HEXAGON COMPOSITES ASA

6002 ÅLESUND

Finances

Return on Equity

−12,28 %

Current Ratio

1,66

Debt-to-Equity Ratio

0,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 932 306 000	3 542 891 000	3 080 376 000	3 416 124 000
Net Income	−425 977 000	−327 577 000	−147 781 000	107 491 000
Total Assets	7 903 742 000	6 515 246 000	6 164 937 000	4 827 519 000
Total Equity	3 468 806 000	3 484 301 000	3 595 838 000	2 152 993 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 932 306 000	3 542 891 000	3 080 376 000	3 416 124 000
Expenditure	5 327 658 000	3 696 987 000	3 139 647 000	3 296 016 000
Operating Profit	−395 352 000	−154 096 000	−59 271 000	120 108 000
Financial Income	320 089 000	122 635 000	317 737 000	121 768 000
Financial Costs	341 855 000	270 283 000	314 604 000	130 630 000
Financial Balance	−21 766 000	−147 648 000	3 133 000	−8 862 000
Earnings Before Tax	−417 118 000	−301 744 000	−56 138 000	111 246 000
Tax	8 859 000	25 833 000	91 643 000	3 755 000
Net Income	−425 977 000	−327 577 000	−147 781 000	107 491 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 580 035 000	3 701 029 000	3 131 938 000	3 341 812 000
Total Current Assets	3 323 707 000	2 814 217 000	3 032 999 000	1 485 707 000
Total Assets	7 903 742 000	6 515 246 000	6 164 937 000	4 827 519 000
Total Retained Equity	1 240 364 000	1 289 999 000	1 430 247 000	882 975 000
Total Equity	3 468 806 000	3 484 301 000	3 595 838 000	2 152 993 000
Total Long-Term Debt	2 434 656 000	1 850 353 000	1 630 106 000	1 830 499 000
Total Current Debt	2 000 280 000	1 180 592 000	938 993 000	844 027 000
Total Equity and Debt	7 903 742 000	6 515 246 000	6 164 937 000	4 827 519 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 932 306 000	3 542 891 000	3 080 376 000	3 416 124 000
Other Income	0	0	0	0
Revenue	4 932 306 000	3 542 891 000	3 080 376 000	3 416 124 000
Cost of Goods Sold	2 656 515 000	1 695 497 000	1 502 305 000	1 673 120 000
Salary Costs	1 495 259 000	1 101 298 000	940 096 000	853 706 000
Depreciation	332 162 000	262 680 000	249 212 000	239 606 000
Impairment	0	0	0	0
Expenditure	5 327 658 000	3 696 987 000	3 139 647 000	3 296 016 000
Operating Profit	−395 352 000	−154 096 000	−59 271 000	120 108 000
Financial Income	320 089 000	122 635 000	317 737 000	121 768 000
Financial Costs	341 855 000	270 283 000	314 604 000	130 630 000
Financial Balance	−21 766 000	−147 648 000	3 133 000	−8 862 000
Dividends	0	0	0	0
Net Income	−425 977 000	−327 577 000	−147 781 000	107 491 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	2 570 853 000	2 384 524 000	2 034 355 000	2 073 294 000
Total Intangible Assets	2 570 853 000	2 398 202 000	2 036 130 000	2 204 253 000
Real Eastate	473 233 000	282 309 000	266 552 000	283 817 000
Machinery and Plant Facilities	1 336 307 000	1 010 625 000	747 266 000	804 099 000
Fixtures	0	0	0	0
Total Tangible Assets	1 809 540 000	1 292 934 000	1 013 818 000	1 087 916 000
Total Fiancial Fixed Assets	199 642 000	9 893 000	81 990 000	49 643 000
Total Fixed Assets	4 580 035 000	3 701 029 000	3 131 938 000	3 341 812 000
Stock	1 546 497 000	1 147 004 000	739 998 000	783 669 000
Total Investments	0	0	0	0
Cash, Bank	713 547 000	600 209 000	1 649 882 000	177 651 000
Total Current Assets	3 323 707 000	2 814 217 000	3 032 999 000	1 485 707 000
Total Assets	7 903 742 000	6 515 246 000	6 164 937 000	4 827 519 000
Total Equity	3 468 806 000	3 484 301 000	3 595 838 000	2 152 993 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 434 656 000	1 850 353 000	1 630 106 000	1 830 499 000
Creditors	572 569 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 069 406 000	1 057 301 000	775 450 000	739 591 000
Total Current Debt	2 000 280 000	1 180 592 000	938 993 000	844 027 000
Total Equity and Debt	7 903 742 000	6 515 246 000	6 164 937 000	4 827 519 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,28 %	−9,4 %	−4,11 %	4,99 %
Debt-to-Equity Ratio	0,7	0,53	0,45	0,85
Operating Profit Margin	−8,02 %	−4,35 %	−1,92 %	3,52 %
Current Ratio	1,66	2,38	3,23	1,76
Quick Ratio	7,32	83,79	15,24	24,61
Equity Ratio	0,44	0,53	0,58	0,45
Gross Profit Margin	46,14 %	52,14 %	51,23 %	51,02 %