HETRONIC NORGE AS

3090 HOF

Finances

Share Ownership

Return on Equity

18,4 %

Current Ratio

1,85

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 995 000	16 424 000	14 828 000	15 510 000
Net Income	812 000	796 000	1 332 000	806 000
Total Assets	9 735 000	8 259 000	9 178 000	7 068 000
Total Equity	4 413 000	4 201 000	3 705 000	2 973 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 995 000	16 424 000	14 828 000	15 510 000
Expenditure	18 793 000	15 562 000	12 983 000	14 551 000
Operating Profit	1 201 000	862 000	1 844 000	959 000
Financial Income	135 000	232 000	182 000	114 000
Financial Costs	288 000	68 000	314 000	26 000
Financial Balance	−153 000	164 000	−132 000	88 000
Earnings Before Tax	1 048 000	1 026 000	1 712 000	1 047 000
Tax	236 000	230 000	379 000	241 000
Net Income	812 000	796 000	1 332 000	806 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	559 000	694 000	902 000	636 000
Total Current Assets	9 176 000	7 565 000	8 276 000	6 432 000
Total Assets	9 735 000	8 259 000	9 178 000	7 068 000
Total Retained Equity	4 273 000	4 061 000	3 565 000	2 833 000
Total Equity	4 413 000	4 201 000	3 705 000	2 973 000
Total Long-Term Debt	356 000	509 000	672 000	199 000
Total Current Debt	4 966 000	3 550 000	4 800 000	3 896 000
Total Equity and Debt	9 735 000	8 259 000	9 178 000	7 068 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 879 000	16 423 000	14 803 000	15 493 000
Other Income	115 000	0	25 000	17 000
Revenue	19 995 000	16 424 000	14 828 000	15 510 000
Cost of Goods Sold	8 755 000	7 808 000	6 653 000	7 903 000
Salary Costs	6 853 000	4 911 000	4 360 000	4 150 000
Depreciation	297 000	328 000	178 000	155 000
Impairment	0	0	0	0
Expenditure	18 793 000	15 562 000	12 983 000	14 551 000
Operating Profit	1 201 000	862 000	1 844 000	959 000
Financial Income	135 000	232 000	182 000	114 000
Financial Costs	288 000	68 000	314 000	26 000
Financial Balance	−153 000	164 000	−132 000	88 000
Dividends	0	0	400 000	0
Net Income	812 000	796 000	1 332 000	806 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 000	5 000	0	66 000
Real Eastate	22 000	24 000	0	5 000
Machinery and Plant Facilities	200 000	159 000	237 000	315 000
Fixtures	323 000	494 000	665 000	250 000
Total Tangible Assets	545 000	678 000	902 000	570 000
Total Fiancial Fixed Assets	0	12 000	0	0
Total Fixed Assets	559 000	694 000	902 000	636 000
Stock	4 534 000	4 081 000	4 258 000	3 346 000
Total Investments	0	0	0	0
Cash, Bank	2 665 000	1 633 000	153 000	247 000
Total Current Assets	9 176 000	7 565 000	8 276 000	6 432 000
Total Assets	9 735 000	8 259 000	9 178 000	7 068 000
Total Equity	4 413 000	4 201 000	3 705 000	2 973 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	356 000	509 000	672 000	199 000
Creditors	2 627 000	1 786 000	2 601 000	1 480 000
Unpaid Taxes	1 497 000	990 000	1 045 000	1 344 000
Dividends	0	0	400 000	0
Other Current Debt	596 000	498 000	482 000	500 000
Total Current Debt	4 966 000	3 550 000	4 800 000	3 896 000
Total Equity and Debt	9 735 000	8 259 000	9 178 000	7 068 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,4 %	18,95 %	35,95 %	27,11 %
Debt-to-Equity Ratio	0,08	0,12	0,18	0,07
Operating Profit Margin	6,01 %	5,25 %	12,44 %	6,18 %
Current Ratio	1,85	2,13	1,72	1,65
Quick Ratio	21,24	−14,25	15,27	11,69
Equity Ratio	0,45	0,51	0,4	0,42
Gross Profit Margin	56,21 %	52,46 %	55,13 %	49,05 %