HILLESØY MEK VERKSTED AS

9110 SOMMARØY

Finances

Share Ownership

Return on Equity

3,01 %

Current Ratio

1,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 083 000	4 826 000	4 777 000	5 546 000
Net Income	69 000	17 000	92 000	103 000
Total Assets	4 161 000	2 794 000	2 620 000	2 564 000
Total Equity	2 291 000	2 222 000	2 204 000	2 113 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 083 000	4 826 000	4 777 000	5 546 000
Expenditure	5 958 000	4 875 000	4 660 000	5 568 000
Operating Profit	79 000	22 000	116 000	131 000
Financial Income	10 000	0	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	10 000	0	1 000	2 000
Earnings Before Tax	89 000	22 000	117 000	132 000
Tax	20 000	5 000	26 000	29 000
Net Income	69 000	17 000	92 000	103 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	433 000	481 000	451 000	471 000
Total Current Assets	3 728 000	2 312 000	2 169 000	2 094 000
Total Assets	4 161 000	2 794 000	2 620 000	2 564 000
Total Retained Equity	1 291 000	1 222 000	1 204 000	1 113 000
Total Equity	2 291 000	2 222 000	2 204 000	2 113 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 870 000	572 000	415 000	451 000
Total Equity and Debt	4 161 000	2 794 000	2 620 000	2 564 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 083 000	4 826 000	4 777 000	5 546 000
Other Income	0	0	0	0
Revenue	6 083 000	4 826 000	4 777 000	5 546 000
Cost of Goods Sold	3 911 000	2 796 000	2 657 000	3 463 000
Salary Costs	1 588 000	1 556 000	1 472 000	1 462 000
Depreciation	29 000	24 000	50 000	172 000
Impairment	0	0	0	0
Expenditure	5 958 000	4 875 000	4 660 000	5 568 000
Operating Profit	79 000	22 000	116 000	131 000
Financial Income	10 000	0	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	10 000	0	1 000	2 000
Dividends	0	0	0	50 000
Net Income	69 000	17 000	92 000	103 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	84 000	103 000	108 000	118 000
Real Eastate	203 000	214 000	225 000	259 000
Machinery and Plant Facilities	106 000	114 000	118 000	94 000
Fixtures	41 000	51 000	0	0
Total Tangible Assets	349 000	378 000	343 000	352 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	433 000	481 000	451 000	471 000
Stock	1 238 000	1 285 000	1 215 000	1 216 000
Total Investments	0	0	0	0
Cash, Bank	1 831 000	550 000	635 000	399 000
Total Current Assets	3 728 000	2 312 000	2 169 000	2 094 000
Total Assets	4 161 000	2 794 000	2 620 000	2 564 000
Total Equity	2 291 000	2 222 000	2 204 000	2 113 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 453 000	156 000	53 000	134 000
Unpaid Taxes	119 000	147 000	118 000	64 000
Dividends	0	0	0	50 000
Other Current Debt	297 000	269 000	230 000	160 000
Total Current Debt	1 870 000	572 000	415 000	451 000
Total Equity and Debt	4 161 000	2 794 000	2 620 000	2 564 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,01 %	0,77 %	4,17 %	4,87 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,3 %	0,46 %	2,43 %	2,36 %
Current Ratio	1,99	4,04	5,23	4,64
Quick Ratio	5,9	−3,24	−2,71	−2,74
Equity Ratio	0,55	0,8	0,84	0,82
Gross Profit Margin	35,71 %	42,06 %	44,38 %	37,56 %