FRED HUGO AS

9402 HARSTAD

Finances

Share Ownership

Return on Equity

−31,23 %

Current Ratio

5,91

Debt-to-Equity Ratio

1,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 283 000	86 000	51 407 000	6 908 000
Net Income	−5 625 000	609 000	35 749 000	−688 000
Total Assets	45 675 000	54 446 000	47 146 000	29 813 000
Total Equity	18 011 000	23 636 000	33 027 000	−322 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 283 000	86 000	51 407 000	6 908 000
Expenditure	2 461 000	873 000	4 837 000	6 550 000
Operating Profit	−1 178 000	−787 000	46 570 000	357 000
Financial Income	1 041 000	1 614 000	196 000	1 000
Financial Costs	5 741 000	137 000	960 000	1 234 000
Financial Balance	−4 700 000	1 477 000	−764 000	−1 233 000
Earnings Before Tax	−5 878 000	690 000	45 806 000	−876 000
Tax	−254 000	81 000	10 057 000	−188 000
Net Income	−5 625 000	609 000	35 749 000	−688 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 889 000	11 245 000	2 675 000	29 105 000
Total Current Assets	34 787 000	43 201 000	44 471 000	708 000
Total Assets	45 675 000	54 446 000	47 146 000	29 813 000
Total Retained Equity	14 591 000	20 216 000	29 607 000	−3 742 000
Total Equity	18 011 000	23 636 000	33 027 000	−322 000
Total Long-Term Debt	21 779 000	17 960 000	10 448 000	28 905 000
Total Current Debt	5 886 000	12 850 000	3 671 000	1 231 000
Total Equity and Debt	45 675 000	54 446 000	47 146 000	29 813 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 283 000	0	4 204 000	6 908 000
Other Income	0	86 000	47 203 000	0
Revenue	1 283 000	86 000	51 407 000	6 908 000
Cost of Goods Sold	263 000	5 000	239 000	339 000
Salary Costs	600 000	4 000	2 623 000	3 718 000
Depreciation	815 000	281 000	1 328 000	1 567 000
Impairment	0	0	0	0
Expenditure	2 461 000	873 000	4 837 000	6 550 000
Operating Profit	−1 178 000	−787 000	46 570 000	357 000
Financial Income	1 041 000	1 614 000	196 000	1 000
Financial Costs	5 741 000	137 000	960 000	1 234 000
Financial Balance	−4 700 000	1 477 000	−764 000	−1 233 000
Dividends	0	10 000 000	2 400 000	0
Net Income	−5 625 000	609 000	35 749 000	−688 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 300 000	4 300 000	0	7 412 000
Real Eastate	834 000	756 000	697 000	743 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 770 000	1 911 000	609 000	719 000
Total Tangible Assets	6 589 000	6 945 000	2 675 000	21 693 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 889 000	11 245 000	2 675 000	29 105 000
Stock	0	0	0	0
Total Investments	33 993 000	41 779 000	40 195 000	0
Cash, Bank	340 000	1 010 000	4 068 000	551 000
Total Current Assets	34 787 000	43 201 000	44 471 000	708 000
Total Assets	45 675 000	54 446 000	47 146 000	29 813 000
Total Equity	18 011 000	23 636 000	33 027 000	−322 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 779 000	17 960 000	10 448 000	28 905 000
Creditors	161 000	124 000	15 000	131 000
Unpaid Taxes	48 000	0	298 000	762 000
Dividends	0	10 000 000	2 400 000	0
Other Current Debt	4 290 000	10 726 000	0	338 000
Total Current Debt	5 886 000	12 850 000	3 671 000	1 231 000
Total Equity and Debt	45 675 000	54 446 000	47 146 000	29 813 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−31,23 %	2,58 %	108,24 %	213,66 %
Debt-to-Equity Ratio	1,21	0,76	0,32	−89,77
Operating Profit Margin	−91,82 %	−915,12 %	90,59 %	5,17 %
Current Ratio	5,91	3,36	12,11	0,58
Quick Ratio	5,91	3,36	12,11	0,58
Equity Ratio	0,39	0,43	0,7	−0,01
Gross Profit Margin	79,5 %	94,19 %	99,54 %	95,09 %