HØGMOVEIEN AS

7340 OPPDAL

Finances

Share Ownership

Return on Equity

2,59 %

Current Ratio

3,89

Debt-to-Equity Ratio

−4,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	407 000	397 000	381 000	383 000
Net Income	−16 000	−26 000	−102 000	−157 000
Total Assets	2 355 000	2 486 000	2 310 000	2 482 000
Total Equity	−617 000	−602 000	−576 000	−473 000

Income (NOK)	2022	2021	2020	2019
Revenue	407 000	397 000	381 000	383 000
Expenditure	302 000	317 000	376 000	433 000
Operating Profit	105 000	80 000	5 000	−50 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	122 000	107 000	108 000	113 000
Financial Balance	−121 000	−106 000	−107 000	−112 000
Earnings Before Tax	−16 000	−26 000	−102 000	−162 000
Tax	0	0	0	−5 000
Net Income	−16 000	−26 000	−102 000	−157 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 176 000	2 240 000	2 303 000	2 367 000
Total Current Assets	179 000	246 000	7 000	115 000
Total Assets	2 355 000	2 486 000	2 310 000	2 482 000
Total Retained Equity	−717 000	−702 000	−676 000	−573 000
Total Equity	−617 000	−602 000	−576 000	−473 000
Total Long-Term Debt	2 927 000	3 050 000	2 855 000	2 897 000
Total Current Debt	46 000	38 000	31 000	58 000
Total Equity and Debt	2 355 000	2 486 000	2 310 000	2 482 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	407 000	397 000	381 000	383 000
Revenue	407 000	397 000	381 000	383 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	64 000	64 000	64 000	58 000
Impairment	0	0	0	0
Expenditure	302 000	317 000	376 000	433 000
Operating Profit	105 000	80 000	5 000	−50 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	122 000	107 000	108 000	113 000
Financial Balance	−121 000	−106 000	−107 000	−112 000
Dividends	0	0	0	0
Net Income	−16 000	−26 000	−102 000	−157 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 176 000	2 240 000	2 303 000	2 367 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 176 000	2 240 000	2 303 000	2 367 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 176 000	2 240 000	2 303 000	2 367 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	171 000	239 000	0	104 000
Total Current Assets	179 000	246 000	7 000	115 000
Total Assets	2 355 000	2 486 000	2 310 000	2 482 000
Total Equity	−617 000	−602 000	−576 000	−473 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 927 000	3 050 000	2 855 000	2 897 000
Creditors	9 000	4 000	9 000	38 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	36 000	34 000	22 000	20 000
Total Current Debt	46 000	38 000	31 000	58 000
Total Equity and Debt	2 355 000	2 486 000	2 310 000	2 482 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,59 %	4,32 %	17,71 %	33,19 %
Debt-to-Equity Ratio	−4,74	−5,07	−4,96	−6,12
Operating Profit Margin	25,8 %	20,15 %	1,31 %	−13,05 %
Current Ratio	3,89	6,47	0,23	1,98
Quick Ratio	3,89	6,47	0,23	1,98
Equity Ratio	−0,26	−0,24	−0,25	−0,19
Gross Profit Margin	100 %	100 %	100 %	100 %