HUG BETONG AS

6010 ÅLESUND

Finances

Share Ownership

Return on Equity

−91,47 %

Current Ratio

1,27

Debt-to-Equity Ratio

13,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	44 336 000	32 998 000	21 919 000	2 167 000
Net Income	−515 000	761 000	591 000	140 000
Total Assets	14 791 000	9 546 000	8 694 000	4 777 000
Total Equity	563 000	1 079 000	318 000	156 000

Income (NOK)	2022	2021	2020	2019
Revenue	44 336 000	32 998 000	21 919 000	2 167 000
Expenditure	44 482 000	31 818 000	20 946 000	1 824 000
Operating Profit	−146 000	1 179 000	974 000	342 000
Financial Income	0	0	1 000	0
Financial Costs	451 000	203 000	199 000	165 000
Financial Balance	−451 000	−203 000	−198 000	−165 000
Earnings Before Tax	−597 000	976 000	775 000	177 000
Tax	−82 000	215 000	184 000	38 000
Net Income	−515 000	761 000	591 000	140 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 414 000	4 657 000	3 883 000	3 202 000
Total Current Assets	8 377 000	4 889 000	4 811 000	1 574 000
Total Assets	14 791 000	9 546 000	8 694 000	4 777 000
Total Retained Equity	540 000	1 055 000	294 000	133 000
Total Equity	563 000	1 079 000	318 000	156 000
Total Long-Term Debt	7 614 000	3 341 000	3 516 000	3 197 000
Total Current Debt	6 614 000	5 127 000	4 860 000	1 423 000
Total Equity and Debt	14 791 000	9 546 000	8 694 000	4 777 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 172 000	32 722 000	21 866 000	2 023 000
Other Income	2 164 000	276 000	53 000	144 000
Revenue	44 336 000	32 998 000	21 919 000	2 167 000
Cost of Goods Sold	22 804 000	16 187 000	11 362 000	1 172 000
Salary Costs	16 338 000	11 834 000	6 788 000	422 000
Depreciation	358 000	200 000	105 000	0
Impairment	0	0	0	0
Expenditure	44 482 000	31 818 000	20 946 000	1 824 000
Operating Profit	−146 000	1 179 000	974 000	342 000
Financial Income	0	0	1 000	0
Financial Costs	451 000	203 000	199 000	165 000
Financial Balance	−451 000	−203 000	−198 000	−165 000
Dividends	0	0	430 000	0
Net Income	−515 000	761 000	591 000	140 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	67 000	0	0	0
Real Eastate	0	3 277 000	3 212 000	3 202 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	920 000	1 114 000	492 000	0
Total Tangible Assets	920 000	4 391 000	3 704 000	3 202 000
Total Fiancial Fixed Assets	5 427 000	266 000	179 000	0
Total Fixed Assets	6 414 000	4 657 000	3 883 000	3 202 000
Stock	150 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 512 000	793 000	1 110 000	794 000
Total Current Assets	8 377 000	4 889 000	4 811 000	1 574 000
Total Assets	14 791 000	9 546 000	8 694 000	4 777 000
Total Equity	563 000	1 079 000	318 000	156 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 614 000	3 341 000	3 516 000	3 197 000
Creditors	3 683 000	2 164 000	1 997 000	774 000
Unpaid Taxes	1 312 000	1 407 000	1 424 000	274 000
Dividends	0	0	430 000	0
Other Current Debt	1 619 000	1 356 000	955 000	337 000
Total Current Debt	6 614 000	5 127 000	4 860 000	1 423 000
Total Equity and Debt	14 791 000	9 546 000	8 694 000	4 777 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−91,47 %	70,53 %	185,85 %	89,74 %
Debt-to-Equity Ratio	13,52	3,1	11,06	20,49
Operating Profit Margin	−0,33 %	3,57 %	4,44 %	15,78 %
Current Ratio	1,27	0,95	0,99	1,11
Quick Ratio	1,3	0,95	0,99	1,11
Equity Ratio	0,04	0,11	0,04	0,03
Gross Profit Margin	48,57 %	50,95 %	48,16 %	45,92 %