HUSTADVIKA SKOGRYDDING AS

6494 VEVANG

Finances

Share Ownership

Return on Equity

10 %

Current Ratio

1,45

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 054 000	2 667 000	2 044 000	616 000
Net Income	43 000	215 000	186 000	−45 000
Total Assets	938 000	888 000	655 000	315 000
Total Equity	430 000	387 000	172 000	−15 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 054 000	2 667 000	2 044 000	616 000
Expenditure	3 003 000	2 395 000	1 806 000	674 000
Operating Profit	51 000	273 000	238 000	−58 000
Financial Income	5 000	4 000	2 000	0
Financial Costs	0	1 000	1 000	0
Financial Balance	5 000	3 000	1 000	0
Earnings Before Tax	55 000	276 000	239 000	−57 000
Tax	12 000	61 000	52 000	−13 000
Net Income	43 000	215 000	186 000	−45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	209 000	197 000	107 000	46 000
Total Current Assets	729 000	690 000	549 000	269 000
Total Assets	938 000	888 000	655 000	315 000
Total Retained Equity	400 000	357 000	142 000	−45 000
Total Equity	430 000	387 000	172 000	−15 000
Total Long-Term Debt	6 000	8 000	4 000	0
Total Current Debt	502 000	493 000	479 000	329 000
Total Equity and Debt	938 000	888 000	655 000	315 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 757 000	2 250 000	1 895 000	616 000
Other Income	297 000	417 000	150 000	0
Revenue	3 054 000	2 667 000	2 044 000	616 000
Cost of Goods Sold	18 000	0	0	17 000
Salary Costs	2 600 000	2 073 000	1 624 000	535 000
Depreciation	57 000	22 000	11 000	2 000
Impairment	0	0	0	0
Expenditure	3 003 000	2 395 000	1 806 000	674 000
Operating Profit	51 000	273 000	238 000	−58 000
Financial Income	5 000	4 000	2 000	0
Financial Costs	0	1 000	1 000	0
Financial Balance	5 000	3 000	1 000	0
Dividends	0	0	0	0
Net Income	43 000	215 000	186 000	−45 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	13 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	64 000	72 000	81 000	0
Fixtures	146 000	125 000	26 000	33 000
Total Tangible Assets	209 000	197 000	107 000	33 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	209 000	197 000	107 000	46 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	529 000	459 000	345 000	269 000
Total Current Assets	729 000	690 000	549 000	269 000
Total Assets	938 000	888 000	655 000	315 000
Total Equity	430 000	387 000	172 000	−15 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 000	8 000	4 000	0
Creditors	42 000	21 000	11 000	0
Unpaid Taxes	199 000	221 000	168 000	182 000
Dividends	0	0	0	0
Other Current Debt	247 000	194 000	266 000	148 000
Total Current Debt	502 000	493 000	479 000	329 000
Total Equity and Debt	938 000	888 000	655 000	315 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10 %	55,56 %	108,14 %	300 %
Debt-to-Equity Ratio	0,01	0,02	0,02	−0
Operating Profit Margin	1,67 %	10,24 %	11,64 %	−9,42 %
Current Ratio	1,45	1,4	1,15	0,82
Quick Ratio	1,45	1,4	1,15	0,82
Equity Ratio	0,46	0,44	0,26	−0,05
Gross Profit Margin	99,41 %	100 %	100 %	97,24 %