HYDRAMECH SOLUTIONS AS

4596 EIKEN

Finances

Share Ownership

Return on Equity

31,5 %

Current Ratio

0,86

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 796 000	14 734 000	46 387 000	36 593 000
Net Income	252 000	77 000	6 612 000	3 487 000
Total Assets	4 033 000	7 268 000	19 347 000	14 375 000
Total Equity	800 000	1 015 000	2 486 000	2 486 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 796 000	14 734 000	46 387 000	36 593 000
Expenditure	11 428 000	14 621 000	37 943 000	32 010 000
Operating Profit	367 000	113 000	8 443 000	4 584 000
Financial Income	46 000	18 000	211 000	14 000
Financial Costs	90 000	31 000	172 000	119 000
Financial Balance	−44 000	−13 000	39 000	−105 000
Earnings Before Tax	324 000	99 000	8 482 000	4 479 000
Tax	71 000	22 000	1 870 000	992 000
Net Income	252 000	77 000	6 612 000	3 487 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 268 000	1 371 000	328 000	183 000
Total Current Assets	2 765 000	5 897 000	19 019 000	14 192 000
Total Assets	4 033 000	7 268 000	19 347 000	14 375 000
Total Retained Equity	0	215 000	1 686 000	1 686 000
Total Equity	800 000	1 015 000	2 486 000	2 486 000
Total Long-Term Debt	18 000	126 000	742 000	322 000
Total Current Debt	3 215 000	6 127 000	16 119 000	11 566 000
Total Equity and Debt	4 033 000	7 268 000	19 347 000	14 375 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 234 000	14 734 000	46 387 000	36 593 000
Other Income	562 000	0	0	0
Revenue	11 796 000	14 734 000	46 387 000	36 593 000
Cost of Goods Sold	7 317 000	9 781 000	30 676 000	23 490 000
Salary Costs	3 367 000	4 020 000	5 597 000	6 361 000
Depreciation	102 000	104 000	104 000	182 000
Impairment	0	0	0	0
Expenditure	11 428 000	14 621 000	37 943 000	32 010 000
Operating Profit	367 000	113 000	8 443 000	4 584 000
Financial Income	46 000	18 000	211 000	14 000
Financial Costs	90 000	31 000	172 000	119 000
Financial Balance	−44 000	−13 000	39 000	−105 000
Dividends	0	0	6 612 000	3 487 000
Net Income	252 000	77 000	6 612 000	3 487 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	876 000	876 000	0	0
Machinery and Plant Facilities	267 000	321 000	83 000	115 000
Fixtures	126 000	174 000	246 000	68 000
Total Tangible Assets	1 268 000	1 371 000	328 000	183 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 268 000	1 371 000	328 000	183 000
Stock	556 000	455 000	68 000	279 000
Total Investments	0	0	0	0
Cash, Bank	775 000	2 236 000	7 111 000	5 794 000
Total Current Assets	2 765 000	5 897 000	19 019 000	14 192 000
Total Assets	4 033 000	7 268 000	19 347 000	14 375 000
Total Equity	800 000	1 015 000	2 486 000	2 486 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 000	126 000	742 000	322 000
Creditors	1 465 000	1 000 000	3 331 000	1 674 000
Unpaid Taxes	202 000	247 000	287 000	348 000
Dividends	0	0	6 612 000	3 487 000
Other Current Debt	1 501 000	4 678 000	11 050 000	8 014 000
Total Current Debt	3 215 000	6 127 000	16 119 000	11 566 000
Total Equity and Debt	4 033 000	7 268 000	19 347 000	14 375 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,5 %	7,59 %	265,97 %	140,27 %
Debt-to-Equity Ratio	0,02	0,12	0,3	0,13
Operating Profit Margin	3,11 %	0,77 %	18,2 %	12,53 %
Current Ratio	0,86	0,96	1,18	1,23
Quick Ratio	1,04	1,04	1,18	1,26
Equity Ratio	0,2	0,14	0,13	0,17
Gross Profit Margin	37,97 %	33,62 %	33,87 %	35,81 %