HYDRATECH AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

24 %

Current Ratio

1,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 434 000	22 970 000	19 168 000	20 993 000
Net Income	1 338 000	1 081 000	556 000	1 020 000
Total Assets	17 565 000	13 606 000	11 283 000	12 250 000
Total Equity	5 576 000	6 393 000	6 951 000	6 805 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 434 000	22 970 000	19 168 000	20 993 000
Expenditure	27 675 000	21 615 000	18 466 000	19 601 000
Operating Profit	1 759 000	1 355 000	703 000	1 392 000
Financial Income	88 000	147 000	138 000	17 000
Financial Costs	125 000	113 000	123 000	86 000
Financial Balance	−37 000	34 000	15 000	−69 000
Earnings Before Tax	1 722 000	1 389 000	717 000	1 322 000
Tax	384 000	308 000	161 000	302 000
Net Income	1 338 000	1 081 000	556 000	1 020 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	836 000	458 000	367 000	315 000
Total Current Assets	16 729 000	13 148 000	10 916 000	11 935 000
Total Assets	17 565 000	13 606 000	11 283 000	12 250 000
Total Retained Equity	698 000	1 515 000	2 073 000	1 927 000
Total Equity	5 576 000	6 393 000	6 951 000	6 805 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 989 000	7 214 000	4 332 000	5 446 000
Total Equity and Debt	17 565 000	13 606 000	11 283 000	12 250 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 339 000	22 970 000	19 123 000	20 993 000
Other Income	95 000	0	45 000	0
Revenue	29 434 000	22 970 000	19 168 000	20 993 000
Cost of Goods Sold	20 545 000	15 992 000	12 228 000	13 308 000
Salary Costs	5 000 000	4 028 000	4 001 000	3 888 000
Depreciation	121 000	88 000	52 000	35 000
Impairment	0	0	0	750 000
Expenditure	27 675 000	21 615 000	18 466 000	19 601 000
Operating Profit	1 759 000	1 355 000	703 000	1 392 000
Financial Income	88 000	147 000	138 000	17 000
Financial Costs	125 000	113 000	123 000	86 000
Financial Balance	−37 000	34 000	15 000	−69 000
Dividends	0	0	0	0
Net Income	1 338 000	1 081 000	556 000	1 020 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	514 000	290 000	136 000	179 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	322 000	168 000	231 000	136 000
Total Tangible Assets	322 000	168 000	231 000	136 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	836 000	458 000	367 000	315 000
Stock	8 435 000	8 456 000	7 276 000	6 221 000
Total Investments	0	0	0	0
Cash, Bank	227 000	1 506 000	1 493 000	125 000
Total Current Assets	16 729 000	13 148 000	10 916 000	11 935 000
Total Assets	17 565 000	13 606 000	11 283 000	12 250 000
Total Equity	5 576 000	6 393 000	6 951 000	6 805 000
Short-Term Group Debt	4 741 000	3 036 000	935 000	1 361 000
Total Long-Term Debt	0	0	0	0
Creditors	2 696 000	1 256 000	1 481 000	1 282 000
Unpaid Taxes	1 586 000	1 425 000	703 000	1 312 000
Dividends	0	0	0	0
Other Current Debt	1 834 000	1 496 000	1 213 000	1 481 000
Total Current Debt	11 989 000	7 214 000	4 332 000	5 446 000
Total Equity and Debt	17 565 000	13 606 000	11 283 000	12 250 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24 %	16,91 %	8 %	14,99 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,98 %	5,9 %	3,67 %	6,63 %
Current Ratio	1,4	1,82	2,52	2,19
Quick Ratio	4,71	−10,59	−3,71	−15,4
Equity Ratio	0,32	0,47	0,62	0,56
Gross Profit Margin	30,2 %	30,38 %	36,21 %	36,61 %