HIGHSOFT AS

6893 VIK I SOGN

Finances

Return on Equity

160,2 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	72 321 000	63 621 000	65 707 000	68 821 000
Net Income	10 165 000	7 770 000	14 864 000	20 198 000
Total Assets	38 323 000	27 816 000	30 937 000	33 733 000
Total Equity	6 345 000	6 993 000	6 992 000	2 128 000

Income (NOK)	2022	2021	2020	2019
Revenue	72 321 000	63 621 000	65 707 000	68 821 000
Expenditure	62 259 000	53 848 000	46 265 000	42 681 000
Operating Profit	10 062 000	9 773 000	19 442 000	26 140 000
Financial Income	3 692 000	932 000	1 127 000	652 000
Financial Costs	1 259 000	736 000	1 512 000	861 000
Financial Balance	2 433 000	196 000	−385 000	−209 000
Earnings Before Tax	12 495 000	9 969 000	19 057 000	25 931 000
Tax	2 330 000	2 200 000	4 193 000	5 732 000
Net Income	10 165 000	7 770 000	14 864 000	20 198 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 094 000	5 633 000	6 110 000	2 991 000
Total Current Assets	32 230 000	22 183 000	24 826 000	30 742 000
Total Assets	38 323 000	27 816 000	30 937 000	33 733 000
Total Retained Equity	6 245 000	6 893 000	6 892 000	2 028 000
Total Equity	6 345 000	6 993 000	6 992 000	2 128 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	31 978 000	20 823 000	23 944 000	31 605 000
Total Equity and Debt	38 323 000	27 816 000	30 937 000	33 733 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	72 321 000	63 621 000	65 707 000	68 821 000
Other Income	0	0	0	0
Revenue	72 321 000	63 621 000	65 707 000	68 821 000
Cost of Goods Sold	10 166 000	9 255 000	12 170 000	10 022 000
Salary Costs	33 593 000	25 961 000	20 698 000	21 513 000
Depreciation	1 423 000	1 670 000	1 560 000	1 302 000
Impairment	0	1 023 000	0	0
Expenditure	62 259 000	53 848 000	46 265 000	42 681 000
Operating Profit	10 062 000	9 773 000	19 442 000	26 140 000
Financial Income	3 692 000	932 000	1 127 000	652 000
Financial Costs	1 259 000	736 000	1 512 000	861 000
Financial Balance	2 433 000	196 000	−385 000	−209 000
Dividends	7 160 000	7 769 000	10 000 000	20 198 000
Net Income	10 165 000	7 770 000	14 864 000	20 198 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 590 000	1 975 000	2 966 000	1 207 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 459 000	1 457 000	972 000	1 577 000
Total Tangible Assets	1 459 000	1 457 000	972 000	1 577 000
Total Fiancial Fixed Assets	45 000	2 202 000	2 173 000	208 000
Total Fixed Assets	6 094 000	5 633 000	6 110 000	2 991 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	19 679 000	14 807 000	18 619 000	25 274 000
Total Current Assets	32 230 000	22 183 000	24 826 000	30 742 000
Total Assets	38 323 000	27 816 000	30 937 000	33 733 000
Total Equity	6 345 000	6 993 000	6 992 000	2 128 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 675 000	1 950 000	2 783 000	1 524 000
Unpaid Taxes	2 083 000	1 676 000	1 333 000	1 386 000
Dividends	7 160 000	7 769 000	10 000 000	20 198 000
Other Current Debt	17 197 000	7 350 000	5 399 000	2 680 000
Total Current Debt	31 978 000	20 823 000	23 944 000	31 605 000
Total Equity and Debt	38 323 000	27 816 000	30 937 000	33 733 000

Financial indicators	2022	2021	2020	2019
Return on Equity	160,2 %	111,11 %	212,59 %	949,15 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,91 %	15,36 %	29,59 %	37,98 %
Current Ratio	1,01	1,07	1,04	0,97
Quick Ratio	1,01	1,07	1,04	0,97
Equity Ratio	0,17	0,25	0,23	0,06
Gross Profit Margin	85,94 %	85,45 %	81,48 %	85,44 %