HICOM AS

3570 ÅL

Finances

Return on Equity

64,85 %

Current Ratio

0,71

Debt-to-Equity Ratio

−0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 635 000	17 129 000	7 872 000	8 324 000
Net Income	−546 000	233 000	253 000	−1 015 000
Total Assets	2 826 000	2 737 000	8 966 000	7 767 000
Total Equity	−842 000	−296 000	−529 000	−782 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 635 000	17 129 000	7 872 000	8 324 000
Expenditure	10 980 000	16 415 000	7 227 000	9 100 000
Operating Profit	−345 000	714 000	645 000	−712 000
Financial Income	0	0	0	0
Financial Costs	201 000	482 000	392 000	313 000
Financial Balance	−201 000	−482 000	−392 000	−313 000
Earnings Before Tax	−546 000	233 000	253 000	−1 025 000
Tax	0	0	0	−9 000
Net Income	−546 000	233 000	253 000	−1 015 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	383 000	246 000	3 171 000	3 250 000
Total Current Assets	2 444 000	2 491 000	5 795 000	4 518 000
Total Assets	2 826 000	2 737 000	8 966 000	7 767 000
Total Retained Equity	−942 000	−396 000	−629 000	−883 000
Total Equity	−842 000	−296 000	−529 000	−782 000
Total Long-Term Debt	223 000	60 000	5 791 000	4 946 000
Total Current Debt	3 446 000	2 973 000	3 703 000	3 604 000
Total Equity and Debt	2 826 000	2 737 000	8 966 000	7 767 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 635 000	8 929 000	7 838 000	8 324 000
Other Income	0	8 200 000	34 000	0
Revenue	10 635 000	17 129 000	7 872 000	8 324 000
Cost of Goods Sold	5 255 000	11 550 000	3 502 000	5 106 000
Salary Costs	3 919 000	3 354 000	2 481 000	3 066 000
Depreciation	171 000	109 000	112 000	91 000
Impairment	0	0	0	0
Expenditure	10 980 000	16 415 000	7 227 000	9 100 000
Operating Profit	−345 000	714 000	645 000	−712 000
Financial Income	0	0	0	0
Financial Costs	201 000	482 000	392 000	313 000
Financial Balance	−201 000	−482 000	−392 000	−313 000
Dividends	0	0	0	0
Net Income	−546 000	233 000	253 000	−1 015 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	2 850 000	2 850 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	371 000	234 000	299 000	400 000
Total Tangible Assets	371 000	234 000	3 149 000	3 250 000
Total Fiancial Fixed Assets	12 000	12 000	22 000	0
Total Fixed Assets	383 000	246 000	3 171 000	3 250 000
Stock	340 000	167 000	4 464 000	3 180 000
Total Investments	0	0	0	0
Cash, Bank	2 000	0	114 000	−165 000
Total Current Assets	2 444 000	2 491 000	5 795 000	4 518 000
Total Assets	2 826 000	2 737 000	8 966 000	7 767 000
Total Equity	−842 000	−296 000	−529 000	−782 000
Short-Term Group Debt	171 000	0	1 049 000	0
Total Long-Term Debt	223 000	60 000	5 791 000	4 946 000
Creditors	1 849 000	1 334 000	922 000	1 883 000
Unpaid Taxes	678 000	583 000	884 000	471 000
Dividends	0	0	0	0
Other Current Debt	393 000	612 000	840 000	1 251 000
Total Current Debt	3 446 000	2 973 000	3 703 000	3 604 000
Total Equity and Debt	2 826 000	2 737 000	8 966 000	7 767 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,85 %	−78,72 %	−47,83 %	129,8 %
Debt-to-Equity Ratio	−0,26	−0,2	−10,95	−6,32
Operating Profit Margin	−3,24 %	4,17 %	8,19 %	−8,55 %
Current Ratio	0,71	0,84	1,56	1,25
Quick Ratio	0,79	0,89	−7,61	10,66
Equity Ratio	−0,3	−0,11	−0,06	−0,1
Gross Profit Margin	50,59 %	32,57 %	55,51 %	38,66 %