HARTMARK EXECUTIVE SEARCH AS

0275 OSLO

Finances

Return on Equity

78,72 %

Current Ratio

1,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 148 000	23 340 000	16 019 000	21 407 000
Net Income	1 898 000	2 190 000	767 000	1 439 000
Total Assets	7 425 000	7 306 000	5 380 000	6 866 000
Total Equity	2 411 000	2 133 000	1 525 000	2 367 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 148 000	23 340 000	16 019 000	21 407 000
Expenditure	21 724 000	20 536 000	15 007 000	19 548 000
Operating Profit	2 424 000	2 804 000	1 011 000	1 859 000
Financial Income	19 000	7 000	7 000	24 000
Financial Costs	10 000	3 000	35 000	33 000
Financial Balance	9 000	4 000	−28 000	−9 000
Earnings Before Tax	2 434 000	2 808 000	983 000	1 850 000
Tax	535 000	618 000	216 000	410 000
Net Income	1 898 000	2 190 000	767 000	1 439 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	678 000	469 000	23 000	18 000
Total Current Assets	6 748 000	6 838 000	5 356 000	6 849 000
Total Assets	7 425 000	7 306 000	5 380 000	6 866 000
Total Retained Equity	1 914 000	1 619 000	1 838 000	1 869 000
Total Equity	2 411 000	2 133 000	1 525 000	2 367 000
Total Long-Term Debt	0	11 000	0	0
Total Current Debt	5 014 000	5 162 000	3 855 000	4 499 000
Total Equity and Debt	7 425 000	7 306 000	5 380 000	6 866 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 148 000	23 337 000	16 019 000	21 407 000
Other Income	0	2 000	0	0
Revenue	24 148 000	23 340 000	16 019 000	21 407 000
Cost of Goods Sold	11 822 000	12 367 000	8 466 000	10 962 000
Salary Costs	5 795 000	4 311 000	3 543 000	5 039 000
Depreciation	191 000	42 000	14 000	21 000
Impairment	0	0	0	0
Expenditure	21 724 000	20 536 000	15 007 000	19 548 000
Operating Profit	2 424 000	2 804 000	1 011 000	1 859 000
Financial Income	19 000	7 000	7 000	24 000
Financial Costs	10 000	3 000	35 000	33 000
Financial Balance	9 000	4 000	−28 000	−9 000
Dividends	1 281 000	1 850 000	1 575 000	0
Net Income	1 898 000	2 190 000	767 000	1 439 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	0	3 000	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	403 000	439 000	20 000	14 000
Total Tangible Assets	403 000	439 000	20 000	14 000
Total Fiancial Fixed Assets	269 000	30 000	0	0
Total Fixed Assets	678 000	469 000	23 000	18 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 330 000	3 818 000	3 125 000	3 457 000
Total Current Assets	6 748 000	6 838 000	5 356 000	6 849 000
Total Assets	7 425 000	7 306 000	5 380 000	6 866 000
Total Equity	2 411 000	2 133 000	1 525 000	2 367 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	11 000	0	0
Creditors	1 734 000	1 424 000	1 131 000	1 836 000
Unpaid Taxes	768 000	882 000	559 000	965 000
Dividends	1 281 000	1 850 000	1 575 000	0
Other Current Debt	746 000	402 000	373 000	1 286 000
Total Current Debt	5 014 000	5 162 000	3 855 000	4 499 000
Total Equity and Debt	7 425 000	7 306 000	5 380 000	6 866 000

Financial indicators	2022	2021	2020	2019
Return on Equity	78,72 %	102,67 %	50,3 %	60,79 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	10,04 %	12,01 %	6,31 %	8,68 %
Current Ratio	1,35	1,32	1,39	1,52
Quick Ratio	1,35	1,32	1,39	1,52
Equity Ratio	0,32	0,29	0,28	0,34
Gross Profit Margin	51,04 %	47,01 %	47,15 %	48,79 %