HITECVISION AS

4020 STAVANGER

Finances

Return on Equity

136,24 %

Current Ratio

0,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 212 854 000	408 677 000	300 083 000	389 424 000
Net Income	853 627 000	153 967 000	59 808 000	140 084 000
Total Assets	1 594 696 000	892 533 000	762 237 000	777 264 000
Total Equity	626 576 000	703 831 000	675 730 000	646 661 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 212 854 000	408 677 000	300 083 000	389 424 000
Expenditure	351 686 000	250 284 000	233 450 000	246 271 000
Operating Profit	861 167 000	158 393 000	66 632 000	143 153 000
Financial Income	3 970 000	772 000	799 000	2 648 000
Financial Costs	3 087 000	1 254 000	2 028 000	1 121 000
Financial Balance	883 000	−482 000	−1 229 000	1 527 000
Earnings Before Tax	862 050 000	157 911 000	65 403 000	144 680 000
Tax	8 423 000	3 944 000	5 595 000	4 596 000
Net Income	853 627 000	153 967 000	59 808 000	140 084 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	824 826 000	775 333 000	676 152 000	564 155 000
Total Current Assets	769 870 000	117 200 000	86 085 000	213 109 000
Total Assets	1 594 696 000	892 533 000	762 237 000	777 264 000
Total Retained Equity	626 243 000	703 498 000	675 398 000	646 328 000
Total Equity	626 576 000	703 831 000	675 730 000	646 661 000
Total Long-Term Debt	692 000	0	0	0
Total Current Debt	967 428 000	188 702 000	86 507 000	130 603 000
Total Equity and Debt	1 594 696 000	892 533 000	762 237 000	777 264 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	350 260 000	266 561 000	252 066 000	256 305 000
Other Income	862 594 000	142 116 000	48 017 000	133 119 000
Revenue	1 212 854 000	408 677 000	300 083 000	389 424 000
Cost of Goods Sold	6 353 000	3 109 000	8 983 000	10 486 000
Salary Costs	269 303 000	203 043 000	182 443 000	182 075 000
Depreciation	3 484 000	3 558 000	3 054 000	2 411 000
Impairment	17 668 000	0	0	0
Expenditure	351 686 000	250 284 000	233 450 000	246 271 000
Operating Profit	861 167 000	158 393 000	66 632 000	143 153 000
Financial Income	3 970 000	772 000	799 000	2 648 000
Financial Costs	3 087 000	1 254 000	2 028 000	1 121 000
Financial Balance	883 000	−482 000	−1 229 000	1 527 000
Dividends	0	0	0	0
Net Income	853 627 000	153 967 000	59 808 000	140 084 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	235 000	589 000	828 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 671 000	8 000 000	9 960 000	7 448 000
Total Tangible Assets	10 671 000	8 000 000	9 960 000	7 448 000
Total Fiancial Fixed Assets	814 156 000	767 098 000	665 603 000	555 879 000
Total Fixed Assets	824 826 000	775 333 000	676 152 000	564 155 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	526 362 000	54 892 000	66 741 000	139 376 000
Total Current Assets	769 870 000	117 200 000	86 085 000	213 109 000
Total Assets	1 594 696 000	892 533 000	762 237 000	777 264 000
Total Equity	626 576 000	703 831 000	675 730 000	646 661 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	692 000	0	0	0
Creditors	275 000	2 795 000	1 698 000	1 524 000
Unpaid Taxes	20 991 000	16 794 000	15 061 000	15 970 000
Dividends	0	0	0	0
Other Current Debt	27 881 000	18 364 000	27 651 000	22 568 000
Total Current Debt	967 428 000	188 702 000	86 507 000	130 603 000
Total Equity and Debt	1 594 696 000	892 533 000	762 237 000	777 264 000

Financial indicators	2022	2021	2020	2019
Return on Equity	136,24 %	21,88 %	8,85 %	21,66 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	71 %	38,76 %	22,2 %	36,76 %
Current Ratio	0,8	0,62	1	1,63
Quick Ratio	0,8	0,62	1	1,63
Equity Ratio	0,39	0,79	0,89	0,83
Gross Profit Margin	99,48 %	99,24 %	97,01 %	97,31 %