HØGENIPA AS

0164 OSLO

Finances

Return on Equity

10,23 %

Current Ratio

6,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 444 000	12 935 000	12 493 000	13 462 000
Net Income	3 639 000	2 805 000	2 811 000	3 294 000
Total Assets	36 937 000	33 599 000	37 123 000	34 722 000
Total Equity	35 584 000	31 945 000	33 140 000	30 329 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 444 000	12 935 000	12 493 000	13 462 000
Expenditure	8 684 000	9 298 000	8 813 000	9 024 000
Operating Profit	2 760 000	3 637 000	3 680 000	4 437 000
Financial Income	1 732 000	10 000	15 000	7 000
Financial Costs	224 000	47 000	88 000	188 000
Financial Balance	1 508 000	−37 000	−73 000	−181 000
Earnings Before Tax	4 268 000	3 600 000	3 607 000	4 256 000
Tax	629 000	795 000	796 000	963 000
Net Income	3 639 000	2 805 000	2 811 000	3 294 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 365 000	28 389 000	29 919 000	29 801 000
Total Current Assets	8 572 000	5 209 000	7 204 000	4 921 000
Total Assets	36 937 000	33 599 000	37 123 000	34 722 000
Total Retained Equity	35 474 000	31 835 000	33 030 000	30 219 000
Total Equity	35 584 000	31 945 000	33 140 000	30 329 000
Total Long-Term Debt	0	3 000	2 250 000	2 550 000
Total Current Debt	1 353 000	1 651 000	1 734 000	1 843 000
Total Equity and Debt	36 937 000	33 599 000	37 123 000	34 722 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 804 000	12 406 000	11 887 000	12 823 000
Other Income	640 000	529 000	606 000	639 000
Revenue	11 444 000	12 935 000	12 493 000	13 462 000
Cost of Goods Sold	722 000	99 000	135 000	65 000
Salary Costs	5 540 000	6 415 000	5 898 000	6 410 000
Depreciation	32 000	32 000	67 000	−26 000
Impairment	0	0	0	0
Expenditure	8 684 000	9 298 000	8 813 000	9 024 000
Operating Profit	2 760 000	3 637 000	3 680 000	4 437 000
Financial Income	1 732 000	10 000	15 000	7 000
Financial Costs	224 000	47 000	88 000	188 000
Financial Balance	1 508 000	−37 000	−73 000	−181 000
Dividends	0	0	0	0
Net Income	3 639 000	2 805 000	2 811 000	3 294 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	39 000	44 000	54 000	59 000
Real Eastate	16 689 000	16 689 000	16 689 000	16 689 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	83 000	115 000	147 000	195 000
Total Tangible Assets	16 772 000	16 804 000	16 836 000	16 883 000
Total Fiancial Fixed Assets	11 554 000	11 541 000	13 029 000	12 859 000
Total Fixed Assets	28 365 000	28 389 000	29 919 000	29 801 000
Stock	0	0	0	0
Total Investments	652 000	0	0	0
Cash, Bank	7 549 000	5 185 000	7 199 000	4 916 000
Total Current Assets	8 572 000	5 209 000	7 204 000	4 921 000
Total Assets	36 937 000	33 599 000	37 123 000	34 722 000
Total Equity	35 584 000	31 945 000	33 140 000	30 329 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 000	2 250 000	2 550 000
Creditors	0	0	22 000	73 000
Unpaid Taxes	240 000	315 000	385 000	310 000
Dividends	0	0	0	0
Other Current Debt	489 000	551 000	536 000	527 000
Total Current Debt	1 353 000	1 651 000	1 734 000	1 843 000
Total Equity and Debt	36 937 000	33 599 000	37 123 000	34 722 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,23 %	8,78 %	8,48 %	10,86 %
Debt-to-Equity Ratio	0	0	0,07	0,08
Operating Profit Margin	24,12 %	28,12 %	29,46 %	32,96 %
Current Ratio	6,34	3,16	4,15	2,67
Quick Ratio	6,34	3,16	4,15	2,67
Equity Ratio	0,96	0,95	0,89	0,87
Gross Profit Margin	93,69 %	99,23 %	98,92 %	99,52 %