HURRA AS

4023 STAVANGER

Finances

Share Ownership

Return on Equity

36,3 %

Current Ratio

1,96

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 598 000	4 817 000	7 159 000	3 280 000
Net Income	355 000	231 000	111 000	131 000
Total Assets	2 217 000	2 580 000	1 579 000	849 000
Total Equity	978 000	624 000	393 000	282 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 598 000	4 817 000	7 159 000	3 280 000
Expenditure	8 071 000	4 529 000	7 013 000	3 111 000
Operating Profit	527 000	288 000	145 000	170 000
Financial Income	40 000	10 000	1 000	0
Financial Costs	19 000	2 000	5 000	2 000
Financial Balance	21 000	8 000	−4 000	−2 000
Earnings Before Tax	549 000	296 000	142 000	168 000
Tax	194 000	65 000	31 000	37 000
Net Income	355 000	231 000	111 000	131 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 217 000	2 580 000	1 579 000	849 000
Total Assets	2 217 000	2 580 000	1 579 000	849 000
Total Retained Equity	948 000	594 000	369 000	258 000
Total Equity	978 000	624 000	393 000	282 000
Total Long-Term Debt	105 000	105 000	105 000	530 000
Total Current Debt	1 134 000	1 851 000	1 081 000	37 000
Total Equity and Debt	2 217 000	2 580 000	1 579 000	849 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 573 000	4 817 000	7 159 000	3 280 000
Other Income	25 000	0	0	0
Revenue	8 598 000	4 817 000	7 159 000	3 280 000
Cost of Goods Sold	5 594 000	1 543 000	5 152 000	2 327 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	8 071 000	4 529 000	7 013 000	3 111 000
Operating Profit	527 000	288 000	145 000	170 000
Financial Income	40 000	10 000	1 000	0
Financial Costs	19 000	2 000	5 000	2 000
Financial Balance	21 000	8 000	−4 000	−2 000
Dividends	0	0	0	0
Net Income	355 000	231 000	111 000	131 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	712 000	939 000	1 100 000	664 000
Total Investments	0	0	0	0
Cash, Bank	768 000	1 461 000	225 000	109 000
Total Current Assets	2 217 000	2 580 000	1 579 000	849 000
Total Assets	2 217 000	2 580 000	1 579 000	849 000
Total Equity	978 000	624 000	393 000	282 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	105 000	105 000	105 000	530 000
Creditors	870 000	1 770 000	1 050 000	0
Unpaid Taxes	69 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	16 000	0	0
Total Current Debt	1 134 000	1 851 000	1 081 000	37 000
Total Equity and Debt	2 217 000	2 580 000	1 579 000	849 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,3 %	37,02 %	28,24 %	46,45 %
Debt-to-Equity Ratio	0,11	0,17	0,27	1,88
Operating Profit Margin	6,13 %	5,98 %	2,03 %	5,18 %
Current Ratio	1,96	1,39	1,46	22,95
Quick Ratio	5,25	2,83	−83,11	−1,35
Equity Ratio	0,44	0,24	0,25	0,33
Gross Profit Margin	34,94 %	67,97 %	28,03 %	29,05 %