HYGGEN THAI RESTAURANT AS

3442 HYGGEN

Finances

Share Ownership

Return on Equity

−20,91 %

Current Ratio

0,35

Debt-to-Equity Ratio

−1,85

Key figures (NOK)	2022	2021	2020
Revenue	2 129 000	2 301 000	1 677 000
Net Income	23 000	−81 000	−77 000
Total Assets	312 000	478 000	290 000
Total Equity	−110 000	−133 000	−52 000

Income (NOK)	2022	2021	2020
Revenue	2 129 000	2 301 000	1 677 000
Expenditure	2 105 000	2 378 000	1 781 000
Operating Profit	23 000	−77 000	−103 000
Financial Income	0	0	0
Financial Costs	0	4 000	2 000
Financial Balance	0	−4 000	−2 000
Earnings Before Tax	23 000	−81 000	−105 000
Tax	0	0	0
Net Income	23 000	−81 000	−77 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	235 000	158 000	0
Total Current Assets	77 000	320 000	290 000
Total Assets	312 000	478 000	290 000
Total Retained Equity	−140 000	−163 000	−82 000
Total Equity	−110 000	−133 000	−52 000
Total Long-Term Debt	203 000	402 000	164 000
Total Current Debt	220 000	209 000	178 000
Total Equity and Debt	312 000	478 000	290 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 129 000	2 301 000	1 677 000
Other Income	0	0	0
Revenue	2 129 000	2 301 000	1 677 000
Cost of Goods Sold	694 000	833 000	679 000
Salary Costs	763 000	959 000	497 000
Depreciation	0	0	69 000
Impairment	0	0	0
Expenditure	2 105 000	2 378 000	1 781 000
Operating Profit	23 000	−77 000	−103 000
Financial Income	0	0	0
Financial Costs	0	4 000	2 000
Financial Balance	0	−4 000	−2 000
Dividends	0	0	0
Net Income	23 000	−81 000	−77 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	235 000	128 000	0
Total Tangible Assets	235 000	128 000	0
Total Fiancial Fixed Assets	0	30 000	0
Total Fixed Assets	235 000	158 000	0
Stock	9 000	0	0
Total Investments	0	0	0
Cash, Bank	68 000	258 000	251 000
Total Current Assets	77 000	320 000	290 000
Total Assets	312 000	478 000	290 000
Total Equity	−110 000	−133 000	−52 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	203 000	402 000	164 000
Creditors	53 000	15 000	65 000
Unpaid Taxes	60 000	82 000	49 000
Dividends	0	0	0
Other Current Debt	107 000	112 000	65 000
Total Current Debt	220 000	209 000	178 000
Total Equity and Debt	312 000	478 000	290 000

Financial indicators	2022	2021	2020
Return on Equity	−20,91 %	60,9 %	148,08 %
Debt-to-Equity Ratio	−1,85	−3,02	−3,15
Operating Profit Margin	1,08 %	−3,35 %	−6,14 %
Current Ratio	0,35	1,53	1,63
Quick Ratio	0,36	1,53	1,63
Equity Ratio	−0,35	−0,28	−0,18
Gross Profit Margin	67,4 %	63,8 %	59,51 %