HYDEX AS

5381 GLESVÆR

Finances

Share Ownership

Return on Equity

14,78 %

Current Ratio

1,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 031 000	21 744 000	11 091 000	14 777 000
Net Income	200 000	316 000	−56 000	−26 000
Total Assets	2 849 000	7 594 000	12 214 000	6 885 000
Total Equity	1 353 000	1 152 000	1 136 000	5 097 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 031 000	21 744 000	11 091 000	14 777 000
Expenditure	27 713 000	21 438 000	11 146 000	14 839 000
Operating Profit	318 000	306 000	−68 000	−64 000
Financial Income	35 000	86 000	55 000	63 000
Financial Costs	30 000	6 000	43 000	25 000
Financial Balance	5 000	80 000	12 000	38 000
Earnings Before Tax	323 000	387 000	−56 000	−26 000
Tax	122 000	71 000	0	0
Net Income	200 000	316 000	−56 000	−26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	40 000	74 000	72 000
Total Current Assets	2 834 000	7 554 000	12 139 000	6 813 000
Total Assets	2 849 000	7 594 000	12 214 000	6 885 000
Total Retained Equity	1 143 000	942 000	926 000	4 887 000
Total Equity	1 353 000	1 152 000	1 136 000	5 097 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 496 000	6 442 000	11 077 000	1 789 000
Total Equity and Debt	2 849 000	7 594 000	12 214 000	6 885 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 904 000	21 744 000	11 091 000	14 777 000
Other Income	127 000	0	0	0
Revenue	28 031 000	21 744 000	11 091 000	14 777 000
Cost of Goods Sold	25 759 000	18 927 000	9 188 000	11 738 000
Salary Costs	1 318 000	1 623 000	1 235 000	1 428 000
Depreciation	7 000	34 000	33 000	27 000
Impairment	0	0	0	0
Expenditure	27 713 000	21 438 000	11 146 000	14 839 000
Operating Profit	318 000	306 000	−68 000	−64 000
Financial Income	35 000	86 000	55 000	63 000
Financial Costs	30 000	6 000	43 000	25 000
Financial Balance	5 000	80 000	12 000	38 000
Dividends	0	300 000	4 000 000	0
Net Income	200 000	316 000	−56 000	−26 000

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	15 000	40 000	74 000	72 000
Fixtures	0	0	0	0
Total Tangible Assets	15 000	40 000	74 000	72 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 000	40 000	74 000	72 000
Stock	642 000	3 582 000	5 165 000	2 166 000
Total Investments	0	0	0	0
Cash, Bank	2 017 000	3 538 000	5 816 000	4 516 000
Total Current Assets	2 834 000	7 554 000	12 139 000	6 813 000
Total Assets	2 849 000	7 594 000	12 214 000	6 885 000
Total Equity	1 353 000	1 152 000	1 136 000	5 097 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	9 000	318 000	62 000	69 000
Unpaid Taxes	177 000	183 000	70 000	120 000
Dividends	0	300 000	4 000 000	0
Other Current Debt	1 187 000	5 570 000	6 945 000	1 600 000
Total Current Debt	1 496 000	6 442 000	11 077 000	1 789 000
Total Equity and Debt	2 849 000	7 594 000	12 214 000	6 885 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,78 %	27,43 %	−4,93 %	−0,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,13 %	1,41 %	−0,61 %	−0,43 %
Current Ratio	1,89	1,17	1,1	3,81
Quick Ratio	3,32	2,64	2,05	−18,07
Equity Ratio	0,47	0,15	0,09	0,74
Gross Profit Margin	8,11 %	12,96 %	17,16 %	20,57 %