HYDROPHILIC AS

4056 TANANGER

Finances

Return on Equity

−78,84 %

Current Ratio

4,01

Debt-to-Equity Ratio

2,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 051 000	8 260 000	8 000 000	2 000 000
Net Income	−4 878 000	−2 650 000	507 000	−161 000
Total Assets	23 369 000	22 085 000	14 758 000	6 944 000
Total Equity	6 187 000	9 135 000	3 885 000	1 478 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 051 000	8 260 000	8 000 000	2 000 000
Expenditure	8 617 000	10 908 000	7 498 000	2 166 000
Operating Profit	−4 565 000	−2 649 000	501 000	−166 000
Financial Income	37 000	0	8 000	5 000
Financial Costs	350 000	1 000	2 000	0
Financial Balance	−313 000	−1 000	6 000	5 000
Earnings Before Tax	−4 878 000	−2 650 000	507 000	−161 000
Tax	0	0	0	0
Net Income	−4 878 000	−2 650 000	507 000	−161 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 012 000	9 435 000	4 462 000	3 665 000
Total Current Assets	7 357 000	12 650 000	10 296 000	3 280 000
Total Assets	23 369 000	22 085 000	14 758 000	6 944 000
Total Retained Equity	0	−1 373 000	1 283 000	776 000
Total Equity	6 187 000	9 135 000	3 885 000	1 478 000
Total Long-Term Debt	15 346 000	10 000 000	9 000 000	4 000 000
Total Current Debt	1 836 000	2 950 000	1 873 000	1 466 000
Total Equity and Debt	23 369 000	22 085 000	14 758 000	6 944 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 051 000	8 260 000	8 000 000	2 000 000
Other Income	0	0	0	0
Revenue	4 051 000	8 260 000	8 000 000	2 000 000
Cost of Goods Sold	4 000 000	8 225 000	3 773 000	0
Salary Costs	2 763 000	1 719 000	1 520 000	1 157 000
Depreciation	119 000	123 000	91 000	12 000
Impairment	0	0	0	0
Expenditure	8 617 000	10 908 000	7 498 000	2 166 000
Operating Profit	−4 565 000	−2 649 000	501 000	−166 000
Financial Income	37 000	0	8 000	5 000
Financial Costs	350 000	1 000	2 000	0
Financial Balance	−313 000	−1 000	6 000	5 000
Dividends	0	0	0	0
Net Income	−4 878 000	−2 650 000	507 000	−161 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 374 000	8 760 000	3 765 000	3 649 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	38 000	75 000	97 000	16 000
Total Tangible Assets	38 000	75 000	97 000	16 000
Total Fiancial Fixed Assets	600 000	600 000	600 000	0
Total Fixed Assets	16 012 000	9 435 000	4 462 000	3 665 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 452 000	5 409 000	6 637 000	2 141 000
Total Current Assets	7 357 000	12 650 000	10 296 000	3 280 000
Total Assets	23 369 000	22 085 000	14 758 000	6 944 000
Total Equity	6 187 000	9 135 000	3 885 000	1 478 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 346 000	10 000 000	9 000 000	4 000 000
Creditors	1 010 000	2 540 000	873 000	860 000
Unpaid Taxes	160 000	187 000	730 000	159 000
Dividends	0	0	0	0
Other Current Debt	666 000	222 000	270 000	447 000
Total Current Debt	1 836 000	2 950 000	1 873 000	1 466 000
Total Equity and Debt	23 369 000	22 085 000	14 758 000	6 944 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−78,84 %	−29,01 %	13,05 %	−10,89 %
Debt-to-Equity Ratio	2,48	1,09	2,32	2,71
Operating Profit Margin	−112,69 %	−32,07 %	6,26 %	−8,3 %
Current Ratio	4,01	4,29	5,5	2,24
Quick Ratio	4,01	4,29	5,5	2,24
Equity Ratio	0,26	0,41	0,26	0,21
Gross Profit Margin	1,26 %	0,42 %	52,84 %	100 %