HØIDALEN AS

1407 VINTERBRO

Finances

Share Ownership

Return on Equity

−5 800 %

Current Ratio

1,45

Debt-to-Equity Ratio

155,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 836 000	3 844 000	5 444 000	11 066 000
Net Income	−232 000	−112 000	322 000	581 000
Total Assets	1 540 000	1 288 000	2 459 000	2 475 000
Total Equity	4 000	236 000	348 000	426 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 836 000	3 844 000	5 444 000	11 066 000
Expenditure	3 075 000	3 954 000	4 999 000	10 286 000
Operating Profit	−239 000	−111 000	445 000	780 000
Financial Income	0	0	1 000	1 000
Financial Costs	38 000	31 000	30 000	35 000
Financial Balance	−38 000	−31 000	−29 000	−34 000
Earnings Before Tax	−276 000	−142 000	415 000	745 000
Tax	−45 000	−31 000	93 000	165 000
Net Income	−232 000	−112 000	322 000	581 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	219 000	476 000	732 000	595 000
Total Current Assets	1 320 000	812 000	1 728 000	1 880 000
Total Assets	1 540 000	1 288 000	2 459 000	2 475 000
Total Retained Equity	−188 000	44 000	155 000	233 000
Total Equity	4 000	236 000	348 000	426 000
Total Long-Term Debt	622 000	774 000	913 000	722 000
Total Current Debt	913 000	277 000	1 199 000	1 327 000
Total Equity and Debt	1 540 000	1 288 000	2 459 000	2 475 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 836 000	3 844 000	5 384 000	10 943 000
Other Income	0	0	60 000	123 000
Revenue	2 836 000	3 844 000	5 444 000	11 066 000
Cost of Goods Sold	1 903 000	2 516 000	3 556 000	8 631 000
Salary Costs	616 000	796 000	808 000	800 000
Depreciation	256 000	256 000	163 000	160 000
Impairment	0	0	0	0
Expenditure	3 075 000	3 954 000	4 999 000	10 286 000
Operating Profit	−239 000	−111 000	445 000	780 000
Financial Income	0	0	1 000	1 000
Financial Costs	38 000	31 000	30 000	35 000
Financial Balance	−38 000	−31 000	−29 000	−34 000
Dividends	0	0	400 000	804 000
Net Income	−232 000	−112 000	322 000	581 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	219 000	476 000	732 000	595 000
Total Tangible Assets	219 000	476 000	732 000	595 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	219 000	476 000	732 000	595 000
Stock	0	10 000	18 000	163 000
Total Investments	0	0	0	0
Cash, Bank	427 000	784 000	589 000	626 000
Total Current Assets	1 320 000	812 000	1 728 000	1 880 000
Total Assets	1 540 000	1 288 000	2 459 000	2 475 000
Total Equity	4 000	236 000	348 000	426 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	622 000	774 000	913 000	722 000
Creditors	656 000	26 000	246 000	300 000
Unpaid Taxes	95 000	97 000	68 000	62 000
Dividends	0	0	400 000	804 000
Other Current Debt	162 000	153 000	392 000	546 000
Total Current Debt	913 000	277 000	1 199 000	1 327 000
Total Equity and Debt	1 540 000	1 288 000	2 459 000	2 475 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5 800 %	−47,46 %	92,53 %	136,38 %
Debt-to-Equity Ratio	155,5	3,28	2,62	1,69
Operating Profit Margin	−8,43 %	−2,89 %	8,17 %	7,05 %
Current Ratio	1,45	2,93	1,44	1,42
Quick Ratio	1,45	3,04	1,46	1,62
Equity Ratio	0	0,18	0,14	0,17
Gross Profit Margin	32,9 %	34,55 %	34,68 %	22 %