HYEX SAFETY AS

5259 HJELLESTAD

Finances

Share Ownership

Return on Equity

59,73 %

Current Ratio

2,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	4 260 000	4 067 000	1 689 000
Net Income	1 133 000	1 282 000	491 000
Total Assets	2 965 000	2 360 000	1 151 000
Total Equity	1 897 000	1 897 000	621 000

Income (NOK)	2022	2021	2020
Revenue	4 260 000	4 067 000	1 689 000
Expenditure	2 816 000	2 421 000	1 060 000
Operating Profit	1 444 000	1 646 000	629 000
Financial Income	15 000	0	0
Financial Costs	6 000	3 000	0
Financial Balance	9 000	−3 000	0
Earnings Before Tax	1 453 000	1 644 000	629 000
Tax	320 000	362 000	138 000
Net Income	1 133 000	1 282 000	491 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	49 000	26 000	44 000
Total Current Assets	2 917 000	2 334 000	1 107 000
Total Assets	2 965 000	2 360 000	1 151 000
Total Retained Equity	1 773 000	1 773 000	491 000
Total Equity	1 897 000	1 897 000	621 000
Total Long-Term Debt	0	0	0
Total Current Debt	1 068 000	462 000	530 000
Total Equity and Debt	2 965 000	2 360 000	1 151 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 260 000	4 067 000	1 689 000
Other Income	0	0	0
Revenue	4 260 000	4 067 000	1 689 000
Cost of Goods Sold	162 000	0	1 000
Salary Costs	2 197 000	2 040 000	846 000
Depreciation	22 000	18 000	10 000
Impairment	0	0	0
Expenditure	2 816 000	2 421 000	1 060 000
Operating Profit	1 444 000	1 646 000	629 000
Financial Income	15 000	0	0
Financial Costs	6 000	3 000	0
Financial Balance	9 000	−3 000	0
Dividends	1 133 000	0	0
Net Income	1 133 000	1 282 000	491 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	48 000	25 000	43 000
Total Tangible Assets	48 000	25 000	43 000
Total Fiancial Fixed Assets	1 000	1 000	1 000
Total Fixed Assets	49 000	26 000	44 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	523 000	1 410 000	403 000
Total Current Assets	2 917 000	2 334 000	1 107 000
Total Assets	2 965 000	2 360 000	1 151 000
Total Equity	1 897 000	1 897 000	621 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	3 000	2 000	0
Unpaid Taxes	358 000	378 000	291 000
Dividends	1 133 000	0	0
Other Current Debt	388 000	211 000	101 000
Total Current Debt	1 068 000	462 000	530 000
Total Equity and Debt	2 965 000	2 360 000	1 151 000

Financial indicators	2022	2021	2020
Return on Equity	59,73 %	67,58 %	79,07 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	33,9 %	40,47 %	37,24 %
Current Ratio	2,73	5,05	2,09
Quick Ratio	2,73	5,05	2,09
Equity Ratio	0,64	0,8	0,54
Gross Profit Margin	96,2 %	100 %	99,94 %