HARTMANN INDUSTRIER AS

2123 BRUVOLL

Finances

Share Ownership

Return on Equity

71,05 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	287 000	235 000	220 000
Net Income	27 000	50 000	−70 000
Total Assets	263 000	189 000	110 000
Total Equity	38 000	10 000	−40 000

Income (NOK)	2022	2021	2020
Revenue	287 000	235 000	220 000
Expenditure	253 000	172 000	309 000
Operating Profit	35 000	64 000	−89 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	35 000	64 000	−89 000
Tax	8 000	14 000	−20 000
Net Income	27 000	50 000	−70 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	6 000	20 000
Total Current Assets	263 000	184 000	91 000
Total Assets	263 000	189 000	110 000
Total Retained Equity	8 000	−20 000	−70 000
Total Equity	38 000	10 000	−40 000
Total Long-Term Debt	0	0	0
Total Current Debt	225 000	179 000	150 000
Total Equity and Debt	263 000	189 000	110 000

Cash flow (NOK)	2022	2021	2020
Sales Income	20 000	0	0
Other Income	267 000	235 000	220 000
Revenue	287 000	235 000	220 000
Cost of Goods Sold	9 000	23 000	0
Salary Costs	44 000	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	253 000	172 000	309 000
Operating Profit	35 000	64 000	−89 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	27 000	50 000	−70 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	6 000	20 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	6 000	20 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	38 000	156 000	69 000
Total Current Assets	263 000	184 000	91 000
Total Assets	263 000	189 000	110 000
Total Equity	38 000	10 000	−40 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	198 000	179 000	150 000
Unpaid Taxes	25 000	0	0
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	225 000	179 000	150 000
Total Equity and Debt	263 000	189 000	110 000

Financial indicators	2022	2021	2020
Return on Equity	71,05 %	500 %	175 %
Debt-to-Equity Ratio	0	0	−0
Operating Profit Margin	12,2 %	27,23 %	−40,45 %
Current Ratio	1,17	1,03	0,61
Quick Ratio	1,17	1,03	0,61
Equity Ratio	0,14	0,05	−0,36
Gross Profit Margin	96,86 %	90,21 %	100 %