HETEC AS

3516 HØNEFOSS

Finances

Share Ownership

Return on Equity

25,1 %

Current Ratio

1,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 359 000	6 893 000	7 165 000	6 973 000
Net Income	389 000	107 000	306 000	−402 000
Total Assets	2 936 000	3 018 000	4 864 000	3 566 000
Total Equity	1 550 000	1 161 000	1 055 000	1 499 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 359 000	6 893 000	7 165 000	6 973 000
Expenditure	7 824 000	6 654 000	6 693 000	7 355 000
Operating Profit	536 000	239 000	472 000	−382 000
Financial Income	1 000	0	0	0
Financial Costs	38 000	90 000	71 000	95 000
Financial Balance	−37 000	−90 000	−71 000	−95 000
Earnings Before Tax	498 000	148 000	402 000	−477 000
Tax	110 000	42 000	96 000	−75 000
Net Income	389 000	107 000	306 000	−402 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	280 000	348 000	407 000	310 000
Total Current Assets	2 656 000	2 670 000	4 457 000	3 255 000
Total Assets	2 936 000	3 018 000	4 864 000	3 566 000
Total Retained Equity	1 446 000	1 058 000	951 000	1 395 000
Total Equity	1 550 000	1 161 000	1 055 000	1 499 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 386 000	1 856 000	3 809 000	2 067 000
Total Equity and Debt	2 936 000	3 018 000	4 864 000	3 566 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 359 000	6 893 000	7 165 000	6 973 000
Other Income	0	0	0	0
Revenue	8 359 000	6 893 000	7 165 000	6 973 000
Cost of Goods Sold	2 411 000	1 514 000	1 517 000	1 887 000
Salary Costs	3 499 000	3 244 000	2 869 000	3 112 000
Depreciation	69 000	99 000	113 000	112 000
Impairment	0	0	0	0
Expenditure	7 824 000	6 654 000	6 693 000	7 355 000
Operating Profit	536 000	239 000	472 000	−382 000
Financial Income	1 000	0	0	0
Financial Costs	38 000	90 000	71 000	95 000
Financial Balance	−37 000	−90 000	−71 000	−95 000
Dividends	0	0	0	0
Net Income	389 000	107 000	306 000	−402 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	31 000	49 000	48 000	86 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	157 000	174 000	175 000	170 000
Fixtures	93 000	125 000	184 000	54 000
Total Tangible Assets	250 000	299 000	359 000	224 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	280 000	348 000	407 000	310 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	180 000	80 000	0	358 000
Total Current Assets	2 656 000	2 670 000	4 457 000	3 255 000
Total Assets	2 936 000	3 018 000	4 864 000	3 566 000
Total Equity	1 550 000	1 161 000	1 055 000	1 499 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	410 000	407 000	840 000	297 000
Unpaid Taxes	501 000	835 000	1 542 000	1 292 000
Dividends	0	0	0	0
Other Current Debt	329 000	376 000	497 000	431 000
Total Current Debt	1 386 000	1 856 000	3 809 000	2 067 000
Total Equity and Debt	2 936 000	3 018 000	4 864 000	3 566 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,1 %	9,22 %	29 %	−26,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,41 %	3,47 %	6,59 %	−5,48 %
Current Ratio	1,92	1,44	1,17	1,57
Quick Ratio	1,92	1,44	1,17	1,57
Equity Ratio	0,53	0,38	0,22	0,42
Gross Profit Margin	71,16 %	78,04 %	78,83 %	72,94 %