HANTEK AUDIO AS

1154 OSLO

Finances

Share Ownership

Return on Equity

13,8 %

Current Ratio

1,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 719 000	3 956 000	4 050 000	6 075 000
Net Income	106 000	43 000	−26 000	246 000
Total Assets	1 585 000	1 545 000	1 440 000	1 957 000
Total Equity	768 000	862 000	819 000	846 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 719 000	3 956 000	4 050 000	6 075 000
Expenditure	4 388 000	3 515 000	4 107 000	5 725 000
Operating Profit	331 000	440 000	−56 000	349 000
Financial Income	24 000	10 000	68 000	19 000
Financial Costs	173 000	316 000	38 000	42 000
Financial Balance	−149 000	−306 000	30 000	−23 000
Earnings Before Tax	182 000	134 000	−26 000	327 000
Tax	76 000	92 000	0	80 000
Net Income	106 000	43 000	−26 000	246 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	500 000	683 000	956 000	983 000
Total Current Assets	1 085 000	862 000	483 000	973 000
Total Assets	1 585 000	1 545 000	1 440 000	1 957 000
Total Retained Equity	668 000	762 000	719 000	746 000
Total Equity	768 000	862 000	819 000	846 000
Total Long-Term Debt	0	0	89 000	187 000
Total Current Debt	817 000	683 000	531 000	924 000
Total Equity and Debt	1 585 000	1 545 000	1 440 000	1 957 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 719 000	3 890 000	3 945 000	6 075 000
Other Income	0	66 000	105 000	0
Revenue	4 719 000	3 956 000	4 050 000	6 075 000
Cost of Goods Sold	1 849 000	1 691 000	2 105 000	2 992 000
Salary Costs	1 685 000	1 129 000	1 248 000	1 593 000
Depreciation	0	11 000	27 000	40 000
Impairment	0	0	0	0
Expenditure	4 388 000	3 515 000	4 107 000	5 725 000
Operating Profit	331 000	440 000	−56 000	349 000
Financial Income	24 000	10 000	68 000	19 000
Financial Costs	173 000	316 000	38 000	42 000
Financial Balance	−149 000	−306 000	30 000	−23 000
Dividends	200 000	0	0	0
Net Income	106 000	43 000	−26 000	246 000

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	11 000	38 000
Total Tangible Assets	0	0	11 000	38 000
Total Fiancial Fixed Assets	500 000	683 000	945 000	945 000
Total Fixed Assets	500 000	683 000	956 000	983 000
Stock	34 000	46 000	61 000	152 000
Total Investments	0	0	0	0
Cash, Bank	812 000	582 000	261 000	532 000
Total Current Assets	1 085 000	862 000	483 000	973 000
Total Assets	1 585 000	1 545 000	1 440 000	1 957 000
Total Equity	768 000	862 000	819 000	846 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	89 000	187 000
Creditors	90 000	185 000	142 000	370 000
Unpaid Taxes	300 000	274 000	232 000	332 000
Dividends	200 000	0	0	0
Other Current Debt	151 000	133 000	157 000	155 000
Total Current Debt	817 000	683 000	531 000	924 000
Total Equity and Debt	1 585 000	1 545 000	1 440 000	1 957 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,8 %	4,99 %	−3,17 %	29,08 %
Debt-to-Equity Ratio	0	0	0,11	0,22
Operating Profit Margin	7,01 %	11,12 %	−1,38 %	5,74 %
Current Ratio	1,33	1,26	0,91	1,05
Quick Ratio	1,39	1,35	1,03	1,26
Equity Ratio	0,48	0,56	0,57	0,43
Gross Profit Margin	60,82 %	57,25 %	48,02 %	50,75 %