HANSEN DOWNHOLE PUMP SOLUTIONS AS

4344 BRYNE

Finances

Share Ownership

Return on Equity

39,07 %

Current Ratio

2,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 520 000	4 688 000	2 050 000	0
Net Income	2 331 000	−1 577 000	−588 000	−1 885 000
Total Assets	10 862 000	6 601 000	4 870 000	7 800 000
Total Equity	5 966 000	3 028 000	4 604 000	5 192 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 520 000	4 688 000	2 050 000	0
Expenditure	9 192 000	6 238 000	2 609 000	1 704 000
Operating Profit	2 328 000	−1 551 000	−558 000	−1 703 000
Financial Income	39 000	6 000	0	6 000
Financial Costs	36 000	32 000	30 000	188 000
Financial Balance	3 000	−26 000	−30 000	−182 000
Earnings Before Tax	2 331 000	−1 577 000	−588 000	−1 885 000
Tax	0	0	0	0
Net Income	2 331 000	−1 577 000	−588 000	−1 885 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	643 000	1 191 000	2 367 000	3 488 000
Total Current Assets	10 218 000	5 410 000	2 503 000	4 312 000
Total Assets	10 862 000	6 601 000	4 870 000	7 800 000
Total Retained Equity	0	−6 968 000	−5 392 000	−4 804 000
Total Equity	5 966 000	3 028 000	4 604 000	5 192 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 895 000	3 573 000	266 000	2 608 000
Total Equity and Debt	10 862 000	6 601 000	4 870 000	7 800 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 520 000	4 688 000	2 050 000	0
Other Income	0	0	0	0
Revenue	11 520 000	4 688 000	2 050 000	0
Cost of Goods Sold	6 790 000	3 053 000	24 000	164 000
Salary Costs	442 000	0	0	0
Depreciation	859 000	1 176 000	1 369 000	1 298 000
Impairment	0	0	0	0
Expenditure	9 192 000	6 238 000	2 609 000	1 704 000
Operating Profit	2 328 000	−1 551 000	−558 000	−1 703 000
Financial Income	39 000	6 000	0	6 000
Financial Costs	36 000	32 000	30 000	188 000
Financial Balance	3 000	−26 000	−30 000	−182 000
Dividends	0	0	0	0
Net Income	2 331 000	−1 577 000	−588 000	−1 885 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	643 000	1 191 000	2 367 000	3 488 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	643 000	1 191 000	2 367 000	3 488 000
Stock	0	2 977 000	800 000	800 000
Total Investments	0	0	0	0
Cash, Bank	1 426 000	4 000	1 529 000	5 000
Total Current Assets	10 218 000	5 410 000	2 503 000	4 312 000
Total Assets	10 862 000	6 601 000	4 870 000	7 800 000
Total Equity	5 966 000	3 028 000	4 604 000	5 192 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	747 000	1 573 000	265 000	52 000
Unpaid Taxes	12 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 136 000	439 000	1 000	0
Total Current Debt	4 895 000	3 573 000	266 000	2 608 000
Total Equity and Debt	10 862 000	6 601 000	4 870 000	7 800 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,07 %	−52,08 %	−12,77 %	−36,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20,21 %	−33,08 %	−27,22 %	-
Current Ratio	2,09	1,51	9,41	1,65
Quick Ratio	2,09	9,08	−4,69	2,38
Equity Ratio	0,55	0,46	0,95	0,67
Gross Profit Margin	41,06 %	34,88 %	98,83 %	-