HØGHEIA EIENDOM AS

8614 MO I RANA

Finances

Share Ownership

Return on Equity

11,75 %

Current Ratio

0,48

Debt-to-Equity Ratio

1,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 987 000	1 159 000	1 515 000	1 147 000
Net Income	1 337 000	181 000	333 000	19 000
Total Assets	30 526 000	9 663 000	10 020 000	13 721 000
Total Equity	11 377 000	1 951 000	2 269 000	1 936 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 987 000	1 159 000	1 515 000	1 147 000
Expenditure	1 985 000	740 000	781 000	747 000
Operating Profit	2 002 000	419 000	734 000	400 000
Financial Income	8 000	3 000	4 000	4 000
Financial Costs	296 000	190 000	311 000	380 000
Financial Balance	−288 000	−187 000	−307 000	−376 000
Earnings Before Tax	1 714 000	232 000	427 000	24 000
Tax	377 000	51 000	94 000	5 000
Net Income	1 337 000	181 000	333 000	19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 210 000	8 879 000	9 350 000	12 848 000
Total Current Assets	1 316 000	785 000	671 000	873 000
Total Assets	30 526 000	9 663 000	10 020 000	13 721 000
Total Retained Equity	10 642 000	1 851 000	2 169 000	1 836 000
Total Equity	11 377 000	1 951 000	2 269 000	1 936 000
Total Long-Term Debt	16 400 000	7 000 000	7 613 000	11 582 000
Total Current Debt	2 749 000	713 000	138 000	203 000
Total Equity and Debt	30 526 000	9 663 000	10 020 000	13 721 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 939 000	1 123 000	1 053 000	1 147 000
Other Income	48 000	36 000	463 000	0
Revenue	3 987 000	1 159 000	1 515 000	1 147 000
Cost of Goods Sold	0	8 000	37 000	23 000
Salary Costs	129 000	0	0	0
Depreciation	1 136 000	561 000	561 000	574 000
Impairment	0	0	0	0
Expenditure	1 985 000	740 000	781 000	747 000
Operating Profit	2 002 000	419 000	734 000	400 000
Financial Income	8 000	3 000	4 000	4 000
Financial Costs	296 000	190 000	311 000	380 000
Financial Balance	−288 000	−187 000	−307 000	−376 000
Dividends	500 000	500 000	0	0
Net Income	1 337 000	181 000	333 000	19 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	181 000	90 000	0	0
Real Eastate	7 420 000	8 788 000	9 350 000	12 848 000
Machinery and Plant Facilities	20 066 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	29 030 000	8 788 000	9 350 000	12 848 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	29 210 000	8 879 000	9 350 000	12 848 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 316 000	685 000	664 000	873 000
Total Current Assets	1 316 000	785 000	671 000	873 000
Total Assets	30 526 000	9 663 000	10 020 000	13 721 000
Total Equity	11 377 000	1 951 000	2 269 000	1 936 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 400 000	7 000 000	7 613 000	11 582 000
Creditors	15 000	19 000	19 000	18 000
Unpaid Taxes	25 000	18 000	18 000	18 000
Dividends	500 000	500 000	0	0
Other Current Debt	1 579 000	21 000	0	67 000
Total Current Debt	2 749 000	713 000	138 000	203 000
Total Equity and Debt	30 526 000	9 663 000	10 020 000	13 721 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,75 %	9,28 %	14,68 %	0,98 %
Debt-to-Equity Ratio	1,44	3,59	3,36	5,98
Operating Profit Margin	50,21 %	36,15 %	48,45 %	34,87 %
Current Ratio	0,48	1,1	4,86	4,3
Quick Ratio	0,48	1,1	4,86	4,3
Equity Ratio	0,37	0,2	0,23	0,14
Gross Profit Margin	100 %	99,31 %	97,56 %	97,99 %