HØG DRIFT AS

7031 TRONDHEIM

Finances

Share Ownership

Return on Equity

22,2 %

Current Ratio

1,24

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 951 000	2 636 000	1 684 000	1 290 000
Net Income	103 000	188 000	76 000	365 000
Total Assets	1 279 000	1 479 000	1 146 000	916 000
Total Equity	464 000	549 000	556 000	779 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 951 000	2 636 000	1 684 000	1 290 000
Expenditure	4 827 000	2 398 000	1 593 000	721 000
Operating Profit	125 000	239 000	91 000	568 000
Financial Income	8 000	3 000	9 000	9 000
Financial Costs	2 000	1 000	2 000	109 000
Financial Balance	6 000	2 000	7 000	−100 000
Earnings Before Tax	132 000	241 000	98 000	469 000
Tax	29 000	53 000	22 000	103 000
Net Income	103 000	188 000	76 000	365 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	374 000	507 000	242 000	594 000
Total Current Assets	906 000	972 000	904 000	322 000
Total Assets	1 279 000	1 479 000	1 146 000	916 000
Total Retained Equity	64 000	7 000	14 000	238 000
Total Equity	464 000	549 000	556 000	779 000
Total Long-Term Debt	82 000	106 000	126 000	104 000
Total Current Debt	733 000	824 000	464 000	32 000
Total Equity and Debt	1 279 000	1 479 000	1 146 000	916 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 951 000	2 636 000	1 684 000	498 000
Other Income	0	0	0	792 000
Revenue	4 951 000	2 636 000	1 684 000	1 290 000
Cost of Goods Sold	1 900 000	870 000	436 000	0
Salary Costs	1 803 000	1 094 000	832 000	27 000
Depreciation	67 000	65 000	61 000	132 000
Impairment	0	0	0	0
Expenditure	4 827 000	2 398 000	1 593 000	721 000
Operating Profit	125 000	239 000	91 000	568 000
Financial Income	8 000	3 000	9 000	9 000
Financial Costs	2 000	1 000	2 000	109 000
Financial Balance	6 000	2 000	7 000	−100 000
Dividends	0	0	300 000	0
Net Income	103 000	188 000	76 000	365 000

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	18 000	23 000	0	0
Fixtures	122 000	183 000	244 000	305 000
Total Tangible Assets	140 000	206 000	244 000	305 000
Total Fiancial Fixed Assets	234 000	301 000	−2 000	289 000
Total Fixed Assets	374 000	507 000	242 000	594 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	376 000	233 000	335 000	287 000
Total Current Assets	906 000	972 000	904 000	322 000
Total Assets	1 279 000	1 479 000	1 146 000	916 000
Total Equity	464 000	549 000	556 000	779 000
Short-Term Group Debt	240 000	250 000	0	0
Total Long-Term Debt	82 000	106 000	126 000	104 000
Creditors	68 000	95 000	268 000	32 000
Unpaid Taxes	114 000	216 000	103 000	0
Dividends	0	0	300 000	0
Other Current Debt	311 000	245 000	93 000	0
Total Current Debt	733 000	824 000	464 000	32 000
Total Equity and Debt	1 279 000	1 479 000	1 146 000	916 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,2 %	34,24 %	13,67 %	46,85 %
Debt-to-Equity Ratio	0,18	0,19	0,23	0,13
Operating Profit Margin	2,52 %	9,07 %	5,4 %	44,03 %
Current Ratio	1,24	1,18	1,95	10,06
Quick Ratio	1,24	1,18	1,95	10,06
Equity Ratio	0,36	0,37	0,49	0,85
Gross Profit Margin	61,62 %	67 %	74,11 %	100 %