HOG SOLUTIONS AS

4346 BRYNE

Finances

Share Ownership

Return on Equity

29,79 %

Current Ratio

0,78

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 019 000	1 433 000	2 026 000	2 828 000
Net Income	−56 000	−25 000	−206 000	58 000
Total Assets	257 000	405 000	417 000	850 000
Total Equity	−188 000	−132 000	−118 000	77 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 019 000	1 433 000	2 026 000	2 828 000
Expenditure	1 020 000	1 458 000	2 232 000	2 760 000
Operating Profit	−2 000	−25 000	−206 000	68 000
Financial Income	0	0	0	0
Financial Costs	9 000	0	0	11 000
Financial Balance	−9 000	0	0	−11 000
Earnings Before Tax	−10 000	−25 000	−206 000	58 000
Tax	45 000	0	0	0
Net Income	−56 000	−25 000	−206 000	58 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	−90 000	155 000	204 000	284 000
Total Current Assets	347 000	250 000	213 000	566 000
Total Assets	257 000	405 000	417 000	850 000
Total Retained Equity	−228 000	−172 000	−158 000	37 000
Total Equity	−188 000	−132 000	−118 000	77 000
Total Long-Term Debt	−1 000	48 000	141 000	230 000
Total Current Debt	446 000	490 000	394 000	543 000
Total Equity and Debt	257 000	405 000	417 000	850 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 019 000	1 433 000	2 026 000	2 828 000
Other Income	0	0	0	0
Revenue	1 019 000	1 433 000	2 026 000	2 828 000
Cost of Goods Sold	264 000	427 000	911 000	1 386 000
Salary Costs	531 000	634 000	895 000	840 000
Depreciation	0	49 000	82 000	88 000
Impairment	0	0	0	0
Expenditure	1 020 000	1 458 000	2 232 000	2 760 000
Operating Profit	−2 000	−25 000	−206 000	68 000
Financial Income	0	0	0	0
Financial Costs	9 000	0	0	11 000
Financial Balance	−9 000	0	0	−11 000
Dividends	0	0	0	0
Net Income	−56 000	−25 000	−206 000	58 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	0	0	0
Real Eastate	0	0	0	18 000
Machinery and Plant Facilities	0	155 000	204 000	265 000
Fixtures	−95 000	0	0	2 000
Total Tangible Assets	−95 000	155 000	204 000	284 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	−90 000	155 000	204 000	284 000
Stock	−1 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	310 000	35 000	106 000	480 000
Total Current Assets	347 000	250 000	213 000	566 000
Total Assets	257 000	405 000	417 000	850 000
Total Equity	−188 000	−132 000	−118 000	77 000
Short-Term Group Debt	0	0	74 000	0
Total Long-Term Debt	−1 000	48 000	141 000	230 000
Creditors	216 000	204 000	96 000	172 000
Unpaid Taxes	209 000	254 000	282 000	341 000
Dividends	0	0	0	0
Other Current Debt	49 000	90 000	0	69 000
Total Current Debt	446 000	490 000	394 000	543 000
Total Equity and Debt	257 000	405 000	417 000	850 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,79 %	18,94 %	174,58 %	75,32 %
Debt-to-Equity Ratio	0,01	−0,36	−1,19	2,99
Operating Profit Margin	−0,2 %	−1,74 %	−10,17 %	2,4 %
Current Ratio	0,78	0,51	0,54	1,04
Quick Ratio	0,78	0,51	0,54	1,04
Equity Ratio	−0,73	−0,33	−0,28	0,09
Gross Profit Margin	74,09 %	70,2 %	55,03 %	50,99 %