H-MEK AS

5652 ÅRLAND

Finances

Share Ownership

Return on Equity

61,51 %

Current Ratio

1,37

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 414 000	13 730 000	10 868 000	9 432 000
Net Income	1 186 000	122 000	212 000	180 000
Total Assets	7 984 000	5 022 000	3 335 000	4 862 000
Total Equity	1 928 000	742 000	620 000	408 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 414 000	13 730 000	10 868 000	9 432 000
Expenditure	38 818 000	13 516 000	10 540 000	9 151 000
Operating Profit	1 596 000	214 000	328 000	281 000
Financial Income	14 000	11 000	9 000	3 000
Financial Costs	89 000	69 000	71 000	44 000
Financial Balance	−75 000	−58 000	−62 000	−41 000
Earnings Before Tax	1 521 000	157 000	267 000	241 000
Tax	335 000	35 000	55 000	61 000
Net Income	1 186 000	122 000	212 000	180 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	607 000	574 000	880 000	697 000
Total Current Assets	7 377 000	4 449 000	2 455 000	4 165 000
Total Assets	7 984 000	5 022 000	3 335 000	4 862 000
Total Retained Equity	1 898 000	712 000	590 000	383 000
Total Equity	1 928 000	742 000	620 000	408 000
Total Long-Term Debt	690 000	969 000	697 000	571 000
Total Current Debt	5 367 000	3 312 000	2 018 000	3 883 000
Total Equity and Debt	7 984 000	5 022 000	3 335 000	4 862 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 414 000	13 724 000	10 868 000	9 261 000
Other Income	0	7 000	0	171 000
Revenue	40 414 000	13 730 000	10 868 000	9 432 000
Cost of Goods Sold	32 609 000	9 011 000	6 581 000	6 416 000
Salary Costs	3 759 000	2 879 000	2 731 000	1 710 000
Depreciation	260 000	273 000	213 000	175 000
Impairment	0	0	0	0
Expenditure	38 818 000	13 516 000	10 540 000	9 151 000
Operating Profit	1 596 000	214 000	328 000	281 000
Financial Income	14 000	11 000	9 000	3 000
Financial Costs	89 000	69 000	71 000	44 000
Financial Balance	−75 000	−58 000	−62 000	−41 000
Dividends	0	0	0	0
Net Income	1 186 000	122 000	212 000	180 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	21 000	78 000	141 000	205 000
Fixtures	574 000	496 000	694 000	432 000
Total Tangible Assets	595 000	574 000	835 000	637 000
Total Fiancial Fixed Assets	0	0	45 000	60 000
Total Fixed Assets	607 000	574 000	880 000	697 000
Stock	3 528 000	2 115 000	1 219 000	1 310 000
Total Investments	0	0	0	0
Cash, Bank	942 000	290 000	409 000	1 487 000
Total Current Assets	7 377 000	4 449 000	2 455 000	4 165 000
Total Assets	7 984 000	5 022 000	3 335 000	4 862 000
Total Equity	1 928 000	742 000	620 000	408 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	690 000	969 000	697 000	571 000
Creditors	3 437 000	2 096 000	917 000	3 289 000
Unpaid Taxes	1 192 000	400 000	434 000	374 000
Dividends	0	0	0	0
Other Current Debt	388 000	303 000	281 000	164 000
Total Current Debt	5 367 000	3 312 000	2 018 000	3 883 000
Total Equity and Debt	7 984 000	5 022 000	3 335 000	4 862 000

Financial indicators	2022	2021	2020	2019
Return on Equity	61,51 %	16,44 %	34,19 %	44,12 %
Debt-to-Equity Ratio	0,36	1,31	1,12	1,4
Operating Profit Margin	3,95 %	1,56 %	3,02 %	2,98 %
Current Ratio	1,37	1,34	1,22	1,07
Quick Ratio	4,01	3,72	3,07	1,62
Equity Ratio	0,24	0,15	0,19	0,08
Gross Profit Margin	19,31 %	34,37 %	39,45 %	31,98 %