HUES AS

3510 HØNEFOSS

Finances

Share Ownership

Return on Equity

−7,31 %

Current Ratio

0,59

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	1 626 000	1 158 000	958 000
Net Income	32 000	−504 000	157 000
Total Assets	771 000	527 000	1 563 000
Total Equity	−438 000	−469 000	35 000

Income (NOK)	2022	2021	2020
Revenue	1 626 000	1 158 000	958 000
Expenditure	1 580 000	1 655 000	743 000
Operating Profit	46 000	−497 000	216 000
Financial Income	4 000	3 000	0
Financial Costs	18 000	12 000	18 000
Financial Balance	−14 000	−9 000	−18 000
Earnings Before Tax	32 000	−505 000	198 000
Tax	0	−1 000	41 000
Net Income	32 000	−504 000	157 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	54 000	34 000	45 000
Total Current Assets	717 000	493 000	1 518 000
Total Assets	771 000	527 000	1 563 000
Total Retained Equity	−456 000	−487 000	17 000
Total Equity	−438 000	−469 000	35 000
Total Long-Term Debt	0	0	1 000
Total Current Debt	1 209 000	997 000	1 527 000
Total Equity and Debt	771 000	527 000	1 563 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 608 000	1 152 000	948 000
Other Income	19 000	6 000	10 000
Revenue	1 626 000	1 158 000	958 000
Cost of Goods Sold	0	76 000	15 000
Salary Costs	953 000	927 000	496 000
Depreciation	11 000	11 000	4 000
Impairment	0	0	0
Expenditure	1 580 000	1 655 000	743 000
Operating Profit	46 000	−497 000	216 000
Financial Income	4 000	3 000	0
Financial Costs	18 000	12 000	18 000
Financial Balance	−14 000	−9 000	−18 000
Dividends	0	0	0
Net Income	32 000	−504 000	157 000

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	54 000	34 000	45 000
Total Tangible Assets	54 000	34 000	45 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	54 000	34 000	45 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	285 000	306 000	462 000
Total Current Assets	717 000	493 000	1 518 000
Total Assets	771 000	527 000	1 563 000
Total Equity	−438 000	−469 000	35 000
Short-Term Group Debt	686 000	572 000	611 000
Total Long-Term Debt	0	0	1 000
Creditors	240 000	70 000	743 000
Unpaid Taxes	118 000	53 000	108 000
Dividends	0	0	0
Other Current Debt	165 000	302 000	65 000
Total Current Debt	1 209 000	997 000	1 527 000
Total Equity and Debt	771 000	527 000	1 563 000

Financial indicators	2022	2021	2020
Return on Equity	−7,31 %	107,46 %	448,57 %
Debt-to-Equity Ratio	−0	−0	0,03
Operating Profit Margin	2,83 %	−42,92 %	22,55 %
Current Ratio	0,59	0,49	0,99
Quick Ratio	0,59	0,49	0,99
Equity Ratio	−0,57	−0,89	0,02
Gross Profit Margin	100 %	93,44 %	98,43 %