HEDGEHOG AS

3560 HEMSEDAL

Finances

Share Ownership

Return on Equity

−31,98 %

Current Ratio

1,43

Debt-to-Equity Ratio

−5,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 532 000	8 719 000	0	600 000
Net Income	275 000	797 000	−1 768 000	−194 000
Total Assets	9 822 000	6 508 000	1 992 000	535 000
Total Equity	−860 000	−1 136 000	−1 932 000	−164 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 532 000	8 719 000	0	600 000
Expenditure	7 128 000	10 306 000	1 768 000	795 000
Operating Profit	403 000	945 000	−1 768 000	−194 000
Financial Income	73 000	1 000	0	0
Financial Costs	201 000	149 000	0	0
Financial Balance	−128 000	−148 000	0	0
Earnings Before Tax	275 000	797 000	−1 768 000	−194 000
Tax	0	0	0	0
Net Income	275 000	797 000	−1 768 000	−194 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 288 000	0	604 000	0
Total Current Assets	8 534 000	6 508 000	1 388 000	535 000
Total Assets	9 822 000	6 508 000	1 992 000	535 000
Total Retained Equity	−890 000	−1 166 000	−1 962 000	−194 000
Total Equity	−860 000	−1 136 000	−1 932 000	−164 000
Total Long-Term Debt	4 720 000	4 720 000	3 720 000	600 000
Total Current Debt	5 963 000	2 924 000	204 000	99 000
Total Equity and Debt	9 822 000	6 508 000	1 992 000	535 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 532 000	8 719 000	0	0
Other Income	0	0	0	600 000
Revenue	7 532 000	8 719 000	0	600 000
Cost of Goods Sold	4 038 000	6 816 000	482 000	474 000
Salary Costs	1 159 000	773 000	1 149 000	311 000
Depreciation	42 000	0	0	0
Impairment	0	0	0	0
Expenditure	7 128 000	10 306 000	1 768 000	795 000
Operating Profit	403 000	945 000	−1 768 000	−194 000
Financial Income	73 000	1 000	0	0
Financial Costs	201 000	149 000	0	0
Financial Balance	−128 000	−148 000	0	0
Dividends	0	0	0	0
Net Income	275 000	797 000	−1 768 000	−194 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 227 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	61 000	0	604 000	0
Total Fixed Assets	1 288 000	0	604 000	0
Stock	4 843 000	2 533 000	0	0
Total Investments	0	0	0	0
Cash, Bank	794 000	3 967 000	1 388 000	235 000
Total Current Assets	8 534 000	6 508 000	1 388 000	535 000
Total Assets	9 822 000	6 508 000	1 992 000	535 000
Total Equity	−860 000	−1 136 000	−1 932 000	−164 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 720 000	4 720 000	3 720 000	600 000
Creditors	162 000	0	18 000	24 000
Unpaid Taxes	800 000	2 205 000	84 000	50 000
Dividends	0	0	0	0
Other Current Debt	1 354 000	81 000	102 000	26 000
Total Current Debt	5 963 000	2 924 000	204 000	99 000
Total Equity and Debt	9 822 000	6 508 000	1 992 000	535 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−31,98 %	−70,16 %	91,51 %	118,29 %
Debt-to-Equity Ratio	−5,49	−4,15	−1,93	−3,66
Operating Profit Margin	5,35 %	10,84 %	-	−32,33 %
Current Ratio	1,43	2,23	6,8	5,4
Quick Ratio	7,62	16,64	6,8	5,4
Equity Ratio	−0,09	−0,17	−0,97	−0,31
Gross Profit Margin	46,39 %	21,83 %	-	21 %