HG STUBBERUD AS

0668 OSLO

Finances

Return on Equity

−9,13 %

Current Ratio

0,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	30 000	3 192 000	450 000
Net Income	−60 000	639 000	38 000
Total Assets	769 000	958 000	355 000
Total Equity	657 000	707 000	68 000

Income (NOK)	2022	2021	2020
Revenue	30 000	3 192 000	450 000
Expenditure	104 000	2 365 000	397 000
Operating Profit	−74 000	827 000	53 000
Financial Income	26 000	5 000	0
Financial Costs	12 000	14 000	5 000
Financial Balance	14 000	−9 000	−5 000
Earnings Before Tax	−60 000	819 000	49 000
Tax	0	180 000	11 000
Net Income	−60 000	639 000	38 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	737 000	942 000	0
Total Current Assets	32 000	17 000	355 000
Total Assets	769 000	958 000	355 000
Total Retained Equity	617 000	677 000	38 000
Total Equity	657 000	707 000	68 000
Total Long-Term Debt	0	0	0
Total Current Debt	112 000	252 000	287 000
Total Equity and Debt	769 000	958 000	355 000

Cash flow (NOK)	2022	2021	2020
Sales Income	30 000	3 192 000	450 000
Other Income	0	0	0
Revenue	30 000	3 192 000	450 000
Cost of Goods Sold	22 000	248 000	227 000
Salary Costs	0	512 000	48 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	104 000	2 365 000	397 000
Operating Profit	−74 000	827 000	53 000
Financial Income	26 000	5 000	0
Financial Costs	12 000	14 000	5 000
Financial Balance	14 000	−9 000	−5 000
Dividends	0	0	0
Net Income	−60 000	639 000	38 000

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	737 000	942 000	0
Total Fixed Assets	737 000	942 000	0
Stock	20 000	0	150 000
Total Investments	10 000	0	0
Cash, Bank	1 000	6 000	198 000
Total Current Assets	32 000	17 000	355 000
Total Assets	769 000	958 000	355 000
Total Equity	657 000	707 000	68 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	1 000	16 000	107 000
Unpaid Taxes	0	6 000	51 000
Dividends	0	0	0
Other Current Debt	0	49 000	118 000
Total Current Debt	112 000	252 000	287 000
Total Equity and Debt	769 000	958 000	355 000

Financial indicators	2022	2021	2020
Return on Equity	−9,13 %	90,38 %	55,88 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−246,67 %	25,91 %	11,78 %
Current Ratio	0,29	0,07	1,24
Quick Ratio	0,35	0,07	2,59
Equity Ratio	0,85	0,74	0,19
Gross Profit Margin	26,67 %	92,23 %	49,56 %