HOBBYKUNST NORGE AS

1065 OSLO

Finances

Share Ownership

Return on Equity

27,57 %

Current Ratio

2,96

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 206 000	3 782 000	3 517 000	2 131 000
Net Income	290 000	271 000	115 000	20 000
Total Assets	1 869 000	1 672 000	1 325 000	1 083 000
Total Equity	1 052 000	763 000	492 000	377 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 206 000	3 782 000	3 517 000	2 131 000
Expenditure	2 785 000	3 384 000	3 334 000	2 065 000
Operating Profit	422 000	398 000	183 000	66 000
Financial Income	3 000	5 000	4 000	1 000
Financial Costs	54 000	57 000	64 000	47 000
Financial Balance	−51 000	−52 000	−60 000	−46 000
Earnings Before Tax	370 000	346 000	123 000	20 000
Tax	81 000	75 000	8 000	0
Net Income	290 000	271 000	115 000	20 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	7 000
Total Current Assets	1 869 000	1 672 000	1 325 000	1 076 000
Total Assets	1 869 000	1 672 000	1 325 000	1 083 000
Total Retained Equity	1 022 000	733 000	462 000	347 000
Total Equity	1 052 000	763 000	492 000	377 000
Total Long-Term Debt	184 000	329 000	468 000	443 000
Total Current Debt	632 000	581 000	365 000	263 000
Total Equity and Debt	1 869 000	1 672 000	1 325 000	1 083 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 273 000	3 782 000	3 505 000	2 088 000
Other Income	−67 000	0	12 000	42 000
Revenue	3 206 000	3 782 000	3 517 000	2 131 000
Cost of Goods Sold	1 386 000	2 108 000	2 214 000	1 214 000
Salary Costs	522 000	289 000	166 000	164 000
Depreciation	0	0	7 000	20 000
Impairment	0	0	0	0
Expenditure	2 785 000	3 384 000	3 334 000	2 065 000
Operating Profit	422 000	398 000	183 000	66 000
Financial Income	3 000	5 000	4 000	1 000
Financial Costs	54 000	57 000	64 000	47 000
Financial Balance	−51 000	−52 000	−60 000	−46 000
Dividends	0	0	0	0
Net Income	290 000	271 000	115 000	20 000

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	0	0	7 000
Total Tangible Assets	0	0	0	7 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	7 000
Stock	1 397 000	1 200 000	831 000	960 000
Total Investments	0	0	0	0
Cash, Bank	401 000	347 000	400 000	109 000
Total Current Assets	1 869 000	1 672 000	1 325 000	1 076 000
Total Assets	1 869 000	1 672 000	1 325 000	1 083 000
Total Equity	1 052 000	763 000	492 000	377 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	184 000	329 000	468 000	443 000
Creditors	86 000	167 000	55 000	66 000
Unpaid Taxes	152 000	146 000	170 000	58 000
Dividends	0	0	0	0
Other Current Debt	313 000	193 000	133 000	139 000
Total Current Debt	632 000	581 000	365 000	263 000
Total Equity and Debt	1 869 000	1 672 000	1 325 000	1 083 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,57 %	35,52 %	23,37 %	5,31 %
Debt-to-Equity Ratio	0,17	0,43	0,95	1,18
Operating Profit Margin	13,16 %	10,52 %	5,2 %	3,1 %
Current Ratio	2,96	2,88	3,63	4,09
Quick Ratio	−2,44	−2,7	−2,84	−1,54
Equity Ratio	0,56	0,46	0,37	0,35
Gross Profit Margin	56,77 %	44,26 %	37,05 %	43,03 %