MASTER HANDS AS

3470 SLEMMESTAD

Finances

Share Ownership

Return on Equity

18,82 %

Current Ratio

1,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 506 000	6 932 000	10 295 000	8 656 000
Net Income	528 000	−560 000	887 000	1 430 000
Total Assets	4 967 000	3 913 000	5 500 000	4 391 000
Total Equity	2 806 000	2 279 000	2 839 000	1 951 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 506 000	6 932 000	10 295 000	8 656 000
Expenditure	9 896 000	7 580 000	9 150 000	6 821 000
Operating Profit	610 000	−648 000	1 145 000	1 836 000
Financial Income	0	0	0	0
Financial Costs	2 000	2 000	7 000	2 000
Financial Balance	−2 000	−2 000	−7 000	−2 000
Earnings Before Tax	609 000	−650 000	1 138 000	1 834 000
Tax	81 000	−90 000	251 000	403 000
Net Income	528 000	−560 000	887 000	1 430 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 455 000	2 084 000	2 149 000	1 625 000
Total Current Assets	3 512 000	1 830 000	3 351 000	2 766 000
Total Assets	4 967 000	3 913 000	5 500 000	4 391 000
Total Retained Equity	2 782 000	2 254 000	2 814 000	1 927 000
Total Equity	2 806 000	2 279 000	2 839 000	1 951 000
Total Long-Term Debt	8 000	0	90 000	58 000
Total Current Debt	2 152 000	1 635 000	2 571 000	2 382 000
Total Equity and Debt	4 967 000	3 913 000	5 500 000	4 391 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 506 000	6 932 000	10 295 000	8 656 000
Other Income	0	0	0	0
Revenue	10 506 000	6 932 000	10 295 000	8 656 000
Cost of Goods Sold	1 147 000	383 000	1 002 000	1 451 000
Salary Costs	7 202 000	6 100 000	7 068 000	4 767 000
Depreciation	672 000	585 000	415 000	200 000
Impairment	0	0	0	0
Expenditure	9 896 000	7 580 000	9 150 000	6 821 000
Operating Profit	610 000	−648 000	1 145 000	1 836 000
Financial Income	0	0	0	0
Financial Costs	2 000	2 000	7 000	2 000
Financial Balance	−2 000	−2 000	−7 000	−2 000
Dividends	0	0	0	0
Net Income	528 000	−560 000	887 000	1 430 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 455 000	2 084 000	2 149 000	1 625 000
Fixtures	0	0	0	0
Total Tangible Assets	1 455 000	2 084 000	2 149 000	1 625 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 455 000	2 084 000	2 149 000	1 625 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 723 000	977 000	2 458 000	1 381 000
Total Current Assets	3 512 000	1 830 000	3 351 000	2 766 000
Total Assets	4 967 000	3 913 000	5 500 000	4 391 000
Total Equity	2 806 000	2 279 000	2 839 000	1 951 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000	0	90 000	58 000
Creditors	750 000	25 000	937 000	735 000
Unpaid Taxes	717 000	562 000	442 000	296 000
Dividends	0	0	0	0
Other Current Debt	613 000	1 047 000	974 000	989 000
Total Current Debt	2 152 000	1 635 000	2 571 000	2 382 000
Total Equity and Debt	4 967 000	3 913 000	5 500 000	4 391 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,82 %	−24,57 %	31,24 %	73,3 %
Debt-to-Equity Ratio	0	0	0,03	0,03
Operating Profit Margin	5,81 %	−9,35 %	11,12 %	21,21 %
Current Ratio	1,63	1,12	1,3	1,16
Quick Ratio	1,63	1,12	1,3	1,16
Equity Ratio	0,56	0,58	0,52	0,44
Gross Profit Margin	89,08 %	94,47 %	90,27 %	83,24 %