HYDROGEN MEM-TECH AS

7038 TRONDHEIM

Finances

Share Ownership

Return on Equity

−33,13 %

Current Ratio

12,75

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 118 000	7 369 000	4 974 000	3 950 000
Net Income	−40 486 000	−20 382 000	−5 810 000	−6 866 000
Total Assets	136 624 000	56 340 000	56 060 000	43 997 000
Total Equity	122 213 000	41 532 000	47 464 000	17 590 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 118 000	7 369 000	4 974 000	3 950 000
Expenditure	35 948 000	27 556 000	10 544 000	10 641 000
Operating Profit	−34 829 000	−20 187 000	−5 570 000	−6 691 000
Financial Income	1 024 000	22 000	3 000	39 000
Financial Costs	6 680 000	216 000	242 000	336 000
Financial Balance	−5 656 000	−194 000	−239 000	−297 000
Earnings Before Tax	−40 486 000	−20 382 000	−5 810 000	−6 987 000
Tax	0	0	0	−121 000
Net Income	−40 486 000	−20 382 000	−5 810 000	−6 866 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 887 000	49 424 000	54 788 000	41 984 000
Total Current Assets	81 737 000	6 916 000	1 272 000	2 013 000
Total Assets	136 624 000	56 340 000	56 060 000	43 997 000
Total Retained Equity	0	0	0	−5 414 000
Total Equity	122 213 000	41 532 000	47 464 000	17 590 000
Total Long-Term Debt	8 000 000	4 800 000	5 400 000	5 600 000
Total Current Debt	6 411 000	10 007 000	3 196 000	20 807 000
Total Equity and Debt	136 624 000	56 340 000	56 060 000	43 997 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	863 000	7 203 000	0	3 950 000
Other Income	255 000	167 000	4 974 000	0
Revenue	1 118 000	7 369 000	4 974 000	3 950 000
Cost of Goods Sold	963 000	4 175 000	0	241 000
Salary Costs	13 566 000	6 060 000	1 867 000	1 877 000
Depreciation	6 674 000	3 562 000	3 818 000	2 704 000
Impairment	0	0	0	0
Expenditure	35 948 000	27 556 000	10 544 000	10 641 000
Operating Profit	−34 829 000	−20 187 000	−5 570 000	−6 691 000
Financial Income	1 024 000	22 000	3 000	39 000
Financial Costs	6 680 000	216 000	242 000	336 000
Financial Balance	−5 656 000	−194 000	−239 000	−297 000
Dividends	0	0	0	0
Net Income	−40 486 000	−20 382 000	−5 810 000	−6 866 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	100 000	500 000	900 000
Total Intangible Assets	44 043 000	41 666 000	33 855 000	17 829 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	8 117 000	5 011 000	17 489 000	19 526 000
Fixtures	2 327 000	2 347 000	3 045 000	4 229 000
Total Tangible Assets	10 444 000	7 358 000	20 534 000	23 756 000
Total Fiancial Fixed Assets	400 000	400 000	400 000	400 000
Total Fixed Assets	54 887 000	49 424 000	54 788 000	41 984 000
Stock	6 651 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	69 574 000	1 754 000	495 000	1 619 000
Total Current Assets	81 737 000	6 916 000	1 272 000	2 013 000
Total Assets	136 624 000	56 340 000	56 060 000	43 997 000
Total Equity	122 213 000	41 532 000	47 464 000	17 590 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000 000	4 800 000	5 400 000	5 600 000
Creditors	3 131 000	1 314 000	2 055 000	1 223 000
Unpaid Taxes	1 547 000	711 000	135 000	137 000
Dividends	0	0	0	0
Other Current Debt	1 733 000	982 000	1 006 000	1 247 000
Total Current Debt	6 411 000	10 007 000	3 196 000	20 807 000
Total Equity and Debt	136 624 000	56 340 000	56 060 000	43 997 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−33,13 %	−49,08 %	−12,24 %	−39,03 %
Debt-to-Equity Ratio	0,07	0,12	0,11	0,32
Operating Profit Margin	−3 115,3 %	−273,94 %	−111,98 %	−169,39 %
Current Ratio	12,75	0,69	0,4	0,1
Quick Ratio	−340,57	0,69	0,4	0,1
Equity Ratio	0,89	0,74	0,85	0,4
Gross Profit Margin	13,86 %	43,34 %	100 %	93,9 %