HARTEK AS

1086 OSLO

Finances

Return on Equity

26,08 %

Current Ratio

2,83

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 760 000	4 576 000	4 337 000	3 378 000
Net Income	740 000	590 000	72 000	592 000
Total Assets	5 237 000	4 361 000	2 238 000	2 293 000
Total Equity	2 837 000	2 097 000	1 507 000	1 436 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 760 000	4 576 000	4 337 000	3 378 000
Expenditure	5 702 000	3 730 000	4 242 000	2 605 000
Operating Profit	1 058 000	846 000	95 000	773 000
Financial Income	7 000	12 000	12 000	1 000
Financial Costs	116 000	102 000	15 000	13 000
Financial Balance	−109 000	−90 000	−3 000	−12 000
Earnings Before Tax	949 000	756 000	92 000	760 000
Tax	209 000	167 000	20 000	168 000
Net Income	740 000	590 000	72 000	592 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 340 000	844 000	319 000	162 000
Total Current Assets	3 897 000	3 517 000	1 918 000	2 131 000
Total Assets	5 237 000	4 361 000	2 238 000	2 293 000
Total Retained Equity	2 807 000	2 067 000	1 477 000	1 406 000
Total Equity	2 837 000	2 097 000	1 507 000	1 436 000
Total Long-Term Debt	1 023 000	1 337 000	2 000	0
Total Current Debt	1 377 000	927 000	728 000	857 000
Total Equity and Debt	5 237 000	4 361 000	2 238 000	2 293 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 195 000	4 296 000	4 314 000	3 378 000
Other Income	565 000	279 000	23 000	0
Revenue	6 760 000	4 576 000	4 337 000	3 378 000
Cost of Goods Sold	2 997 000	1 876 000	2 311 000	1 411 000
Salary Costs	1 629 000	849 000	966 000	586 000
Depreciation	103 000	41 000	33 000	5 000
Impairment	0	0	0	0
Expenditure	5 702 000	3 730 000	4 242 000	2 605 000
Operating Profit	1 058 000	846 000	95 000	773 000
Financial Income	7 000	12 000	12 000	1 000
Financial Costs	116 000	102 000	15 000	13 000
Financial Balance	−109 000	−90 000	−3 000	−12 000
Dividends	0	0	0	0
Net Income	740 000	590 000	72 000	592 000

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	0	0	0	0
Fixtures	350 000	478 000	70 000	15 000
Total Tangible Assets	350 000	478 000	70 000	15 000
Total Fiancial Fixed Assets	990 000	366 000	249 000	147 000
Total Fixed Assets	1 340 000	844 000	319 000	162 000
Stock	1 329 000	871 000	842 000	696 000
Total Investments	0	0	0	0
Cash, Bank	1 194 000	1 725 000	494 000	806 000
Total Current Assets	3 897 000	3 517 000	1 918 000	2 131 000
Total Assets	5 237 000	4 361 000	2 238 000	2 293 000
Total Equity	2 837 000	2 097 000	1 507 000	1 436 000
Short-Term Group Debt	450 000	150 000	0	0
Total Long-Term Debt	1 023 000	1 337 000	2 000	0
Creditors	149 000	96 000	272 000	130 000
Unpaid Taxes	323 000	240 000	134 000	155 000
Dividends	0	0	0	0
Other Current Debt	415 000	314 000	321 000	417 000
Total Current Debt	1 377 000	927 000	728 000	857 000
Total Equity and Debt	5 237 000	4 361 000	2 238 000	2 293 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,08 %	28,14 %	4,78 %	41,23 %
Debt-to-Equity Ratio	0,36	0,64	0	0
Operating Profit Margin	15,65 %	18,49 %	2,19 %	22,88 %
Current Ratio	2,83	3,79	2,63	2,49
Quick Ratio	81,19	62,8	−16,82	13,24
Equity Ratio	0,54	0,48	0,67	0,63
Gross Profit Margin	55,67 %	59 %	46,71 %	58,23 %