HUBRED UTVIKLING AS

2165 HVAM

Finances

Share Ownership

Return on Equity

34 %

Current Ratio

2,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	970 000	898 000	455 000
Net Income	34 000	22 000	114 000
Total Assets	154 000	142 000	235 000
Total Equity	100 000	66 000	144 000

Income (NOK)	2022	2021	2020
Revenue	970 000	898 000	455 000
Expenditure	924 000	866 000	310 000
Operating Profit	46 000	32 000	145 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	46 000	32 000	145 000
Tax	11 000	11 000	31 000
Net Income	34 000	22 000	114 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	154 000	142 000	235 000
Total Assets	154 000	142 000	235 000
Total Retained Equity	70 000	36 000	114 000
Total Equity	100 000	66 000	144 000
Total Long-Term Debt	0	0	0
Total Current Debt	54 000	76 000	90 000
Total Equity and Debt	154 000	142 000	235 000

Cash flow (NOK)	2022	2021	2020
Sales Income	970 000	898 000	455 000
Other Income	0	0	0
Revenue	970 000	898 000	455 000
Cost of Goods Sold	140 000	162 000	−5 000
Salary Costs	361 000	287 000	169 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	924 000	866 000	310 000
Operating Profit	46 000	32 000	145 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	34 000	22 000	114 000

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	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	40 000	53 000	73 000
Total Investments	0	0	0
Cash, Bank	124 000	83 000	160 000
Total Current Assets	154 000	142 000	235 000
Total Assets	154 000	142 000	235 000
Total Equity	100 000	66 000	144 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	10 000	6 000	5 000
Unpaid Taxes	45 000	38 000	44 000
Dividends	0	0	0
Other Current Debt	−12 000	21 000	10 000
Total Current Debt	54 000	76 000	90 000
Total Equity and Debt	154 000	142 000	235 000

Financial indicators	2022	2021	2020
Return on Equity	34 %	33,33 %	79,17 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	4,74 %	3,56 %	31,87 %
Current Ratio	2,85	1,87	2,61
Quick Ratio	11	6,17	13,82
Equity Ratio	0,65	0,46	0,61
Gross Profit Margin	85,57 %	81,96 %	101,1 %