HYDROPONIC NORGE AS

2840 REINSVOLL

Finances

Share Ownership

Return on Equity

7,83 %

Current Ratio

0,97

Debt-to-Equity Ratio

4,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 681 000	2 328 000	1 468 000	1 786 000
Net Income	13 000	62 000	−21 000	97 000
Total Assets	1 233 000	1 660 000	1 107 000	489 000
Total Equity	166 000	152 000	91 000	112 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 681 000	2 328 000	1 468 000	1 786 000
Expenditure	2 646 000	2 204 000	1 451 000	1 682 000
Operating Profit	36 000	124 000	16 000	105 000
Financial Income	0	0	0	0
Financial Costs	34 000	50 000	37 000	8 000
Financial Balance	−34 000	−50 000	−37 000	−8 000
Earnings Before Tax	3 000	73 000	−21 000	97 000
Tax	−11 000	11 000	0	0
Net Income	13 000	62 000	−21 000	97 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	977 000	1 393 000	868 000	240 000
Total Current Assets	257 000	267 000	239 000	249 000
Total Assets	1 233 000	1 660 000	1 107 000	489 000
Total Retained Equity	136 000	122 000	61 000	82 000
Total Equity	166 000	152 000	91 000	112 000
Total Long-Term Debt	802 000	1 360 000	995 000	216 000
Total Current Debt	265 000	148 000	21 000	161 000
Total Equity and Debt	1 233 000	1 660 000	1 107 000	489 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 681 000	2 328 000	1 468 000	1 786 000
Other Income	0	0	0	0
Revenue	2 681 000	2 328 000	1 468 000	1 786 000
Cost of Goods Sold	582 000	540 000	140 000	274 000
Salary Costs	190 000	99 000	92 000	261 000
Depreciation	267 000	140 000	87 000	0
Impairment	0	0	0	0
Expenditure	2 646 000	2 204 000	1 451 000	1 682 000
Operating Profit	36 000	124 000	16 000	105 000
Financial Income	0	0	0	0
Financial Costs	34 000	50 000	37 000	8 000
Financial Balance	−34 000	−50 000	−37 000	−8 000
Dividends	0	0	0	0
Net Income	13 000	62 000	−21 000	97 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	18 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	959 000	1 393 000	868 000	240 000
Total Tangible Assets	977 000	1 393 000	868 000	240 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	977 000	1 393 000	868 000	240 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	241 000	245 000	218 000	249 000
Total Current Assets	257 000	267 000	239 000	249 000
Total Assets	1 233 000	1 660 000	1 107 000	489 000
Total Equity	166 000	152 000	91 000	112 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	802 000	1 360 000	995 000	216 000
Creditors	96 000	126 000	1 000	26 000
Unpaid Taxes	37 000	−1 000	7 000	76 000
Dividends	0	0	0	0
Other Current Debt	20 000	11 000	12 000	59 000
Total Current Debt	265 000	148 000	21 000	161 000
Total Equity and Debt	1 233 000	1 660 000	1 107 000	489 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,83 %	40,79 %	−23,08 %	86,61 %
Debt-to-Equity Ratio	4,83	8,95	10,93	1,93
Operating Profit Margin	1,34 %	5,33 %	1,09 %	5,88 %
Current Ratio	0,97	1,8	11,38	1,55
Quick Ratio	0,97	1,8	11,38	1,55
Equity Ratio	0,13	0,09	0,08	0,23
Gross Profit Margin	78,29 %	76,8 %	90,46 %	84,66 %