HYTECH ENGINEERING & SERVICES AS

4353 KLEPP STASJON

Finances

Share Ownership

Return on Equity

−51,23 %

Current Ratio

1,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 723 000	18 632 000	12 308 000	25 313 000
Net Income	−2 884 000	−4 659 000	−1 635 000	1 259 000
Total Assets	15 415 000	15 295 000	9 729 000	11 940 000
Total Equity	5 630 000	5 737 000	6 250 000	7 320 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 723 000	18 632 000	12 308 000	25 313 000
Expenditure	23 986 000	24 455 000	15 541 000	23 950 000
Operating Profit	−3 263 000	−5 822 000	−3 233 000	1 362 000
Financial Income	113 000	10 000	896 000	58 000
Financial Costs	532 000	136 000	75 000	53 000
Financial Balance	−419 000	−126 000	821 000	5 000
Earnings Before Tax	−3 682 000	−5 948 000	−2 412 000	1 367 000
Tax	−798 000	−1 289 000	−777 000	108 000
Net Income	−2 884 000	−4 659 000	−1 635 000	1 259 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 199 000	2 168 000	5 338 000	4 366 000
Total Current Assets	11 216 000	13 127 000	4 391 000	7 574 000
Total Assets	15 415 000	15 295 000	9 729 000	11 940 000
Total Retained Equity	0	0	−410 000	1 224 000
Total Equity	5 630 000	5 737 000	6 250 000	7 320 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 785 000	9 559 000	3 479 000	4 620 000
Total Equity and Debt	15 415 000	15 295 000	9 729 000	11 940 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 723 000	17 932 000	11 925 000	25 313 000
Other Income	0	700 000	383 000	0
Revenue	20 723 000	18 632 000	12 308 000	25 313 000
Cost of Goods Sold	8 772 000	8 283 000	6 668 000	12 056 000
Salary Costs	10 392 000	11 472 000	4 485 000	6 764 000
Depreciation	475 000	1 056 000	1 052 000	998 000
Impairment	0	0	0	0
Expenditure	23 986 000	24 455 000	15 541 000	23 950 000
Operating Profit	−3 263 000	−5 822 000	−3 233 000	1 362 000
Financial Income	113 000	10 000	896 000	58 000
Financial Costs	532 000	136 000	75 000	53 000
Financial Balance	−419 000	−126 000	821 000	5 000
Dividends	0	0	0	0
Net Income	−2 884 000	−4 659 000	−1 635 000	1 259 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	3 000 000	0	0	0
Total Intangible Assets	3 820 000	1 106 000	1 886 000	2 168 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	380 000	465 000	492 000	619 000
Total Tangible Assets	380 000	465 000	492 000	619 000
Total Fiancial Fixed Assets	0	597 000	2 960 000	1 579 000
Total Fixed Assets	4 199 000	2 168 000	5 338 000	4 366 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	457 000	857 000	615 000	3 065 000
Total Current Assets	11 216 000	13 127 000	4 391 000	7 574 000
Total Assets	15 415 000	15 295 000	9 729 000	11 940 000
Total Equity	5 630 000	5 737 000	6 250 000	7 320 000
Short-Term Group Debt	201 000	17 000	418 000	400 000
Total Long-Term Debt	0	0	0	0
Creditors	3 645 000	1 901 000	2 134 000	1 579 000
Unpaid Taxes	1 453 000	1 474 000	316 000	2 291 000
Dividends	0	0	0	0
Other Current Debt	1 451 000	2 106 000	612 000	350 000
Total Current Debt	9 785 000	9 559 000	3 479 000	4 620 000
Total Equity and Debt	15 415 000	15 295 000	9 729 000	11 940 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−51,23 %	−81,21 %	−26,16 %	17,2 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−15,75 %	−31,25 %	−26,27 %	5,38 %
Current Ratio	1,15	1,37	1,26	1,64
Quick Ratio	1,15	1,37	1,26	1,64
Equity Ratio	0,37	0,38	0,64	0,61
Gross Profit Margin	57,67 %	55,54 %	45,82 %	52,37 %