CUT AS

1389 HEGGEDAL

Finances

Share Ownership

Return on Equity

−1 187,1 %

Current Ratio

0,92

Debt-to-Equity Ratio

1,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 382 000	6 164 000	5 185 000	5 407 000
Net Income	−368 000	181 000	−138 000	−82 000
Total Assets	1 462 000	1 609 000	1 432 000	1 181 000
Total Equity	31 000	447 000	265 000	404 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 382 000	6 164 000	5 185 000	5 407 000
Expenditure	6 742 000	5 963 000	5 325 000	5 480 000
Operating Profit	−360 000	202 000	−141 000	−73 000
Financial Income	3 000	1 000	1 000	2 000
Financial Costs	11 000	11 000	8 000	11 000
Financial Balance	−8 000	−10 000	−7 000	−9 000
Earnings Before Tax	−368 000	191 000	−148 000	−83 000
Tax	0	10 000	−10 000	−1 000
Net Income	−368 000	181 000	−138 000	−82 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	195 000	212 000	69 000	94 000
Total Current Assets	1 267 000	1 397 000	1 364 000	1 087 000
Total Assets	1 462 000	1 609 000	1 432 000	1 181 000
Total Retained Equity	1 000	417 000	235 000	374 000
Total Equity	31 000	447 000	265 000	404 000
Total Long-Term Debt	60 000	180 000	300 000	0
Total Current Debt	1 371 000	982 000	867 000	778 000
Total Equity and Debt	1 462 000	1 609 000	1 432 000	1 181 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 382 000	6 182 000	5 090 000	5 407 000
Other Income	0	−17 000	95 000	0
Revenue	6 382 000	6 164 000	5 185 000	5 407 000
Cost of Goods Sold	829 000	816 000	867 000	682 000
Salary Costs	4 898 000	4 175 000	3 535 000	3 732 000
Depreciation	10 000	9 000	9 000	9 000
Impairment	0	0	0	0
Expenditure	6 742 000	5 963 000	5 325 000	5 480 000
Operating Profit	−360 000	202 000	−141 000	−73 000
Financial Income	3 000	1 000	1 000	2 000
Financial Costs	11 000	11 000	8 000	11 000
Financial Balance	−8 000	−10 000	−7 000	−9 000
Dividends	48 000	0	0	0
Net Income	−368 000	181 000	−138 000	−82 000

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	0	10 000	19 000	28 000
Total Tangible Assets	0	10 000	19 000	28 000
Total Fiancial Fixed Assets	195 000	202 000	50 000	66 000
Total Fixed Assets	195 000	212 000	69 000	94 000
Stock	117 000	70 000	64 000	180 000
Total Investments	0	0	0	0
Cash, Bank	1 032 000	1 294 000	1 233 000	867 000
Total Current Assets	1 267 000	1 397 000	1 364 000	1 087 000
Total Assets	1 462 000	1 609 000	1 432 000	1 181 000
Total Equity	31 000	447 000	265 000	404 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	60 000	180 000	300 000	0
Creditors	67 000	111 000	92 000	41 000
Unpaid Taxes	482 000	412 000	376 000	337 000
Dividends	48 000	0	0	0
Other Current Debt	822 000	449 000	399 000	400 000
Total Current Debt	1 371 000	982 000	867 000	778 000
Total Equity and Debt	1 462 000	1 609 000	1 432 000	1 181 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 187,1 %	40,49 %	−52,08 %	−20,3 %
Debt-to-Equity Ratio	1,94	0,4	1,13	0
Operating Profit Margin	−5,64 %	3,28 %	−2,72 %	−1,35 %
Current Ratio	0,92	1,42	1,57	1,4
Quick Ratio	1,01	1,53	1,7	1,82
Equity Ratio	0,02	0,28	0,19	0,34
Gross Profit Margin	87,01 %	86,76 %	83,28 %	87,39 %