HØEG EIENDOM HOLDING AS

3263 LARVIK

Finances

Return on Equity

−5,88 %

Current Ratio

215,71

Debt-to-Equity Ratio

23,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 953 000	2 931 000	2 854 000	225 000
Net Income	−72 000	14 122 000	44 000	14 808 000
Total Assets	29 755 000	52 626 000	47 453 000	66 534 000
Total Equity	1 224 000	1 296 000	7 174 000	8 090 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 953 000	2 931 000	2 854 000	225 000
Expenditure	3 161 000	3 007 000	2 961 000	357 000
Operating Profit	−208 000	−75 000	−107 000	−132 000
Financial Income	4 393 000	17 638 000	2 497 000	16 242 000
Financial Costs	4 378 000	3 331 000	2 356 000	1 335 000
Financial Balance	15 000	14 307 000	141 000	14 907 000
Earnings Before Tax	−192 000	14 231 000	34 000	14 776 000
Tax	−120 000	110 000	−10 000	−32 000
Net Income	−72 000	14 122 000	44 000	14 808 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 497 000	386 000	441 000	368 000
Total Current Assets	28 258 000	52 239 000	47 011 000	66 165 000
Total Assets	29 755 000	52 626 000	47 453 000	66 534 000
Total Retained Equity	530 000	602 000	1 678 000	2 594 000
Total Equity	1 224 000	1 296 000	7 174 000	8 090 000
Total Long-Term Debt	28 400 000	37 600 000	39 200 000	42 053 000
Total Current Debt	131 000	13 730 000	1 079 000	16 391 000
Total Equity and Debt	29 755 000	52 626 000	47 453 000	66 534 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 953 000	2 931 000	2 854 000	225 000
Revenue	2 953 000	2 931 000	2 854 000	225 000
Cost of Goods Sold	2 848 000	2 767 000	2 700 000	225 000
Salary Costs	0	5 000	0	0
Depreciation	10 000	13 000	16 000	0
Impairment	0	0	0	0
Expenditure	3 161 000	3 007 000	2 961 000	357 000
Operating Profit	−208 000	−75 000	−107 000	−132 000
Financial Income	4 393 000	17 638 000	2 497 000	16 242 000
Financial Costs	4 378 000	3 331 000	2 356 000	1 335 000
Financial Balance	15 000	14 307 000	141 000	14 907 000
Dividends	0	13 520 000	960 000	16 080 000
Net Income	−72 000	14 122 000	44 000	14 808 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	120 000	0	43 000	32 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	40 000	50 000	63 000	0
Total Tangible Assets	40 000	50 000	63 000	0
Total Fiancial Fixed Assets	1 336 000	336 000	336 000	336 000
Total Fixed Assets	1 497 000	386 000	441 000	368 000
Stock	0	0	0	0
Total Investments	2 554 000	4 019 000	4 974 000	0
Cash, Bank	469 000	27 502 000	7 039 000	31 053 000
Total Current Assets	28 258 000	52 239 000	47 011 000	66 165 000
Total Assets	29 755 000	52 626 000	47 453 000	66 534 000
Total Equity	1 224 000	1 296 000	7 174 000	8 090 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	28 400 000	37 600 000	39 200 000	42 053 000
Creditors	11 000	24 000	6 000	311 000
Unpaid Taxes	112 000	116 000	113 000	0
Dividends	0	13 520 000	960 000	16 080 000
Other Current Debt	8 000	3 000	0	0
Total Current Debt	131 000	13 730 000	1 079 000	16 391 000
Total Equity and Debt	29 755 000	52 626 000	47 453 000	66 534 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,88 %	1 089,66 %	0,61 %	183,04 %
Debt-to-Equity Ratio	23,2	29,01	5,46	5,2
Operating Profit Margin	−7,04 %	−2,56 %	−3,75 %	−58,67 %
Current Ratio	215,71	3,8	43,57	4,04
Quick Ratio	215,71	3,8	43,57	4,04
Equity Ratio	0,04	0,02	0,15	0,12
Gross Profit Margin	3,56 %	5,6 %	5,4 %	0 %