HARTMAN NORDIC AS

4629 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

19,5 %

Current Ratio

2,47

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	73 874 000	60 039 000	33 951 000	28 600 000
Net Income	3 409 000	7 690 000	1 066 000	226 000
Total Assets	36 629 000	27 835 000	18 629 000	16 096 000
Total Equity	17 481 000	14 072 000	382 000	−684 000

Income (NOK)	2022	2021	2020	2019
Revenue	73 874 000	60 039 000	33 951 000	28 600 000
Expenditure	68 892 000	51 212 000	32 425 000	27 524 000
Operating Profit	4 981 000	8 827 000	1 526 000	1 076 000
Financial Income	2 658 000	2 085 000	1 201 000	0
Financial Costs	3 268 000	1 043 000	1 532 000	850 000
Financial Balance	−610 000	1 042 000	−331 000	−850 000
Earnings Before Tax	4 372 000	9 869 000	1 196 000	226 000
Tax	964 000	2 178 000	129 000	0
Net Income	3 409 000	7 690 000	1 066 000	226 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	502 000	175 000	17 000	104 000
Total Current Assets	36 127 000	27 661 000	18 612 000	15 993 000
Total Assets	36 629 000	27 835 000	18 629 000	16 096 000
Total Retained Equity	11 181 000	7 772 000	82 000	−984 000
Total Equity	17 481 000	14 072 000	382 000	−684 000
Total Long-Term Debt	4 546 000	4 546 000	11 031 000	11 022 000
Total Current Debt	14 603 000	9 218 000	7 216 000	5 759 000
Total Equity and Debt	36 629 000	27 835 000	18 629 000	16 096 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	73 616 000	59 450 000	33 765 000	28 547 000
Other Income	259 000	589 000	187 000	53 000
Revenue	73 874 000	60 039 000	33 951 000	28 600 000
Cost of Goods Sold	58 513 000	45 704 000	25 146 000	17 830 000
Salary Costs	5 551 000	3 452 000	3 494 000	3 596 000
Depreciation	49 000	18 000	0	26 000
Impairment	0	0	0	0
Expenditure	68 892 000	51 212 000	32 425 000	27 524 000
Operating Profit	4 981 000	8 827 000	1 526 000	1 076 000
Financial Income	2 658 000	2 085 000	1 201 000	0
Financial Costs	3 268 000	1 043 000	1 532 000	850 000
Financial Balance	−610 000	1 042 000	−331 000	−850 000
Dividends	0	0	0	0
Net Income	3 409 000	7 690 000	1 066 000	226 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	229 000	10 000	17 000	104 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	19 000	0	0	0
Fixtures	254 000	135 000	0	0
Total Tangible Assets	273 000	135 000	0	0
Total Fiancial Fixed Assets	0	30 000	0	0
Total Fixed Assets	502 000	175 000	17 000	104 000
Stock	28 141 000	9 379 000	16 013 000	12 759 000
Total Investments	0	0	0	0
Cash, Bank	508 000	11 524 000	595 000	142 000
Total Current Assets	36 127 000	27 661 000	18 612 000	15 993 000
Total Assets	36 629 000	27 835 000	18 629 000	16 096 000
Total Equity	17 481 000	14 072 000	382 000	−684 000
Short-Term Group Debt	1 000 000	0	0	0
Total Long-Term Debt	4 546 000	4 546 000	11 031 000	11 022 000
Creditors	4 100 000	607 000	2 886 000	161 000
Unpaid Taxes	2 604 000	4 206 000	151 000	156 000
Dividends	0	0	0	0
Other Current Debt	2 232 000	2 190 000	440 000	315 000
Total Current Debt	14 603 000	9 218 000	7 216 000	5 759 000
Total Equity and Debt	36 629 000	27 835 000	18 629 000	16 096 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,5 %	54,65 %	279,06 %	−33,04 %
Debt-to-Equity Ratio	0,26	0,32	28,88	−16,11
Operating Profit Margin	6,74 %	14,7 %	4,49 %	3,76 %
Current Ratio	2,47	3	2,58	2,78
Quick Ratio	−2,67	−171,81	−2,12	−2,28
Equity Ratio	0,48	0,51	0,02	−0,04
Gross Profit Margin	20,79 %	23,88 %	25,93 %	37,66 %