CUTEHACKS AS

0373 OSLO

Finances

Return on Equity

−2,1 %

Current Ratio

988,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	2 275 000	7 992 000
Net Income	−169 000	2 787 000	154 000	1 337 000
Total Assets	8 067 000	8 233 000	5 830 000	6 933 000
Total Equity	8 059 000	8 228 000	5 441 000	5 287 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	2 275 000	7 992 000
Expenditure	37 000	88 000	2 115 000	6 250 000
Operating Profit	−37 000	−87 000	161 000	1 742 000
Financial Income	8 000	2 874 000	38 000	3 000
Financial Costs	139 000	0	1 000	21 000
Financial Balance	−131 000	2 874 000	37 000	−18 000
Earnings Before Tax	−169 000	2 787 000	198 000	1 723 000
Tax	0	0	44 000	386 000
Net Income	−169 000	2 787 000	154 000	1 337 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 148 000	1 348 000	1 611 000	1 119 000
Total Current Assets	6 919 000	6 885 000	4 219 000	5 814 000
Total Assets	8 067 000	8 233 000	5 830 000	6 933 000
Total Retained Equity	7 959 000	8 127 000	5 340 000	5 186 000
Total Equity	8 059 000	8 228 000	5 441 000	5 287 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 000	5 000	389 000	1 646 000
Total Equity and Debt	8 067 000	8 233 000	5 830 000	6 933 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	2 169 000	7 992 000
Other Income	0	0	105 000	0
Revenue	0	0	2 275 000	7 992 000
Cost of Goods Sold	0	0	1 804 000	1 875 000
Salary Costs	0	0	147 000	3 961 000
Depreciation	0	7 000	9 000	16 000
Impairment	0	0	0	0
Expenditure	37 000	88 000	2 115 000	6 250 000
Operating Profit	−37 000	−87 000	161 000	1 742 000
Financial Income	8 000	2 874 000	38 000	3 000
Financial Costs	139 000	0	1 000	21 000
Financial Balance	−131 000	2 874 000	37 000	−18 000
Dividends	0	0	0	0
Net Income	−169 000	2 787 000	154 000	1 337 000

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	7 000	16 000
Total Tangible Assets	0	0	7 000	16 000
Total Fiancial Fixed Assets	1 148 000	1 348 000	1 604 000	1 104 000
Total Fixed Assets	1 148 000	1 348 000	1 611 000	1 119 000
Stock	0	0	0	0
Total Investments	3 861 000	4 000 000	1 000 000	1 000 000
Cash, Bank	2 957 000	2 877 000	2 407 000	2 707 000
Total Current Assets	6 919 000	6 885 000	4 219 000	5 814 000
Total Assets	8 067 000	8 233 000	5 830 000	6 933 000
Total Equity	8 059 000	8 228 000	5 441 000	5 287 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	5 000	201 000	248 000
Unpaid Taxes	0	0	0	734 000
Dividends	0	0	0	0
Other Current Debt	0	0	143 000	277 000
Total Current Debt	7 000	5 000	389 000	1 646 000
Total Equity and Debt	8 067 000	8 233 000	5 830 000	6 933 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,1 %	33,87 %	2,83 %	25,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	7,08 %	21,8 %
Current Ratio	988,43	1 377	10,85	3,53
Quick Ratio	988,43	1 377	10,85	3,53
Equity Ratio	1	1	0,93	0,76
Gross Profit Margin	-	-	20,7 %	76,54 %