HØYHOLM VEKST AS

8976 VEVELSTAD

Finances

Return on Equity

−1 230,77 %

Current Ratio

0,59

Debt-to-Equity Ratio

78,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 204 000	3 536 000	999 000	1 636 000
Net Income	−320 000	104 000	126 000	309 000
Total Assets	4 868 000	4 242 000	4 310 000	2 970 000
Total Equity	26 000	346 000	242 000	116 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 204 000	3 536 000	999 000	1 636 000
Expenditure	6 323 000	3 295 000	687 000	1 159 000
Operating Profit	−119 000	240 000	312 000	476 000
Financial Income	17 000	55 000	12 000	12 000
Financial Costs	218 000	191 000	198 000	179 000
Financial Balance	−201 000	−136 000	−186 000	−167 000
Earnings Before Tax	−320 000	104 000	126 000	309 000
Tax	0	0	0	0
Net Income	−320 000	104 000	126 000	309 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 216 000	3 348 000	3 295 000	1 171 000
Total Current Assets	1 652 000	893 000	1 015 000	1 799 000
Total Assets	4 868 000	4 242 000	4 310 000	2 970 000
Total Retained Equity	−371 000	−51 000	−155 000	−281 000
Total Equity	26 000	346 000	242 000	116 000
Total Long-Term Debt	2 034 000	2 278 000	2 284 000	1 410 000
Total Current Debt	2 807 000	1 618 000	1 783 000	1 444 000
Total Equity and Debt	4 868 000	4 242 000	4 310 000	2 970 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 087 000	2 643 000	0	947 000
Other Income	117 000	894 000	999 000	689 000
Revenue	6 204 000	3 536 000	999 000	1 636 000
Cost of Goods Sold	4 974 000	2 165 000	29 000	716 000
Salary Costs	610 000	573 000	393 000	294 000
Depreciation	176 000	130 000	66 000	108 000
Impairment	0	0	0	0
Expenditure	6 323 000	3 295 000	687 000	1 159 000
Operating Profit	−119 000	240 000	312 000	476 000
Financial Income	17 000	55 000	12 000	12 000
Financial Costs	218 000	191 000	198 000	179 000
Financial Balance	−201 000	−136 000	−186 000	−167 000
Dividends	0	0	0	0
Net Income	−320 000	104 000	126 000	309 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 242 000	1 311 000	3 247 000	1 119 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 870 000	1 976 000	27 000	31 000
Total Tangible Assets	3 112 000	3 288 000	3 274 000	1 150 000
Total Fiancial Fixed Assets	104 000	61 000	21 000	21 000
Total Fixed Assets	3 216 000	3 348 000	3 295 000	1 171 000
Stock	821 000	711 000	0	0
Total Investments	0	0	0	0
Cash, Bank	28 000	26 000	318 000	19 000
Total Current Assets	1 652 000	893 000	1 015 000	1 799 000
Total Assets	4 868 000	4 242 000	4 310 000	2 970 000
Total Equity	26 000	346 000	242 000	116 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 034 000	2 278 000	2 284 000	1 410 000
Creditors	888 000	865 000	91 000	11 000
Unpaid Taxes	135 000	33 000	32 000	20 000
Dividends	0	0	0	0
Other Current Debt	364 000	56 000	50 000	98 000
Total Current Debt	2 807 000	1 618 000	1 783 000	1 444 000
Total Equity and Debt	4 868 000	4 242 000	4 310 000	2 970 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 230,77 %	30,06 %	52,07 %	266,38 %
Debt-to-Equity Ratio	78,23	6,58	9,44	12,16
Operating Profit Margin	−1,92 %	6,79 %	31,23 %	29,1 %
Current Ratio	0,59	0,55	0,57	1,25
Quick Ratio	0,83	0,98	0,57	1,25
Equity Ratio	0,01	0,08	0,06	0,04
Gross Profit Margin	19,83 %	38,77 %	97,1 %	56,23 %