HITEC PRODUCTS GRUPPEN AS

4313 SANDNES

Finances

Return on Equity

8,33 %

Current Ratio

0,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	13 300 000	64 005 000	−97 000	−58 000
Total Assets	175 195 000	169 259 000	160 049 000	159 872 000
Total Equity	159 720 000	159 195 000	159 690 000	159 787 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	80 000	89 000	124 000	74 000
Operating Profit	−80 000	−89 000	−124 000	−74 000
Financial Income	13 232 000	64 500 000	0	0
Financial Costs	0	0	0	0
Financial Balance	13 232 000	64 500 000	0	0
Earnings Before Tax	13 152 000	64 411 000	−124 000	−74 000
Tax	−147 000	406 000	−27 000	−16 000
Net Income	13 300 000	64 005 000	−97 000	−58 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	160 064 000	159 779 000	159 897 000	159 869 000
Total Current Assets	15 132 000	9 479 000	152 000	3 000
Total Assets	175 195 000	169 259 000	160 049 000	159 872 000
Total Retained Equity	146 520 000	145 994 000	146 490 000	146 587 000
Total Equity	159 720 000	159 195 000	159 690 000	159 787 000
Total Long-Term Debt	0	5 000 000	0	0
Total Current Debt	15 475 000	5 064 000	358 000	85 000
Total Equity and Debt	175 195 000	169 259 000	160 049 000	159 872 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	80 000	89 000	124 000	74 000
Operating Profit	−80 000	−89 000	−124 000	−74 000
Financial Income	13 232 000	64 500 000	0	0
Financial Costs	0	0	0	0
Financial Balance	13 232 000	64 500 000	0	0
Dividends	13 200 000	0	0	0
Net Income	13 300 000	64 005 000	−97 000	−58 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	284 000	0	117 000	90 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	159 779 000	159 779 000	159 779 000	159 779 000
Total Fixed Assets	160 064 000	159 779 000	159 897 000	159 869 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	41 000	4 064 000	19 000	3 000
Total Current Assets	15 132 000	9 479 000	152 000	3 000
Total Assets	175 195 000	169 259 000	160 049 000	159 872 000
Total Equity	159 720 000	159 195 000	159 690 000	159 787 000
Short-Term Group Debt	2 275 000	4 775 000	330 000	85 000
Total Long-Term Debt	0	5 000 000	0	0
Creditors	0	0	28 000	0
Unpaid Taxes	0	0	0	0
Dividends	13 200 000	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	15 475 000	5 064 000	358 000	85 000
Total Equity and Debt	175 195 000	169 259 000	160 049 000	159 872 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,33 %	40,21 %	−0,06 %	−0,04 %
Debt-to-Equity Ratio	0	0,03	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	0,98	1,87	0,42	0,04
Quick Ratio	0,98	1,87	0,42	0,04
Equity Ratio	0,91	0,94	1	1
Gross Profit Margin	-	-	-	-