M & H SERVICE AS

1481 HAGAN

Finances

Share Ownership

Return on Equity

4,69 %

Current Ratio

6,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 867 000	1 530 000	947 000	1 917 000
Net Income	59 000	421 000	156 000	353 000
Total Assets	1 474 000	1 715 000	1 098 000	1 209 000
Total Equity	1 257 000	1 199 000	977 000	821 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 867 000	1 530 000	947 000	1 917 000
Expenditure	1 783 000	989 000	755 000	1 119 000
Operating Profit	84 000	541 000	192 000	454 000
Financial Income	5 000	3 000	14 000	5 000
Financial Costs	14 000	4 000	6 000	5 000
Financial Balance	−9 000	−1 000	8 000	0
Earnings Before Tax	75 000	540 000	201 000	453 000
Tax	16 000	119 000	45 000	100 000
Net Income	59 000	421 000	156 000	353 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 000	7 000	10 000	17 000
Total Current Assets	1 469 000	1 708 000	1 088 000	1 192 000
Total Assets	1 474 000	1 715 000	1 098 000	1 209 000
Total Retained Equity	1 227 000	1 169 000	0	791 000
Total Equity	1 257 000	1 199 000	977 000	821 000
Total Long-Term Debt	1 000	0	0	1 000
Total Current Debt	215 000	516 000	121 000	386 000
Total Equity and Debt	1 474 000	1 715 000	1 098 000	1 209 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 867 000	1 530 000	938 000	1 917 000
Other Income	0	0	9 000	0
Revenue	1 867 000	1 530 000	947 000	1 917 000
Cost of Goods Sold	809 000	552 000	202 000	0
Salary Costs	798 000	180 000	319 000	797 000
Depreciation	3 000	3 000	7 000	3 000
Impairment	0	0	0	0
Expenditure	1 783 000	989 000	755 000	1 119 000
Operating Profit	84 000	541 000	192 000	454 000
Financial Income	5 000	3 000	14 000	5 000
Financial Costs	14 000	4 000	6 000	5 000
Financial Balance	−9 000	−1 000	8 000	0
Dividends	0	200 000	0	0
Net Income	59 000	421 000	156 000	353 000

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	0	0	0	0
Fixtures	4 000	7 000	10 000	17 000
Total Tangible Assets	4 000	7 000	10 000	17 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 000	7 000	10 000	17 000
Stock	0	147 000	170 000	202 000
Total Investments	0	0	0	0
Cash, Bank	1 456 000	1 460 000	885 000	831 000
Total Current Assets	1 469 000	1 708 000	1 088 000	1 192 000
Total Assets	1 474 000	1 715 000	1 098 000	1 209 000
Total Equity	1 257 000	1 199 000	977 000	821 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	0	1 000
Creditors	17 000	85 000	9 000	77 000
Unpaid Taxes	89 000	93 000	30 000	112 000
Dividends	0	200 000	0	0
Other Current Debt	92 000	19 000	36 000	99 000
Total Current Debt	215 000	516 000	121 000	386 000
Total Equity and Debt	1 474 000	1 715 000	1 098 000	1 209 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,69 %	35,11 %	15,97 %	43 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,5 %	35,36 %	20,27 %	23,68 %
Current Ratio	6,83	3,31	8,99	3,09
Quick Ratio	6,83	4,63	−22,2	6,48
Equity Ratio	0,85	0,7	0,89	0,68
Gross Profit Margin	56,67 %	63,92 %	78,67 %	100 %