NORDIC BRAND HUB AS

1481 HAGAN

Finances

Return on Equity

23,57 %

Current Ratio

2,55

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 733 000	42 900 000	21 346 000	10 310 000
Net Income	3 291 000	6 871 000	1 980 000	−321 000
Total Assets	25 562 000	18 196 000	15 479 000	10 204 000
Total Equity	13 960 000	10 669 000	3 799 000	1 819 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 733 000	42 900 000	21 346 000	10 310 000
Expenditure	24 783 000	33 888 000	18 624 000	10 053 000
Operating Profit	4 949 000	9 011 000	2 722 000	258 000
Financial Income	151 000	387 000	215 000	37 000
Financial Costs	882 000	590 000	483 000	593 000
Financial Balance	−731 000	−203 000	−268 000	−556 000
Earnings Before Tax	4 219 000	8 808 000	2 453 000	−298 000
Tax	927 000	1 938 000	473 000	23 000
Net Income	3 291 000	6 871 000	1 980 000	−321 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	892 000	130 000	0	2 869 000
Total Current Assets	24 670 000	18 066 000	15 479 000	7 336 000
Total Assets	25 562 000	18 196 000	15 479 000	10 204 000
Total Retained Equity	11 898 000	8 607 000	1 736 000	−244 000
Total Equity	13 960 000	10 669 000	3 799 000	1 819 000
Total Long-Term Debt	1 942 000	187 000	210 000	2 663 000
Total Current Debt	9 659 000	7 341 000	11 470 000	5 723 000
Total Equity and Debt	25 562 000	18 196 000	15 479 000	10 204 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 527 000	41 526 000	20 258 000	9 313 000
Other Income	2 206 000	1 374 000	1 088 000	998 000
Revenue	29 733 000	42 900 000	21 346 000	10 310 000
Cost of Goods Sold	18 764 000	28 832 000	15 462 000	7 135 000
Salary Costs	3 060 000	2 098 000	1 445 000	1 665 000
Depreciation	45 000	20 000	10 000	61 000
Impairment	0	0	0	0
Expenditure	24 783 000	33 888 000	18 624 000	10 053 000
Operating Profit	4 949 000	9 011 000	2 722 000	258 000
Financial Income	151 000	387 000	215 000	37 000
Financial Costs	882 000	590 000	483 000	593 000
Financial Balance	−731 000	−203 000	−268 000	−556 000
Dividends	0	0	0	0
Net Income	3 291 000	6 871 000	1 980 000	−321 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	2 869 000
Machinery and Plant Facilities	112 000	0	0	0
Fixtures	120 000	130 000	0	0
Total Tangible Assets	232 000	130 000	0	2 869 000
Total Fiancial Fixed Assets	660 000	0	0	0
Total Fixed Assets	892 000	130 000	0	2 869 000
Stock	14 267 000	9 882 000	6 413 000	4 524 000
Total Investments	0	0	0	0
Cash, Bank	264 000	619 000	291 000	170 000
Total Current Assets	24 670 000	18 066 000	15 479 000	7 336 000
Total Assets	25 562 000	18 196 000	15 479 000	10 204 000
Total Equity	13 960 000	10 669 000	3 799 000	1 819 000
Short-Term Group Debt	808 000	0	0	0
Total Long-Term Debt	1 942 000	187 000	210 000	2 663 000
Creditors	2 829 000	448 000	5 885 000	289 000
Unpaid Taxes	1 891 000	1 616 000	1 586 000	505 000
Dividends	0	0	0	0
Other Current Debt	390 000	1 315 000	1 133 000	1 665 000
Total Current Debt	9 659 000	7 341 000	11 470 000	5 723 000
Total Equity and Debt	25 562 000	18 196 000	15 479 000	10 204 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,57 %	64,4 %	52,12 %	−17,65 %
Debt-to-Equity Ratio	0,14	0,02	0,06	1,46
Operating Profit Margin	16,64 %	21 %	12,75 %	2,5 %
Current Ratio	2,55	2,46	1,35	1,28
Quick Ratio	−5,35	−7,11	3,06	6,12
Equity Ratio	0,55	0,59	0,25	0,18
Gross Profit Margin	36,89 %	32,79 %	27,56 %	30,8 %