HYGGE STORHAMAR AS

2815 GJØVIK

Finances

Share Ownership

Return on Equity

−124,53 %

Current Ratio

0,76

Debt-to-Equity Ratio

1,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 772 000	2 948 000	3 184 000	1 206 000
Net Income	−401 000	−135 000	331 000	77 000
Total Assets	1 688 000	2 049 000	920 000	468 000
Total Equity	322 000	548 000	438 000	107 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 772 000	2 948 000	3 184 000	1 206 000
Expenditure	3 204 000	3 101 000	2 754 000	1 105 000
Operating Profit	−432 000	−158 000	434 000	100 000
Financial Income	0	1 000	3 000	0
Financial Costs	45 000	20 000	9 000	1 000
Financial Balance	−45 000	−19 000	−6 000	−1 000
Earnings Before Tax	−478 000	−177 000	428 000	99 000
Tax	−77 000	−42 000	97 000	22 000
Net Income	−401 000	−135 000	331 000	77 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 015 000	1 612 000	564 000	105 000
Total Current Assets	673 000	437 000	355 000	363 000
Total Assets	1 688 000	2 049 000	920 000	468 000
Total Retained Equity	292 000	518 000	408 000	77 000
Total Equity	322 000	548 000	438 000	107 000
Total Long-Term Debt	478 000	579 000	97 000	133 000
Total Current Debt	889 000	923 000	385 000	228 000
Total Equity and Debt	1 688 000	2 049 000	920 000	468 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 710 000	2 930 000	3 174 000	1 206 000
Other Income	62 000	18 000	10 000	0
Revenue	2 772 000	2 948 000	3 184 000	1 206 000
Cost of Goods Sold	885 000	1 124 000	1 153 000	527 000
Salary Costs	836 000	816 000	607 000	263 000
Depreciation	146 000	51 000	40 000	33 000
Impairment	0	0	0	0
Expenditure	3 204 000	3 101 000	2 754 000	1 105 000
Operating Profit	−432 000	−158 000	434 000	100 000
Financial Income	0	1 000	3 000	0
Financial Costs	45 000	20 000	9 000	1 000
Financial Balance	−45 000	−19 000	−6 000	−1 000
Dividends	0	0	0	0
Net Income	−401 000	−135 000	331 000	77 000

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	530 000	676 000	84 000	105 000
Total Tangible Assets	530 000	676 000	84 000	105 000
Total Fiancial Fixed Assets	485 000	936 000	480 000	0
Total Fixed Assets	1 015 000	1 612 000	564 000	105 000
Stock	10 000	10 000	26 000	13 000
Total Investments	0	0	0	0
Cash, Bank	97 000	90 000	263 000	351 000
Total Current Assets	673 000	437 000	355 000	363 000
Total Assets	1 688 000	2 049 000	920 000	468 000
Total Equity	322 000	548 000	438 000	107 000
Short-Term Group Debt	359 000	245 000	0	0
Total Long-Term Debt	478 000	579 000	97 000	133 000
Creditors	8 000	82 000	20 000	58 000
Unpaid Taxes	50 000	43 000	35 000	94 000
Dividends	0	0	0	0
Other Current Debt	472 000	553 000	233 000	54 000
Total Current Debt	889 000	923 000	385 000	228 000
Total Equity and Debt	1 688 000	2 049 000	920 000	468 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−124,53 %	−24,64 %	75,57 %	71,96 %
Debt-to-Equity Ratio	1,48	1,06	0,22	1,24
Operating Profit Margin	−15,58 %	−5,36 %	13,63 %	8,29 %
Current Ratio	0,76	0,47	0,92	1,59
Quick Ratio	0,77	0,48	0,99	1,69
Equity Ratio	0,19	0,27	0,48	0,23
Gross Profit Margin	68,07 %	61,87 %	63,79 %	56,3 %