HXS ENGINEERING AS

5211 OS

Finances

Return on Equity

35,99 %

Current Ratio

0,76

Debt-to-Equity Ratio

1,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 337 000	4 692 000	2 519 000	1 625 000
Net Income	460 000	578 000	−55 000	313 000
Total Assets	4 642 000	4 683 000	5 209 000	837 000
Total Equity	1 278 000	818 000	240 000	494 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 337 000	4 692 000	2 519 000	1 625 000
Expenditure	3 582 000	3 816 000	2 595 000	1 222 000
Operating Profit	755 000	876 000	−76 000	402 000
Financial Income	2 000	0	23 000	0
Financial Costs	167 000	135 000	16 000	0
Financial Balance	−165 000	−135 000	7 000	0
Earnings Before Tax	590 000	741 000	−70 000	401 000
Tax	130 000	163 000	−15 000	88 000
Net Income	460 000	578 000	−55 000	313 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 872 000	3 862 000	3 561 000	50 000
Total Current Assets	770 000	821 000	1 648 000	787 000
Total Assets	4 642 000	4 683 000	5 209 000	837 000
Total Retained Equity	1 253 000	793 000	215 000	470 000
Total Equity	1 278 000	818 000	240 000	494 000
Total Long-Term Debt	2 356 000	2 725 000	2 903 000	1 000
Total Current Debt	1 009 000	1 140 000	2 066 000	342 000
Total Equity and Debt	4 642 000	4 683 000	5 209 000	837 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 337 000	4 692 000	2 519 000	1 625 000
Other Income	0	0	0	0
Revenue	4 337 000	4 692 000	2 519 000	1 625 000
Cost of Goods Sold	1 204 000	1 833 000	1 350 000	735 000
Salary Costs	1 873 000	1 510 000	934 000	0
Depreciation	126 000	117 000	62 000	16 000
Impairment	0	0	0	0
Expenditure	3 582 000	3 816 000	2 595 000	1 222 000
Operating Profit	755 000	876 000	−76 000	402 000
Financial Income	2 000	0	23 000	0
Financial Costs	167 000	135 000	16 000	0
Financial Balance	−165 000	−135 000	7 000	0
Dividends	0	0	200 000	0
Net Income	460 000	578 000	−55 000	313 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	200 000	229 000	272 000	0
Real Eastate	3 434 000	3 499 000	3 163 000	0
Machinery and Plant Facilities	123 000	52 000	48 000	0
Fixtures	90 000	58 000	52 000	50 000
Total Tangible Assets	3 648 000	3 609 000	3 264 000	50 000
Total Fiancial Fixed Assets	24 000	24 000	24 000	0
Total Fixed Assets	3 872 000	3 862 000	3 561 000	50 000
Stock	0	102 000	794 000	0
Total Investments	0	0	0	0
Cash, Bank	569 000	570 000	55 000	338 000
Total Current Assets	770 000	821 000	1 648 000	787 000
Total Assets	4 642 000	4 683 000	5 209 000	837 000
Total Equity	1 278 000	818 000	240 000	494 000
Short-Term Group Debt	0	0	24 000	0
Total Long-Term Debt	2 356 000	2 725 000	2 903 000	1 000
Creditors	285 000	175 000	379 000	72 000
Unpaid Taxes	155 000	423 000	85 000	99 000
Dividends	0	0	200 000	0
Other Current Debt	443 000	406 000	1 577 000	84 000
Total Current Debt	1 009 000	1 140 000	2 066 000	342 000
Total Equity and Debt	4 642 000	4 683 000	5 209 000	837 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,99 %	70,66 %	−22,92 %	63,36 %
Debt-to-Equity Ratio	1,84	3,33	12,1	0
Operating Profit Margin	17,41 %	18,67 %	−3,02 %	24,74 %
Current Ratio	0,76	0,72	0,8	2,3
Quick Ratio	0,76	0,79	1,3	2,3
Equity Ratio	0,28	0,17	0,05	0,59
Gross Profit Margin	72,24 %	60,93 %	46,41 %	54,77 %