HARTECH HOLDING AS

1630 GAMLE FREDRIKSTAD

Finances

Return on Equity

10,84 %

Current Ratio

4,2

Debt-to-Equity Ratio

4,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	828 000	709 000	1 091 000	1 993 000
Net Income	99 000	314 000	−17 000	−1 045 000
Total Assets	5 039 000	4 929 000	5 125 000	5 867 000
Total Equity	913 000	814 000	699 000	1 197 000

Income (NOK)	2022	2021	2020	2019
Revenue	828 000	709 000	1 091 000	1 993 000
Expenditure	539 000	501 000	1 170 000	1 886 000
Operating Profit	288 000	208 000	−78 000	106 000
Financial Income	0	0	182 000	15 000
Financial Costs	189 000	−107 000	121 000	1 331 000
Financial Balance	−189 000	107 000	61 000	−1 316 000
Earnings Before Tax	99 000	314 000	−17 000	−1 210 000
Tax	0	0	0	−165 000
Net Income	99 000	314 000	−17 000	−1 045 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 867 000	4 668 000	4 893 000	5 137 000
Total Current Assets	172 000	261 000	232 000	731 000
Total Assets	5 039 000	4 929 000	5 125 000	5 867 000
Total Retained Equity	−1 287 000	−1 386 000	−1 501 000	−1 484 000
Total Equity	913 000	814 000	699 000	1 197 000
Total Long-Term Debt	4 086 000	3 844 000	4 191 000	4 361 000
Total Current Debt	41 000	272 000	234 000	309 000
Total Equity and Debt	5 039 000	4 929 000	5 125 000	5 867 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	64 000	0	455 000	1 185 000
Other Income	764 000	709 000	636 000	808 000
Revenue	828 000	709 000	1 091 000	1 993 000
Cost of Goods Sold	0	0	301 000	623 000
Salary Costs	0	0	220 000	698 000
Depreciation	220 000	224 000	229 000	192 000
Impairment	0	0	0	0
Expenditure	539 000	501 000	1 170 000	1 886 000
Operating Profit	288 000	208 000	−78 000	106 000
Financial Income	0	0	182 000	15 000
Financial Costs	189 000	−107 000	121 000	1 331 000
Financial Balance	−189 000	107 000	61 000	−1 316 000
Dividends	0	200 000	0	0
Net Income	99 000	314 000	−17 000	−1 045 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 997 000	4 106 000	4 214 000	4 323 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	260 000	227 000	343 000	464 000
Total Tangible Assets	4 257 000	4 333 000	4 557 000	4 786 000
Total Fiancial Fixed Assets	611 000	336 000	336 000	351 000
Total Fixed Assets	4 867 000	4 668 000	4 893 000	5 137 000
Stock	0	0	0	40 000
Total Investments	0	0	0	0
Cash, Bank	90 000	20 000	88 000	95 000
Total Current Assets	172 000	261 000	232 000	731 000
Total Assets	5 039 000	4 929 000	5 125 000	5 867 000
Total Equity	913 000	814 000	699 000	1 197 000
Short-Term Group Debt	0	0	0	24 000
Total Long-Term Debt	4 086 000	3 844 000	4 191 000	4 361 000
Creditors	3 000	10 000	54 000	130 000
Unpaid Taxes	38 000	21 000	115 000	25 000
Dividends	0	200 000	0	0
Other Current Debt	0	41 000	65 000	131 000
Total Current Debt	41 000	272 000	234 000	309 000
Total Equity and Debt	5 039 000	4 929 000	5 125 000	5 867 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,84 %	38,57 %	−2,43 %	−87,3 %
Debt-to-Equity Ratio	4,48	4,72	6	3,64
Operating Profit Margin	34,78 %	29,34 %	−7,15 %	5,32 %
Current Ratio	4,2	0,96	0,99	2,37
Quick Ratio	4,2	0,96	0,99	2,72
Equity Ratio	0,18	0,17	0,14	0,2
Gross Profit Margin	100 %	100 %	72,41 %	68,74 %