HØISETH UTVIKLING AS

7080 HEIMDAL

Finances

Share Ownership

Return on Equity

9,89 %

Current Ratio

0,66

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 700 000	45 830 000	68 681 000	0
Net Income	−400 000	−4 600 000	−2 809 000	1 662 000
Total Assets	8 010 000	14 078 000	55 918 000	132 377 000
Total Equity	−4 043 000	−3 642 000	958 000	13 767 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 700 000	45 830 000	68 681 000	0
Expenditure	6 109 000	50 314 000	72 134 000	1 348 000
Operating Profit	−409 000	−4 484 000	−3 452 000	−1 349 000
Financial Income	9 000	3 000	1 372 000	7 267 000
Financial Costs	0	119 000	1 519 000	3 786 000
Financial Balance	9 000	−116 000	−147 000	3 481 000
Earnings Before Tax	−400 000	−4 600 000	−3 600 000	2 132 000
Tax	0	0	−791 000	470 000
Net Income	−400 000	−4 600 000	−2 809 000	1 662 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	8 010 000	14 078 000	55 918 000	132 377 000
Total Assets	8 010 000	14 078 000	55 918 000	132 377 000
Total Retained Equity	−4 099 000	−3 699 000	901 000	13 710 000
Total Equity	−4 043 000	−3 642 000	958 000	13 767 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	12 053 000	17 721 000	54 960 000	118 610 000
Total Equity and Debt	8 010 000	14 078 000	55 918 000	132 377 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 700 000	45 390 000	67 655 000	0
Other Income	0	440 000	1 026 000	0
Revenue	5 700 000	45 830 000	68 681 000	0
Cost of Goods Sold	5 760 000	44 276 000	70 753 000	0
Salary Costs	23 000	1 315 000	790 000	870 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 109 000	50 314 000	72 134 000	1 348 000
Operating Profit	−409 000	−4 484 000	−3 452 000	−1 349 000
Financial Income	9 000	3 000	1 372 000	7 267 000
Financial Costs	0	119 000	1 519 000	3 786 000
Financial Balance	9 000	−116 000	−147 000	3 481 000
Dividends	0	0	10 000 000	0
Net Income	−400 000	−4 600 000	−2 809 000	1 662 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	5 590 000	47 470 000	19 352 000
Total Investments	0	0	0	0
Cash, Bank	6 724 000	6 481 000	5 575 000	1 838 000
Total Current Assets	8 010 000	14 078 000	55 918 000	132 377 000
Total Assets	8 010 000	14 078 000	55 918 000	132 377 000
Total Equity	−4 043 000	−3 642 000	958 000	13 767 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	54 000	46 000	71 000	1 946 000
Unpaid Taxes	12 000	42 000	77 000	68 000
Dividends	0	0	10 000 000	0
Other Current Debt	11 987 000	17 633 000	32 345 000	85 049 000
Total Current Debt	12 053 000	17 721 000	54 960 000	118 610 000
Total Equity and Debt	8 010 000	14 078 000	55 918 000	132 377 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,89 %	126,3 %	−293,22 %	12,07 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	−7,18 %	−9,78 %	−5,03 %	-
Current Ratio	0,66	0,79	1,02	1,12
Quick Ratio	0,66	1,16	7,47	1,33
Equity Ratio	−0,5	−0,26	0,02	0,1
Gross Profit Margin	−1,05 %	3,39 %	−3,02 %	-