HUGIN MANAGEMENT AS

1735 VARTEIG

Finances

Return on Equity

−6,85 %

Current Ratio

6,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−1 602 000	3 287 000	542 000	3 455 000
Total Assets	27 052 000	27 045 000	23 738 000	23 688 000
Total Equity	23 374 000	24 976 000	23 690 000	23 147 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	82 000	83 000	74 000	108 000
Operating Profit	−82 000	−83 000	−74 000	−108 000
Financial Income	40 000	3 386 000	1 032 000	3 648 000
Financial Costs	1 560 000	0	416 000	85 000
Financial Balance	−1 520 000	3 386 000	616 000	3 563 000
Earnings Before Tax	−1 602 000	3 303 000	542 000	3 455 000
Tax	0	16 000	0	0
Net Income	−1 602 000	3 287 000	542 000	3 455 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 825 000	1 826 000	800 000	300 000
Total Current Assets	23 226 000	25 219 000	22 938 000	23 388 000
Total Assets	27 052 000	27 045 000	23 738 000	23 688 000
Total Retained Equity	23 015 000	24 617 000	23 331 000	22 789 000
Total Equity	23 374 000	24 976 000	23 690 000	23 147 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 678 000	2 069 000	48 000	541 000
Total Equity and Debt	27 052 000	27 045 000	23 738 000	23 688 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	82 000	83 000	74 000	108 000
Operating Profit	−82 000	−83 000	−74 000	−108 000
Financial Income	40 000	3 386 000	1 032 000	3 648 000
Financial Costs	1 560 000	0	416 000	85 000
Financial Balance	−1 520 000	3 386 000	616 000	3 563 000
Dividends	0	2 000 000	0	0
Net Income	−1 602 000	3 287 000	542 000	3 455 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	3 825 000	1 826 000	800 000	300 000
Total Fixed Assets	3 825 000	1 826 000	800 000	300 000
Stock	1 077 000	1 077 000	1 077 000	0
Total Investments	20 848 000	22 299 000	19 443 000	20 446 000
Cash, Bank	0	541 000	1 117 000	2 643 000
Total Current Assets	23 226 000	25 219 000	22 938 000	23 388 000
Total Assets	27 052 000	27 045 000	23 738 000	23 688 000
Total Equity	23 374 000	24 976 000	23 690 000	23 147 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	4 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	2 000 000	0	0
Other Current Debt	63 000	49 000	48 000	541 000
Total Current Debt	3 678 000	2 069 000	48 000	541 000
Total Equity and Debt	27 052 000	27 045 000	23 738 000	23 688 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,85 %	13,16 %	2,29 %	14,93 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	6,31	12,19	477,88	43,23
Quick Ratio	8,93	25,42	−22,29	43,23
Equity Ratio	0,86	0,92	1	0,98
Gross Profit Margin	-	-	-	-