HUDDLESTOCK TECHNOLOGIES AS

0274 OSLO

Finances

Share Ownership

Return on Equity

−99,47 %

Current Ratio

0,17

Debt-to-Equity Ratio

5,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	206 000	0	0	508 000
Net Income	−5 230 000	−905 000	−479 000	−3 496 000
Total Assets	37 918 000	25 768 000	21 323 000	16 735 000
Total Equity	5 258 000	10 488 000	11 393 000	11 872 000

Income (NOK)	2022	2021	2020	2019
Revenue	206 000	0	0	508 000
Expenditure	5 269 000	818 000	469 000	3 973 000
Operating Profit	−5 062 000	−818 000	−470 000	−3 465 000
Financial Income	82 000	37 000	4 000	5 000
Financial Costs	250 000	124 000	14 000	35 000
Financial Balance	−168 000	−87 000	−10 000	−30 000
Earnings Before Tax	−5 230 000	−905 000	−479 000	−3 496 000
Tax	0	0	0	0
Net Income	−5 230 000	−905 000	−479 000	−3 496 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 034 000	24 615 000	19 941 000	16 024 000
Total Current Assets	884 000	1 153 000	1 383 000	711 000
Total Assets	37 918 000	25 768 000	21 323 000	16 735 000
Total Retained Equity	0	0	0	0
Total Equity	5 258 000	10 488 000	11 393 000	11 872 000
Total Long-Term Debt	27 442 000	14 616 000	9 604 000	4 633 000
Total Current Debt	5 218 000	664 000	327 000	230 000
Total Equity and Debt	37 918 000	25 768 000	21 323 000	16 735 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	206 000	0	0	0
Other Income	0	0	0	508 000
Revenue	206 000	0	0	508 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	6 000	1 522 000
Depreciation	1 882 000	0	0	0
Impairment	0	0	0	0
Expenditure	5 269 000	818 000	469 000	3 973 000
Operating Profit	−5 062 000	−818 000	−470 000	−3 465 000
Financial Income	82 000	37 000	4 000	5 000
Financial Costs	250 000	124 000	14 000	35 000
Financial Balance	−168 000	−87 000	−10 000	−30 000
Dividends	0	0	0	0
Net Income	−5 230 000	−905 000	−479 000	−3 496 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	35 753 000	23 333 000	19 308 000	15 789 000
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	1 282 000	1 282 000	632 000	235 000
Total Fixed Assets	37 034 000	24 615 000	19 941 000	16 024 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	177 000	91 000	545 000	96 000
Total Current Assets	884 000	1 153 000	1 383 000	711 000
Total Assets	37 918 000	25 768 000	21 323 000	16 735 000
Total Equity	5 258 000	10 488 000	11 393 000	11 872 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	27 442 000	14 616 000	9 604 000	4 633 000
Creditors	2 731 000	29 000	327 000	16 000
Unpaid Taxes	0	415 000	0	81 000
Dividends	0	0	0	0
Other Current Debt	2 487 000	220 000	0	132 000
Total Current Debt	5 218 000	664 000	327 000	230 000
Total Equity and Debt	37 918 000	25 768 000	21 323 000	16 735 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−99,47 %	−8,63 %	−4,2 %	−29,45 %
Debt-to-Equity Ratio	5,22	1,39	0,84	0,39
Operating Profit Margin	−2 457,28 %	-	-	−682,09 %
Current Ratio	0,17	1,74	4,23	3,09
Quick Ratio	0,17	1,74	4,23	3,09
Equity Ratio	0,14	0,41	0,53	0,71
Gross Profit Margin	100 %	-	-	100 %