HEXAGON GEOSYSTEMS SERVICES NORWAY AS

1607 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

44,06 %

Current Ratio

1,2

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020
Revenue	20 383 000	19 710 000	0
Net Income	1 123 000	1 389 000	−8 000
Total Assets	8 530 000	8 317 000	1 568 000
Total Equity	2 549 000	1 411 000	22 000

Income (NOK)	2022	2021	2020
Revenue	20 383 000	19 710 000	0
Expenditure	18 295 000	17 886 000	8 000
Operating Profit	2 088 000	1 824 000	−8 000
Financial Income	27 000	61 000	0
Financial Costs	675 000	106 000	0
Financial Balance	−648 000	−45 000	0
Earnings Before Tax	1 440 000	1 778 000	−8 000
Tax	317 000	389 000	0
Net Income	1 123 000	1 389 000	−8 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 425 000	1 514 000	1 230 000
Total Current Assets	7 105 000	6 803 000	338 000
Total Assets	8 530 000	8 317 000	1 568 000
Total Retained Equity	2 519 000	1 381 000	−8 000
Total Equity	2 549 000	1 411 000	22 000
Total Long-Term Debt	38 000	31 000	0
Total Current Debt	5 944 000	6 874 000	1 546 000
Total Equity and Debt	8 530 000	8 317 000	1 568 000

Cash flow (NOK)	2022	2021	2020
Sales Income	20 383 000	19 710 000	0
Other Income	0	0	0
Revenue	20 383 000	19 710 000	0
Cost of Goods Sold	0	0	0
Salary Costs	5 046 000	1 711 000	0
Depreciation	120 000	31 000	0
Impairment	0	0	0
Expenditure	18 295 000	17 886 000	8 000
Operating Profit	2 088 000	1 824 000	−8 000
Financial Income	27 000	61 000	0
Financial Costs	675 000	106 000	0
Financial Balance	−648 000	−45 000	0
Dividends	0	0	0
Net Income	1 123 000	1 389 000	−8 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	1 230 000
Machinery and Plant Facilities	39 000	60 000	0
Fixtures	1 386 000	1 454 000	0
Total Tangible Assets	1 425 000	1 514 000	1 230 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 425 000	1 514 000	1 230 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	192 000	142 000	0
Total Current Assets	7 105 000	6 803 000	338 000
Total Assets	8 530 000	8 317 000	1 568 000
Total Equity	2 549 000	1 411 000	22 000
Short-Term Group Debt	23 000	0	395 000
Total Long-Term Debt	38 000	31 000	0
Creditors	1 886 000	3 911 000	1 150 000
Unpaid Taxes	2 006 000	1 477 000	0
Dividends	0	0	0
Other Current Debt	1 718 000	1 128 000	0
Total Current Debt	5 944 000	6 874 000	1 546 000
Total Equity and Debt	8 530 000	8 317 000	1 568 000

Financial indicators	2022	2021	2020
Return on Equity	44,06 %	98,44 %	−36,36 %
Debt-to-Equity Ratio	0,01	0,02	0
Operating Profit Margin	10,24 %	9,25 %	-
Current Ratio	1,2	0,99	0,22
Quick Ratio	1,2	0,99	0,22
Equity Ratio	0,3	0,17	0,01
Gross Profit Margin	100 %	100 %	-