HYNION AS

1363 HØVIK

Finances

Return on Equity

−52,41 %

Current Ratio

3,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 373 000	1 722 000	1 622 000	223 000
Net Income	−29 192 000	−16 806 000	−6 104 000	−3 008 000
Total Assets	70 073 000	61 575 000	8 109 000	1 683 000
Total Equity	55 702 000	56 318 000	6 991 000	982 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 373 000	1 722 000	1 622 000	223 000
Expenditure	33 440 000	18 621 000	6 727 000	3 175 000
Operating Profit	−29 067 000	−16 898 000	−5 105 000	−2 952 000
Financial Income	505 000	113 000	5 000	1 000
Financial Costs	630 000	21 000	1 003 000	57 000
Financial Balance	−125 000	92 000	−998 000	−56 000
Earnings Before Tax	−29 192 000	−16 806 000	−6 104 000	−3 008 000
Tax	0	0	0	0
Net Income	−29 192 000	−16 806 000	−6 104 000	−3 008 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 926 000	14 902 000	6 243 000	600 000
Total Current Assets	45 146 000	46 673 000	1 866 000	1 083 000
Total Assets	70 073 000	61 575 000	8 109 000	1 683 000
Total Retained Equity	0	0	0	−3 008 000
Total Equity	55 702 000	56 318 000	6 991 000	982 000
Total Long-Term Debt	150 000	150 000	150 000	150 000
Total Current Debt	14 221 000	5 106 000	968 000	551 000
Total Equity and Debt	70 073 000	61 575 000	8 109 000	1 683 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 356 000	1 722 000	855 000	223 000
Other Income	16 000	0	767 000	0
Revenue	4 373 000	1 722 000	1 622 000	223 000
Cost of Goods Sold	7 987 000	4 421 000	1 938 000	346 000
Salary Costs	11 388 000	7 193 000	3 074 000	1 338 000
Depreciation	1 750 000	438 000	82 000	0
Impairment	808 000	0	0	0
Expenditure	33 440 000	18 621 000	6 727 000	3 175 000
Operating Profit	−29 067 000	−16 898 000	−5 105 000	−2 952 000
Financial Income	505 000	113 000	5 000	1 000
Financial Costs	630 000	21 000	1 003 000	57 000
Financial Balance	−125 000	92 000	−998 000	−56 000
Dividends	0	0	0	0
Net Income	−29 192 000	−16 806 000	−6 104 000	−3 008 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	168 000	214 000	0	0
Real Eastate	2 217 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	22 390 000	14 531 000	2 755 000	600 000
Total Tangible Assets	24 607 000	14 531 000	2 755 000	600 000
Total Fiancial Fixed Assets	151 000	156 000	3 487 000	0
Total Fixed Assets	24 926 000	14 902 000	6 243 000	600 000
Stock	124 000	46 000	0	0
Total Investments	0	0	0	0
Cash, Bank	41 617 000	40 939 000	1 658 000	875 000
Total Current Assets	45 146 000	46 673 000	1 866 000	1 083 000
Total Assets	70 073 000	61 575 000	8 109 000	1 683 000
Total Equity	55 702 000	56 318 000	6 991 000	982 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	150 000	150 000	150 000	150 000
Creditors	2 063 000	3 101 000	217 000	257 000
Unpaid Taxes	781 000	555 000	390 000	115 000
Dividends	0	0	0	0
Other Current Debt	11 377 000	1 450 000	362 000	179 000
Total Current Debt	14 221 000	5 106 000	968 000	551 000
Total Equity and Debt	70 073 000	61 575 000	8 109 000	1 683 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−52,41 %	−29,84 %	−87,31 %	−306,31 %
Debt-to-Equity Ratio	0	0	0,02	0,15
Operating Profit Margin	−664,69 %	−981,3 %	−314,73 %	−1 323,77 %
Current Ratio	3,17	9,14	1,93	1,97
Quick Ratio	3,2	9,22	1,93	1,97
Equity Ratio	0,79	0,91	0,86	0,58
Gross Profit Margin	−82,64 %	−156,74 %	−19,48 %	−55,16 %