HECOTRON INDUSTRIELL ELEKTRONIKK AS

0485 OSLO

Finances

Share Ownership

Return on Equity

56,02 %

Current Ratio

2,42

Debt-to-Equity Ratio

1,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 563 000	11 497 000	12 490 000	15 089 000
Net Income	2 256 000	539 000	1 318 000	1 771 000
Total Assets	11 273 000	9 803 000	9 382 000	8 843 000
Total Equity	4 027 000	1 772 000	1 233 000	−85 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 563 000	11 497 000	12 490 000	15 089 000
Expenditure	11 230 000	10 763 000	11 913 000	13 339 000
Operating Profit	3 333 000	735 000	577 000	1 751 000
Financial Income	142 000	185 000	921 000	395 000
Financial Costs	579 000	484 000	180 000	375 000
Financial Balance	−437 000	−299 000	741 000	20 000
Earnings Before Tax	2 896 000	436 000	1 318 000	1 771 000
Tax	640 000	−103 000	0	0
Net Income	2 256 000	539 000	1 318 000	1 771 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 058 000	4 228 000	4 125 000	4 125 000
Total Current Assets	7 215 000	5 576 000	5 257 000	4 718 000
Total Assets	11 273 000	9 803 000	9 382 000	8 843 000
Total Retained Equity	2 777 000	522 000	−17 000	−1 335 000
Total Equity	4 027 000	1 772 000	1 233 000	−85 000
Total Long-Term Debt	4 270 000	4 302 000	4 336 000	0
Total Current Debt	2 976 000	3 729 000	3 813 000	8 928 000
Total Equity and Debt	11 273 000	9 803 000	9 382 000	8 843 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 563 000	11 497 000	12 446 000	15 089 000
Other Income	0	0	45 000	0
Revenue	14 563 000	11 497 000	12 490 000	15 089 000
Cost of Goods Sold	5 864 000	4 696 000	6 183 000	6 984 000
Salary Costs	3 230 000	4 135 000	4 005 000	4 145 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	11 230 000	10 763 000	11 913 000	13 339 000
Operating Profit	3 333 000	735 000	577 000	1 751 000
Financial Income	142 000	185 000	921 000	395 000
Financial Costs	579 000	484 000	180 000	375 000
Financial Balance	−437 000	−299 000	741 000	20 000
Dividends	0	0	0	0
Net Income	2 256 000	539 000	1 318 000	1 771 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 000	186 000	83 000	83 000
Real Eastate	4 042 000	4 042 000	4 042 000	4 042 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 042 000	4 042 000	4 042 000	4 042 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 058 000	4 228 000	4 125 000	4 125 000
Stock	2 278 000	1 851 000	1 504 000	1 720 000
Total Investments	0	0	0	0
Cash, Bank	1 997 000	1 791 000	1 120 000	923 000
Total Current Assets	7 215 000	5 576 000	5 257 000	4 718 000
Total Assets	11 273 000	9 803 000	9 382 000	8 843 000
Total Equity	4 027 000	1 772 000	1 233 000	−85 000
Short-Term Group Debt	0	0	0	4 376 000
Total Long-Term Debt	4 270 000	4 302 000	4 336 000	0
Creditors	1 424 000	838 000	1 153 000	454 000
Unpaid Taxes	664 000	724 000	726 000	810 000
Dividends	0	0	0	0
Other Current Debt	417 000	457 000	430 000	409 000
Total Current Debt	2 976 000	3 729 000	3 813 000	8 928 000
Total Equity and Debt	11 273 000	9 803 000	9 382 000	8 843 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,02 %	30,42 %	106,89 %	−2 083,53 %
Debt-to-Equity Ratio	1,06	2,43	3,52	−0
Operating Profit Margin	22,89 %	6,39 %	4,62 %	11,6 %
Current Ratio	2,42	1,5	1,38	0,53
Quick Ratio	10,34	2,97	2,28	0,65
Equity Ratio	0,36	0,18	0,13	−0,01
Gross Profit Margin	59,73 %	59,15 %	50,5 %	53,71 %