HYTECH ENERGY SERVICES AS

4353 KLEPP STASJON

Finances

Share Ownership

Return on Equity

115,68 %

Current Ratio

0,84

Debt-to-Equity Ratio

−1,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	149 000	300 000	60 000	0
Net Income	−804 000	−728 000	7 000	0
Total Assets	514 000	1 044 000	890 000	832 000
Total Equity	−695 000	109 000	837 000	830 000

Income (NOK)	2022	2021	2020
Revenue	149 000	300 000	60 000
Expenditure	1 171 000	1 234 000	51 000
Operating Profit	−1 022 000	−934 000	9 000
Financial Income	0	0	0
Financial Costs	5 000	0	0
Financial Balance	−5 000	0	0
Earnings Before Tax	−1 027 000	−934 000	9 000
Tax	−224 000	−205 000	2 000
Net Income	−804 000	−728 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	432 000	1 036 000	830 000	832 000
Total Current Assets	82 000	8 000	60 000	0
Total Assets	514 000	1 044 000	890 000	832 000
Total Retained Equity	−1 457 000	−653 000	75 000	68 000
Total Equity	−695 000	109 000	837 000	830 000
Total Long-Term Debt	1 111 000	335 000	38 000	0
Total Current Debt	98 000	600 000	15 000	2 000
Total Equity and Debt	514 000	1 044 000	890 000	832 000

Cash flow (NOK)	2022	2021	2020
Sales Income	149 000	360 000	0
Other Income	0	−60 000	60 000
Revenue	149 000	300 000	60 000
Cost of Goods Sold	144 000	0	0
Salary Costs	628 000	624 000	51 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 171 000	1 234 000	51 000
Operating Profit	−1 022 000	−934 000	9 000
Financial Income	0	0	0
Financial Costs	5 000	0	0
Financial Balance	−5 000	0	0
Dividends	0	0	0
Net Income	−804 000	−728 000	7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	432 000	208 000	3 000	5 000
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	0	827 000	827 000	827 000
Total Fixed Assets	432 000	1 036 000	830 000	832 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	29 000	8 000	0	0
Total Current Assets	82 000	8 000	60 000	0
Total Assets	514 000	1 044 000	890 000	832 000
Total Equity	−695 000	109 000	837 000	830 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 111 000	335 000	38 000	0
Creditors	4 000	504 000	0	0
Unpaid Taxes	16 000	29 000	10 000	0
Dividends	0	0	0	0
Other Current Debt	78 000	67 000	5 000	2 000
Total Current Debt	98 000	600 000	15 000	2 000
Total Equity and Debt	514 000	1 044 000	890 000	832 000

Financial indicators	2022	2021	2020	2019
Return on Equity	115,68 %	−667,89 %	0,84 %	0 %
Debt-to-Equity Ratio	−1,6	3,07	0,05	0
Operating Profit Margin	−685,91 %	−311,33 %	15 %	-
Current Ratio	0,84	0,01	4	0
Quick Ratio	0,84	0,01	4	0
Equity Ratio	−1,35	0,1	0,94	1
Gross Profit Margin	3,36 %	100 %	100 %	-