HARDNOR AS

5412 STORD

Finances

Share Ownership

Return on Equity

3,01 %

Current Ratio

3,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 652 000	16 985 000	15 410 000	16 806 000
Net Income	113 000	613 000	666 000	179 000
Total Assets	5 004 000	5 759 000	5 221 000	5 765 000
Total Equity	3 753 000	3 640 000	3 027 000	2 362 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 652 000	16 985 000	15 410 000	16 806 000
Expenditure	12 464 000	16 113 000	14 401 000	16 302 000
Operating Profit	188 000	872 000	1 009 000	503 000
Financial Income	37 000	50 000	25 000	19 000
Financial Costs	80 000	136 000	181 000	293 000
Financial Balance	−43 000	−86 000	−156 000	−274 000
Earnings Before Tax	145 000	786 000	854 000	230 000
Tax	32 000	173 000	188 000	50 000
Net Income	113 000	613 000	666 000	179 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 000	48 000	119 000	181 000
Total Current Assets	4 982 000	5 712 000	5 102 000	5 584 000
Total Assets	5 004 000	5 759 000	5 221 000	5 765 000
Total Retained Equity	1 553 000	1 440 000	827 000	162 000
Total Equity	3 753 000	3 640 000	3 027 000	2 362 000
Total Long-Term Debt	0	221 000	613 000	1 700 000
Total Current Debt	1 251 000	1 898 000	1 582 000	1 704 000
Total Equity and Debt	5 004 000	5 759 000	5 221 000	5 765 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 524 000	16 626 000	15 051 000	16 602 000
Other Income	128 000	359 000	358 000	204 000
Revenue	12 652 000	16 985 000	15 410 000	16 806 000
Cost of Goods Sold	9 385 000	12 812 000	11 462 000	12 852 000
Salary Costs	1 538 000	1 838 000	1 328 000	1 694 000
Depreciation	21 000	60 000	90 000	91 000
Impairment	0	0	0	0
Expenditure	12 464 000	16 113 000	14 401 000	16 302 000
Operating Profit	188 000	872 000	1 009 000	503 000
Financial Income	37 000	50 000	25 000	19 000
Financial Costs	80 000	136 000	181 000	293 000
Financial Balance	−43 000	−86 000	−156 000	−274 000
Dividends	0	0	0	0
Net Income	113 000	613 000	666 000	179 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	22 000	27 000	38 000	11 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	21 000	81 000	171 000
Total Tangible Assets	0	21 000	81 000	171 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 000	48 000	119 000	181 000
Stock	2 967 000	3 821 000	2 287 000	3 633 000
Total Investments	0	0	0	0
Cash, Bank	1 083 000	755 000	1 270 000	56 000
Total Current Assets	4 982 000	5 712 000	5 102 000	5 584 000
Total Assets	5 004 000	5 759 000	5 221 000	5 765 000
Total Equity	3 753 000	3 640 000	3 027 000	2 362 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	221 000	613 000	1 700 000
Creditors	807 000	492 000	399 000	320 000
Unpaid Taxes	261 000	885 000	768 000	602 000
Dividends	0	0	0	0
Other Current Debt	156 000	358 000	199 000	482 000
Total Current Debt	1 251 000	1 898 000	1 582 000	1 704 000
Total Equity and Debt	5 004 000	5 759 000	5 221 000	5 765 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,01 %	16,84 %	22 %	7,58 %
Debt-to-Equity Ratio	0	0,06	0,2	0,72
Operating Profit Margin	1,49 %	5,13 %	6,55 %	2,99 %
Current Ratio	3,98	3,01	3,23	3,28
Quick Ratio	−2,9	−2,97	−7,24	−2,89
Equity Ratio	0,75	0,63	0,58	0,41
Gross Profit Margin	25,82 %	24,57 %	25,62 %	23,53 %