HUGO KARLSEN AS

1461 LØRENSKOG

Finances

Share Ownership

Return on Equity

−11,18 %

Current Ratio

1,32

Debt-to-Equity Ratio

0,79

Key figures (NOK)	2022	2021	2020
Revenue	18 284 000	20 541 000	23 028 000
Net Income	−284 000	1 011 000	1 592 000
Total Assets	7 165 000	5 238 000	4 597 000
Total Equity	2 540 000	2 823 000	1 812 000

Income (NOK)	2022	2021	2020
Revenue	18 284 000	20 541 000	23 028 000
Expenditure	18 648 000	19 244 000	21 058 000
Operating Profit	−365 000	1 298 000	1 970 000
Financial Income	1 000	0	0
Financial Costs	0	1 000	0
Financial Balance	1 000	−1 000	0
Earnings Before Tax	−364 000	1 296 000	1 971 000
Tax	−80 000	285 000	379 000
Net Income	−284 000	1 011 000	1 592 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	3 689 000	470 000	299 000
Total Current Assets	3 476 000	4 768 000	4 298 000
Total Assets	7 165 000	5 238 000	4 597 000
Total Retained Equity	2 320 000	2 603 000	1 592 000
Total Equity	2 540 000	2 823 000	1 812 000
Total Long-Term Debt	2 000 000	0	0
Total Current Debt	2 626 000	2 414 000	2 785 000
Total Equity and Debt	7 165 000	5 238 000	4 597 000

Cash flow (NOK)	2022	2021	2020
Sales Income	18 196 000	20 416 000	22 932 000
Other Income	88 000	125 000	96 000
Revenue	18 284 000	20 541 000	23 028 000
Cost of Goods Sold	13 271 000	14 551 000	16 821 000
Salary Costs	2 596 000	2 250 000	2 351 000
Depreciation	189 000	140 000	75 000
Impairment	0	0	0
Expenditure	18 648 000	19 244 000	21 058 000
Operating Profit	−365 000	1 298 000	1 970 000
Financial Income	1 000	0	0
Financial Costs	0	1 000	0
Financial Balance	1 000	−1 000	0
Dividends	0	0	0
Net Income	−284 000	1 011 000	1 592 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	127 000	47 000	43 000
Real Eastate	0	279 000	0
Machinery and Plant Facilities	0	0	0
Fixtures	3 563 000	144 000	256 000
Total Tangible Assets	3 563 000	423 000	256 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	3 689 000	470 000	299 000
Stock	705 000	934 000	1 011 000
Total Investments	0	0	0
Cash, Bank	1 900 000	3 033 000	2 613 000
Total Current Assets	3 476 000	4 768 000	4 298 000
Total Assets	7 165 000	5 238 000	4 597 000
Total Equity	2 540 000	2 823 000	1 812 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 000 000	0	0
Creditors	1 302 000	571 000	650 000
Unpaid Taxes	130 000	171 000	299 000
Dividends	0	0	0
Other Current Debt	1 194 000	1 384 000	1 414 000
Total Current Debt	2 626 000	2 414 000	2 785 000
Total Equity and Debt	7 165 000	5 238 000	4 597 000

Financial indicators	2022	2021	2020
Return on Equity	−11,18 %	35,81 %	87,86 %
Debt-to-Equity Ratio	0,79	0	0
Operating Profit Margin	−2 %	6,32 %	8,55 %
Current Ratio	1,32	1,98	1,54
Quick Ratio	1,81	3,22	2,42
Equity Ratio	0,35	0,54	0,39
Gross Profit Margin	27,42 %	29,16 %	26,95 %