HAVØYSUND MASKINSERVICE AS

9690 HAVØYSUND

Finances

Return on Equity

−38,91 %

Current Ratio

1,47

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 128 000	1 812 000	2 615 000	717 000
Net Income	−337 000	−197 000	680 000	377 000
Total Assets	1 393 000	1 665 000	1 961 000	902 000
Total Equity	866 000	1 160 000	1 356 000	677 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 128 000	1 812 000	2 615 000	717 000
Expenditure	2 443 000	1 992 000	1 734 000	233 000
Operating Profit	−316 000	−179 000	881 000	484 000
Financial Income	0	0	2 000	0
Financial Costs	21 000	18 000	11 000	0
Financial Balance	−21 000	−18 000	−9 000	0
Earnings Before Tax	−337 000	−197 000	871 000	484 000
Tax	0	0	192 000	106 000
Net Income	−337 000	−197 000	680 000	377 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	845 000	990 000	1 140 000	300 000
Total Current Assets	548 000	674 000	821 000	602 000
Total Assets	1 393 000	1 665 000	1 961 000	902 000
Total Retained Equity	566 000	860 000	1 056 000	377 000
Total Equity	866 000	1 160 000	1 356 000	677 000
Total Long-Term Debt	154 000	244 000	309 000	0
Total Current Debt	373 000	261 000	295 000	226 000
Total Equity and Debt	1 393 000	1 665 000	1 961 000	902 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 127 000	1 812 000	2 165 000	567 000
Other Income	0	0	450 000	150 000
Revenue	2 128 000	1 812 000	2 615 000	717 000
Cost of Goods Sold	37 000	17 000	50 000	20 000
Salary Costs	1 065 000	872 000	329 000	17 000
Depreciation	162 000	203 000	225 000	0
Impairment	0	0	0	0
Expenditure	2 443 000	1 992 000	1 734 000	233 000
Operating Profit	−316 000	−179 000	881 000	484 000
Financial Income	0	0	2 000	0
Financial Costs	21 000	18 000	11 000	0
Financial Balance	−21 000	−18 000	−9 000	0
Dividends	0	0	0	0
Net Income	−337 000	−197 000	680 000	377 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	43 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	366 000	528 000	900 000	0
Fixtures	282 000	282 000	0	0
Total Tangible Assets	648 000	810 000	900 000	0
Total Fiancial Fixed Assets	154 000	180 000	240 000	300 000
Total Fixed Assets	845 000	990 000	1 140 000	300 000
Stock	0	0	0	0
Total Investments	10 000	0	0	0
Cash, Bank	396 000	519 000	636 000	230 000
Total Current Assets	548 000	674 000	821 000	602 000
Total Assets	1 393 000	1 665 000	1 961 000	902 000
Total Equity	866 000	1 160 000	1 356 000	677 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	154 000	244 000	309 000	0
Creditors	115 000	88 000	25 000	50 000
Unpaid Taxes	104 000	72 000	39 000	55 000
Dividends	0	0	0	0
Other Current Debt	154 000	102 000	40 000	14 000
Total Current Debt	373 000	261 000	295 000	226 000
Total Equity and Debt	1 393 000	1 665 000	1 961 000	902 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−38,91 %	−16,98 %	50,15 %	55,69 %
Debt-to-Equity Ratio	0,18	0,21	0,23	0
Operating Profit Margin	−14,85 %	−9,88 %	33,69 %	67,5 %
Current Ratio	1,47	2,58	2,78	2,66
Quick Ratio	1,47	2,58	2,78	2,66
Equity Ratio	0,62	0,7	0,69	0,75
Gross Profit Margin	98,26 %	99,06 %	98,09 %	97,21 %