HYTTETEKNIKK AS

4770 HØVÅG

Finances

Share Ownership

Return on Equity

43,38 %

Current Ratio

5,59

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 542 000	1 458 000	490 000	463 000
Net Income	570 000	533 000	33 000	156 000
Total Assets	1 496 000	961 000	291 000	481 000
Total Equity	1 314 000	744 000	211 000	178 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 542 000	1 458 000	490 000	463 000
Expenditure	1 002 000	783 000	445 000	263 000
Operating Profit	539 000	674 000	45 000	200 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	539 000	674 000	45 000	200 000
Tax	−32 000	141 000	12 000	44 000
Net Income	570 000	533 000	33 000	156 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	574 000	90 000	114 000	0
Total Current Assets	922 000	872 000	178 000	481 000
Total Assets	1 496 000	961 000	291 000	481 000
Total Retained Equity	1 284 000	714 000	181 000	148 000
Total Equity	1 314 000	744 000	211 000	178 000
Total Long-Term Debt	16 000	3 000	5 000	2 000
Total Current Debt	165 000	215 000	76 000	301 000
Total Equity and Debt	1 496 000	961 000	291 000	481 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 499 000	1 458 000	490 000	463 000
Other Income	43 000	0	0	0
Revenue	1 542 000	1 458 000	490 000	463 000
Cost of Goods Sold	231 000	433 000	188 000	0
Salary Costs	212 000	0	0	0
Depreciation	76 000	24 000	6 000	0
Impairment	0	0	0	0
Expenditure	1 002 000	783 000	445 000	263 000
Operating Profit	539 000	674 000	45 000	200 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	570 000	533 000	33 000	156 000

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	40 000	54 000	68 000	0
Fixtures	534 000	36 000	46 000	0
Total Tangible Assets	574 000	90 000	114 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	574 000	90 000	114 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	758 000	708 000	14 000	18 000
Total Current Assets	922 000	872 000	178 000	481 000
Total Assets	1 496 000	961 000	291 000	481 000
Total Equity	1 314 000	744 000	211 000	178 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 000	3 000	5 000	2 000
Creditors	33 000	33 000	33 000	263 000
Unpaid Taxes	31 000	36 000	36 000	0
Dividends	0	0	0	0
Other Current Debt	−4 000	−4 000	0	0
Total Current Debt	165 000	215 000	76 000	301 000
Total Equity and Debt	1 496 000	961 000	291 000	481 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,38 %	71,64 %	15,64 %	87,64 %
Debt-to-Equity Ratio	0,01	0	0,02	0,01
Operating Profit Margin	34,95 %	46,23 %	9,18 %	43,2 %
Current Ratio	5,59	4,06	2,34	1,6
Quick Ratio	5,59	4,06	2,34	1,6
Equity Ratio	0,88	0,77	0,73	0,37
Gross Profit Margin	85,02 %	70,3 %	61,63 %	100 %