HUGGENES ØSTRE DRIFT AS

1580 RYGGE

Finances

Share Ownership

Return on Equity

−17,8 %

Current Ratio

0,03

Debt-to-Equity Ratio

0,74

Key figures (NOK)	2021	2020	2019	2018
Revenue	101 000	850 000	1 389 000	1 696 000
Net Income	−47 000	68 000	81 000	−47 000
Total Assets	939 000	1 027 000	1 456 000	1 486 000
Total Equity	264 000	311 000	242 000	162 000

Income (NOK)	2021	2020	2019	2018
Revenue	101 000	850 000	1 389 000	1 696 000
Expenditure	163 000	459 000	1 275 000	1 767 000
Operating Profit	−62 000	91 000	114 000	−71 000
Financial Income	3 000	0	0	5 000
Financial Costs	0	3 000	10 000	9 000
Financial Balance	3 000	−3 000	−10 000	−4 000
Earnings Before Tax	−60 000	88 000	104 000	−75 000
Tax	−13 000	19 000	23 000	−28 000
Net Income	−47 000	68 000	81 000	−47 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	927 000	1 027 000	1 087 000	1 176 000
Total Current Assets	12 000	0	369 000	310 000
Total Assets	939 000	1 027 000	1 456 000	1 486 000
Total Retained Equity	154 000	201 000	132 000	52 000
Total Equity	264 000	311 000	242 000	162 000
Total Long-Term Debt	196 000	218 000	247 000	230 000
Total Current Debt	479 000	498 000	966 000	1 094 000
Total Equity and Debt	939 000	1 027 000	1 456 000	1 486 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	101 000	635 000	1 182 000	1 499 000
Other Income	0	214 000	207 000	197 000
Revenue	101 000	850 000	1 389 000	1 696 000
Cost of Goods Sold	0	24 000	189 000	395 000
Salary Costs	0	1 000	181 000	287 000
Depreciation	100 000	0	100 000	248 000
Impairment	0	0	0	0
Expenditure	163 000	459 000	1 275 000	1 767 000
Operating Profit	−62 000	91 000	114 000	−71 000
Financial Income	3 000	0	0	5 000
Financial Costs	0	3 000	10 000	9 000
Financial Balance	3 000	−3 000	−10 000	−4 000
Dividends	0	0	0	0
Net Income	−47 000	68 000	81 000	−47 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	841 000	941 000	1 001 000	1 101 000
Fixtures	50 000	50 000	50 000	50 000
Total Tangible Assets	891 000	991 000	1 051 000	1 151 000
Total Fiancial Fixed Assets	36 000	36 000	36 000	25 000
Total Fixed Assets	927 000	1 027 000	1 087 000	1 176 000
Stock	0	0	300 000	148 000
Total Investments	0	0	0	11 000
Cash, Bank	12 000	0	65 000	143 000
Total Current Assets	12 000	0	369 000	310 000
Total Assets	939 000	1 027 000	1 456 000	1 486 000
Total Equity	264 000	311 000	242 000	162 000
Short-Term Group Debt	279 000	279 000	512 000	0
Total Long-Term Debt	196 000	218 000	247 000	230 000
Creditors	2 000	0	170 000	663 000
Unpaid Taxes	15 000	101 000	36 000	129 000
Dividends	0	0	0	0
Other Current Debt	174 000	70 000	243 000	302 000
Total Current Debt	479 000	498 000	966 000	1 094 000
Total Equity and Debt	939 000	1 027 000	1 456 000	1 486 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−17,8 %	21,86 %	33,47 %	−29,01 %
Debt-to-Equity Ratio	0,74	0,7	1,02	1,42
Operating Profit Margin	−61,39 %	10,71 %	8,21 %	−4,19 %
Current Ratio	0,03	0	0,38	0,28
Quick Ratio	0,03	0	0,55	0,33
Equity Ratio	0,28	0,3	0,17	0,11
Gross Profit Margin	100 %	97,18 %	86,39 %	76,71 %