HYDROVOLT AS

1630 GAMLE FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−221,1 %

Current Ratio

0,58

Debt-to-Equity Ratio

1,95

Key figures (NOK)	2022	2021	2020
Revenue	3 616 000	309 000	0
Net Income	−67 948 000	−6 171 000	−5 630 000
Total Assets	146 083 000	99 943 000	15 792 000
Total Equity	30 732 000	11 299 000	−3 530 000

Income (NOK)	2022	2021	2020
Revenue	3 616 000	309 000	0
Expenditure	87 166 000	6 731 000	7 220 000
Operating Profit	−83 550 000	−6 421 000	−7 220 000
Financial Income	1 209 000	885 000	2 000
Financial Costs	4 691 000	2 375 000	0
Financial Balance	−3 482 000	−1 490 000	2 000
Earnings Before Tax	−87 032 000	−7 911 000	−7 218 000
Tax	−19 084 000	−1 740 000	−1 588 000
Net Income	−67 948 000	−6 171 000	−5 630 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	114 200 000	47 338 000	13 397 000
Total Current Assets	31 883 000	52 605 000	2 395 000
Total Assets	146 083 000	99 943 000	15 792 000
Total Retained Equity	−79 749 000	−11 801 000	−5 630 000
Total Equity	30 732 000	11 299 000	−3 530 000
Total Long-Term Debt	60 000 000	60 000 000	0
Total Current Debt	55 351 000	28 644 000	19 322 000
Total Equity and Debt	146 083 000	99 943 000	15 792 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 440 000	309 000	0
Other Income	176 000	0	0
Revenue	3 616 000	309 000	0
Cost of Goods Sold	11 827 000	59 000	27 000
Salary Costs	8 254 000	0	0
Depreciation	79 000	0	0
Impairment	0	0	0
Expenditure	87 166 000	6 731 000	7 220 000
Operating Profit	−83 550 000	−6 421 000	−7 220 000
Financial Income	1 209 000	885 000	2 000
Financial Costs	4 691 000	2 375 000	0
Financial Balance	−3 482 000	−1 490 000	2 000
Dividends	0	0	0
Net Income	−67 948 000	−6 171 000	−5 630 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	25 867 000	3 328 000	1 588 000
Real Eastate	0	0	0
Machinery and Plant Facilities	87 685 000	44 010 000	11 809 000
Fixtures	277 000	0	0
Total Tangible Assets	87 962 000	44 010 000	11 809 000
Total Fiancial Fixed Assets	371 000	0	0
Total Fixed Assets	114 200 000	47 338 000	13 397 000
Stock	433 000	168 000	0
Total Investments	0	0	0
Cash, Bank	2 944 000	46 648 000	2 102 000
Total Current Assets	31 883 000	52 605 000	2 395 000
Total Assets	146 083 000	99 943 000	15 792 000
Total Equity	30 732 000	11 299 000	−3 530 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	60 000 000	60 000 000	0
Creditors	28 323 000	28 231 000	1 465 000
Unpaid Taxes	2 027 000	0	0
Dividends	0	0	0
Other Current Debt	25 001 000	413 000	17 857 000
Total Current Debt	55 351 000	28 644 000	19 322 000
Total Equity and Debt	146 083 000	99 943 000	15 792 000

Financial indicators	2022	2021	2020
Return on Equity	−221,1 %	−54,62 %	159,49 %
Debt-to-Equity Ratio	1,95	5,31	−0
Operating Profit Margin	−2 310,56 %	−2 077,99 %	-
Current Ratio	0,58	1,84	0,12
Quick Ratio	0,58	1,85	0,12
Equity Ratio	0,21	0,11	−0,22
Gross Profit Margin	−227,07 %	80,91 %	-