HYDROIL AS

6800 FØRDE

Finances

Return on Equity

6,75 %

Current Ratio

5,91

Debt-to-Equity Ratio

1,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 420 000	1 629 000	2 881 000	831 000
Net Income	113 000	123 000	991 000	20 000
Total Assets	4 609 000	4 491 000	2 233 000	917 000
Total Equity	1 673 000	1 560 000	1 437 000	556 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 420 000	1 629 000	2 881 000	831 000
Expenditure	1 268 000	1 461 000	1 597 000	797 000
Operating Profit	151 000	168 000	1 284 000	34 000
Financial Income	7 000	5 000	3 000	1 000
Financial Costs	8 000	15 000	17 000	10 000
Financial Balance	−1 000	−10 000	−14 000	−9 000
Earnings Before Tax	150 000	159 000	1 271 000	26 000
Tax	37 000	36 000	280 000	6 000
Net Income	113 000	123 000	991 000	20 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 795 000	2 871 000	448 000	31 000
Total Current Assets	1 814 000	1 620 000	1 785 000	886 000
Total Assets	4 609 000	4 491 000	2 233 000	917 000
Total Retained Equity	1 643 000	1 530 000	1 407 000	526 000
Total Equity	1 673 000	1 560 000	1 437 000	556 000
Total Long-Term Debt	2 629 000	2 694 000	287 000	2 000
Total Current Debt	307 000	237 000	509 000	359 000
Total Equity and Debt	4 609 000	4 491 000	2 233 000	917 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 420 000	1 629 000	2 881 000	829 000
Other Income	0	0	0	1 000
Revenue	1 420 000	1 629 000	2 881 000	831 000
Cost of Goods Sold	891 000	1 091 000	1 310 000	609 000
Salary Costs	0	−1 000	5 000	39 000
Depreciation	76 000	76 000	34 000	2 000
Impairment	0	0	0	0
Expenditure	1 268 000	1 461 000	1 597 000	797 000
Operating Profit	151 000	168 000	1 284 000	34 000
Financial Income	7 000	5 000	3 000	1 000
Financial Costs	8 000	15 000	17 000	10 000
Financial Balance	−1 000	−10 000	−14 000	−9 000
Dividends	0	0	110 000	0
Net Income	113 000	123 000	991 000	20 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	48 000	66 000	84 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	248 000	306 000	364 000	31 000
Total Tangible Assets	248 000	306 000	364 000	31 000
Total Fiancial Fixed Assets	2 499 000	2 499 000	0	0
Total Fixed Assets	2 795 000	2 871 000	448 000	31 000
Stock	800 000	993 000	595 000	338 000
Total Investments	0	0	0	0
Cash, Bank	932 000	413 000	1 096 000	280 000
Total Current Assets	1 814 000	1 620 000	1 785 000	886 000
Total Assets	4 609 000	4 491 000	2 233 000	917 000
Total Equity	1 673 000	1 560 000	1 437 000	556 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 629 000	2 694 000	287 000	2 000
Creditors	232 000	143 000	191 000	18 000
Unpaid Taxes	35 000	47 000	51 000	42 000
Dividends	0	0	110 000	0
Other Current Debt	4 000	0	2 000	295 000
Total Current Debt	307 000	237 000	509 000	359 000
Total Equity and Debt	4 609 000	4 491 000	2 233 000	917 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,75 %	7,88 %	68,96 %	3,6 %
Debt-to-Equity Ratio	1,57	1,73	0,2	0
Operating Profit Margin	10,63 %	10,31 %	44,57 %	4,09 %
Current Ratio	5,91	6,84	3,51	2,47
Quick Ratio	−3,68	−2,14	−20,76	42,19
Equity Ratio	0,36	0,35	0,64	0,61
Gross Profit Margin	37,25 %	33,03 %	54,53 %	26,71 %