HAY GROUP AS

0250 OSLO

Finances

Share Ownership

Return on Equity

26,58 %

Current Ratio

2,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 421 000	25 299 000	28 095 000	25 738 000
Net Income	6 819 000	7 661 000	5 636 000	5 060 000
Total Assets	46 671 000	36 491 000	25 047 000	18 013 000
Total Equity	25 653 000	19 711 000	12 050 000	6 415 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 421 000	25 299 000	28 095 000	25 738 000
Expenditure	25 111 000	16 384 000	22 075 000	20 539 000
Operating Profit	9 310 000	8 915 000	6 020 000	5 199 000
Financial Income	200 000	827 000	−254 000	18 000
Financial Costs	582 000	136 000	130 000	157 000
Financial Balance	−382 000	691 000	−384 000	−139 000
Earnings Before Tax	8 927 000	9 606 000	5 636 000	5 060 000
Tax	2 109 000	1 945 000	0	0
Net Income	6 819 000	7 661 000	5 636 000	5 060 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	8 000	35 000
Total Current Assets	46 671 000	36 491 000	25 038 000	17 977 000
Total Assets	46 671 000	36 491 000	25 047 000	18 013 000
Total Retained Equity	9 111 000	3 169 000	−4 492 000	−10 128 000
Total Equity	25 653 000	19 711 000	12 050 000	6 415 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	21 018 000	16 780 000	12 996 000	11 598 000
Total Equity and Debt	46 671 000	36 491 000	25 047 000	18 013 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 421 000	25 299 000	28 095 000	25 738 000
Other Income	0	0	0	0
Revenue	34 421 000	25 299 000	28 095 000	25 738 000
Cost of Goods Sold	0	0	0	0
Salary Costs	15 128 000	10 945 000	13 008 000	11 047 000
Depreciation	0	8 000	27 000	31 000
Impairment	0	0	0	0
Expenditure	25 111 000	16 384 000	22 075 000	20 539 000
Operating Profit	9 310 000	8 915 000	6 020 000	5 199 000
Financial Income	200 000	827 000	−254 000	18 000
Financial Costs	582 000	136 000	130 000	157 000
Financial Balance	−382 000	691 000	−384 000	−139 000
Dividends	0	0	0	0
Net Income	6 819 000	7 661 000	5 636 000	5 060 000

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	8 000	35 000
Total Tangible Assets	0	0	8 000	35 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	8 000	35 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	40 220 000	29 161 000	20 385 000	13 160 000
Total Current Assets	46 671 000	36 491 000	25 038 000	17 977 000
Total Assets	46 671 000	36 491 000	25 047 000	18 013 000
Total Equity	25 653 000	19 711 000	12 050 000	6 415 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 968 000	5 582 000	3 258 000	1 429 000
Unpaid Taxes	2 401 000	1 618 000	2 304 000	2 122 000
Dividends	0	0	0	0
Other Current Debt	12 803 000	9 579 000	7 435 000	8 047 000
Total Current Debt	21 018 000	16 780 000	12 996 000	11 598 000
Total Equity and Debt	46 671 000	36 491 000	25 047 000	18 013 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,58 %	38,87 %	46,77 %	78,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	27,05 %	35,24 %	21,43 %	20,2 %
Current Ratio	2,22	2,17	1,93	1,55
Quick Ratio	2,22	2,17	1,93	1,55
Equity Ratio	0,55	0,54	0,48	0,36
Gross Profit Margin	100 %	100 %	100 %	100 %