HYDEX SYSTEMHYDRAULIKK AS

2013 SKJETTEN

Finances

Return on Equity

269,94 %

Current Ratio

1,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 587 000	16 786 000	20 708 000	17 143 000
Net Income	5 820 000	321 000	−928 000	−1 564 000
Total Assets	16 133 000	9 989 000	11 432 000	9 599 000
Total Equity	2 156 000	−2 283 000	−2 604 000	−1 675 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 587 000	16 786 000	20 708 000	17 143 000
Expenditure	16 677 000	16 445 000	21 767 000	18 566 000
Operating Profit	5 910 000	341 000	−1 060 000	−1 422 000
Financial Income	47 000	0	0	2 000
Financial Costs	30 000	21 000	92 000	144 000
Financial Balance	17 000	−21 000	−92 000	−142 000
Earnings Before Tax	5 927 000	321 000	−1 152 000	−1 564 000
Tax	107 000	0	−224 000	0
Net Income	5 820 000	321 000	−928 000	−1 564 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	78 000	295 000
Total Current Assets	16 133 000	9 989 000	11 354 000	9 303 000
Total Assets	16 133 000	9 989 000	11 432 000	9 599 000
Total Retained Equity	12 000	−4 427 000	−4 748 000	−3 820 000
Total Equity	2 156 000	−2 283 000	−2 604 000	−1 675 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	13 977 000	12 272 000	14 036 000	11 274 000
Total Equity and Debt	16 133 000	9 989 000	11 432 000	9 599 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 587 000	16 536 000	20 708 000	17 143 000
Other Income	0	250 000	0	0
Revenue	22 587 000	16 786 000	20 708 000	17 143 000
Cost of Goods Sold	6 386 000	6 288 000	10 388 000	7 261 000
Salary Costs	5 564 000	5 668 000	6 194 000	6 089 000
Depreciation	0	78 000	217 000	217 000
Impairment	0	0	0	0
Expenditure	16 677 000	16 445 000	21 767 000	18 566 000
Operating Profit	5 910 000	341 000	−1 060 000	−1 422 000
Financial Income	47 000	0	0	2 000
Financial Costs	30 000	21 000	92 000	144 000
Financial Balance	17 000	−21 000	−92 000	−142 000
Dividends	0	0	0	0
Net Income	5 820 000	321 000	−928 000	−1 564 000

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	0	0	78 000	295 000
Total Tangible Assets	0	0	78 000	295 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	78 000	295 000
Stock	5 154 000	3 108 000	3 225 000	3 030 000
Total Investments	3 000	3 000	3 000	3 000
Cash, Bank	203 000	183 000	183 000	10 000
Total Current Assets	16 133 000	9 989 000	11 354 000	9 303 000
Total Assets	16 133 000	9 989 000	11 432 000	9 599 000
Total Equity	2 156 000	−2 283 000	−2 604 000	−1 675 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 413 000	8 433 000	7 491 000	4 257 000
Unpaid Taxes	393 000	406 000	386 000	375 000
Dividends	0	0	0	0
Other Current Debt	11 171 000	3 434 000	6 159 000	6 642 000
Total Current Debt	13 977 000	12 272 000	14 036 000	11 274 000
Total Equity and Debt	16 133 000	9 989 000	11 432 000	9 599 000

Financial indicators	2022	2021	2020	2019
Return on Equity	269,94 %	−14,06 %	35,64 %	93,37 %
Debt-to-Equity Ratio	0	−0	−0	−0
Operating Profit Margin	26,17 %	2,03 %	−5,12 %	−8,29 %
Current Ratio	1,15	0,81	0,81	0,83
Quick Ratio	1,83	1,09	1,05	1,13
Equity Ratio	0,13	−0,23	−0,23	−0,17
Gross Profit Margin	71,73 %	62,54 %	49,84 %	57,64 %