HARD-TECH AS

5620 TØRVIKBYGD

Finances

Share Ownership

Return on Equity

7,32 %

Current Ratio

1,11

Debt-to-Equity Ratio

0,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 694 000	4 397 000	4 338 000	4 587 000
Net Income	32 000	187 000	45 000	23 000
Total Assets	1 358 000	1 927 000	1 730 000	2 103 000
Total Equity	437 000	730 000	243 000	215 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 694 000	4 397 000	4 338 000	4 587 000
Expenditure	3 635 000	4 133 000	4 252 000	4 521 000
Operating Profit	59 000	264 000	85 000	65 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	19 000	26 000	29 000	37 000
Financial Balance	−18 000	−25 000	−28 000	−37 000
Earnings Before Tax	41 000	240 000	58 000	29 000
Tax	9 000	53 000	13 000	6 000
Net Income	32 000	187 000	45 000	23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	591 000	719 000	612 000	760 000
Total Current Assets	767 000	1 208 000	1 118 000	1 343 000
Total Assets	1 358 000	1 927 000	1 730 000	2 103 000
Total Retained Equity	393 000	400 000	213 000	185 000
Total Equity	437 000	730 000	243 000	215 000
Total Long-Term Debt	229 000	334 000	430 000	521 000
Total Current Debt	692 000	863 000	1 056 000	1 367 000
Total Equity and Debt	1 358 000	1 927 000	1 730 000	2 103 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 694 000	4 397 000	4 338 000	4 708 000
Other Income	0	0	0	−121 000
Revenue	3 694 000	4 397 000	4 338 000	4 587 000
Cost of Goods Sold	968 000	1 552 000	1 640 000	1 613 000
Salary Costs	1 648 000	1 685 000	1 859 000	1 995 000
Depreciation	138 000	139 000	127 000	120 000
Impairment	0	0	0	0
Expenditure	3 635 000	4 133 000	4 252 000	4 521 000
Operating Profit	59 000	264 000	85 000	65 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	19 000	26 000	29 000	37 000
Financial Balance	−18 000	−25 000	−28 000	−37 000
Dividends	0	0	0	0
Net Income	32 000	187 000	45 000	23 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	221 000	269 000	296 000	347 000
Fixtures	295 000	354 000	316 000	414 000
Total Tangible Assets	516 000	624 000	612 000	760 000
Total Fiancial Fixed Assets	75 000	95 000	0	0
Total Fixed Assets	591 000	719 000	612 000	760 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	464 000	724 000	373 000	331 000
Total Current Assets	767 000	1 208 000	1 118 000	1 343 000
Total Assets	1 358 000	1 927 000	1 730 000	2 103 000
Total Equity	437 000	730 000	243 000	215 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	229 000	334 000	430 000	521 000
Creditors	138 000	257 000	326 000	371 000
Unpaid Taxes	211 000	229 000	277 000	425 000
Dividends	0	0	0	0
Other Current Debt	331 000	326 000	446 000	571 000
Total Current Debt	692 000	863 000	1 056 000	1 367 000
Total Equity and Debt	1 358 000	1 927 000	1 730 000	2 103 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,32 %	25,62 %	18,52 %	10,7 %
Debt-to-Equity Ratio	0,52	0,46	1,77	2,42
Operating Profit Margin	1,6 %	6 %	1,96 %	1,42 %
Current Ratio	1,11	1,4	1,06	0,98
Quick Ratio	1,11	1,4	1,06	0,98
Equity Ratio	0,32	0,38	0,14	0,1
Gross Profit Margin	73,8 %	64,7 %	62,19 %	64,84 %