HL SKOG & MASKIN AS

6443 TORNES I ROMSDAL

Finances

Share Ownership

Return on Equity

28,96 %

Current Ratio

0,51

Debt-to-Equity Ratio

4,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 956 000	1 819 000	1 439 000	1 246 000
Net Income	53 000	−26 000	45 000	12 000
Total Assets	1 503 000	1 058 000	721 000	490 000
Total Equity	183 000	130 000	156 000	111 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 956 000	1 819 000	1 439 000	1 246 000
Expenditure	1 850 000	1 822 000	1 381 000	1 231 000
Operating Profit	105 000	−4 000	57 000	15 000
Financial Income	5 000	5 000	4 000	1 000
Financial Costs	42 000	34 000	6 000	4 000
Financial Balance	−37 000	−29 000	−2 000	−3 000
Earnings Before Tax	68 000	−33 000	55 000	12 000
Tax	15 000	−7 000	10 000	0
Net Income	53 000	−26 000	45 000	12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 240 000	842 000	380 000	378 000
Total Current Assets	262 000	215 000	341 000	112 000
Total Assets	1 503 000	1 058 000	721 000	490 000
Total Retained Equity	83 000	30 000	56 000	11 000
Total Equity	183 000	130 000	156 000	111 000
Total Long-Term Debt	810 000	475 000	68 000	82 000
Total Current Debt	509 000	453 000	497 000	297 000
Total Equity and Debt	1 503 000	1 058 000	721 000	490 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 868 000	1 585 000	1 426 000	1 246 000
Other Income	88 000	234 000	12 000	0
Revenue	1 956 000	1 819 000	1 439 000	1 246 000
Cost of Goods Sold	445 000	569 000	476 000	318 000
Salary Costs	341 000	280 000	209 000	156 000
Depreciation	165 000	137 000	75 000	94 000
Impairment	0	0	0	0
Expenditure	1 850 000	1 822 000	1 381 000	1 231 000
Operating Profit	105 000	−4 000	57 000	15 000
Financial Income	5 000	5 000	4 000	1 000
Financial Costs	42 000	34 000	6 000	4 000
Financial Balance	−37 000	−29 000	−2 000	−3 000
Dividends	0	0	0	0
Net Income	53 000	−26 000	45 000	12 000

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	1 240 000	814 000	278 000	234 000
Total Tangible Assets	1 240 000	814 000	278 000	234 000
Total Fiancial Fixed Assets	0	28 000	102 000	144 000
Total Fixed Assets	1 240 000	842 000	380 000	378 000
Stock	0	0	0	5 000
Total Investments	0	0	0	0
Cash, Bank	−8 000	79 000	128 000	58 000
Total Current Assets	262 000	215 000	341 000	112 000
Total Assets	1 503 000	1 058 000	721 000	490 000
Total Equity	183 000	130 000	156 000	111 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	810 000	475 000	68 000	82 000
Creditors	176 000	218 000	283 000	50 000
Unpaid Taxes	69 000	27 000	16 000	24 000
Dividends	0	0	0	0
Other Current Debt	264 000	208 000	198 000	223 000
Total Current Debt	509 000	453 000	497 000	297 000
Total Equity and Debt	1 503 000	1 058 000	721 000	490 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,96 %	−20 %	28,85 %	10,81 %
Debt-to-Equity Ratio	4,43	3,65	0,44	0,74
Operating Profit Margin	5,37 %	−0,22 %	3,96 %	1,2 %
Current Ratio	0,51	0,47	0,69	0,38
Quick Ratio	0,51	0,47	0,69	0,38
Equity Ratio	0,12	0,12	0,22	0,23
Gross Profit Margin	77,25 %	68,72 %	66,92 %	74,48 %