HEDMARK MEMBRAN & HÅNDVERKSTJENESTER AS

2100 SKARNES

Finances

Share Ownership

Return on Equity

40,34 %

Current Ratio

0,98

Debt-to-Equity Ratio

−2,36

Key figures (NOK)	2021	2020	2019
Revenue	2 414 000	4 191 000	3 162 000
Net Income	−240 000	−559 000	181 000
Total Assets	1 851 000	2 706 000	2 072 000
Total Equity	−595 000	−354 000	205 000

Income (NOK)	2021	2020	2019
Revenue	2 414 000	4 191 000	3 162 000
Expenditure	2 616 000	4 800 000	2 920 000
Operating Profit	−84 000	−464 000	242 000
Financial Income	0	0	3 000
Financial Costs	156 000	96 000	44 000
Financial Balance	−156 000	−96 000	−41 000
Earnings Before Tax	−240 000	−559 000	202 000
Tax	0	0	21 000
Net Income	−240 000	−559 000	181 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	834 000	1 110 000	723 000
Total Current Assets	1 016 000	1 596 000	1 349 000
Total Assets	1 851 000	2 706 000	2 072 000
Total Retained Equity	−619 000	−379 000	181 000
Total Equity	−595 000	−354 000	205 000
Total Long-Term Debt	1 404 000	2 009 000	1 182 000
Total Current Debt	1 041 000	1 052 000	685 000
Total Equity and Debt	1 851 000	2 706 000	2 072 000

Cash flow (NOK)	2021	2020	2019
Sales Income	2 414 000	4 191 000	3 162 000
Other Income	0	0	0
Revenue	2 414 000	4 191 000	3 162 000
Cost of Goods Sold	779 000	1 837 000	1 143 000
Salary Costs	806 000	1 663 000	1 169 000
Depreciation	276 000	173 000	96 000
Impairment	0	0	0
Expenditure	2 616 000	4 800 000	2 920 000
Operating Profit	−84 000	−464 000	242 000
Financial Income	0	0	3 000
Financial Costs	156 000	96 000	44 000
Financial Balance	−156 000	−96 000	−41 000
Dividends	0	0	0
Net Income	−240 000	−559 000	181 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	804 000	1 070 000	701 000
Fixtures	30 000	40 000	22 000
Total Tangible Assets	834 000	1 110 000	723 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	834 000	1 110 000	723 000
Stock	281 000	164 000	20 000
Total Investments	0	0	0
Cash, Bank	96 000	200 000	112 000
Total Current Assets	1 016 000	1 596 000	1 349 000
Total Assets	1 851 000	2 706 000	2 072 000
Total Equity	−595 000	−354 000	205 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 404 000	2 009 000	1 182 000
Creditors	511 000	717 000	269 000
Unpaid Taxes	135 000	160 000	274 000
Dividends	0	0	0
Other Current Debt	395 000	175 000	120 000
Total Current Debt	1 041 000	1 052 000	685 000
Total Equity and Debt	1 851 000	2 706 000	2 072 000

Financial indicators	2021	2020	2019
Return on Equity	40,34 %	157,91 %	88,29 %
Debt-to-Equity Ratio	−2,36	−5,68	5,77
Operating Profit Margin	−3,48 %	−11,07 %	7,65 %
Current Ratio	0,98	1,52	1,97
Quick Ratio	1,34	1,8	2,03
Equity Ratio	−0,32	−0,13	0,1
Gross Profit Margin	67,73 %	56,17 %	63,85 %