HM EIENDOM & RENOVERING AS

3948 PORSGRUNN

Finances

Share Ownership

Return on Equity

2,36 %

Current Ratio

1,22

Debt-to-Equity Ratio

1,43

Key figures (NOK)	2022	2021	2020
Revenue	10 353 000	13 701 000	600 000
Net Income	49 000	1 726 000	277 000
Total Assets	10 123 000	9 236 000	570 000
Total Equity	2 073 000	2 024 000	297 000

Income (NOK)	2022	2021	2020
Revenue	10 353 000	13 701 000	600 000
Expenditure	10 101 000	11 381 000	234 000
Operating Profit	251 000	2 319 000	366 000
Financial Income	1 000	0	0
Financial Costs	185 000	104 000	0
Financial Balance	−184 000	−104 000	0
Earnings Before Tax	67 000	2 216 000	366 000
Tax	18 000	490 000	89 000
Net Income	49 000	1 726 000	277 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	3 902 000	1 012 000	34 000
Total Current Assets	6 221 000	8 224 000	536 000
Total Assets	10 123 000	9 236 000	570 000
Total Retained Equity	2 052 000	2 003 000	277 000
Total Equity	2 073 000	2 024 000	297 000
Total Long-Term Debt	2 965 000	834 000	3 000
Total Current Debt	5 086 000	6 379 000	269 000
Total Equity and Debt	10 123 000	9 236 000	570 000

Cash flow (NOK)	2022	2021	2020
Sales Income	10 353 000	13 701 000	600 000
Other Income	0	0	0
Revenue	10 353 000	13 701 000	600 000
Cost of Goods Sold	8 146 000	10 523 000	177 000
Salary Costs	1 156 000	383 000	0
Depreciation	186 000	36 000	1 000
Impairment	0	0	0
Expenditure	10 101 000	11 381 000	234 000
Operating Profit	251 000	2 319 000	366 000
Financial Income	1 000	0	0
Financial Costs	185 000	104 000	0
Financial Balance	−184 000	−104 000	0
Dividends	0	0	0
Net Income	49 000	1 726 000	277 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	2 786 000	0	0
Machinery and Plant Facilities	0	1 012 000	34 000
Fixtures	1 116 000	0	0
Total Tangible Assets	3 902 000	1 012 000	34 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	3 902 000	1 012 000	34 000
Stock	5 555 000	7 151 000	0
Total Investments	0	0	0
Cash, Bank	238 000	900 000	358 000
Total Current Assets	6 221 000	8 224 000	536 000
Total Assets	10 123 000	9 236 000	570 000
Total Equity	2 073 000	2 024 000	297 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 965 000	834 000	3 000
Creditors	459 000	41 000	0
Unpaid Taxes	155 000	211 000	84 000
Dividends	0	0	0
Other Current Debt	4 471 000	112 000	100 000
Total Current Debt	5 086 000	6 379 000	269 000
Total Equity and Debt	10 123 000	9 236 000	570 000

Financial indicators	2022	2021	2020
Return on Equity	2,36 %	85,28 %	93,27 %
Debt-to-Equity Ratio	1,43	0,41	0,01
Operating Profit Margin	2,42 %	16,93 %	61 %
Current Ratio	1,22	1,29	1,99
Quick Ratio	−13,26	−10,65	1,99
Equity Ratio	0,2	0,22	0,52
Gross Profit Margin	21,32 %	23,2 %	70,5 %