MHI AS

6700 MÅLØY

Finances

Return on Equity

2,73 %

Current Ratio

1,98

Debt-to-Equity Ratio

1,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 033 533 000	1 003 397 000	836 125 000	493 761 000
Net Income	9 304 000	40 469 000	29 870 000	30 311 000
Total Assets	1 160 321 000	1 057 611 000	829 304 000	465 988 000
Total Equity	340 482 000	332 814 000	260 681 000	183 006 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 033 533 000	1 003 397 000	836 125 000	493 761 000
Expenditure	1 003 554 000	935 271 000	777 009 000	456 691 000
Operating Profit	29 979 000	68 125 000	59 116 000	37 070 000
Financial Income	11 904 000	2 785 000	1 764 000	8 043 000
Financial Costs	24 995 000	19 594 000	20 748 000	10 233 000
Financial Balance	−13 091 000	−16 809 000	−18 984 000	−2 190 000
Earnings Before Tax	16 888 000	51 317 000	40 131 000	34 880 000
Tax	7 585 000	10 848 000	10 261 000	4 569 000
Net Income	9 304 000	40 469 000	29 870 000	30 311 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	639 351 000	598 986 000	449 947 000	259 934 000
Total Current Assets	520 970 000	458 625 000	379 357 000	206 054 000
Total Assets	1 160 321 000	1 057 611 000	829 304 000	465 988 000
Total Retained Equity	340 218 000	332 550 000	260 418 000	182 743 000
Total Equity	340 482 000	332 814 000	260 681 000	183 006 000
Total Long-Term Debt	556 082 000	534 338 000	342 616 000	214 065 000
Total Current Debt	263 757 000	190 459 000	226 006 000	68 916 000
Total Equity and Debt	1 160 321 000	1 057 611 000	829 304 000	465 988 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 019 069 000	1 002 193 000	828 531 000	486 434 000
Other Income	14 464 000	1 204 000	7 594 000	7 327 000
Revenue	1 033 533 000	1 003 397 000	836 125 000	493 761 000
Cost of Goods Sold	638 763 000	618 161 000	511 810 000	285 529 000
Salary Costs	211 537 000	181 262 000	160 810 000	98 828 000
Depreciation	52 697 000	47 067 000	33 385 000	15 890 000
Impairment	0	0	0	0
Expenditure	1 003 554 000	935 271 000	777 009 000	456 691 000
Operating Profit	29 979 000	68 125 000	59 116 000	37 070 000
Financial Income	11 904 000	2 785 000	1 764 000	8 043 000
Financial Costs	24 995 000	19 594 000	20 748 000	10 233 000
Financial Balance	−13 091 000	−16 809 000	−18 984 000	−2 190 000
Dividends	0	0	0	0
Net Income	9 304 000	40 469 000	29 870 000	30 311 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	157 435 000	181 522 000	79 338 000	7 167 000
Total Intangible Assets	158 384 000	181 522 000	79 338 000	7 167 000
Real Eastate	294 355 000	298 583 000	251 073 000	141 982 000
Machinery and Plant Facilities	92 233 000	58 827 000	60 157 000	38 491 000
Fixtures	8 917 000	5 415 000	4 967 000	0
Total Tangible Assets	395 506 000	362 825 000	316 197 000	180 473 000
Total Fiancial Fixed Assets	85 462 000	54 639 000	54 412 000	72 293 000
Total Fixed Assets	639 351 000	598 986 000	449 947 000	259 934 000
Stock	278 813 000	232 054 000	233 125 000	140 870 000
Total Investments	981 000	0	0	0
Cash, Bank	93 100 000	43 105 000	17 168 000	10 136 000
Total Current Assets	520 970 000	458 625 000	379 357 000	206 054 000
Total Assets	1 160 321 000	1 057 611 000	829 304 000	465 988 000
Total Equity	340 482 000	332 814 000	260 681 000	183 006 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	556 082 000	534 338 000	342 616 000	214 065 000
Creditors	98 252 000	95 126 000	99 110 000	40 002 000
Unpaid Taxes	40 073 000	22 031 000	19 893 000	13 211 000
Dividends	0	0	0	0
Other Current Debt	70 539 000	33 048 000	29 088 000	11 222 000
Total Current Debt	263 757 000	190 459 000	226 006 000	68 916 000
Total Equity and Debt	1 160 321 000	1 057 611 000	829 304 000	465 988 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,73 %	12,16 %	11,46 %	16,56 %
Debt-to-Equity Ratio	1,63	1,61	1,31	1,17
Operating Profit Margin	2,9 %	6,79 %	7,07 %	7,51 %
Current Ratio	1,98	2,41	1,68	2,99
Quick Ratio	−34,6	−11,03	−53,29	−2,86
Equity Ratio	0,29	0,31	0,31	0,39
Gross Profit Margin	38,2 %	38,39 %	38,79 %	42,17 %