HCON AS

4034 STAVANGER

Finances

Return on Equity

14,15 %

Current Ratio

12,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 712 000	3 052 000	2 935 000	260 000
Net Income	2 821 000	2 348 000	1 709 000	187 000
Total Assets	21 380 000	18 085 000	15 979 000	13 246 000
Total Equity	19 938 000	17 117 000	14 769 000	13 060 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 712 000	3 052 000	2 935 000	260 000
Expenditure	1 415 000	1 093 000	1 281 000	254 000
Operating Profit	3 298 000	1 960 000	1 655 000	6 000
Financial Income	688 000	1 181 000	264 000	192 000
Financial Costs	349 000	335 000	59 000	10 000
Financial Balance	339 000	846 000	205 000	182 000
Earnings Before Tax	3 636 000	2 805 000	1 860 000	187 000
Tax	815 000	457 000	151 000	0
Net Income	2 821 000	2 348 000	1 709 000	187 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 387 000	3 387 000	3 387 000	3 387 000
Total Current Assets	17 993 000	14 697 000	12 591 000	9 858 000
Total Assets	21 380 000	18 085 000	15 979 000	13 246 000
Total Retained Equity	19 838 000	17 017 000	14 669 000	12 960 000
Total Equity	19 938 000	17 117 000	14 769 000	13 060 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 442 000	968 000	1 210 000	186 000
Total Equity and Debt	21 380 000	18 085 000	15 979 000	13 246 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 622 000	2 962 000	2 815 000	140 000
Other Income	90 000	90 000	120 000	120 000
Revenue	4 712 000	3 052 000	2 935 000	260 000
Cost of Goods Sold	86 000	73 000	73 000	108 000
Salary Costs	1 027 000	880 000	1 105 000	28 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 415 000	1 093 000	1 281 000	254 000
Operating Profit	3 298 000	1 960 000	1 655 000	6 000
Financial Income	688 000	1 181 000	264 000	192 000
Financial Costs	349 000	335 000	59 000	10 000
Financial Balance	339 000	846 000	205 000	182 000
Dividends	0	0	0	0
Net Income	2 821 000	2 348 000	1 709 000	187 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 387 000	3 387 000	3 387 000	3 387 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 387 000	3 387 000	3 387 000	3 387 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 387 000	3 387 000	3 387 000	3 387 000
Stock	0	0	0	0
Total Investments	5 784 000	6 130 000	4 834 000	4 461 000
Cash, Bank	11 387 000	7 758 000	7 224 000	5 215 000
Total Current Assets	17 993 000	14 697 000	12 591 000	9 858 000
Total Assets	21 380 000	18 085 000	15 979 000	13 246 000
Total Equity	19 938 000	17 117 000	14 769 000	13 060 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	3 000	1 000	0
Unpaid Taxes	285 000	215 000	699 000	36 000
Dividends	0	0	0	0
Other Current Debt	342 000	293 000	360 000	150 000
Total Current Debt	1 442 000	968 000	1 210 000	186 000
Total Equity and Debt	21 380 000	18 085 000	15 979 000	13 246 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,15 %	13,72 %	11,57 %	1,43 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	69,99 %	64,22 %	56,39 %	2,31 %
Current Ratio	12,48	15,18	10,41	53
Quick Ratio	12,48	15,18	10,41	53
Equity Ratio	0,93	0,95	0,92	0,99
Gross Profit Margin	98,17 %	97,61 %	97,51 %	58,46 %