HYDROGENPRO ASA

3936 PORSGRUNN

Finances

Return on Equity

−20,52 %

Current Ratio

3,05

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 414 000	20 036 000	26 694 000	25 156 000
Net Income	−89 819 000	−56 432 000	−15 967 000	−12 871 000
Total Assets	573 164 000	528 089 000	569 956 000	27 067 000
Total Equity	437 818 000	511 256 000	515 677 000	−15 536 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 414 000	20 036 000	26 694 000	25 156 000
Expenditure	175 656 000	80 497 000	32 655 000	39 763 000
Operating Profit	−119 242 000	−60 461 000	−5 961 000	−14 607 000
Financial Income	40 359 000	4 374 000	1 905 000	1 106 000
Financial Costs	11 016 000	1 321 000	4 185 000	3 119 000
Financial Balance	29 343 000	3 053 000	−2 280 000	−2 013 000
Earnings Before Tax	−89 899 000	−57 407 000	−8 241 000	−16 620 000
Tax	−80 000	−975 000	7 727 000	−3 749 000
Net Income	−89 819 000	−56 432 000	−15 967 000	−12 871 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	194 453 000	124 890 000	58 122 000	13 743 000
Total Current Assets	378 711 000	403 199 000	511 835 000	13 324 000
Total Assets	573 164 000	528 089 000	569 956 000	27 067 000
Total Retained Equity	−177 507 000	−91 744 000	−35 648 000	−26 871 000
Total Equity	437 818 000	511 256 000	515 677 000	−15 536 000
Total Long-Term Debt	11 332 000	1 365 000	10 307 000	23 264 000
Total Current Debt	124 014 000	15 468 000	43 972 000	19 339 000
Total Equity and Debt	573 164 000	528 089 000	569 956 000	27 067 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	56 414 000	20 036 000	26 557 000	25 156 000
Other Income	0	0	136 000	0
Revenue	56 414 000	20 036 000	26 694 000	25 156 000
Cost of Goods Sold	44 372 000	11 632 000	6 323 000	15 452 000
Salary Costs	62 768 000	32 878 000	10 988 000	7 706 000
Depreciation	13 990 000	5 215 000	357 000	49 000
Impairment	0	0	0	0
Expenditure	175 656 000	80 497 000	32 655 000	39 763 000
Operating Profit	−119 242 000	−60 461 000	−5 961 000	−14 607 000
Financial Income	40 359 000	4 374 000	1 905 000	1 106 000
Financial Costs	11 016 000	1 321 000	4 185 000	3 119 000
Financial Balance	29 343 000	3 053 000	−2 280 000	−2 013 000
Dividends	0	0	0	0
Net Income	−89 819 000	−56 432 000	−15 967 000	−12 871 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	64 415 000	49 945 000	55 308 000	13 620 000
Real Eastate	73 162 000	2 975 000	0	0
Machinery and Plant Facilities	0	20 030 000	2 716 000	0
Fixtures	0	2 608 000	41 000	66 000
Total Tangible Assets	73 162 000	25 613 000	2 756 000	66 000
Total Fiancial Fixed Assets	56 876 000	49 332 000	57 000	57 000
Total Fixed Assets	194 453 000	124 890 000	58 122 000	13 743 000
Stock	35 762 000	308 000	0	0
Total Investments	0	0	0	0
Cash, Bank	257 022 000	382 255 000	506 111 000	9 992 000
Total Current Assets	378 711 000	403 199 000	511 835 000	13 324 000
Total Assets	573 164 000	528 089 000	569 956 000	27 067 000
Total Equity	437 818 000	511 256 000	515 677 000	−15 536 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 332 000	1 365 000	10 307 000	23 264 000
Creditors	20 578 000	3 290 000	7 184 000	3 193 000
Unpaid Taxes	10 797 000	5 071 000	1 102 000	796 000
Dividends	0	0	0	0
Other Current Debt	92 639 000	5 497 000	35 686 000	15 350 000
Total Current Debt	124 014 000	15 468 000	43 972 000	19 339 000
Total Equity and Debt	573 164 000	528 089 000	569 956 000	27 067 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,52 %	−11,04 %	−3,1 %	82,85 %
Debt-to-Equity Ratio	0,03	0	0,02	−1,5
Operating Profit Margin	−211,37 %	−301,76 %	−22,33 %	−58,07 %
Current Ratio	3,05	26,07	11,64	0,69
Quick Ratio	4,29	26,6	11,64	0,69
Equity Ratio	0,76	0,97	0,9	−0,57
Gross Profit Margin	21,35 %	41,94 %	76,31 %	38,58 %