HIGH FREDRIKSTAD AS

1607 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−185,19 %

Current Ratio

3,02

Debt-to-Equity Ratio

17,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 649 000	3 091 000	2 679 000	3 086 000
Net Income	−150 000	10 000	−79 000	−3 000
Total Assets	2 235 000	2 438 000	2 103 000	2 326 000
Total Equity	81 000	231 000	221 000	247 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 649 000	3 091 000	2 679 000	3 086 000
Expenditure	3 799 000	3 083 000	2 773 000	3 188 000
Operating Profit	−149 000	9 000	−94 000	−103 000
Financial Income	3 000	3 000	3 000	23 000
Financial Costs	4 000	2 000	3 000	8 000
Financial Balance	−1 000	1 000	0	15 000
Earnings Before Tax	−150 000	10 000	−94 000	−88 000
Tax	0	0	−15 000	−84 000
Net Income	−150 000	10 000	−79 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	105 000	171 000	238 000	304 000
Total Current Assets	2 130 000	2 267 000	1 866 000	2 022 000
Total Assets	2 235 000	2 438 000	2 103 000	2 326 000
Total Retained Equity	−570 000	−420 000	−430 000	−351 000
Total Equity	81 000	231 000	221 000	247 000
Total Long-Term Debt	1 448 000	1 103 000	1 171 000	1 000
Total Current Debt	706 000	1 104 000	711 000	2 079 000
Total Equity and Debt	2 235 000	2 438 000	2 103 000	2 326 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 649 000	2 867 000	2 588 000	3 086 000
Other Income	0	224 000	92 000	0
Revenue	3 649 000	3 091 000	2 679 000	3 086 000
Cost of Goods Sold	1 947 000	1 415 000	1 177 000	1 522 000
Salary Costs	970 000	813 000	799 000	1 022 000
Depreciation	67 000	67 000	67 000	28 000
Impairment	0	0	0	0
Expenditure	3 799 000	3 083 000	2 773 000	3 188 000
Operating Profit	−149 000	9 000	−94 000	−103 000
Financial Income	3 000	3 000	3 000	23 000
Financial Costs	4 000	2 000	3 000	8 000
Financial Balance	−1 000	1 000	0	15 000
Dividends	0	0	0	0
Net Income	−150 000	10 000	−79 000	−3 000

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	105 000	171 000	238 000	304 000
Total Tangible Assets	105 000	171 000	238 000	304 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	105 000	171 000	238 000	304 000
Stock	1 053 000	952 000	874 000	950 000
Total Investments	0	0	0	0
Cash, Bank	809 000	995 000	758 000	944 000
Total Current Assets	2 130 000	2 267 000	1 866 000	2 022 000
Total Assets	2 235 000	2 438 000	2 103 000	2 326 000
Total Equity	81 000	231 000	221 000	247 000
Short-Term Group Debt	0	0	0	1 196 000
Total Long-Term Debt	1 448 000	1 103 000	1 171 000	1 000
Creditors	390 000	794 000	464 000	527 000
Unpaid Taxes	162 000	205 000	131 000	226 000
Dividends	0	0	0	0
Other Current Debt	153 000	105 000	116 000	130 000
Total Current Debt	706 000	1 104 000	711 000	2 079 000
Total Equity and Debt	2 235 000	2 438 000	2 103 000	2 326 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−185,19 %	4,33 %	−35,75 %	−1,21 %
Debt-to-Equity Ratio	17,88	4,77	5,3	0
Operating Profit Margin	−4,08 %	0,29 %	−3,51 %	−3,34 %
Current Ratio	3,02	2,05	2,62	0,97
Quick Ratio	−6,14	14,91	−11,45	1,79
Equity Ratio	0,04	0,09	0,11	0,11
Gross Profit Margin	46,64 %	54,22 %	56,07 %	50,68 %