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HYDRECO HYDRAULICS NORWAY AS

920217761AksjeselskapMVA
Municipality
NITTEDAL
Employees
5
Founded
15.12.1970
Roles
4
www.hydreco.com
Company details
Business address
Rauerskauveien 518, 1482 NITTEDAL
Municipality
Nittedal
Phone
22 90 94 10
Sector
Private aksjeselskaper mv.
Share capital
220 000 kr(220 shares)
Registered
12.03.1995
Purpose
Kjøp og salg av produkter for produksjon av utstyr for bruk innenfor Olje,- gass, fiskeri, marine og offshore industrien, samt service og vedlikehold på dette.
Board and management

Styre og ledelse

Magnar Hellem Olsen
Daglig lederStyremedlem
Richard Michael Sibley
Styremedlem
Katie Jane Mccoll
Styrets leder

Revisor

SLM REVISJON AS

Is revisor for 1 745 companies

Revisor

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Financials2024
Revenue
19.4 mill
Operating result
3.3 mill
Net result
2.6 mill
Assets
9.2 mill
Equity
6.6 mill
Debt
2.6 mill
Financial health check
Equity ratio
Very good
Current ratio
Very good
Profitability
Very good
Income statement and balance sheet
2024
Income statement
Revenue19.4 mill
Operating costs16.1 mill
= Operating result3.3 mill
Net finance-34k
= Net result2.6 mill
Balance sheet
Fixed assets250k
Current assets8.9 mill
= Total assets9.2 mill
Equity6.6 mill
Long-term debt0
Short-term debt2.6 mill
= Total debt2.6 mill

Source: Brønnøysund Register Centre

Key Ratios
2024Industry (median)
Operating margin
17.0%5.4%
Net margin
13.6%—
Return on assets
35.6%7.4%
Return on equity
40.1%—
Equity ratio
71.9%36.1%
Current ratio
3.461.68
Debt-to-equity
0.391.43

Based on 472 companies

Source: Brønnøysund Register Centre. Ratios are calculated using universal formulas.

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