HUBEX AS

0151 OSLO

Finances

Share Ownership

Return on Equity

17,02 %

Current Ratio

4,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	5 638 000	2 459 000	755 000
Net Income	326 000	309 000	86 000
Total Assets	2 486 000	2 060 000	1 440 000
Total Equity	1 915 000	1 589 000	1 281 000

Income (NOK)	2022	2021	2020
Revenue	5 638 000	2 459 000	755 000
Expenditure	5 200 000	2 083 000	643 000
Operating Profit	437 000	377 000	111 000
Financial Income	40 000	28 000	2 000
Financial Costs	58 000	9 000	3 000
Financial Balance	−18 000	19 000	−1 000
Earnings Before Tax	418 000	396 000	110 000
Tax	93 000	87 000	24 000
Net Income	326 000	309 000	86 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	11 000	17 000	0
Total Current Assets	2 475 000	2 043 000	1 440 000
Total Assets	2 486 000	2 060 000	1 440 000
Total Retained Equity	720 000	395 000	86 000
Total Equity	1 915 000	1 589 000	1 281 000
Total Long-Term Debt	2 000	1 000	0
Total Current Debt	569 000	470 000	159 000
Total Equity and Debt	2 486 000	2 060 000	1 440 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 352 000	1 873 000	684 000
Other Income	1 286 000	585 000	70 000
Revenue	5 638 000	2 459 000	755 000
Cost of Goods Sold	2 165 000	19 000	24 000
Salary Costs	1 928 000	1 141 000	373 000
Depreciation	6 000	2 000	0
Impairment	0	0	0
Expenditure	5 200 000	2 083 000	643 000
Operating Profit	437 000	377 000	111 000
Financial Income	40 000	28 000	2 000
Financial Costs	58 000	9 000	3 000
Financial Balance	−18 000	19 000	−1 000
Dividends	0	0	0
Net Income	326 000	309 000	86 000

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	11 000	17 000	0
Total Tangible Assets	11 000	17 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	11 000	17 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 677 000	1 674 000	1 343 000
Total Current Assets	2 475 000	2 043 000	1 440 000
Total Assets	2 486 000	2 060 000	1 440 000
Total Equity	1 915 000	1 589 000	1 281 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 000	1 000	0
Creditors	135 000	68 000	7 000
Unpaid Taxes	143 000	208 000	49 000
Dividends	0	0	0
Other Current Debt	200 000	107 000	79 000
Total Current Debt	569 000	470 000	159 000
Total Equity and Debt	2 486 000	2 060 000	1 440 000

Financial indicators	2022	2021	2020
Return on Equity	17,02 %	19,45 %	6,71 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	7,75 %	15,33 %	14,7 %
Current Ratio	4,35	4,35	9,06
Quick Ratio	4,35	4,35	9,06
Equity Ratio	0,77	0,77	0,89
Gross Profit Margin	61,6 %	99,23 %	96,82 %