M2 HUS AS

3734 SKIEN

Finances

Share Ownership

Return on Equity

189,27 %

Current Ratio

0,93

Debt-to-Equity Ratio

2,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 586 000	266 000	9 593 000	6 804 000
Net Income	1 711 000	−98 000	1 461 000	852 000
Total Assets	6 677 000	5 992 000	4 007 000	5 464 000
Total Equity	904 000	393 000	491 000	230 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 586 000	266 000	9 593 000	6 804 000
Expenditure	7 100 000	279 000	7 565 000	5 658 000
Operating Profit	2 486 000	−13 000	2 028 000	1 146 000
Financial Income	1 000	0	0	0
Financial Costs	292 000	112 000	155 000	54 000
Financial Balance	−291 000	−112 000	−155 000	−54 000
Earnings Before Tax	2 195 000	−126 000	1 874 000	1 093 000
Tax	484 000	−28 000	412 000	240 000
Net Income	1 711 000	−98 000	1 461 000	852 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 179 000	5 655 000	2 449 000	2 289 000
Total Current Assets	3 498 000	337 000	1 558 000	3 175 000
Total Assets	6 677 000	5 992 000	4 007 000	5 464 000
Total Retained Equity	874 000	363 000	461 000	200 000
Total Equity	904 000	393 000	491 000	230 000
Total Long-Term Debt	2 013 000	5 559 000	1 905 000	3 328 000
Total Current Debt	3 761 000	40 000	1 611 000	1 906 000
Total Equity and Debt	6 677 000	5 992 000	4 007 000	5 464 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 587 000	103 000	9 473 000	6 794 000
Other Income	999 000	163 000	120 000	10 000
Revenue	9 586 000	266 000	9 593 000	6 804 000
Cost of Goods Sold	2 860 000	9 000	7 348 000	5 535 000
Salary Costs	3 163 000	0	0	9 000
Depreciation	213 000	150 000	132 000	50 000
Impairment	0	0	0	0
Expenditure	7 100 000	279 000	7 565 000	5 658 000
Operating Profit	2 486 000	−13 000	2 028 000	1 146 000
Financial Income	1 000	0	0	0
Financial Costs	292 000	112 000	155 000	54 000
Financial Balance	−291 000	−112 000	−155 000	−54 000
Dividends	1 200 000	0	1 200 000	825 000
Net Income	1 711 000	−98 000	1 461 000	852 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 971 000	5 444 000	2 191 000	2 266 000
Machinery and Plant Facilities	542 000	0	12 000	23 000
Fixtures	497 000	13 000	22 000	0
Total Tangible Assets	3 010 000	5 458 000	2 224 000	2 289 000
Total Fiancial Fixed Assets	169 000	197 000	225 000	0
Total Fixed Assets	3 179 000	5 655 000	2 449 000	2 289 000
Stock	0	0	0	2 089 000
Total Investments	0	0	0	0
Cash, Bank	2 263 000	159 000	1 492 000	391 000
Total Current Assets	3 498 000	337 000	1 558 000	3 175 000
Total Assets	6 677 000	5 992 000	4 007 000	5 464 000
Total Equity	904 000	393 000	491 000	230 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 013 000	5 559 000	1 905 000	3 328 000
Creditors	1 811 000	−1 000	9 000	837 000
Unpaid Taxes	194 000	29 000	10 000	45 000
Dividends	1 200 000	0	1 200 000	825 000
Other Current Debt	328 000	12 000	0	0
Total Current Debt	3 761 000	40 000	1 611 000	1 906 000
Total Equity and Debt	6 677 000	5 992 000	4 007 000	5 464 000

Financial indicators	2022	2021	2020	2019
Return on Equity	189,27 %	−24,94 %	297,56 %	370,43 %
Debt-to-Equity Ratio	2,23	14,15	3,88	14,47
Operating Profit Margin	25,93 %	−4,89 %	21,14 %	16,84 %
Current Ratio	0,93	8,43	0,97	1,67
Quick Ratio	0,93	8,43	0,97	−17,35
Equity Ratio	0,14	0,07	0,12	0,04
Gross Profit Margin	70,16 %	96,62 %	23,4 %	18,65 %