HTEC AS

2825 GJØVIK

Finances

Share Ownership

Return on Equity

−150 %

Current Ratio

0,43

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	395 000	264 000	53 000	39 000
Net Income	54 000	1 000	4 000	−69 000
Total Assets	266 000	225 000	296 000	315 000
Total Equity	−36 000	−90 000	−91 000	−95 000

Income (NOK)	2022	2021	2020	2019
Revenue	395 000	264 000	53 000	39 000
Expenditure	325 000	263 000	48 000	127 000
Operating Profit	70 000	1 000	5 000	−89 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	70 000	1 000	5 000	−89 000
Tax	15 000	0	1 000	−20 000
Net Income	54 000	1 000	4 000	−69 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	137 000	183 000	205 000	221 000
Total Current Assets	130 000	42 000	90 000	94 000
Total Assets	266 000	225 000	296 000	315 000
Total Retained Equity	−66 000	−120 000	−121 000	−125 000
Total Equity	−36 000	−90 000	−91 000	−95 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	302 000	316 000	387 000	410 000
Total Equity and Debt	266 000	225 000	296 000	315 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	395 000	264 000	53 000	39 000
Other Income	0	0	0	0
Revenue	395 000	264 000	53 000	39 000
Cost of Goods Sold	20 000	21 000	3 000	36 000
Salary Costs	169 000	179 000	0	0
Depreciation	34 000	34 000	31 000	40 000
Impairment	0	0	0	0
Expenditure	325 000	263 000	48 000	127 000
Operating Profit	70 000	1 000	5 000	−89 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	54 000	1 000	4 000	−69 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	19 000	34 000	34 000	35 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	118 000	149 000	171 000	186 000
Total Tangible Assets	118 000	149 000	171 000	186 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	137 000	183 000	205 000	221 000
Stock	10 000	15 000	36 000	54 000
Total Investments	0	0	0	0
Cash, Bank	45 000	2 000	4 000	1 000
Total Current Assets	130 000	42 000	90 000	94 000
Total Assets	266 000	225 000	296 000	315 000
Total Equity	−36 000	−90 000	−91 000	−95 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	1 000	−1 000	0
Unpaid Taxes	33 000	48 000	5 000	5 000
Dividends	0	0	0	0
Other Current Debt	267 000	267 000	382 000	404 000
Total Current Debt	302 000	316 000	387 000	410 000
Total Equity and Debt	266 000	225 000	296 000	315 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−150 %	−1,11 %	−4,4 %	72,63 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	17,72 %	0,38 %	9,43 %	−228,21 %
Current Ratio	0,43	0,13	0,23	0,23
Quick Ratio	0,45	0,14	0,26	0,26
Equity Ratio	−0,14	−0,4	−0,31	−0,3
Gross Profit Margin	94,94 %	92,05 %	94,34 %	7,69 %