THE HUB AS

0160 OSLO

Finances

Share Ownership

Return on Equity

−43,22 %

Current Ratio

2,21

Debt-to-Equity Ratio

2,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 715 000	905 000	355 000	814 000
Net Income	−86 000	249 000	−198 000	−291 000
Total Assets	1 297 000	776 000	99 000	291 000
Total Equity	199 000	285 000	36 000	234 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 715 000	905 000	355 000	814 000
Expenditure	1 796 000	655 000	549 000	1 110 000
Operating Profit	−81 000	251 000	−194 000	−296 000
Financial Income	3 000	0	0	5 000
Financial Costs	14 000	3 000	6 000	0
Financial Balance	−11 000	−3 000	−6 000	5 000
Earnings Before Tax	−92 000	249 000	−199 000	−291 000
Tax	−6 000	0	−2 000	0
Net Income	−86 000	249 000	−198 000	−291 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 000	0	0	0
Total Current Assets	1 266 000	776 000	99 000	291 000
Total Assets	1 297 000	776 000	99 000	291 000
Total Retained Equity	−633 000	−799 000	−799 000	−601 000
Total Equity	199 000	285 000	36 000	234 000
Total Long-Term Debt	525 000	169 000	0	0
Total Current Debt	573 000	322 000	63 000	57 000
Total Equity and Debt	1 297 000	776 000	99 000	291 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 686 000	905 000	355 000	814 000
Other Income	29 000	0	0	0
Revenue	1 715 000	905 000	355 000	814 000
Cost of Goods Sold	0	0	0	0
Salary Costs	956 000	386 000	0	1 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 796 000	655 000	549 000	1 110 000
Operating Profit	−81 000	251 000	−194 000	−296 000
Financial Income	3 000	0	0	5 000
Financial Costs	14 000	3 000	6 000	0
Financial Balance	−11 000	−3 000	−6 000	5 000
Dividends	0	0	0	0
Net Income	−86 000	249 000	−198 000	−291 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	31 000	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	0	0	0	0
Total Fixed Assets	31 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	204 000	362 000	87 000	270 000
Total Current Assets	1 266 000	776 000	99 000	291 000
Total Assets	1 297 000	776 000	99 000	291 000
Total Equity	199 000	285 000	36 000	234 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	525 000	169 000	0	0
Creditors	48 000	4 000	34 000	28 000
Unpaid Taxes	288 000	76 000	0	0
Dividends	0	0	0	0
Other Current Debt	211 000	158 000	29 000	29 000
Total Current Debt	573 000	322 000	63 000	57 000
Total Equity and Debt	1 297 000	776 000	99 000	291 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−43,22 %	87,37 %	−550 %	−124,36 %
Debt-to-Equity Ratio	2,64	0,59	0	0
Operating Profit Margin	−4,72 %	27,73 %	−54,65 %	−36,36 %
Current Ratio	2,21	2,41	1,57	5,11
Quick Ratio	2,21	2,41	1,57	5,11
Equity Ratio	0,15	0,37	0,36	0,8
Gross Profit Margin	100 %	100 %	100 %	100 %