HEXAGON AS

1163 OSLO

Finances

Return on Equity

213,81 %

Current Ratio

0,71

Debt-to-Equity Ratio

−1,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 064 000	14 235 000	14 603 000	15 056 000
Net Income	−1 208 000	1 484 000	1 028 000	376 000
Total Assets	4 743 000	6 278 000	2 966 000	2 128 000
Total Equity	−565 000	592 000	−1 397 000	−2 810 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 064 000	14 235 000	14 603 000	15 056 000
Expenditure	22 626 000	12 725 000	13 541 000	14 626 000
Operating Profit	−563 000	1 509 000	1 062 000	430 000
Financial Income	0	0	0	1 000
Financial Costs	759 000	13 000	34 000	56 000
Financial Balance	−759 000	−13 000	−34 000	−55 000
Earnings Before Tax	−1 322 000	1 496 000	1 028 000	376 000
Tax	−113 000	12 000	0	0
Net Income	−1 208 000	1 484 000	1 028 000	376 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 697 000	1 292 000	915 000	41 000
Total Current Assets	3 046 000	4 985 000	2 050 000	2 087 000
Total Assets	4 743 000	6 278 000	2 966 000	2 128 000
Total Retained Equity	−965 000	192 000	−1 797 000	−2 910 000
Total Equity	−565 000	592 000	−1 397 000	−2 810 000
Total Long-Term Debt	1 041 000	1 316 000	2 068 000	2 291 000
Total Current Debt	4 267 000	4 369 000	2 295 000	2 647 000
Total Equity and Debt	4 743 000	6 278 000	2 966 000	2 128 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 904 000	13 307 000	13 594 000	13 739 000
Other Income	1 160 000	928 000	1 009 000	1 317 000
Revenue	22 064 000	14 235 000	14 603 000	15 056 000
Cost of Goods Sold	9 828 000	5 967 000	5 669 000	5 331 000
Salary Costs	6 631 000	3 377 000	4 072 000	4 656 000
Depreciation	80 000	44 000	7 000	9 000
Impairment	0	0	0	0
Expenditure	22 626 000	12 725 000	13 541 000	14 626 000
Operating Profit	−563 000	1 509 000	1 062 000	430 000
Financial Income	0	0	0	1 000
Financial Costs	759 000	13 000	34 000	56 000
Financial Balance	−759 000	−13 000	−34 000	−55 000
Dividends	0	0	0	0
Net Income	−1 208 000	1 484 000	1 028 000	376 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	186 000	73 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	266 000	347 000	105 000	31 000
Total Tangible Assets	266 000	347 000	105 000	31 000
Total Fiancial Fixed Assets	1 245 000	873 000	810 000	10 000
Total Fixed Assets	1 697 000	1 292 000	915 000	41 000
Stock	721 000	721 000	864 000	1 014 000
Total Investments	0	0	0	0
Cash, Bank	1 657 000	2 162 000	537 000	658 000
Total Current Assets	3 046 000	4 985 000	2 050 000	2 087 000
Total Assets	4 743 000	6 278 000	2 966 000	2 128 000
Total Equity	−565 000	592 000	−1 397 000	−2 810 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 041 000	1 316 000	2 068 000	2 291 000
Creditors	1 482 000	1 560 000	995 000	567 000
Unpaid Taxes	304 000	231 000	153 000	194 000
Dividends	0	0	0	0
Other Current Debt	2 481 000	2 578 000	1 147 000	1 807 000
Total Current Debt	4 267 000	4 369 000	2 295 000	2 647 000
Total Equity and Debt	4 743 000	6 278 000	2 966 000	2 128 000

Financial indicators	2022	2021	2020	2019
Return on Equity	213,81 %	250,68 %	−73,59 %	−13,38 %
Debt-to-Equity Ratio	−1,84	2,22	−1,48	−0,82
Operating Profit Margin	−2,55 %	10,6 %	7,27 %	2,86 %
Current Ratio	0,71	1,14	0,89	0,79
Quick Ratio	0,86	1,37	1,43	1,28
Equity Ratio	−0,12	0,09	−0,47	−1,32
Gross Profit Margin	55,46 %	58,08 %	61,18 %	64,59 %