MH GRUPPEN AS

6030 LANGEVÅG

Finances

Share Ownership

Return on Equity

12,28 %

Current Ratio

1,56

Debt-to-Equity Ratio

2,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	437 000	433 000	439 000	443 000
Net Income	135 000	159 000	130 000	123 000
Total Assets	3 754 000	3 756 000	3 896 000	3 908 000
Total Equity	1 099 000	965 000	805 000	675 000

Income (NOK)	2022	2021	2020	2019
Revenue	437 000	433 000	439 000	443 000
Expenditure	149 000	162 000	146 000	143 000
Operating Profit	288 000	270 000	292 000	299 000
Financial Income	0	0	0	0
Financial Costs	115 000	66 000	125 000	141 000
Financial Balance	−115 000	−66 000	−125 000	−141 000
Earnings Before Tax	173 000	204 000	167 000	158 000
Tax	38 000	45 000	37 000	35 000
Net Income	135 000	159 000	130 000	123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 508 000	3 588 000	3 667 000	3 746 000
Total Current Assets	245 000	168 000	229 000	161 000
Total Assets	3 754 000	3 756 000	3 896 000	3 908 000
Total Retained Equity	599 000	465 000	305 000	175 000
Total Equity	1 099 000	965 000	805 000	675 000
Total Long-Term Debt	2 497 000	2 607 000	2 730 000	2 812 000
Total Current Debt	157 000	185 000	362 000	421 000
Total Equity and Debt	3 754 000	3 756 000	3 896 000	3 908 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	−1 000
Other Income	437 000	433 000	439 000	444 000
Revenue	437 000	433 000	439 000	443 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	79 000	79 000	79 000	79 000
Impairment	0	0	0	0
Expenditure	149 000	162 000	146 000	143 000
Operating Profit	288 000	270 000	292 000	299 000
Financial Income	0	0	0	0
Financial Costs	115 000	66 000	125 000	141 000
Financial Balance	−115 000	−66 000	−125 000	−141 000
Dividends	0	0	0	0
Net Income	135 000	159 000	130 000	123 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 508 000	3 588 000	3 667 000	3 746 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 508 000	3 588 000	3 667 000	3 746 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 508 000	3 588 000	3 667 000	3 746 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	245 000	168 000	229 000	161 000
Total Current Assets	245 000	168 000	229 000	161 000
Total Assets	3 754 000	3 756 000	3 896 000	3 908 000
Total Equity	1 099 000	965 000	805 000	675 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 497 000	2 607 000	2 730 000	2 812 000
Creditors	2 000	24 000	2 000	11 000
Unpaid Taxes	16 000	14 000	15 000	15 000
Dividends	0	0	0	0
Other Current Debt	100 000	100 000	307 000	358 000
Total Current Debt	157 000	185 000	362 000	421 000
Total Equity and Debt	3 754 000	3 756 000	3 896 000	3 908 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,28 %	16,48 %	16,15 %	18,22 %
Debt-to-Equity Ratio	2,27	2,7	3,39	4,17
Operating Profit Margin	65,9 %	62,36 %	66,51 %	67,49 %
Current Ratio	1,56	0,91	0,63	0,38
Quick Ratio	1,56	0,91	0,63	0,38
Equity Ratio	0,29	0,26	0,21	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %