HØGRI AS

1890 RAKKESTAD

Finances

Share Ownership

Return on Equity

−169,57 %

Current Ratio

2,47

Debt-to-Equity Ratio

6,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 220 000	7 279 000	4 561 000	2 225 000
Net Income	−663 000	322 000	558 000	−124 000
Total Assets	4 661 000	4 959 000	3 617 000	1 617 000
Total Equity	391 000	1 054 000	732 000	174 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 220 000	7 279 000	4 561 000	2 225 000
Expenditure	6 947 000	6 792 000	3 861 000	2 206 000
Operating Profit	−727 000	488 000	700 000	19 000
Financial Income	205 000	0	1 000	8 000
Financial Costs	147 000	74 000	93 000	88 000
Financial Balance	58 000	−74 000	−92 000	−80 000
Earnings Before Tax	−669 000	413 000	608 000	−61 000
Tax	−5 000	91 000	50 000	64 000
Net Income	−663 000	322 000	558 000	−124 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	167 000	457 000	453 000	221 000
Total Current Assets	4 494 000	4 502 000	3 164 000	1 396 000
Total Assets	4 661 000	4 959 000	3 617 000	1 617 000
Total Retained Equity	−9 000	654 000	332 000	−226 000
Total Equity	391 000	1 054 000	732 000	174 000
Total Long-Term Debt	2 451 000	1 509 000	1 153 000	617 000
Total Current Debt	1 819 000	2 395 000	1 732 000	826 000
Total Equity and Debt	4 661 000	4 959 000	3 617 000	1 617 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 220 000	7 246 000	4 556 000	2 225 000
Other Income	0	33 000	5 000	0
Revenue	6 220 000	7 279 000	4 561 000	2 225 000
Cost of Goods Sold	4 072 000	4 248 000	2 485 000	1 322 000
Salary Costs	1 613 000	1 457 000	609 000	522 000
Depreciation	73 000	70 000	27 000	0
Impairment	0	0	0	0
Expenditure	6 947 000	6 792 000	3 861 000	2 206 000
Operating Profit	−727 000	488 000	700 000	19 000
Financial Income	205 000	0	1 000	8 000
Financial Costs	147 000	74 000	93 000	88 000
Financial Balance	58 000	−74 000	−92 000	−80 000
Dividends	0	0	0	0
Net Income	−663 000	322 000	558 000	−124 000

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	0	0	0	0
Fixtures	167 000	240 000	270 000	0
Total Tangible Assets	167 000	240 000	270 000	0
Total Fiancial Fixed Assets	0	217 000	183 000	221 000
Total Fixed Assets	167 000	457 000	453 000	221 000
Stock	4 239 000	3 345 000	2 161 000	1 329 000
Total Investments	0	0	0	0
Cash, Bank	213 000	672 000	917 000	9 000
Total Current Assets	4 494 000	4 502 000	3 164 000	1 396 000
Total Assets	4 661 000	4 959 000	3 617 000	1 617 000
Total Equity	391 000	1 054 000	732 000	174 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 451 000	1 509 000	1 153 000	617 000
Creditors	646 000	442 000	204 000	265 000
Unpaid Taxes	286 000	384 000	142 000	79 000
Dividends	0	0	0	0
Other Current Debt	690 000	1 475 000	1 345 000	333 000
Total Current Debt	1 819 000	2 395 000	1 732 000	826 000
Total Equity and Debt	4 661 000	4 959 000	3 617 000	1 617 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−169,57 %	30,55 %	76,23 %	−71,26 %
Debt-to-Equity Ratio	6,27	1,43	1,58	3,55
Operating Profit Margin	−11,69 %	6,7 %	15,35 %	0,85 %
Current Ratio	2,47	1,88	1,83	1,69
Quick Ratio	−1,86	−4,74	−7,38	−2,78
Equity Ratio	0,08	0,21	0,2	0,11
Gross Profit Margin	34,53 %	41,64 %	45,52 %	40,58 %