HYGGE GJØVIK AS

2815 GJØVIK

Finances

Return on Equity

8,05 %

Current Ratio

1,12

Debt-to-Equity Ratio

0,68

Key figures (NOK)	2022	2021	2020
Revenue	17 689 000	13 552 000	8 964 000
Net Income	225 000	1 744 000	895 000
Total Assets	8 816 000	6 395 000	1 927 000
Total Equity	2 795 000	2 424 000	925 000

Income (NOK)	2022	2021	2020
Revenue	17 689 000	13 552 000	8 964 000
Expenditure	17 366 000	11 347 000	7 919 000
Operating Profit	323 000	2 249 000	1 146 000
Financial Income	−1 000	0	2 000
Financial Costs	114 000	12 000	1 000
Financial Balance	−115 000	−12 000	1 000
Earnings Before Tax	207 000	2 237 000	1 147 000
Tax	−18 000	493 000	252 000
Net Income	225 000	1 744 000	895 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	4 208 000	4 935 000	1 144 000
Total Current Assets	4 608 000	1 460 000	783 000
Total Assets	8 816 000	6 395 000	1 927 000
Total Retained Equity	2 265 000	2 394 000	895 000
Total Equity	2 795 000	2 424 000	925 000
Total Long-Term Debt	1 899 000	1 108 000	57 000
Total Current Debt	4 121 000	2 864 000	946 000
Total Equity and Debt	8 816 000	6 395 000	1 927 000

Cash flow (NOK)	2022	2021	2020
Sales Income	16 601 000	13 302 000	8 932 000
Other Income	1 087 000	250 000	32 000
Revenue	17 689 000	13 552 000	8 964 000
Cost of Goods Sold	5 730 000	4 555 000	3 223 000
Salary Costs	4 819 000	3 303 000	2 478 000
Depreciation	712 000	366 000	204 000
Impairment	0	0	0
Expenditure	17 366 000	11 347 000	7 919 000
Operating Profit	323 000	2 249 000	1 146 000
Financial Income	−1 000	0	2 000
Financial Costs	114 000	12 000	1 000
Financial Balance	−115 000	−12 000	1 000
Dividends	0	0	0
Net Income	225 000	1 744 000	895 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	597 000	676 000	57 000
Machinery and Plant Facilities	271 000	2 868 000	214 000
Fixtures	3 209 000	1 291 000	873 000
Total Tangible Assets	4 078 000	4 835 000	1 144 000
Total Fiancial Fixed Assets	130 000	100 000	0
Total Fixed Assets	4 208 000	4 935 000	1 144 000
Stock	572 000	256 000	176 000
Total Investments	0	0	0
Cash, Bank	836 000	414 000	511 000
Total Current Assets	4 608 000	1 460 000	783 000
Total Assets	8 816 000	6 395 000	1 927 000
Total Equity	2 795 000	2 424 000	925 000
Short-Term Group Debt	0	314 000	0
Total Long-Term Debt	1 899 000	1 108 000	57 000
Creditors	1 606 000	566 000	−8 000
Unpaid Taxes	267 000	94 000	265 000
Dividends	0	0	0
Other Current Debt	2 247 000	1 469 000	469 000
Total Current Debt	4 121 000	2 864 000	946 000
Total Equity and Debt	8 816 000	6 395 000	1 927 000

Financial indicators	2022	2021	2020
Return on Equity	8,05 %	71,95 %	96,76 %
Debt-to-Equity Ratio	0,68	0,46	0,06
Operating Profit Margin	1,83 %	16,6 %	12,78 %
Current Ratio	1,12	0,51	0,83
Quick Ratio	1,3	0,56	1,02
Equity Ratio	0,32	0,38	0,48
Gross Profit Margin	67,61 %	66,39 %	64,05 %