HØIBRAATEN & SØNN AS

1474 LØRENSKOG

Finances

Share Ownership

Return on Equity

−12,38 %

Current Ratio

0,43

Debt-to-Equity Ratio

0,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 385 000	1 926 000	1 540 000	2 508 000
Net Income	−26 000	240 000	−246 000	−9 000
Total Assets	816 000	787 000	665 000	1 110 000
Total Equity	210 000	236 000	147 000	393 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 385 000	1 926 000	1 540 000	2 508 000
Expenditure	2 404 000	1 606 000	1 775 000	2 504 000
Operating Profit	−19 000	319 000	−235 000	3 000
Financial Income	0	0	0	0
Financial Costs	11 000	12 000	11 000	15 000
Financial Balance	−11 000	−12 000	−11 000	−15 000
Earnings Before Tax	−30 000	307 000	−246 000	−11 000
Tax	−5 000	68 000	0	−2 000
Net Income	−26 000	240 000	−246 000	−9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	613 000	457 000	484 000	567 000
Total Current Assets	203 000	330 000	181 000	543 000
Total Assets	816 000	787 000	665 000	1 110 000
Total Retained Equity	173 000	198 000	109 000	355 000
Total Equity	210 000	236 000	147 000	393 000
Total Long-Term Debt	139 000	229 000	265 000	332 000
Total Current Debt	467 000	322 000	253 000	385 000
Total Equity and Debt	816 000	787 000	665 000	1 110 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 385 000	1 906 000	1 473 000	2 508 000
Other Income	0	20 000	67 000	0
Revenue	2 385 000	1 926 000	1 540 000	2 508 000
Cost of Goods Sold	9 000	8 000	72 000	55 000
Salary Costs	1 140 000	636 000	922 000	1 388 000
Depreciation	17 000	22 000	23 000	137 000
Impairment	0	0	0	0
Expenditure	2 404 000	1 606 000	1 775 000	2 504 000
Operating Profit	−19 000	319 000	−235 000	3 000
Financial Income	0	0	0	0
Financial Costs	11 000	12 000	11 000	15 000
Financial Balance	−11 000	−12 000	−11 000	−15 000
Dividends	0	151 000	0	0
Net Income	−26 000	240 000	−246 000	−9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	18 000	18 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	53 000	69 000	91 000	435 000
Total Tangible Assets	53 000	69 000	91 000	435 000
Total Fiancial Fixed Assets	560 000	388 000	375 000	114 000
Total Fixed Assets	613 000	457 000	484 000	567 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	186 000	317 000	176 000	273 000
Total Current Assets	203 000	330 000	181 000	543 000
Total Assets	816 000	787 000	665 000	1 110 000
Total Equity	210 000	236 000	147 000	393 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	139 000	229 000	265 000	332 000
Creditors	139 000	21 000	−5 000	16 000
Unpaid Taxes	173 000	136 000	151 000	150 000
Dividends	0	151 000	0	0
Other Current Debt	155 000	166 000	107 000	219 000
Total Current Debt	467 000	322 000	253 000	385 000
Total Equity and Debt	816 000	787 000	665 000	1 110 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,38 %	101,69 %	−167,35 %	−2,29 %
Debt-to-Equity Ratio	0,66	0,97	1,8	0,84
Operating Profit Margin	−0,8 %	16,56 %	−15,26 %	0,12 %
Current Ratio	0,43	1,02	0,72	1,41
Quick Ratio	0,43	1,02	0,72	1,41
Equity Ratio	0,26	0,3	0,22	0,35
Gross Profit Margin	99,62 %	99,58 %	95,32 %	97,81 %