HITACHI ENERGY NORWAY AS

0663 OSLO

Finances

Share Ownership

Return on Equity

−1,91 %

Current Ratio

2,54

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2019
Revenue	1 144 908 000	1 490 206 000	1 293 481 000
Net Income	−15 540 000	−45 567 000	−9 294 000
Total Assets	1 370 641 000	1 428 542 000	1 651 457 000
Total Equity	815 348 000	830 888 000	876 455 000

Income (NOK)	2022	2021	2019
Revenue	1 144 908 000	1 490 206 000	1 293 481 000
Expenditure	1 165 457 000	1 528 876 000	1 313 721 000
Operating Profit	−19 295 000	−64 190 000	−18 679 000
Financial Income	13 149 000	27 337 000	13 581 000
Financial Costs	13 546 000	21 212 000	6 439 000
Financial Balance	−397 000	6 125 000	7 142 000
Earnings Before Tax	−19 692 000	−58 065 000	−11 537 000
Tax	−4 152 000	−12 498 000	0
Net Income	−15 540 000	−45 567 000	−9 294 000

Balance (NOK)	2022	2021	2019
Total Fixed Assets	51 344 000	50 718 000	45 418 000
Total Current Assets	1 319 297 000	1 377 824 000	1 606 039 000
Total Assets	1 370 641 000	1 428 542 000	1 651 457 000
Total Retained Equity	760 348 000	775 888 000	821 455 000
Total Equity	815 348 000	830 888 000	876 455 000
Total Long-Term Debt	35 605 000	37 177 000	42 871 000
Total Current Debt	519 687 000	560 478 000	732 131 000
Total Equity and Debt	1 370 640 000	1 428 543 000	1 651 457 000

Cash flow (NOK)	2022	2021	2019
Sales Income	1 144 908 000	1 490 206 000	1 293 481 000
Other Income	0	0	0
Revenue	1 144 908 000	1 490 206 000	1 293 481 000
Cost of Goods Sold	597 234 000	828 258 000	773 741 000
Salary Costs	362 160 000	451 976 000	331 164 000
Depreciation	6 459 000	8 975 000	7 178 000
Impairment	0	0	0
Expenditure	1 165 457 000	1 528 876 000	1 313 721 000
Operating Profit	−19 295 000	−64 190 000	−18 679 000
Financial Income	13 149 000	27 337 000	13 581 000
Financial Costs	13 546 000	21 212 000	6 439 000
Financial Balance	−397 000	6 125 000	7 142 000
Dividends	0	0	0
Net Income	−15 540 000	−45 567 000	−9 294 000

Balance details (NOK)	2022	2021	2019
Goodwill	139 000	0	0
Total Intangible Assets	139 000	14 000	424 000
Real Eastate	2 376 000	3 551 000	3 911 000
Machinery and Plant Facilities	39 616 000	39 840 000	37 756 000
Fixtures	0	0	0
Total Tangible Assets	41 992 000	43 391 000	41 667 000
Total Fiancial Fixed Assets	9 213 000	7 313 000	3 327 000
Total Fixed Assets	51 344 000	50 718 000	45 418 000
Stock	88 091 000	72 106 000	121 081 000
Total Investments	0	0	0
Cash, Bank	38 559 000	67 489 000	68 132 000
Total Current Assets	1 319 297 000	1 377 824 000	1 606 039 000
Total Assets	1 370 641 000	1 428 542 000	1 651 457 000
Total Equity	815 348 000	830 888 000	876 455 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	35 605 000	37 177 000	42 871 000
Creditors	134 854 000	94 927 000	154 068 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	384 833 000	465 551 000	545 399 000
Total Current Debt	519 687 000	560 478 000	732 131 000
Total Equity and Debt	1 370 640 000	1 428 543 000	1 651 457 000

Financial indicators	2022	2021	2019
Return on Equity	−1,91 %	−5,48 %	−1,06 %
Debt-to-Equity Ratio	0,04	0,04	0,05
Operating Profit Margin	−1,69 %	−4,31 %	−1,44 %
Current Ratio	2,54	2,46	2,19
Quick Ratio	3,06	2,82	2,63
Equity Ratio	0,59	0,58	0,53
Gross Profit Margin	47,84 %	44,42 %	40,18 %