HØGEVARDE HYTTESERVICE AS

3539 FLÅ

Finances

Share Ownership

Return on Equity

23,95 %

Current Ratio

2,17

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 240 000	33 170 000	27 211 000	20 676 000
Net Income	3 585 000	3 001 000	2 391 000	−957 000
Total Assets	21 152 000	17 589 000	13 747 000	10 463 000
Total Equity	14 971 000	11 387 000	8 385 000	5 994 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 240 000	33 170 000	27 211 000	20 676 000
Expenditure	33 607 000	29 288 000	24 105 000	21 831 000
Operating Profit	4 634 000	3 881 000	3 107 000	−1 155 000
Financial Income	1 000	0	7 000	5 000
Financial Costs	39 000	33 000	48 000	65 000
Financial Balance	−38 000	−33 000	−41 000	−60 000
Earnings Before Tax	4 596 000	3 848 000	3 066 000	−1 215 000
Tax	1 011 000	847 000	675 000	−258 000
Net Income	3 585 000	3 001 000	2 391 000	−957 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 431 000	6 492 000	2 788 000	3 766 000
Total Current Assets	10 720 000	11 097 000	10 959 000	6 697 000
Total Assets	21 152 000	17 589 000	13 747 000	10 463 000
Total Retained Equity	9 354 000	5 770 000	2 768 000	377 000
Total Equity	14 971 000	11 387 000	8 385 000	5 994 000
Total Long-Term Debt	1 249 000	1 310 000	1 459 000	1 544 000
Total Current Debt	4 931 000	4 893 000	3 903 000	2 924 000
Total Equity and Debt	21 152 000	17 589 000	13 747 000	10 463 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 569 000	30 416 000	24 968 000	20 394 000
Other Income	2 671 000	2 753 000	2 244 000	282 000
Revenue	38 240 000	33 170 000	27 211 000	20 676 000
Cost of Goods Sold	9 817 000	9 938 000	8 367 000	5 455 000
Salary Costs	10 495 000	9 250 000	6 485 000	7 457 000
Depreciation	1 556 000	1 067 000	896 000	1 065 000
Impairment	0	0	0	0
Expenditure	33 607 000	29 288 000	24 105 000	21 831 000
Operating Profit	4 634 000	3 881 000	3 107 000	−1 155 000
Financial Income	1 000	0	7 000	5 000
Financial Costs	39 000	33 000	48 000	65 000
Financial Balance	−38 000	−33 000	−41 000	−60 000
Dividends	0	0	0	0
Net Income	3 585 000	3 001 000	2 391 000	−957 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	13 000	41 000	68 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 033 000	5 446 000	2 422 000	2 863 000
Total Tangible Assets	8 033 000	5 459 000	2 463 000	2 932 000
Total Fiancial Fixed Assets	2 399 000	1 033 000	325 000	834 000
Total Fixed Assets	10 431 000	6 492 000	2 788 000	3 766 000
Stock	187 000	337 000	476 000	636 000
Total Investments	0	0	0	0
Cash, Bank	3 928 000	3 996 000	4 521 000	2 124 000
Total Current Assets	10 720 000	11 097 000	10 959 000	6 697 000
Total Assets	21 152 000	17 589 000	13 747 000	10 463 000
Total Equity	14 971 000	11 387 000	8 385 000	5 994 000
Short-Term Group Debt	0	0	0	33 000
Total Long-Term Debt	1 249 000	1 310 000	1 459 000	1 544 000
Creditors	525 000	1 291 000	1 371 000	718 000
Unpaid Taxes	2 244 000	1 784 000	1 158 000	1 326 000
Dividends	0	0	0	0
Other Current Debt	1 299 000	1 028 000	811 000	848 000
Total Current Debt	4 931 000	4 893 000	3 903 000	2 924 000
Total Equity and Debt	21 152 000	17 589 000	13 747 000	10 463 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,95 %	26,35 %	28,52 %	−15,97 %
Debt-to-Equity Ratio	0,08	0,12	0,17	0,26
Operating Profit Margin	12,12 %	11,7 %	11,42 %	−5,59 %
Current Ratio	2,17	2,27	2,81	2,29
Quick Ratio	2,26	2,44	3,2	2,93
Equity Ratio	0,71	0,65	0,61	0,57
Gross Profit Margin	74,33 %	70,04 %	69,25 %	73,62 %