HELGELAND MASKINTEKNIKK AS

8854 AUSTBØ

Finances

Share Ownership

Return on Equity

26,02 %

Current Ratio

1,56

Debt-to-Equity Ratio

0,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 600 000	13 134 000	11 313 000	10 740 000
Net Income	569 000	135 000	143 000	442 000
Total Assets	7 580 000	5 854 000	6 668 000	3 859 000
Total Equity	2 187 000	1 619 000	1 483 000	1 340 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 600 000	13 134 000	11 313 000	10 740 000
Expenditure	14 239 000	13 103 000	10 785 000	11 963 000
Operating Profit	949 000	283 000	372 000	717 000
Financial Income	77 000	35 000	3 000	19 000
Financial Costs	298 000	145 000	187 000	168 000
Financial Balance	−221 000	−110 000	−184 000	−149 000
Earnings Before Tax	728 000	174 000	187 000	568 000
Tax	159 000	39 000	44 000	126 000
Net Income	569 000	135 000	143 000	442 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 511 000	1 325 000	1 435 000	23 000
Total Current Assets	6 070 000	4 529 000	5 233 000	3 836 000
Total Assets	7 580 000	5 854 000	6 668 000	3 859 000
Total Retained Equity	2 168 000	1 599 000	1 464 000	1 321 000
Total Equity	2 187 000	1 619 000	1 483 000	1 340 000
Total Long-Term Debt	1 496 000	1 281 000	1 581 000	72 000
Total Current Debt	3 897 000	2 954 000	3 604 000	2 447 000
Total Equity and Debt	7 580 000	5 854 000	6 668 000	3 859 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 511 000	13 098 000	11 208 000	10 735 000
Other Income	88 000	35 000	105 000	5 000
Revenue	14 600 000	13 134 000	11 313 000	10 740 000
Cost of Goods Sold	12 310 000	11 327 000	9 197 000	10 948 000
Salary Costs	780 000	590 000	651 000	385 000
Depreciation	91 000	71 000	58 000	0
Impairment	0	0	0	0
Expenditure	14 239 000	13 103 000	10 785 000	11 963 000
Operating Profit	949 000	283 000	372 000	717 000
Financial Income	77 000	35 000	3 000	19 000
Financial Costs	298 000	145 000	187 000	168 000
Financial Balance	−221 000	−110 000	−184 000	−149 000
Dividends	0	0	0	0
Net Income	569 000	135 000	143 000	442 000

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	972 000	712 000	782 000	0
Fixtures	32 000	33 000	0	0
Total Tangible Assets	1 004 000	745 000	782 000	0
Total Fiancial Fixed Assets	507 000	580 000	653 000	23 000
Total Fixed Assets	1 511 000	1 325 000	1 435 000	23 000
Stock	3 750 000	3 162 000	2 909 000	3 064 000
Total Investments	0	0	0	0
Cash, Bank	16 000	10 000	16 000	10 000
Total Current Assets	6 070 000	4 529 000	5 233 000	3 836 000
Total Assets	7 580 000	5 854 000	6 668 000	3 859 000
Total Equity	2 187 000	1 619 000	1 483 000	1 340 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 496 000	1 281 000	1 581 000	72 000
Creditors	1 565 000	1 660 000	1 789 000	778 000
Unpaid Taxes	101 000	69 000	216 000	204 000
Dividends	0	0	0	0
Other Current Debt	69 000	167 000	69 000	149 000
Total Current Debt	3 897 000	2 954 000	3 604 000	2 447 000
Total Equity and Debt	7 580 000	5 854 000	6 668 000	3 859 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,02 %	8,34 %	9,64 %	32,99 %
Debt-to-Equity Ratio	0,68	0,79	1,07	0,05
Operating Profit Margin	6,5 %	2,15 %	3,29 %	6,68 %
Current Ratio	1,56	1,53	1,45	1,57
Quick Ratio	41,29	−21,77	7,53	−6,22
Equity Ratio	0,29	0,28	0,22	0,35
Gross Profit Margin	15,68 %	13,76 %	18,7 %	−1,94 %