HYGOTECH AS

0661 OSLO

Finances

Share Ownership

Return on Equity

−20,17 %

Current Ratio

8,46

Debt-to-Equity Ratio

0,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 368 000	2 146 000	1 522 000	1 545 000
Net Income	−782 000	−1 801 000	−558 000	−385 000
Total Assets	5 828 000	3 867 000	3 626 000	3 054 000
Total Equity	3 877 000	3 162 000	1 738 000	1 009 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 368 000	2 146 000	1 522 000	1 545 000
Expenditure	3 456 000	4 515 000	2 358 000	2 040 000
Operating Profit	−1 088 000	−2 369 000	−836 000	−495 000
Financial Income	2 000	0	2 000	1 000
Financial Costs	70 000	0	1 000	0
Financial Balance	−68 000	0	1 000	1 000
Earnings Before Tax	−1 157 000	−2 369 000	−834 000	−493 000
Tax	−375 000	−568 000	−277 000	−109 000
Net Income	−782 000	−1 801 000	−558 000	−385 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 011 000	1 636 000	1 069 000	693 000
Total Current Assets	3 817 000	2 231 000	2 558 000	2 361 000
Total Assets	5 828 000	3 867 000	3 626 000	3 054 000
Total Retained Equity	−3 050 000	−2 268 000	−467 000	91 000
Total Equity	3 877 000	3 162 000	1 738 000	1 009 000
Total Long-Term Debt	1 500 000	0	0	106 000
Total Current Debt	451 000	705 000	1 889 000	1 939 000
Total Equity and Debt	5 828 000	3 867 000	3 626 000	3 054 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 117 000	2 146 000	1 522 000	1 545 000
Other Income	1 251 000	0	0	0
Revenue	2 368 000	2 146 000	1 522 000	1 545 000
Cost of Goods Sold	920 000	656 000	0	0
Salary Costs	1 364 000	832 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 456 000	4 515 000	2 358 000	2 040 000
Operating Profit	−1 088 000	−2 369 000	−836 000	−495 000
Financial Income	2 000	0	2 000	1 000
Financial Costs	70 000	0	1 000	0
Financial Balance	−68 000	0	1 000	1 000
Dividends	0	0	0	0
Net Income	−782 000	−1 801 000	−558 000	−385 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 011 000	1 636 000	1 069 000	693 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 011 000	1 636 000	1 069 000	693 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 092 000	1 173 000	568 000	32 000
Total Current Assets	3 817 000	2 231 000	2 558 000	2 361 000
Total Assets	5 828 000	3 867 000	3 626 000	3 054 000
Total Equity	3 877 000	3 162 000	1 738 000	1 009 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 500 000	0	0	106 000
Creditors	136 000	281 000	1 454 000	1 917 000
Unpaid Taxes	107 000	85 000	0	0
Dividends	0	0	0	0
Other Current Debt	208 000	340 000	0	22 000
Total Current Debt	451 000	705 000	1 889 000	1 939 000
Total Equity and Debt	5 828 000	3 867 000	3 626 000	3 054 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,17 %	−56,96 %	−32,11 %	−38,16 %
Debt-to-Equity Ratio	0,39	0	0	0,11
Operating Profit Margin	−45,95 %	−110,39 %	−54,93 %	−32,04 %
Current Ratio	8,46	3,16	1,35	1,22
Quick Ratio	8,46	3,16	1,35	1,22
Equity Ratio	0,67	0,82	0,48	0,33
Gross Profit Margin	61,15 %	69,43 %	100 %	100 %