HEGEL AUDIO AS

0373 OSLO

Finances

Return on Equity

12,01 %

Current Ratio

14,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 171 000	3 647 000	3 227 000	2 015 000
Net Income	2 648 000	6 402 000	6 553 000	1 793 000
Total Assets	23 644 000	22 066 000	16 125 000	7 943 000
Total Equity	22 057 000	19 409 000	13 403 000	6 850 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 171 000	3 647 000	3 227 000	2 015 000
Expenditure	87 000	74 000	58 000	45 000
Operating Profit	3 084 000	3 574 000	3 169 000	1 969 000
Financial Income	314 000	4 506 000	5 235 000	329 000
Financial Costs	2 000	0	3 000	0
Financial Balance	312 000	4 506 000	5 232 000	329 000
Earnings Before Tax	3 396 000	8 080 000	8 402 000	2 299 000
Tax	748 000	1 678 000	1 849 000	506 000
Net Income	2 648 000	6 402 000	6 553 000	1 793 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	160 000	160 000	164 000	171 000
Total Current Assets	23 484 000	21 906 000	15 962 000	7 772 000
Total Assets	23 644 000	22 066 000	16 125 000	7 943 000
Total Retained Equity	21 876 000	19 228 000	12 826 000	6 273 000
Total Equity	22 057 000	19 409 000	13 403 000	6 850 000
Total Long-Term Debt	3 000	3 000	3 000	5 000
Total Current Debt	1 583 000	2 654 000	2 719 000	1 088 000
Total Equity and Debt	23 644 000	22 066 000	16 125 000	7 943 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 171 000	3 647 000	3 227 000	2 015 000
Other Income	0	0	0	0
Revenue	3 171 000	3 647 000	3 227 000	2 015 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	4 000	7 000	7 000
Impairment	0	0	0	0
Expenditure	87 000	74 000	58 000	45 000
Operating Profit	3 084 000	3 574 000	3 169 000	1 969 000
Financial Income	314 000	4 506 000	5 235 000	329 000
Financial Costs	2 000	0	3 000	0
Financial Balance	312 000	4 506 000	5 232 000	329 000
Dividends	0	0	0	0
Net Income	2 648 000	6 402 000	6 553 000	1 793 000

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	4 000	11 000
Total Tangible Assets	0	0	4 000	11 000
Total Fiancial Fixed Assets	160 000	160 000	160 000	160 000
Total Fixed Assets	160 000	160 000	164 000	171 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 657 000	17 903 000	10 958 000	6 272 000
Total Current Assets	23 484 000	21 906 000	15 962 000	7 772 000
Total Assets	23 644 000	22 066 000	16 125 000	7 943 000
Total Equity	22 057 000	19 409 000	13 403 000	6 850 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	3 000	3 000	5 000
Creditors	71 000	71 000	68 000	69 000
Unpaid Taxes	763 000	904 000	800 000	502 000
Dividends	0	0	0	0
Other Current Debt	1 000	1 000	1 000	9 000
Total Current Debt	1 583 000	2 654 000	2 719 000	1 088 000
Total Equity and Debt	23 644 000	22 066 000	16 125 000	7 943 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,01 %	32,98 %	48,89 %	26,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	97,26 %	98 %	98,2 %	97,72 %
Current Ratio	14,84	8,25	5,87	7,14
Quick Ratio	14,84	8,25	5,87	7,14
Equity Ratio	0,93	0,88	0,83	0,86
Gross Profit Margin	100 %	100 %	100 %	100 %