HARDEX AS

5355 KNARREVIK

Finances

Share Ownership

Return on Equity

54,85 %

Current Ratio

1,84

Debt-to-Equity Ratio

1,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 785 000	1 319 000	1 565 000	2 034 000
Net Income	226 000	356 000	−121 000	159 000
Total Assets	1 586 000	619 000	772 000	418 000
Total Equity	412 000	186 000	−170 000	−48 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 785 000	1 319 000	1 565 000	2 034 000
Expenditure	1 501 000	858 000	1 693 000	1 857 000
Operating Profit	283 000	462 000	−130 000	177 000
Financial Income	0	0	0	0
Financial Costs	58 000	6 000	6 000	3 000
Financial Balance	−58 000	−6 000	−6 000	−3 000
Earnings Before Tax	226 000	456 000	−136 000	174 000
Tax	0	100 000	−14 000	14 000
Net Income	226 000	356 000	−121 000	159 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	626 000	142 000	61 000	43 000
Total Current Assets	959 000	476 000	711 000	376 000
Total Assets	1 586 000	619 000	772 000	418 000
Total Retained Equity	382 000	156 000	−200 000	−78 000
Total Equity	412 000	186 000	−170 000	−48 000
Total Long-Term Debt	653 000	102 000	102 000	104 000
Total Current Debt	521 000	330 000	839 000	363 000
Total Equity and Debt	1 586 000	619 000	772 000	418 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 785 000	1 312 000	1 565 000	2 034 000
Other Income	0	7 000	0	0
Revenue	1 785 000	1 319 000	1 565 000	2 034 000
Cost of Goods Sold	225 000	183 000	128 000	197 000
Salary Costs	556 000	158 000	1 096 000	1 124 000
Depreciation	140 000	37 000	17 000	14 000
Impairment	0	0	0	0
Expenditure	1 501 000	858 000	1 693 000	1 857 000
Operating Profit	283 000	462 000	−130 000	177 000
Financial Income	0	0	0	0
Financial Costs	58 000	6 000	6 000	3 000
Financial Balance	−58 000	−6 000	−6 000	−3 000
Dividends	0	0	0	0
Net Income	226 000	356 000	−121 000	159 000

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	262 000	15 000	19 000	0
Fixtures	345 000	108 000	42 000	43 000
Total Tangible Assets	607 000	123 000	61 000	43 000
Total Fiancial Fixed Assets	19 000	19 000	0	0
Total Fixed Assets	626 000	142 000	61 000	43 000
Stock	1 000	1 000	0	0
Total Investments	0	0	0	0
Cash, Bank	297 000	71 000	115 000	201 000
Total Current Assets	959 000	476 000	711 000	376 000
Total Assets	1 586 000	619 000	772 000	418 000
Total Equity	412 000	186 000	−170 000	−48 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	653 000	102 000	102 000	104 000
Creditors	185 000	148 000	110 000	82 000
Unpaid Taxes	142 000	31 000	248 000	47 000
Dividends	0	0	0	0
Other Current Debt	193 000	51 000	481 000	220 000
Total Current Debt	521 000	330 000	839 000	363 000
Total Equity and Debt	1 586 000	619 000	772 000	418 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,85 %	191,4 %	71,18 %	−331,25 %
Debt-to-Equity Ratio	1,58	0,55	−0,6	−2,17
Operating Profit Margin	15,85 %	35,03 %	−8,31 %	8,7 %
Current Ratio	1,84	1,44	0,85	1,04
Quick Ratio	1,84	1,45	0,85	1,04
Equity Ratio	0,26	0,3	−0,22	−0,11
Gross Profit Margin	87,39 %	86,13 %	91,82 %	90,31 %