HØILAND GARD AS

4137 ÅRDAL I RYFYLKE

Finances

Share Ownership

Return on Equity

−21,43 %

Current Ratio

2,03

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	576 000	627 000	905 000	985 000
Net Income	−511 000	37 000	172 000	−557 000
Total Assets	3 540 000	3 929 000	3 824 000	3 720 000
Total Equity	2 385 000	2 835 000	2 798 000	2 626 000

Income (NOK)	2022	2021	2020	2019
Revenue	576 000	627 000	905 000	985 000
Expenditure	1 214 000	570 000	678 000	1 687 000
Operating Profit	−638 000	57 000	227 000	−702 000
Financial Income	1 000	2 000	3 000	4 000
Financial Costs	18 000	11 000	9 000	16 000
Financial Balance	−17 000	−9 000	−6 000	−12 000
Earnings Before Tax	−655 000	47 000	221 000	−714 000
Tax	−144 000	10 000	49 000	−157 000
Net Income	−511 000	37 000	172 000	−557 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 211 000	2 318 000	2 426 000	2 708 000
Total Current Assets	1 329 000	1 610 000	1 397 000	1 012 000
Total Assets	3 540 000	3 929 000	3 824 000	3 720 000
Total Retained Equity	624 000	1 135 000	1 098 000	926 000
Total Equity	2 385 000	2 835 000	2 798 000	2 626 000
Total Long-Term Debt	500 000	500 000	500 000	500 000
Total Current Debt	655 000	594 000	526 000	594 000
Total Equity and Debt	3 540 000	3 929 000	3 824 000	3 720 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	576 000	627 000	905 000	985 000
Other Income	0	0	0	0
Revenue	576 000	627 000	905 000	985 000
Cost of Goods Sold	0	23 000	23 000	54 000
Salary Costs	147 000	0	2 000	873 000
Depreciation	225 000	116 000	233 000	220 000
Impairment	0	0	0	0
Expenditure	1 214 000	570 000	678 000	1 687 000
Operating Profit	−638 000	57 000	227 000	−702 000
Financial Income	1 000	2 000	3 000	4 000
Financial Costs	18 000	11 000	9 000	16 000
Financial Balance	−17 000	−9 000	−6 000	−12 000
Dividends	0	0	0	0
Net Income	−511 000	37 000	172 000	−557 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	306 000	179 000	190 000	238 000
Real Eastate	1 858 000	2 051 000	2 129 000	2 322 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	47 000	88 000	108 000	148 000
Total Tangible Assets	1 905 000	2 139 000	2 237 000	2 470 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 211 000	2 318 000	2 426 000	2 708 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 173 000	1 549 000	1 317 000	958 000
Total Current Assets	1 329 000	1 610 000	1 397 000	1 012 000
Total Assets	3 540 000	3 929 000	3 824 000	3 720 000
Total Equity	2 385 000	2 835 000	2 798 000	2 626 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	500 000	500 000	500 000	500 000
Creditors	26 000	31 000	9 000	3 000
Unpaid Taxes	1 000	17 000	15 000	65 000
Dividends	0	0	0	0
Other Current Debt	629 000	546 000	501 000	526 000
Total Current Debt	655 000	594 000	526 000	594 000
Total Equity and Debt	3 540 000	3 929 000	3 824 000	3 720 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−21,43 %	1,31 %	6,15 %	−21,21 %
Debt-to-Equity Ratio	0,21	0,18	0,18	0,19
Operating Profit Margin	−110,76 %	9,09 %	25,08 %	−71,27 %
Current Ratio	2,03	2,71	2,66	1,7
Quick Ratio	2,03	2,71	2,66	1,7
Equity Ratio	0,67	0,72	0,73	0,71
Gross Profit Margin	100 %	96,33 %	97,46 %	94,52 %