HØKNESNES AS

7805 NAMSOS

Finances

Share Ownership

Return on Equity

16,82 %

Current Ratio

7,56

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	638 000	331 000	388 000	595 000
Net Income	252 000	82 000	172 000	139 000
Total Assets	1 785 000	1 614 000	1 654 000	2 056 000
Total Equity	1 498 000	1 246 000	1 164 000	992 000

Income (NOK)	2022	2021	2020	2019
Revenue	638 000	331 000	388 000	595 000
Expenditure	154 000	216 000	163 000	226 000
Operating Profit	328 000	115 000	224 000	213 000
Financial Income	0	0	15 000	1 000
Financial Costs	6 000	9 000	19 000	36 000
Financial Balance	−6 000	−9 000	−4 000	−35 000
Earnings Before Tax	323 000	106 000	220 000	178 000
Tax	71 000	23 000	48 000	39 000
Net Income	252 000	82 000	172 000	139 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	4 000	30 000
Total Current Assets	1 785 000	1 614 000	1 650 000	2 026 000
Total Assets	1 785 000	1 614 000	1 654 000	2 056 000
Total Retained Equity	1 468 000	1 216 000	1 134 000	962 000
Total Equity	1 498 000	1 246 000	1 164 000	992 000
Total Long-Term Debt	50 000	166 000	279 000	882 000
Total Current Debt	236 000	201 000	212 000	182 000
Total Equity and Debt	1 785 000	1 614 000	1 654 000	2 056 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	426 000	150 000	130 000	405 000
Other Income	213 000	182 000	257 000	190 000
Revenue	638 000	331 000	388 000	595 000
Cost of Goods Sold	0	0	0	0
Salary Costs	60 000	60 000	0	60 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	154 000	216 000	163 000	226 000
Operating Profit	328 000	115 000	224 000	213 000
Financial Income	0	0	15 000	1 000
Financial Costs	6 000	9 000	19 000	36 000
Financial Balance	−6 000	−9 000	−4 000	−35 000
Dividends	0	0	0	0
Net Income	252 000	82 000	172 000	139 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	4 000	30 000
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	0	0	0	0
Total Fixed Assets	0	0	4 000	30 000
Stock	857 000	1 013 000	1 013 000	1 013 000
Total Investments	0	0	0	0
Cash, Bank	806 000	448 000	412 000	826 000
Total Current Assets	1 785 000	1 614 000	1 650 000	2 026 000
Total Assets	1 785 000	1 614 000	1 654 000	2 056 000
Total Equity	1 498 000	1 246 000	1 164 000	992 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	50 000	166 000	279 000	882 000
Creditors	0	9 000	21 000	0
Unpaid Taxes	36 000	47 000	30 000	60 000
Dividends	0	0	0	0
Other Current Debt	129 000	125 000	138 000	122 000
Total Current Debt	236 000	201 000	212 000	182 000
Total Equity and Debt	1 785 000	1 614 000	1 654 000	2 056 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,82 %	6,58 %	14,78 %	14,01 %
Debt-to-Equity Ratio	0,03	0,13	0,24	0,89
Operating Profit Margin	51,41 %	34,74 %	57,73 %	35,8 %
Current Ratio	7,56	8,03	7,78	11,13
Quick Ratio	−2,87	−1,99	−2,06	−2,44
Equity Ratio	0,84	0,77	0,7	0,48
Gross Profit Margin	100 %	100 %	100 %	100 %