TECH HUB AS

1673 KRÅKERØY

Finances

Share Ownership

Return on Equity

31,76 %

Current Ratio

1,66

Debt-to-Equity Ratio

2,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 976 000	2 895 000	2 252 000	1 931 000
Net Income	47 000	67 000	3 000	−2 000
Total Assets	1 208 000	1 147 000	788 000	246 000
Total Equity	148 000	101 000	34 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 976 000	2 895 000	2 252 000	1 931 000
Expenditure	2 900 000	2 793 000	2 246 000	1 894 000
Operating Profit	77 000	103 000	5 000	13 000
Financial Income	0	0	0	0
Financial Costs	16 000	13 000	0	12 000
Financial Balance	−16 000	−13 000	0	−12 000
Earnings Before Tax	60 000	90 000	5 000	1 000
Tax	14 000	22 000	2 000	3 000
Net Income	47 000	67 000	3 000	−2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 000	2 000	0	61 000
Total Current Assets	1 206 000	1 145 000	788 000	185 000
Total Assets	1 208 000	1 147 000	788 000	246 000
Total Retained Equity	118 000	71 000	4 000	0
Total Equity	148 000	101 000	34 000	30 000
Total Long-Term Debt	335 000	407 000	0	0
Total Current Debt	726 000	639 000	755 000	216 000
Total Equity and Debt	1 208 000	1 147 000	788 000	246 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 942 000	2 895 000	2 070 000	1 931 000
Other Income	35 000	0	182 000	0
Revenue	2 976 000	2 895 000	2 252 000	1 931 000
Cost of Goods Sold	0	8 000	20 000	330 000
Salary Costs	2 131 000	2 106 000	1 826 000	1 194 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 900 000	2 793 000	2 246 000	1 894 000
Operating Profit	77 000	103 000	5 000	13 000
Financial Income	0	0	0	0
Financial Costs	16 000	13 000	0	12 000
Financial Balance	−16 000	−13 000	0	−12 000
Dividends	0	0	0	0
Net Income	47 000	67 000	3 000	−2 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	2 000	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	61 000
Total Fixed Assets	2 000	2 000	0	61 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	310 000	144 000	388 000	92 000
Total Current Assets	1 206 000	1 145 000	788 000	185 000
Total Assets	1 208 000	1 147 000	788 000	246 000
Total Equity	148 000	101 000	34 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	335 000	407 000	0	0
Creditors	272 000	119 000	23 000	47 000
Unpaid Taxes	235 000	250 000	317 000	180 000
Dividends	0	0	0	0
Other Current Debt	213 000	247 000	413 000	−15 000
Total Current Debt	726 000	639 000	755 000	216 000
Total Equity and Debt	1 208 000	1 147 000	788 000	246 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,76 %	66,34 %	8,82 %	−6,67 %
Debt-to-Equity Ratio	2,26	4,03	0	0
Operating Profit Margin	2,59 %	3,56 %	0,22 %	0,67 %
Current Ratio	1,66	1,79	1,04	0,86
Quick Ratio	1,66	1,79	1,04	0,86
Equity Ratio	0,12	0,09	0,04	0,12
Gross Profit Margin	100 %	99,72 %	99,11 %	82,91 %