HYDRASERV AS

4051 SOLA

Finances

Share Ownership

Return on Equity

−37,63 %

Current Ratio

1,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 587 000	14 444 000	10 998 000	11 184 000
Net Income	−549 000	1 541 000	506 000	1 514 000
Total Assets	3 433 000	4 192 000	3 307 000	2 829 000
Total Equity	1 459 000	2 007 000	1 176 000	979 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 587 000	14 444 000	10 998 000	11 184 000
Expenditure	10 084 000	12 473 000	10 220 000	9 147 000
Operating Profit	−496 000	1 972 000	778 000	2 036 000
Financial Income	37 000	96 000	65 000	22 000
Financial Costs	100 000	86 000	191 000	117 000
Financial Balance	−63 000	10 000	−126 000	−95 000
Earnings Before Tax	−559 000	1 981 000	652 000	1 941 000
Tax	−10 000	441 000	145 000	427 000
Net Income	−549 000	1 541 000	506 000	1 514 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	235 000	315 000	19 000	0
Total Current Assets	3 197 000	3 877 000	3 289 000	2 829 000
Total Assets	3 433 000	4 192 000	3 307 000	2 829 000
Total Retained Equity	1 437 000	1 986 000	1 155 000	957 000
Total Equity	1 459 000	2 007 000	1 176 000	979 000
Total Long-Term Debt	0	10 000	0	0
Total Current Debt	1 974 000	2 174 000	2 131 000	1 851 000
Total Equity and Debt	3 433 000	4 192 000	3 307 000	2 829 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 292 000	14 035 000	10 107 000	10 617 000
Other Income	295 000	409 000	891 000	567 000
Revenue	9 587 000	14 444 000	10 998 000	11 184 000
Cost of Goods Sold	5 725 000	9 088 000	7 396 000	6 826 000
Salary Costs	3 219 000	2 682 000	2 272 000	1 680 000
Depreciation	66 000	29 000	4 000	9 000
Impairment	0	0	0	0
Expenditure	10 084 000	12 473 000	10 220 000	9 147 000
Operating Profit	−496 000	1 972 000	778 000	2 036 000
Financial Income	37 000	96 000	65 000	22 000
Financial Costs	100 000	86 000	191 000	117 000
Financial Balance	−63 000	10 000	−126 000	−95 000
Dividends	0	700 000	300 000	500 000
Net Income	−549 000	1 541 000	506 000	1 514 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	235 000	315 000	19 000	0
Total Tangible Assets	235 000	315 000	19 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	235 000	315 000	19 000	0
Stock	971 000	494 000	527 000	335 000
Total Investments	0	0	0	0
Cash, Bank	350 000	2 772 000	2 096 000	1 731 000
Total Current Assets	3 197 000	3 877 000	3 289 000	2 829 000
Total Assets	3 433 000	4 192 000	3 307 000	2 829 000
Total Equity	1 459 000	2 007 000	1 176 000	979 000
Short-Term Group Debt	40 000	40 000	28 000	58 000
Total Long-Term Debt	0	10 000	0	0
Creditors	899 000	335 000	756 000	490 000
Unpaid Taxes	703 000	435 000	678 000	213 000
Dividends	0	700 000	300 000	500 000
Other Current Debt	331 000	236 000	227 000	174 000
Total Current Debt	1 974 000	2 174 000	2 131 000	1 851 000
Total Equity and Debt	3 433 000	4 192 000	3 307 000	2 829 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−37,63 %	76,78 %	43,03 %	154,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−5,17 %	13,65 %	7,07 %	18,2 %
Current Ratio	1,62	1,78	1,54	1,53
Quick Ratio	3,19	2,31	2,05	1,87
Equity Ratio	0,42	0,48	0,36	0,35
Gross Profit Margin	40,28 %	37,08 %	32,75 %	38,97 %