HONNINGSVÅG MEK VERKSTED AS

9750 HONNINGSVÅG

Finances

Return on Equity

22,27 %

Current Ratio

3,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 423 000	16 656 000	15 947 000	20 174 000
Net Income	3 942 000	2 277 000	3 127 000	−295 000
Total Assets	22 480 000	18 776 000	22 338 000	19 553 000
Total Equity	17 699 000	14 757 000	19 330 000	16 202 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 423 000	16 656 000	15 947 000	20 174 000
Expenditure	16 569 000	13 848 000	12 155 000	20 354 000
Operating Profit	4 854 000	2 808 000	3 792 000	−180 000
Financial Income	104 000	61 000	109 000	125 000
Financial Costs	6 000	6 000	16 000	46 000
Financial Balance	98 000	55 000	93 000	79 000
Earnings Before Tax	4 952 000	2 863 000	3 884 000	−101 000
Tax	1 009 000	586 000	757 000	194 000
Net Income	3 942 000	2 277 000	3 127 000	−295 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 380 000	2 761 000	3 088 000	3 482 000
Total Current Assets	19 100 000	16 015 000	19 250 000	16 071 000
Total Assets	22 480 000	18 776 000	22 338 000	19 553 000
Total Retained Equity	17 629 000	14 687 000	19 230 000	16 102 000
Total Equity	17 699 000	14 757 000	19 330 000	16 202 000
Total Long-Term Debt	0	183 000	366 000	550 000
Total Current Debt	4 781 000	3 836 000	2 642 000	2 800 000
Total Equity and Debt	22 480 000	18 776 000	22 338 000	19 553 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 257 000	16 656 000	15 922 000	20 174 000
Other Income	165 000	0	25 000	0
Revenue	21 423 000	16 656 000	15 947 000	20 174 000
Cost of Goods Sold	8 157 000	6 364 000	4 759 000	8 235 000
Salary Costs	6 193 000	6 044 000	5 534 000	6 111 000
Depreciation	393 000	397 000	394 000	404 000
Impairment	0	0	0	411 000
Expenditure	16 569 000	13 848 000	12 155 000	20 354 000
Operating Profit	4 854 000	2 808 000	3 792 000	−180 000
Financial Income	104 000	61 000	109 000	125 000
Financial Costs	6 000	6 000	16 000	46 000
Financial Balance	98 000	55 000	93 000	79 000
Dividends	1 000 000	1 000 000	0	0
Net Income	3 942 000	2 277 000	3 127 000	−295 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 842 000	1 982 000	2 122 000	2 262 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 126 000	717 000	869 000	1 087 000
Total Tangible Assets	3 370 000	2 752 000	3 079 000	3 472 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	3 380 000	2 761 000	3 088 000	3 482 000
Stock	2 016 000	1 644 000	1 670 000	1 246 000
Total Investments	0	0	0	0
Cash, Bank	15 260 000	12 413 000	15 824 000	11 552 000
Total Current Assets	19 100 000	16 015 000	19 250 000	16 071 000
Total Assets	22 480 000	18 776 000	22 338 000	19 553 000
Total Equity	17 699 000	14 757 000	19 330 000	16 202 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	183 000	366 000	550 000
Creditors	1 079 000	887 000	450 000	803 000
Unpaid Taxes	999 000	655 000	736 000	1 070 000
Dividends	1 000 000	1 000 000	0	0
Other Current Debt	694 000	708 000	699 000	733 000
Total Current Debt	4 781 000	3 836 000	2 642 000	2 800 000
Total Equity and Debt	22 480 000	18 776 000	22 338 000	19 553 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,27 %	15,43 %	16,18 %	−1,82 %
Debt-to-Equity Ratio	0	0,01	0,02	0,03
Operating Profit Margin	22,66 %	16,86 %	23,78 %	−0,89 %
Current Ratio	3,99	4,17	7,29	5,74
Quick Ratio	6,91	7,31	19,8	10,34
Equity Ratio	0,79	0,79	0,87	0,83
Gross Profit Margin	61,92 %	61,79 %	70,16 %	59,18 %