HEGGELUND MASKIN AS

2920 LEIRA I VALDRES

Finances

Share Ownership

Return on Equity

22,67 %

Current Ratio

0,73

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 358 000	1 533 000	884 000	617 000
Net Income	129 000	273 000	32 000	−3 000
Total Assets	1 653 000	1 291 000	561 000	526 000
Total Equity	569 000	441 000	168 000	136 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 358 000	1 533 000	884 000	617 000
Expenditure	2 187 000	1 181 000	839 000	611 000
Operating Profit	172 000	352 000	45 000	6 000
Financial Income	0	0	0	0
Financial Costs	6 000	11 000	13 000	10 000
Financial Balance	−6 000	−11 000	−13 000	−10 000
Earnings Before Tax	165 000	341 000	32 000	−3 000
Tax	37 000	68 000	0	0
Net Income	129 000	273 000	32 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 016 000	1 101 000	326 000	300 000
Total Current Assets	637 000	190 000	235 000	226 000
Total Assets	1 653 000	1 291 000	561 000	526 000
Total Retained Equity	369 000	241 000	−24 000	−56 000
Total Equity	569 000	441 000	168 000	136 000
Total Long-Term Debt	211 000	308 000	274 000	326 000
Total Current Debt	873 000	542 000	119 000	64 000
Total Equity and Debt	1 653 000	1 291 000	561 000	526 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 358 000	1 220 000	884 000	617 000
Other Income	0	313 000	0	0
Revenue	2 358 000	1 533 000	884 000	617 000
Cost of Goods Sold	246 000	29 000	28 000	44 000
Salary Costs	46 000	4 000	7 000	0
Depreciation	82 000	49 000	36 000	64 000
Impairment	0	0	0	0
Expenditure	2 187 000	1 181 000	839 000	611 000
Operating Profit	172 000	352 000	45 000	6 000
Financial Income	0	0	0	0
Financial Costs	6 000	11 000	13 000	10 000
Financial Balance	−6 000	−11 000	−13 000	−10 000
Dividends	0	0	0	0
Net Income	129 000	273 000	32 000	−3 000

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	145 000	175 000	205 000	235 000
Fixtures	288 000	292 000	30 000	15 000
Total Tangible Assets	433 000	467 000	235 000	250 000
Total Fiancial Fixed Assets	583 000	634 000	91 000	50 000
Total Fixed Assets	1 016 000	1 101 000	326 000	300 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	82 000	54 000	172 000	43 000
Total Current Assets	637 000	190 000	235 000	226 000
Total Assets	1 653 000	1 291 000	561 000	526 000
Total Equity	569 000	441 000	168 000	136 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	211 000	308 000	274 000	326 000
Creditors	196 000	80 000	0	20 000
Unpaid Taxes	106 000	0	3 000	0
Dividends	0	0	0	0
Other Current Debt	534 000	421 000	115 000	44 000
Total Current Debt	873 000	542 000	119 000	64 000
Total Equity and Debt	1 653 000	1 291 000	561 000	526 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,67 %	61,9 %	19,05 %	−2,21 %
Debt-to-Equity Ratio	0,37	0,7	1,63	2,4
Operating Profit Margin	7,29 %	22,96 %	5,09 %	0,97 %
Current Ratio	0,73	0,35	1,97	3,53
Quick Ratio	0,73	0,35	1,97	3,53
Equity Ratio	0,34	0,34	0,3	0,26
Gross Profit Margin	89,57 %	98,11 %	96,83 %	92,87 %