HIPTEC AS

3408 TRANBY

Finances

Share Ownership

Return on Equity

−64,92 %

Current Ratio

5,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	567 000	733 000	125 000	60 000
Net Income	−13 083 000	−18 904 000	−5 372 000	−3 523 000
Total Assets	24 318 000	35 313 000	56 956 000	4 518 000
Total Equity	20 151 000	33 233 000	51 421 000	3 287 000

Income (NOK)	2022	2021	2020	2019
Revenue	567 000	733 000	125 000	60 000
Expenditure	13 671 000	19 586 000	5 497 000	3 575 000
Operating Profit	−13 104 000	−18 853 000	−5 372 000	−3 515 000
Financial Income	51 000	47 000	20 000	13 000
Financial Costs	31 000	98 000	20 000	21 000
Financial Balance	20 000	−51 000	0	−8 000
Earnings Before Tax	−13 083 000	−18 904 000	−5 372 000	−3 523 000
Tax	0	0	0	0
Net Income	−13 083 000	−18 904 000	−5 372 000	−3 523 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	167 000	232 000	49 000	60 000
Total Current Assets	24 151 000	35 081 000	56 907 000	4 458 000
Total Assets	24 318 000	35 313 000	56 956 000	4 518 000
Total Retained Equity	−116 000	32 409 000	50 605 000	2 949 000
Total Equity	20 151 000	33 233 000	51 421 000	3 287 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 168 000	2 080 000	5 535 000	1 231 000
Total Equity and Debt	24 318 000	35 313 000	56 956 000	4 518 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	567 000	733 000	125 000	60 000
Other Income	0	0	0	0
Revenue	567 000	733 000	125 000	60 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 862 000	3 391 000	986 000	1 178 000
Depreciation	16 000	36 000	45 000	40 000
Impairment	0	0	0	0
Expenditure	13 671 000	19 586 000	5 497 000	3 575 000
Operating Profit	−13 104 000	−18 853 000	−5 372 000	−3 515 000
Financial Income	51 000	47 000	20 000	13 000
Financial Costs	31 000	98 000	20 000	21 000
Financial Balance	20 000	−51 000	0	−8 000
Dividends	0	0	0	0
Net Income	−13 083 000	−18 904 000	−5 372 000	−3 523 000

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	49 000	0
Fixtures	45 000	61 000	0	60 000
Total Tangible Assets	45 000	61 000	49 000	60 000
Total Fiancial Fixed Assets	122 000	171 000	0	0
Total Fixed Assets	167 000	232 000	49 000	60 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	19 616 000	27 908 000	53 130 000	2 578 000
Total Current Assets	24 151 000	35 081 000	56 907 000	4 458 000
Total Assets	24 318 000	35 313 000	56 956 000	4 518 000
Total Equity	20 151 000	33 233 000	51 421 000	3 287 000
Short-Term Group Debt	0	0	0	16 000
Total Long-Term Debt	0	0	0	0
Creditors	1 596 000	1 166 000	1 100 000	238 000
Unpaid Taxes	534 000	407 000	214 000	206 000
Dividends	0	0	0	0
Other Current Debt	2 037 000	507 000	4 221 000	771 000
Total Current Debt	4 168 000	2 080 000	5 535 000	1 231 000
Total Equity and Debt	24 318 000	35 313 000	56 956 000	4 518 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−64,92 %	−56,88 %	−10,45 %	−107,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2 311,11 %	−2 572,03 %	−4 297,6 %	−5 858,33 %
Current Ratio	5,79	16,87	10,28	3,62
Quick Ratio	5,79	16,87	10,28	3,62
Equity Ratio	0,83	0,94	0,9	0,73
Gross Profit Margin	100 %	100 %	100 %	100 %