HØIEGGEN HOLDING AS

7028 TRONDHEIM

Finances

Return on Equity

−2,57 %

Current Ratio

4,48

Debt-to-Equity Ratio

0,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 698 000	3 542 000	2 043 000	7 500 000
Net Income	−163 000	133 000	−337 000	276 000
Total Assets	12 231 000	13 143 000	11 341 000	10 252 000
Total Equity	6 353 000	6 516 000	7 535 000	7 872 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 698 000	3 542 000	2 043 000	7 500 000
Expenditure	4 868 000	4 097 000	3 039 000	8 302 000
Operating Profit	−171 000	−556 000	−996 000	−802 000
Financial Income	226 000	693 000	611 000	582 000
Financial Costs	250 000	91 000	47 000	−574 000
Financial Balance	−24 000	602 000	564 000	1 156 000
Earnings Before Tax	−195 000	47 000	−433 000	354 000
Tax	−32 000	−87 000	−96 000	78 000
Net Income	−163 000	133 000	−337 000	276 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 105 000	8 105 000	3 538 000	0
Total Current Assets	4 126 000	5 038 000	7 804 000	10 252 000
Total Assets	12 231 000	13 143 000	11 341 000	10 252 000
Total Retained Equity	0	0	−9 086 000	−8 749 000
Total Equity	6 353 000	6 516 000	7 535 000	7 872 000
Total Long-Term Debt	4 956 000	5 656 000	3 291 000	1 366 000
Total Current Debt	922 000	971 000	515 000	1 014 000
Total Equity and Debt	12 231 000	13 143 000	11 341 000	10 252 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 930 000	3 120 000	1 950 000	7 500 000
Other Income	768 000	422 000	93 000	0
Revenue	4 698 000	3 542 000	2 043 000	7 500 000
Cost of Goods Sold	3 930 000	3 119 000	1 950 000	7 500 000
Salary Costs	479 000	463 000	458 000	469 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 868 000	4 097 000	3 039 000	8 302 000
Operating Profit	−171 000	−556 000	−996 000	−802 000
Financial Income	226 000	693 000	611 000	582 000
Financial Costs	250 000	91 000	47 000	−574 000
Financial Balance	−24 000	602 000	564 000	1 156 000
Dividends	0	0	0	0
Net Income	−163 000	133 000	−337 000	276 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 105 000	8 105 000	3 538 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 105 000	8 105 000	3 538 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 105 000	8 105 000	3 538 000	0
Stock	0	3 930 000	7 050 000	9 000 000
Total Investments	238 000	107 000	285 000	7 000
Cash, Bank	2 666 000	549 000	94 000	931 000
Total Current Assets	4 126 000	5 038 000	7 804 000	10 252 000
Total Assets	12 231 000	13 143 000	11 341 000	10 252 000
Total Equity	6 353 000	6 516 000	7 535 000	7 872 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 956 000	5 656 000	3 291 000	1 366 000
Creditors	47 000	27 000	26 000	23 000
Unpaid Taxes	51 000	297 000	29 000	31 000
Dividends	0	0	0	0
Other Current Debt	260 000	260 000	260 000	260 000
Total Current Debt	922 000	971 000	515 000	1 014 000
Total Equity and Debt	12 231 000	13 143 000	11 341 000	10 252 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,57 %	2,04 %	−4,47 %	3,51 %
Debt-to-Equity Ratio	0,78	0,87	0,44	0,17
Operating Profit Margin	−3,64 %	−15,7 %	−48,75 %	−10,69 %
Current Ratio	4,48	5,19	15,15	10,11
Quick Ratio	4,48	−1,7	−1,19	−1,28
Equity Ratio	0,52	0,5	0,66	0,77
Gross Profit Margin	16,35 %	11,94 %	4,55 %	0 %