HUBSTER & X AS

0166 OSLO

Finances

Return on Equity

86,76 %

Current Ratio

1,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 002 000	3 004 000	1 682 000	1 581 000
Net Income	308 000	436 000	411 000	379 000
Total Assets	2 018 000	1 812 000	955 000	1 166 000
Total Equity	355 000	608 000	171 000	89 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 002 000	3 004 000	1 682 000	1 581 000
Expenditure	3 601 000	2 441 000	1 156 000	1 100 000
Operating Profit	403 000	562 000	526 000	481 000
Financial Income	6 000	2 000	0	6 000
Financial Costs	13 000	5 000	0	1 000
Financial Balance	−7 000	−3 000	0	5 000
Earnings Before Tax	396 000	559 000	526 000	486 000
Tax	88 000	123 000	115 000	107 000
Net Income	308 000	436 000	411 000	379 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	50 000	50 000	50 000
Total Current Assets	1 968 000	1 762 000	905 000	1 116 000
Total Assets	2 018 000	1 812 000	955 000	1 166 000
Total Retained Equity	325 000	578 000	141 000	59 000
Total Equity	355 000	608 000	171 000	89 000
Total Long-Term Debt	0	0	0	28 000
Total Current Debt	1 663 000	1 205 000	784 000	1 049 000
Total Equity and Debt	2 018 000	1 812 000	955 000	1 166 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 995 000	3 004 000	1 682 000	1 581 000
Other Income	8 000	0	0	0
Revenue	4 002 000	3 004 000	1 682 000	1 581 000
Cost of Goods Sold	1 609 000	751 000	0	0
Salary Costs	1 516 000	1 284 000	1 001 000	1 000 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 601 000	2 441 000	1 156 000	1 100 000
Operating Profit	403 000	562 000	526 000	481 000
Financial Income	6 000	2 000	0	6 000
Financial Costs	13 000	5 000	0	1 000
Financial Balance	−7 000	−3 000	0	5 000
Dividends	0	0	329 000	320 000
Net Income	308 000	436 000	411 000	379 000

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	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	50 000	50 000	50 000	50 000
Total Fixed Assets	50 000	50 000	50 000	50 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 371 000	1 244 000	758 000	963 000
Total Current Assets	1 968 000	1 762 000	905 000	1 116 000
Total Assets	2 018 000	1 812 000	955 000	1 166 000
Total Equity	355 000	608 000	171 000	89 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	28 000
Creditors	323 000	138 000	24 000	13 000
Unpaid Taxes	188 000	221 000	170 000	189 000
Dividends	0	0	329 000	320 000
Other Current Debt	1 063 000	722 000	472 000	420 000
Total Current Debt	1 663 000	1 205 000	784 000	1 049 000
Total Equity and Debt	2 018 000	1 812 000	955 000	1 166 000

Financial indicators	2022	2021	2020	2019
Return on Equity	86,76 %	71,71 %	240,35 %	425,84 %
Debt-to-Equity Ratio	0	0	0	0,31
Operating Profit Margin	10,07 %	18,71 %	31,27 %	30,42 %
Current Ratio	1,18	1,46	1,15	1,06
Quick Ratio	1,18	1,46	1,15	1,06
Equity Ratio	0,18	0,34	0,18	0,08
Gross Profit Margin	59,8 %	75 %	100 %	100 %