REIN HYGGE AS

2910 AURDAL

Finances

Share Ownership

Return on Equity

−441,86 %

Current Ratio

0,51

Debt-to-Equity Ratio

−0,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 553 000	3 065 000	2 839 000	1 041 000
Net Income	190 000	−155 000	−109 000	1 000
Total Assets	411 000	436 000	473 000	341 000
Total Equity	−43 000	−233 000	−78 000	31 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 553 000	3 065 000	2 839 000	1 041 000
Expenditure	3 358 000	3 211 000	2 937 000	1 033 000
Operating Profit	195 000	−147 000	−98 000	8 000
Financial Income	0	0	0	0
Financial Costs	5 000	8 000	11 000	7 000
Financial Balance	−5 000	−8 000	−11 000	−7 000
Earnings Before Tax	190 000	−155 000	−109 000	1 000
Tax	0	0	0	0
Net Income	190 000	−155 000	−109 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	193 000	234 000	145 000	0
Total Current Assets	217 000	201 000	329 000	341 000
Total Assets	411 000	436 000	473 000	341 000
Total Retained Equity	−73 000	−263 000	−108 000	1 000
Total Equity	−43 000	−233 000	−78 000	31 000
Total Long-Term Debt	26 000	77 000	126 000	0
Total Current Debt	427 000	591 000	425 000	310 000
Total Equity and Debt	411 000	436 000	473 000	341 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 475 000	2 851 000	2 749 000	1 006 000
Other Income	78 000	213 000	91 000	35 000
Revenue	3 553 000	3 065 000	2 839 000	1 041 000
Cost of Goods Sold	913 000	953 000	915 000	331 000
Salary Costs	1 714 000	1 324 000	1 230 000	433 000
Depreciation	41 000	25 000	9 000	0
Impairment	0	0	0	0
Expenditure	3 358 000	3 211 000	2 937 000	1 033 000
Operating Profit	195 000	−147 000	−98 000	8 000
Financial Income	0	0	0	0
Financial Costs	5 000	8 000	11 000	7 000
Financial Balance	−5 000	−8 000	−11 000	−7 000
Dividends	0	0	0	0
Net Income	190 000	−155 000	−109 000	1 000

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	38 000	48 000	0	0
Fixtures	155 000	186 000	145 000	0
Total Tangible Assets	193 000	234 000	145 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	193 000	234 000	145 000	0
Stock	112 000	118 000	135 000	122 000
Total Investments	0	0	0	0
Cash, Bank	72 000	51 000	150 000	185 000
Total Current Assets	217 000	201 000	329 000	341 000
Total Assets	411 000	436 000	473 000	341 000
Total Equity	−43 000	−233 000	−78 000	31 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	26 000	77 000	126 000	0
Creditors	59 000	130 000	154 000	156 000
Unpaid Taxes	126 000	140 000	135 000	70 000
Dividends	0	0	0	0
Other Current Debt	241 000	321 000	136 000	84 000
Total Current Debt	427 000	591 000	425 000	310 000
Total Equity and Debt	411 000	436 000	473 000	341 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−441,86 %	66,52 %	139,74 %	3,23 %
Debt-to-Equity Ratio	−0,6	−0,33	−1,62	0
Operating Profit Margin	5,49 %	−4,8 %	−3,45 %	0,77 %
Current Ratio	0,51	0,34	0,77	1,1
Quick Ratio	0,69	0,42	1,13	1,81
Equity Ratio	−0,1	−0,53	−0,16	0,09
Gross Profit Margin	74,3 %	68,91 %	67,77 %	68,2 %