MOHN DRILLING AS

5165 LAKSEVÅG

Finances

Return on Equity

6,02 %

Current Ratio

1,15

Debt-to-Equity Ratio

3,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	222 241 000	185 451 000	150 624 000	172 806 000
Net Income	2 389 000	13 833 000	16 573 000	11 057 000
Total Assets	283 911 000	285 868 000	253 408 000	318 896 000
Total Equity	39 686 000	40 874 000	28 466 000	17 709 000

Income (NOK)	2022	2021	2020	2019
Revenue	222 241 000	185 451 000	150 624 000	172 806 000
Expenditure	200 647 000	161 896 000	135 284 000	138 745 000
Operating Profit	21 593 000	23 556 000	15 341 000	34 061 000
Financial Income	23 443 000	7 283 000	45 277 000	6 686 000
Financial Costs	42 152 000	13 159 000	44 045 000	24 981 000
Financial Balance	−18 709 000	−5 876 000	1 232 000	−18 295 000
Earnings Before Tax	2 885 000	17 679 000	16 573 000	15 766 000
Tax	495 000	3 846 000	0	4 709 000
Net Income	2 389 000	13 833 000	16 573 000	11 057 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	184 164 000	192 448 000	202 515 000	227 406 000
Total Current Assets	99 747 000	93 421 000	50 894 000	91 491 000
Total Assets	283 911 000	285 868 000	253 408 000	318 896 000
Total Retained Equity	38 614 000	39 802 000	27 394 000	16 636 000
Total Equity	39 686 000	40 874 000	28 466 000	17 709 000
Total Long-Term Debt	157 131 000	160 364 000	168 093 000	194 985 000
Total Current Debt	87 094 000	84 630 000	56 849 000	106 203 000
Total Equity and Debt	283 911 000	285 868 000	253 408 000	318 896 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	216 708 000	185 451 000	150 624 000	172 806 000
Other Income	5 533 000	0	0	0
Revenue	222 241 000	185 451 000	150 624 000	172 806 000
Cost of Goods Sold	141 446 000	111 461 000	74 646 000	79 649 000
Salary Costs	26 779 000	21 846 000	20 337 000	19 937 000
Depreciation	16 673 000	16 594 000	16 443 000	15 689 000
Impairment	0	0	0	0
Expenditure	200 647 000	161 896 000	135 284 000	138 745 000
Operating Profit	21 593 000	23 556 000	15 341 000	34 061 000
Financial Income	23 443 000	7 283 000	45 277 000	6 686 000
Financial Costs	42 152 000	13 159 000	44 045 000	24 981 000
Financial Balance	−18 709 000	−5 876 000	1 232 000	−18 295 000
Dividends	0	0	0	0
Net Income	2 389 000	13 833 000	16 573 000	11 057 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 068 000	3 734 000	3 879 000	16 750 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	176 892 000	188 498 000	198 468 000	210 410 000
Fixtures	203 000	118 000	0	10 000
Total Tangible Assets	177 096 000	188 616 000	198 468 000	210 420 000
Total Fiancial Fixed Assets	0	98 000	168 000	236 000
Total Fixed Assets	184 164 000	192 448 000	202 515 000	227 406 000
Stock	27 764 000	23 388 000	21 738 000	22 115 000
Total Investments	2 759 000	2 658 000	1 911 000	1 390 000
Cash, Bank	20 410 000	8 598 000	4 084 000	11 351 000
Total Current Assets	99 747 000	93 421 000	50 894 000	91 491 000
Total Assets	283 911 000	285 868 000	253 408 000	318 896 000
Total Equity	39 686 000	40 874 000	28 466 000	17 709 000
Short-Term Group Debt	0	0	16 633 000	0
Total Long-Term Debt	157 131 000	160 364 000	168 093 000	194 985 000
Creditors	7 432 000	15 293 000	4 385 000	11 533 000
Unpaid Taxes	2 484 000	1 826 000	1 577 000	1 622 000
Dividends	0	0	0	0
Other Current Debt	21 141 000	24 359 000	0	35 402 000
Total Current Debt	87 094 000	84 630 000	56 849 000	106 203 000
Total Equity and Debt	283 911 000	285 868 000	253 408 000	318 896 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,02 %	33,84 %	58,22 %	62,44 %
Debt-to-Equity Ratio	3,96	3,92	5,91	11,01
Operating Profit Margin	9,72 %	12,7 %	10,18 %	19,71 %
Current Ratio	1,15	1,1	0,9	0,86
Quick Ratio	1,68	1,53	1,45	1,09
Equity Ratio	0,14	0,14	0,11	0,06
Gross Profit Margin	36,35 %	39,9 %	50,44 %	53,91 %