HYPRO CARTEX AS

1481 HAGAN

Finances

Return on Equity

16,38 %

Current Ratio

2,39

Debt-to-Equity Ratio

0,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 984 000	12 088 000	11 213 000	10 218 000
Net Income	1 102 000	1 305 000	1 478 000	783 000
Total Assets	15 554 000	16 066 000	8 293 000	7 169 000
Total Equity	6 726 000	5 923 000	4 818 000	3 840 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 984 000	12 088 000	11 213 000	10 218 000
Expenditure	13 146 000	10 821 000	9 179 000	9 142 000
Operating Profit	1 838 000	1 614 000	2 034 000	1 076 000
Financial Income	26 000	30 000	13 000	2 000
Financial Costs	317 000	42 000	58 000	32 000
Financial Balance	−291 000	−12 000	−45 000	−30 000
Earnings Before Tax	1 547 000	1 602 000	1 989 000	1 046 000
Tax	445 000	296 000	512 000	263 000
Net Income	1 102 000	1 305 000	1 478 000	783 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 742 000	7 841 000	775 000	622 000
Total Current Assets	7 812 000	8 225 000	7 518 000	6 547 000
Total Assets	15 554 000	16 066 000	8 293 000	7 169 000
Total Retained Equity	6 451 000	5 648 000	4 543 000	3 565 000
Total Equity	6 726 000	5 923 000	4 818 000	3 840 000
Total Long-Term Debt	5 558 000	7 104 000	58 000	225 000
Total Current Debt	3 270 000	3 038 000	3 417 000	3 104 000
Total Equity and Debt	15 554 000	16 066 000	8 293 000	7 169 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 983 000	12 088 000	11 213 000	10 218 000
Other Income	0	0	0	0
Revenue	14 984 000	12 088 000	11 213 000	10 218 000
Cost of Goods Sold	9 996 000	7 625 000	6 511 000	6 245 000
Salary Costs	1 658 000	1 525 000	1 386 000	1 484 000
Depreciation	162 000	160 000	89 000	37 000
Impairment	0	0	0	0
Expenditure	13 146 000	10 821 000	9 179 000	9 142 000
Operating Profit	1 838 000	1 614 000	2 034 000	1 076 000
Financial Income	26 000	30 000	13 000	2 000
Financial Costs	317 000	42 000	58 000	32 000
Financial Balance	−291 000	−12 000	−45 000	−30 000
Dividends	300 000	200 000	500 000	500 000
Net Income	1 102 000	1 305 000	1 478 000	783 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	531 000	586 000	475 000	322 000
Total Tangible Assets	531 000	586 000	475 000	322 000
Total Fiancial Fixed Assets	7 211 000	7 254 000	300 000	300 000
Total Fixed Assets	7 742 000	7 841 000	775 000	622 000
Stock	3 285 000	3 069 000	2 744 000	2 922 000
Total Investments	0	0	0	0
Cash, Bank	3 023 000	3 292 000	3 158 000	1 294 000
Total Current Assets	7 812 000	8 225 000	7 518 000	6 547 000
Total Assets	15 554 000	16 066 000	8 293 000	7 169 000
Total Equity	6 726 000	5 923 000	4 818 000	3 840 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 558 000	7 104 000	58 000	225 000
Creditors	1 906 000	1 510 000	1 649 000	1 853 000
Unpaid Taxes	151 000	101 000	107 000	64 000
Dividends	300 000	200 000	500 000	500 000
Other Current Debt	468 000	931 000	650 000	424 000
Total Current Debt	3 270 000	3 038 000	3 417 000	3 104 000
Total Equity and Debt	15 554 000	16 066 000	8 293 000	7 169 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,38 %	22,03 %	30,68 %	20,39 %
Debt-to-Equity Ratio	0,83	1,2	0,01	0,06
Operating Profit Margin	12,27 %	13,35 %	18,14 %	10,53 %
Current Ratio	2,39	2,71	2,2	2,11
Quick Ratio	−520,8	−265,32	11,17	35,97
Equity Ratio	0,43	0,37	0,58	0,54
Gross Profit Margin	33,29 %	36,92 %	41,93 %	38,88 %