HG TEKNIKK AS

6060 HAREID

Finances

Return on Equity

101,61 %

Current Ratio

1,18

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	276 012 000	231 902 000	188 235 000	308 045 000
Net Income	23 421 000	15 685 000	3 241 000	3 771 000
Total Assets	112 474 000	102 839 000	91 432 000	113 011 000
Total Equity	23 049 000	22 047 000	20 500 000	20 000 000

Income (NOK)	2022	2021	2020	2019
Revenue	276 012 000	231 902 000	188 235 000	308 045 000
Expenditure	246 571 000	211 873 000	184 275 000	307 486 000
Operating Profit	29 441 000	20 028 000	3 959 000	559 000
Financial Income	1 416 000	582 000	1 472 000	4 820 000
Financial Costs	688 000	484 000	1 284 000	524 000
Financial Balance	728 000	98 000	188 000	4 296 000
Earnings Before Tax	30 169 000	20 126 000	4 147 000	4 854 000
Tax	6 748 000	4 441 000	906 000	1 083 000
Net Income	23 421 000	15 685 000	3 241 000	3 771 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 454 000	27 440 000	32 125 000	25 843 000
Total Current Assets	98 019 000	75 399 000	59 307 000	87 168 000
Total Assets	112 474 000	102 839 000	91 432 000	113 011 000
Total Retained Equity	2 549 000	1 547 000	0	4 229 000
Total Equity	23 049 000	22 047 000	20 500 000	20 000 000
Total Long-Term Debt	6 357 000	3 180 000	695 000	3 953 000
Total Current Debt	83 067 000	77 611 000	70 237 000	89 058 000
Total Equity and Debt	112 474 000	102 839 000	91 432 000	113 011 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	276 012 000	231 902 000	188 235 000	308 045 000
Other Income	0	0	0	0
Revenue	276 012 000	231 902 000	188 235 000	308 045 000
Cost of Goods Sold	150 740 000	139 116 000	91 753 000	226 601 000
Salary Costs	71 654 000	58 587 000	55 623 000	62 662 000
Depreciation	726 000	442 000	170 000	188 000
Impairment	0	0	0	0
Expenditure	246 571 000	211 873 000	184 275 000	307 486 000
Operating Profit	29 441 000	20 028 000	3 959 000	559 000
Financial Income	1 416 000	582 000	1 472 000	4 820 000
Financial Costs	688 000	484 000	1 284 000	524 000
Financial Balance	728 000	98 000	188 000	4 296 000
Dividends	0	0	0	0
Net Income	23 421 000	15 685 000	3 241 000	3 771 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	232 000	298 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 909 000	1 880 000	819 000	438 000
Total Tangible Assets	3 909 000	1 880 000	819 000	438 000
Total Fiancial Fixed Assets	10 313 000	25 262 000	31 306 000	25 405 000
Total Fixed Assets	14 454 000	27 440 000	32 125 000	25 843 000
Stock	18 254 000	13 608 000	11 790 000	10 205 000
Total Investments	1 000	139 000	242 000	25 000
Cash, Bank	44 862 000	39 026 000	19 220 000	12 048 000
Total Current Assets	98 019 000	75 399 000	59 307 000	87 168 000
Total Assets	112 474 000	102 839 000	91 432 000	113 011 000
Total Equity	23 049 000	22 047 000	20 500 000	20 000 000
Short-Term Group Debt	20 000 000	17 395 000	20 103 000	2 406 000
Total Long-Term Debt	6 357 000	3 180 000	695 000	3 953 000
Creditors	19 883 000	10 196 000	14 291 000	31 804 000
Unpaid Taxes	9 252 000	10 011 000	9 506 000	7 956 000
Dividends	0	0	0	0
Other Current Debt	32 631 000	39 960 000	24 556 000	34 537 000
Total Current Debt	83 067 000	77 611 000	70 237 000	89 058 000
Total Equity and Debt	112 474 000	102 839 000	91 432 000	113 011 000

Financial indicators	2022	2021	2020	2019
Return on Equity	101,61 %	71,14 %	15,81 %	18,86 %
Debt-to-Equity Ratio	0,28	0,14	0,03	0,2
Operating Profit Margin	10,67 %	8,64 %	2,1 %	0,18 %
Current Ratio	1,18	0,97	0,84	0,98
Quick Ratio	1,51	1,18	1,01	1,11
Equity Ratio	0,2	0,21	0,22	0,18
Gross Profit Margin	45,39 %	40,01 %	51,26 %	26,44 %