HØYVEG MEKANISKE VERKSTED AS

2662 DOVRE

Finances

Share Ownership

Return on Equity

8,83 %

Current Ratio

4,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 559 000	17 948 000	16 724 000	13 862 000
Net Income	970 000	1 162 000	917 000	837 000
Total Assets	13 258 000	12 599 000	11 410 000	11 420 000
Total Equity	10 985 000	10 015 000	9 353 000	8 936 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 559 000	17 948 000	16 724 000	13 862 000
Expenditure	15 353 000	16 499 000	15 583 000	12 700 000
Operating Profit	1 206 000	1 450 000	1 141 000	1 163 000
Financial Income	38 000	40 000	38 000	67 000
Financial Costs	1 000	1 000	3 000	123 000
Financial Balance	37 000	39 000	35 000	−56 000
Earnings Before Tax	1 243 000	1 489 000	1 176 000	1 107 000
Tax	274 000	328 000	259 000	270 000
Net Income	970 000	1 162 000	917 000	837 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 906 000	3 068 000	3 361 000	2 294 000
Total Current Assets	10 351 000	9 530 000	8 049 000	9 126 000
Total Assets	13 258 000	12 599 000	11 410 000	11 420 000
Total Retained Equity	10 835 000	9 865 000	9 204 000	8 786 000
Total Equity	10 985 000	10 015 000	9 353 000	8 936 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 273 000	2 584 000	2 057 000	2 484 000
Total Equity and Debt	13 258 000	12 599 000	11 410 000	11 420 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 285 000	17 685 000	16 484 000	13 676 000
Other Income	274 000	263 000	240 000	186 000
Revenue	16 559 000	17 948 000	16 724 000	13 862 000
Cost of Goods Sold	7 174 000	8 730 000	7 810 000	5 559 000
Salary Costs	5 223 000	4 884 000	4 947 000	4 536 000
Depreciation	762 000	719 000	631 000	521 000
Impairment	0	0	0	0
Expenditure	15 353 000	16 499 000	15 583 000	12 700 000
Operating Profit	1 206 000	1 450 000	1 141 000	1 163 000
Financial Income	38 000	40 000	38 000	67 000
Financial Costs	1 000	1 000	3 000	123 000
Financial Balance	37 000	39 000	35 000	−56 000
Dividends	0	0	500 000	300 000
Net Income	970 000	1 162 000	917 000	837 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	165 000	114 000	66 000	72 000
Real Eastate	689 000	760 000	830 000	218 000
Machinery and Plant Facilities	481 000	728 000	1 041 000	904 000
Fixtures	1 271 000	1 167 000	1 124 000	800 000
Total Tangible Assets	2 441 000	2 654 000	2 995 000	1 922 000
Total Fiancial Fixed Assets	300 000	300 000	300 000	300 000
Total Fixed Assets	2 906 000	3 068 000	3 361 000	2 294 000
Stock	4 589 000	3 600 000	2 987 000	2 625 000
Total Investments	0	0	0	0
Cash, Bank	4 065 000	4 259 000	3 746 000	4 895 000
Total Current Assets	10 351 000	9 530 000	8 049 000	9 126 000
Total Assets	13 258 000	12 599 000	11 410 000	11 420 000
Total Equity	10 985 000	10 015 000	9 353 000	8 936 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	693 000	1 162 000	352 000	552 000
Unpaid Taxes	715 000	556 000	519 000	810 000
Dividends	0	0	500 000	300 000
Other Current Debt	541 000	490 000	432 000	508 000
Total Current Debt	2 273 000	2 584 000	2 057 000	2 484 000
Total Equity and Debt	13 258 000	12 599 000	11 410 000	11 420 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,83 %	11,6 %	9,8 %	9,37 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,28 %	8,08 %	6,82 %	8,39 %
Current Ratio	4,55	3,69	3,91	3,67
Quick Ratio	−4,47	−9,38	−8,65	−64,72
Equity Ratio	0,83	0,79	0,82	0,78
Gross Profit Margin	56,68 %	51,36 %	53,3 %	59,9 %