HØYBØLGEN AS

4005 STAVANGER

Finances

Share Ownership

Return on Equity

10,84 %

Current Ratio

7,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	619 000	603 000	476 000	555 000
Net Income	271 000	249 000	−122 000	189 000
Total Assets	2 727 000	2 450 000	2 165 000	2 304 000
Total Equity	2 501 000	2 230 000	1 981 000	2 103 000

Income (NOK)	2022	2021	2020	2019
Revenue	619 000	603 000	476 000	555 000
Expenditure	271 000	284 000	633 000	312 000
Operating Profit	347 000	319 000	−156 000	243 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	347 000	319 000	−156 000	243 000
Tax	76 000	70 000	−34 000	55 000
Net Income	271 000	249 000	−122 000	189 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 120 000	1 156 000	1 241 000	1 271 000
Total Current Assets	1 607 000	1 294 000	924 000	1 033 000
Total Assets	2 727 000	2 450 000	2 165 000	2 304 000
Total Retained Equity	2 401 000	2 130 000	1 881 000	2 003 000
Total Equity	2 501 000	2 230 000	1 981 000	2 103 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	226 000	220 000	183 000	201 000
Total Equity and Debt	2 727 000	2 450 000	2 165 000	2 304 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	619 000	603 000	476 000	555 000
Other Income	0	0	0	0
Revenue	619 000	603 000	476 000	555 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	69 000	65 000	65 000	65 000
Impairment	0	0	0	0
Expenditure	271 000	284 000	633 000	312 000
Operating Profit	347 000	319 000	−156 000	243 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	0	0	0
Net Income	271 000	249 000	−122 000	189 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	70 000	62 000	82 000	48 000
Real Eastate	1 029 000	1 094 000	1 158 000	1 223 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	21 000	0	0	0
Total Tangible Assets	1 050 000	1 094 000	1 158 000	1 223 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 120 000	1 156 000	1 241 000	1 271 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 567 000	1 294 000	797 000	1 032 000
Total Current Assets	1 607 000	1 294 000	924 000	1 033 000
Total Assets	2 727 000	2 450 000	2 165 000	2 304 000
Total Equity	2 501 000	2 230 000	1 981 000	2 103 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	57 000	1 000
Unpaid Taxes	15 000	15 000	0	12 000
Dividends	0	0	0	0
Other Current Debt	127 000	127 000	127 000	127 000
Total Current Debt	226 000	220 000	183 000	201 000
Total Equity and Debt	2 727 000	2 450 000	2 165 000	2 304 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,84 %	11,17 %	−6,16 %	8,99 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	56,06 %	52,9 %	−32,77 %	43,78 %
Current Ratio	7,11	5,88	5,05	5,14
Quick Ratio	7,11	5,88	5,05	5,14
Equity Ratio	0,92	0,91	0,92	0,91
Gross Profit Margin	100 %	100 %	100 %	100 %