HK MASKINSERVICE AS

6493 LYNGSTAD

Finances

Share Ownership

Return on Equity

66,83 %

Current Ratio

2,83

Debt-to-Equity Ratio

2,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 148 000	5 122 000	3 448 000	404 000
Net Income	836 000	1 170 000	−155 000	−94 000
Total Assets	4 624 000	3 505 000	2 676 000	1 631 000
Total Equity	1 251 000	525 000	−661 000	−505 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 148 000	5 122 000	3 448 000	404 000
Expenditure	3 940 000	3 706 000	3 452 000	367 000
Operating Profit	1 207 000	1 416 000	−5 000	36 000
Financial Income	5 000	7 000	7 000	1 000
Financial Costs	141 000	137 000	158 000	131 000
Financial Balance	−136 000	−130 000	−151 000	−130 000
Earnings Before Tax	1 072 000	1 286 000	−155 000	−94 000
Tax	236 000	116 000	0	0
Net Income	836 000	1 170 000	−155 000	−94 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 850 000	2 036 000	2 323 000	1 523 000
Total Current Assets	1 774 000	1 468 000	353 000	108 000
Total Assets	4 624 000	3 505 000	2 676 000	1 631 000
Total Retained Equity	961 000	425 000	−761 000	−605 000
Total Equity	1 251 000	525 000	−661 000	−505 000
Total Long-Term Debt	2 747 000	2 257 000	2 403 000	1 858 000
Total Current Debt	627 000	722 000	934 000	279 000
Total Equity and Debt	4 624 000	3 505 000	2 676 000	1 631 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 997 000	5 037 000	3 446 000	404 000
Other Income	151 000	85 000	2 000	0
Revenue	5 148 000	5 122 000	3 448 000	404 000
Cost of Goods Sold	1 524 000	1 814 000	1 280 000	73 000
Salary Costs	1 053 000	707 000	622 000	0
Depreciation	240 000	192 000	174 000	92 000
Impairment	0	0	0	0
Expenditure	3 940 000	3 706 000	3 452 000	367 000
Operating Profit	1 207 000	1 416 000	−5 000	36 000
Financial Income	5 000	7 000	7 000	1 000
Financial Costs	141 000	137 000	158 000	131 000
Financial Balance	−136 000	−130 000	−151 000	−130 000
Dividends	300 000	0	0	0
Net Income	836 000	1 170 000	−155 000	−94 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 405 000	1 449 000	1 470 000	1 523 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 445 000	587 000	853 000	0
Total Tangible Assets	2 850 000	2 036 000	2 323 000	1 523 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 850 000	2 036 000	2 323 000	1 523 000
Stock	520 000	450 000	127 000	0
Total Investments	0	0	0	0
Cash, Bank	587 000	338 000	29 000	8 000
Total Current Assets	1 774 000	1 468 000	353 000	108 000
Total Assets	4 624 000	3 505 000	2 676 000	1 631 000
Total Equity	1 251 000	525 000	−661 000	−505 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 747 000	2 257 000	2 403 000	1 858 000
Creditors	85 000	143 000	256 000	104 000
Unpaid Taxes	252 000	213 000	230 000	2 000
Dividends	300 000	0	0	0
Other Current Debt	86 000	268 000	319 000	173 000
Total Current Debt	627 000	722 000	934 000	279 000
Total Equity and Debt	4 624 000	3 505 000	2 676 000	1 631 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,83 %	222,86 %	23,45 %	18,61 %
Debt-to-Equity Ratio	2,2	4,3	−3,64	−3,68
Operating Profit Margin	23,45 %	27,65 %	−0,15 %	8,91 %
Current Ratio	2,83	2,03	0,38	0,39
Quick Ratio	16,58	5,4	0,44	0,39
Equity Ratio	0,27	0,15	−0,25	−0,31
Gross Profit Margin	70,4 %	64,58 %	62,88 %	81,93 %