HIBOTECH AS

8300 SVOLVÆR

Finances

Return on Equity

26,77 %

Current Ratio

1,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 447 000	13 663 000	12 384 000	16 035 000
Net Income	1 080 000	523 000	136 000	486 000
Total Assets	9 062 000	5 431 000	5 253 000	6 318 000
Total Equity	4 034 000	3 555 000	3 632 000	3 196 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 447 000	13 663 000	12 384 000	16 035 000
Expenditure	19 051 000	12 983 000	12 216 000	15 387 000
Operating Profit	1 396 000	681 000	169 000	648 000
Financial Income	1 000	0	6 000	−4 000
Financial Costs	12 000	11 000	0	15 000
Financial Balance	−11 000	−11 000	6 000	−19 000
Earnings Before Tax	1 384 000	670 000	176 000	630 000
Tax	305 000	147 000	40 000	144 000
Net Income	1 080 000	523 000	136 000	486 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	305 000	335 000	353 000	120 000
Total Current Assets	8 757 000	5 096 000	4 900 000	6 198 000
Total Assets	9 062 000	5 431 000	5 253 000	6 318 000
Total Retained Equity	3 896 000	3 416 000	3 493 000	3 058 000
Total Equity	4 034 000	3 555 000	3 632 000	3 196 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 028 000	1 876 000	1 621 000	3 121 000
Total Equity and Debt	9 062 000	5 431 000	5 253 000	6 318 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 447 000	13 663 000	12 367 000	16 035 000
Other Income	0	0	17 000	0
Revenue	20 447 000	13 663 000	12 384 000	16 035 000
Cost of Goods Sold	12 652 000	8 498 000	7 351 000	9 648 000
Salary Costs	4 944 000	3 288 000	3 499 000	3 984 000
Depreciation	3 000	15 000	51 000	102 000
Impairment	0	0	0	0
Expenditure	19 051 000	12 983 000	12 216 000	15 387 000
Operating Profit	1 396 000	681 000	169 000	648 000
Financial Income	1 000	0	6 000	−4 000
Financial Costs	12 000	11 000	0	15 000
Financial Balance	−11 000	−11 000	6 000	−19 000
Dividends	600 000	600 000	0	600 000
Net Income	1 080 000	523 000	136 000	486 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	45 000	72 000	75 000	51 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	3 000	18 000	69 000
Total Tangible Assets	0	3 000	18 000	69 000
Total Fiancial Fixed Assets	260 000	260 000	260 000	0
Total Fixed Assets	305 000	335 000	353 000	120 000
Stock	2 552 000	1 824 000	2 215 000	1 911 000
Total Investments	0	0	0	0
Cash, Bank	2 559 000	1 807 000	1 749 000	1 365 000
Total Current Assets	8 757 000	5 096 000	4 900 000	6 198 000
Total Assets	9 062 000	5 431 000	5 253 000	6 318 000
Total Equity	4 034 000	3 555 000	3 632 000	3 196 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 415 000	483 000	611 000	967 000
Unpaid Taxes	1 068 000	941 000	561 000	792 000
Dividends	600 000	600 000	0	600 000
Other Current Debt	1 267 000	308 000	386 000	1 228 000
Total Current Debt	5 028 000	1 876 000	1 621 000	3 121 000
Total Equity and Debt	9 062 000	5 431 000	5 253 000	6 318 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,77 %	14,71 %	3,74 %	15,21 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,83 %	4,98 %	1,36 %	4,04 %
Current Ratio	1,74	2,72	3,02	1,99
Quick Ratio	3,54	98	−8,25	5,12
Equity Ratio	0,45	0,65	0,69	0,51
Gross Profit Margin	38,12 %	37,8 %	40,64 %	39,83 %