HØGÅS HYTTEFELT AS

4735 EVJE

Finances

Share Ownership

Return on Equity

−3,7 %

Current Ratio

77,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	625 000	1 713 000	2 000	420 000
Net Income	−83 000	265 000	−161 000	−233 000
Total Assets	2 263 000	3 051 000	2 582 000	2 657 000
Total Equity	2 242 000	2 615 000	2 350 000	2 511 000

Income (NOK)	2022	2021	2020	2019
Revenue	625 000	1 713 000	2 000	420 000
Expenditure	718 000	1 468 000	141 000	606 000
Operating Profit	−94 000	245 000	−140 000	−186 000
Financial Income	0	0	0	2 000
Financial Costs	13 000	17 000	22 000	48 000
Financial Balance	−13 000	−17 000	−22 000	−46 000
Earnings Before Tax	−106 000	228 000	−161 000	−233 000
Tax	−23 000	−37 000	0	0
Net Income	−83 000	265 000	−161 000	−233 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	633 000	825 000	863 000	938 000
Total Current Assets	1 630 000	2 226 000	1 719 000	1 719 000
Total Assets	2 263 000	3 051 000	2 582 000	2 657 000
Total Retained Equity	2 142 000	2 515 000	2 250 000	2 411 000
Total Equity	2 242 000	2 615 000	2 350 000	2 511 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	21 000	436 000	232 000	146 000
Total Equity and Debt	2 263 000	3 051 000	2 582 000	2 657 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	625 000	1 700 000	0	420 000
Other Income	0	13 000	2 000	0
Revenue	625 000	1 713 000	2 000	420 000
Cost of Goods Sold	613 000	1 393 000	66 000	452 000
Salary Costs	0	0	0	0
Depreciation	75 000	75 000	75 000	75 000
Impairment	0	0	0	0
Expenditure	718 000	1 468 000	141 000	606 000
Operating Profit	−94 000	245 000	−140 000	−186 000
Financial Income	0	0	0	2 000
Financial Costs	13 000	17 000	22 000	48 000
Financial Balance	−13 000	−17 000	−22 000	−46 000
Dividends	0	0	0	0
Net Income	−83 000	265 000	−161 000	−233 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	90 000	66 000	30 000	30 000
Real Eastate	172 000	183 000	195 000	206 000
Machinery and Plant Facilities	372 000	435 000	499 000	562 000
Fixtures	0	0	0	0
Total Tangible Assets	543 000	618 000	693 000	768 000
Total Fiancial Fixed Assets	0	140 000	140 000	140 000
Total Fixed Assets	633 000	825 000	863 000	938 000
Stock	1 014 000	1 214 000	1 718 000	1 718 000
Total Investments	0	0	0	0
Cash, Bank	616 000	1 012 000	0	0
Total Current Assets	1 630 000	2 226 000	1 719 000	1 719 000
Total Assets	2 263 000	3 051 000	2 582 000	2 657 000
Total Equity	2 242 000	2 615 000	2 350 000	2 511 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	308 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 000	125 000	0	0
Total Current Debt	21 000	436 000	232 000	146 000
Total Equity and Debt	2 263 000	3 051 000	2 582 000	2 657 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,7 %	10,13 %	−6,85 %	−9,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−15,04 %	14,3 %	−7 000 %	−44,29 %
Current Ratio	77,62	5,11	7,41	11,77
Quick Ratio	−1,64	−2,86	−1,16	−1,09
Equity Ratio	0,99	0,86	0,91	0,95
Gross Profit Margin	1,92 %	18,68 %	−3 200 %	−7,62 %