HYDRACO AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

−553,49 %

Current Ratio

0,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 773 000	9 769 000	8 091 000	5 348 000
Net Income	−238 000	−729 000	−822 000	−682 000
Total Assets	3 890 000	2 248 000	3 256 000	1 701 000
Total Equity	43 000	−1 924 000	−1 195 000	−373 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 773 000	9 769 000	8 091 000	5 348 000
Expenditure	13 919 000	10 452 000	8 709 000	5 990 000
Operating Profit	−146 000	−683 000	−619 000	−642 000
Financial Income	68 000	98 000	25 000	11 000
Financial Costs	159 000	144 000	228 000	52 000
Financial Balance	−91 000	−46 000	−203 000	−41 000
Earnings Before Tax	−238 000	−729 000	−822 000	−682 000
Tax	0	0	0	0
Net Income	−238 000	−729 000	−822 000	−682 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	169 000	253 000	278 000	183 000
Total Current Assets	3 721 000	1 995 000	2 978 000	1 518 000
Total Assets	3 890 000	2 248 000	3 256 000	1 701 000
Total Retained Equity	−2 262 000	−2 024 000	−1 295 000	−473 000
Total Equity	43 000	−1 924 000	−1 195 000	−373 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 847 000	4 172 000	4 451 000	2 075 000
Total Equity and Debt	3 890 000	2 248 000	3 256 000	1 701 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 773 000	9 769 000	8 091 000	5 348 000
Other Income	0	0	0	0
Revenue	13 773 000	9 769 000	8 091 000	5 348 000
Cost of Goods Sold	7 860 000	5 262 000	4 046 000	1 766 000
Salary Costs	4 444 000	3 743 000	2 672 000	2 594 000
Depreciation	84 000	86 000	55 000	44 000
Impairment	0	0	0	0
Expenditure	13 919 000	10 452 000	8 709 000	5 990 000
Operating Profit	−146 000	−683 000	−619 000	−642 000
Financial Income	68 000	98 000	25 000	11 000
Financial Costs	159 000	144 000	228 000	52 000
Financial Balance	−91 000	−46 000	−203 000	−41 000
Dividends	0	0	0	0
Net Income	−238 000	−729 000	−822 000	−682 000

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	77 000	103 000	95 000	0
Fixtures	92 000	150 000	183 000	183 000
Total Tangible Assets	169 000	253 000	278 000	183 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	169 000	253 000	278 000	183 000
Stock	606 000	564 000	641 000	233 000
Total Investments	0	0	0	0
Cash, Bank	299 000	137 000	283 000	288 000
Total Current Assets	3 721 000	1 995 000	2 978 000	1 518 000
Total Assets	3 890 000	2 248 000	3 256 000	1 701 000
Total Equity	43 000	−1 924 000	−1 195 000	−373 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 176 000	559 000	942 000	452 000
Unpaid Taxes	852 000	473 000	499 000	406 000
Dividends	0	0	0	0
Other Current Debt	1 819 000	2 935 000	2 894 000	1 033 000
Total Current Debt	3 847 000	4 172 000	4 451 000	2 075 000
Total Equity and Debt	3 890 000	2 248 000	3 256 000	1 701 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−553,49 %	37,89 %	68,79 %	182,84 %
Debt-to-Equity Ratio	0	−0	−0	−0
Operating Profit Margin	−1,06 %	−6,99 %	−7,65 %	−12 %
Current Ratio	0,97	0,48	0,67	0,73
Quick Ratio	1,15	0,55	0,78	0,82
Equity Ratio	0,01	−0,86	−0,37	−0,22
Gross Profit Margin	42,93 %	46,14 %	49,99 %	66,98 %