HØILUND REGNSKAP AS

2003 LILLESTRØM

Finances

Share Ownership

Return on Equity

220,63 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 451 000	15 147 000	12 805 000	6 785 000
Net Income	1 059 000	782 000	679 000	−280 000
Total Assets	3 649 000	2 886 000	3 231 000	1 614 000
Total Equity	480 000	421 000	639 000	154 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 451 000	15 147 000	12 805 000	6 785 000
Expenditure	15 091 000	14 140 000	11 938 000	7 146 000
Operating Profit	1 361 000	1 008 000	868 000	−360 000
Financial Income	2 000	0	6 000	16 000
Financial Costs	0	1 000	0	0
Financial Balance	2 000	−1 000	6 000	16 000
Earnings Before Tax	1 363 000	1 007 000	874 000	−344 000
Tax	303 000	225 000	195 000	−64 000
Net Income	1 059 000	782 000	679 000	−280 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	207 000	247 000	100 000	43 000
Total Current Assets	3 442 000	2 639 000	3 132 000	1 571 000
Total Assets	3 649 000	2 886 000	3 231 000	1 614 000
Total Retained Equity	278 000	219 000	437 000	54 000
Total Equity	480 000	421 000	639 000	154 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 169 000	2 465 000	2 592 000	1 461 000
Total Equity and Debt	3 649 000	2 886 000	3 231 000	1 614 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 372 000	15 147 000	12 757 000	6 781 000
Other Income	80 000	0	48 000	4 000
Revenue	16 451 000	15 147 000	12 805 000	6 785 000
Cost of Goods Sold	1 582 000	1 525 000	1 350 000	1 331 000
Salary Costs	10 935 000	10 178 000	8 545 000	4 401 000
Depreciation	56 000	43 000	22 000	8 000
Impairment	0	0	0	0
Expenditure	15 091 000	14 140 000	11 938 000	7 146 000
Operating Profit	1 361 000	1 008 000	868 000	−360 000
Financial Income	2 000	0	6 000	16 000
Financial Costs	0	1 000	0	0
Financial Balance	2 000	−1 000	6 000	16 000
Dividends	1 000 000	1 000 000	700 000	0
Net Income	1 059 000	782 000	679 000	−280 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	34 000	42 000	18 000	35 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	173 000	206 000	81 000	9 000
Total Tangible Assets	173 000	206 000	81 000	9 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	207 000	247 000	100 000	43 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 159 000	719 000	955 000	452 000
Total Current Assets	3 442 000	2 639 000	3 132 000	1 571 000
Total Assets	3 649 000	2 886 000	3 231 000	1 614 000
Total Equity	480 000	421 000	639 000	154 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	292 000	371 000	87 000	187 000
Unpaid Taxes	1 392 000	739 000	1 118 000	588 000
Dividends	1 000 000	1 000 000	700 000	0
Other Current Debt	1 190 000	1 107 000	923 000	686 000
Total Current Debt	3 169 000	2 465 000	2 592 000	1 461 000
Total Equity and Debt	3 649 000	2 886 000	3 231 000	1 614 000

Financial indicators	2022	2021	2020	2019
Return on Equity	220,63 %	185,75 %	106,26 %	−181,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,27 %	6,65 %	6,78 %	−5,31 %
Current Ratio	1,09	1,07	1,21	1,08
Quick Ratio	1,09	1,07	1,21	1,08
Equity Ratio	0,13	0,15	0,2	0,1
Gross Profit Margin	90,38 %	89,93 %	89,46 %	80,38 %