HUTCHINSON AS

2270 FLISA

Finances

Return on Equity

−132,42 %

Current Ratio

1,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 761 000	4 888 000	3 612 000	3 008 000
Net Income	−674 000	299 000	566 000	−151 000
Total Assets	1 804 000	3 032 000	2 881 000	2 183 000
Total Equity	509 000	1 183 000	884 000	319 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 761 000	4 888 000	3 612 000	3 008 000
Expenditure	5 450 000	4 512 000	2 983 000	3 114 000
Operating Profit	−690 000	375 000	628 000	−105 000
Financial Income	4 000	14 000	0	14 000
Financial Costs	8 000	6 000	8 000	3 000
Financial Balance	−4 000	8 000	−8 000	11 000
Earnings Before Tax	−694 000	383 000	621 000	−94 000
Tax	−20 000	84 000	55 000	57 000
Net Income	−674 000	299 000	566 000	−151 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	229 000	233 000	50 000	50 000
Total Current Assets	1 575 000	2 798 000	2 831 000	2 133 000
Total Assets	1 804 000	3 032 000	2 881 000	2 183 000
Total Retained Equity	459 000	1 133 000	834 000	269 000
Total Equity	509 000	1 183 000	884 000	319 000
Total Long-Term Debt	0	20 000	36 000	0
Total Current Debt	1 296 000	1 829 000	1 961 000	1 864 000
Total Equity and Debt	1 804 000	3 032 000	2 881 000	2 183 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 761 000	4 817 000	3 612 000	3 008 000
Other Income	0	71 000	0	0
Revenue	4 761 000	4 888 000	3 612 000	3 008 000
Cost of Goods Sold	3 789 000	3 016 000	2 110 000	1 875 000
Salary Costs	343 000	439 000	248 000	235 000
Depreciation	47 000	16 000	3 000	0
Impairment	0	0	0	0
Expenditure	5 450 000	4 512 000	2 983 000	3 114 000
Operating Profit	−690 000	375 000	628 000	−105 000
Financial Income	4 000	14 000	0	14 000
Financial Costs	8 000	6 000	8 000	3 000
Financial Balance	−4 000	8 000	−8 000	11 000
Dividends	0	0	0	0
Net Income	−674 000	299 000	566 000	−151 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	179 000	183 000	0	0
Total Tangible Assets	179 000	183 000	0	0
Total Fiancial Fixed Assets	50 000	50 000	50 000	50 000
Total Fixed Assets	229 000	233 000	50 000	50 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	844 000	1 673 000	1 366 000	996 000
Total Current Assets	1 575 000	2 798 000	2 831 000	2 133 000
Total Assets	1 804 000	3 032 000	2 881 000	2 183 000
Total Equity	509 000	1 183 000	884 000	319 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	20 000	36 000	0
Creditors	1 000 000	1 390 000	806 000	417 000
Unpaid Taxes	28 000	28 000	18 000	31 000
Dividends	0	0	0	0
Other Current Debt	268 000	310 000	1 117 000	1 360 000
Total Current Debt	1 296 000	1 829 000	1 961 000	1 864 000
Total Equity and Debt	1 804 000	3 032 000	2 881 000	2 183 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−132,42 %	25,27 %	64,03 %	−47,34 %
Debt-to-Equity Ratio	0	0,02	0,04	0
Operating Profit Margin	−14,49 %	7,67 %	17,39 %	−3,49 %
Current Ratio	1,22	1,53	1,44	1,14
Quick Ratio	1,22	1,53	1,44	1,14
Equity Ratio	0,28	0,39	0,31	0,15
Gross Profit Margin	20,42 %	38,3 %	41,58 %	37,67 %