HUD OG SPA AKADEMIET AS

7011 TRONDHEIM

Finances

Return on Equity

−17,25 %

Current Ratio

3,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 062 000	2 133 000	2 569 000	2 891 000
Net Income	−178 000	456 000	966 000	1 083 000
Total Assets	1 404 000	5 539 000	5 217 000	4 263 000
Total Equity	1 032 000	1 210 000	4 757 000	3 791 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 062 000	2 133 000	2 569 000	2 891 000
Expenditure	1 217 000	1 567 000	1 341 000	1 525 000
Operating Profit	−156 000	566 000	1 229 000	1 365 000
Financial Income	4 000	7 000	17 000	23 000
Financial Costs	0	0	1 000	0
Financial Balance	4 000	7 000	16 000	23 000
Earnings Before Tax	−152 000	573 000	1 246 000	1 388 000
Tax	27 000	117 000	280 000	306 000
Net Income	−178 000	456 000	966 000	1 083 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	−2 000	37 000	30 000	6 000
Total Current Assets	1 406 000	5 501 000	5 187 000	4 256 000
Total Assets	1 404 000	5 539 000	5 217 000	4 263 000
Total Retained Equity	932 000	1 110 000	4 657 000	3 691 000
Total Equity	1 032 000	1 210 000	4 757 000	3 791 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	372 000	4 328 000	460 000	471 000
Total Equity and Debt	1 404 000	5 539 000	5 217 000	4 263 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 062 000	2 133 000	2 569 000	2 891 000
Other Income	0	0	0	0
Revenue	1 062 000	2 133 000	2 569 000	2 891 000
Cost of Goods Sold	28 000	65 000	49 000	78 000
Salary Costs	751 000	865 000	804 000	937 000
Depreciation	12 000	8 000	1 000	0
Impairment	0	0	0	0
Expenditure	1 217 000	1 567 000	1 341 000	1 525 000
Operating Profit	−156 000	566 000	1 229 000	1 365 000
Financial Income	4 000	7 000	17 000	23 000
Financial Costs	0	0	1 000	0
Financial Balance	4 000	7 000	16 000	23 000
Dividends	0	0	0	0
Net Income	−178 000	456 000	966 000	1 083 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	−12 000	14 000	3 000	6 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 000	23 000	27 000	0
Total Tangible Assets	11 000	23 000	27 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	−2 000	37 000	30 000	6 000
Stock	0	0	0	0
Total Investments	200 000	200 000	0	0
Cash, Bank	1 195 000	5 229 000	5 117 000	4 235 000
Total Current Assets	1 406 000	5 501 000	5 187 000	4 256 000
Total Assets	1 404 000	5 539 000	5 217 000	4 263 000
Total Equity	1 032 000	1 210 000	4 757 000	3 791 000
Short-Term Group Debt	0	4 000 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	51 000	7 000	3 000	8 000
Unpaid Taxes	71 000	71 000	59 000	61 000
Dividends	0	0	0	0
Other Current Debt	121 000	119 000	124 000	100 000
Total Current Debt	372 000	4 328 000	460 000	471 000
Total Equity and Debt	1 404 000	5 539 000	5 217 000	4 263 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,25 %	37,69 %	20,31 %	28,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−14,69 %	26,54 %	47,84 %	47,22 %
Current Ratio	3,78	1,27	11,28	9,04
Quick Ratio	3,78	1,27	11,28	9,04
Equity Ratio	0,74	0,22	0,91	0,89
Gross Profit Margin	97,36 %	96,95 %	98,09 %	97,3 %