HØEN AS

2615 LILLEHAMMER

Finances

Return on Equity

9,9 %

Current Ratio

N/A

Debt-to-Equity Ratio

2,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	80 000	0	0	14 000
Net Income	60 000	326 000	21 000	4 000
Total Assets	2 143 000	2 387 000	2 072 000	2 051 000
Total Equity	606 000	546 000	219 000	199 000

Income (NOK)	2022	2021	2020	2019
Revenue	80 000	0	0	14 000
Expenditure	20 000	12 000	13 000	10 000
Operating Profit	60 000	−12 000	−13 000	4 000
Financial Income	0	338 000	34 000	0
Financial Costs	0	0	0	0
Financial Balance	0	338 000	34 000	0
Earnings Before Tax	60 000	326 000	21 000	4 000
Tax	0	0	0	0
Net Income	60 000	326 000	21 000	4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 033 000	2 033 000	2 033 000	2 033 000
Total Current Assets	110 000	355 000	39 000	18 000
Total Assets	2 143 000	2 387 000	2 072 000	2 051 000
Total Retained Equity	496 000	436 000	109 000	89 000
Total Equity	606 000	546 000	219 000	199 000
Total Long-Term Debt	1 537 000	1 837 000	1 852 000	1 852 000
Total Current Debt	0	4 000	0	0
Total Equity and Debt	2 143 000	2 387 000	2 072 000	2 051 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	14 000
Other Income	80 000	0	0	0
Revenue	80 000	0	0	14 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	20 000	12 000	13 000	10 000
Operating Profit	60 000	−12 000	−13 000	4 000
Financial Income	0	338 000	34 000	0
Financial Costs	0	0	0	0
Financial Balance	0	338 000	34 000	0
Dividends	0	0	0	0
Net Income	60 000	326 000	21 000	4 000

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	2 033 000	2 033 000	2 033 000	2 033 000
Total Fixed Assets	2 033 000	2 033 000	2 033 000	2 033 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	110 000	355 000	39 000	18 000
Total Current Assets	110 000	355 000	39 000	18 000
Total Assets	2 143 000	2 387 000	2 072 000	2 051 000
Total Equity	606 000	546 000	219 000	199 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 537 000	1 837 000	1 852 000	1 852 000
Creditors	0	4 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	0	4 000	0	0
Total Equity and Debt	2 143 000	2 387 000	2 072 000	2 051 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,9 %	59,71 %	9,59 %	2,01 %
Debt-to-Equity Ratio	2,54	3,36	8,46	9,31
Operating Profit Margin	75 %	-	-	28,57 %
Current Ratio	-	88,75	-	-
Quick Ratio	-	88,75	-	-
Equity Ratio	0,28	0,23	0,11	0,1
Gross Profit Margin	100 %	-	-	100 %