HILLEVÅG MEK VERKSTED AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

26,41 %

Current Ratio

1,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 719 000	23 150 000	21 443 000	19 900 000
Net Income	1 426 000	2 132 000	1 503 000	972 000
Total Assets	11 929 000	11 363 000	9 908 000	8 044 000
Total Equity	5 399 000	5 472 000	4 840 000	4 337 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 719 000	23 150 000	21 443 000	19 900 000
Expenditure	18 880 000	20 633 000	19 421 000	18 516 000
Operating Profit	1 840 000	2 518 000	2 023 000	1 383 000
Financial Income	37 000	223 000	22 000	30 000
Financial Costs	38 000	1 000	111 000	167 000
Financial Balance	−1 000	222 000	−89 000	−137 000
Earnings Before Tax	1 839 000	2 740 000	1 934 000	1 247 000
Tax	413 000	607 000	431 000	276 000
Net Income	1 426 000	2 132 000	1 503 000	972 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	52 000	55 000	65 000
Total Current Assets	11 879 000	11 310 000	9 853 000	7 979 000
Total Assets	11 929 000	11 363 000	9 908 000	8 044 000
Total Retained Equity	5 299 000	5 372 000	4 740 000	4 237 000
Total Equity	5 399 000	5 472 000	4 840 000	4 337 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 531 000	5 890 000	5 068 000	3 707 000
Total Equity and Debt	11 929 000	11 363 000	9 908 000	8 044 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 719 000	23 150 000	21 443 000	19 900 000
Other Income	0	0	0	0
Revenue	20 719 000	23 150 000	21 443 000	19 900 000
Cost of Goods Sold	10 092 000	12 377 000	12 959 000	11 189 000
Salary Costs	6 402 000	6 206 000	4 518 000	5 319 000
Depreciation	0	0	8 000	43 000
Impairment	0	0	0	0
Expenditure	18 880 000	20 633 000	19 421 000	18 516 000
Operating Profit	1 840 000	2 518 000	2 023 000	1 383 000
Financial Income	37 000	223 000	22 000	30 000
Financial Costs	38 000	1 000	111 000	167 000
Financial Balance	−1 000	222 000	−89 000	−137 000
Dividends	1 500 000	1 500 000	1 000 000	1 000 000
Net Income	1 426 000	2 132 000	1 503 000	972 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	49 000	51 000	54 000	56 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	8 000
Total Tangible Assets	0	0	0	8 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	50 000	52 000	55 000	65 000
Stock	7 088 000	4 164 000	3 523 000	3 528 000
Total Investments	0	0	0	0
Cash, Bank	2 865 000	3 058 000	2 102 000	4 046 000
Total Current Assets	11 879 000	11 310 000	9 853 000	7 979 000
Total Assets	11 929 000	11 363 000	9 908 000	8 044 000
Total Equity	5 399 000	5 472 000	4 840 000	4 337 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 355 000	1 276 000	1 480 000	1 012 000
Unpaid Taxes	1 154 000	1 402 000	1 255 000	439 000
Dividends	1 500 000	1 500 000	1 000 000	1 000 000
Other Current Debt	1 111 000	1 108 000	905 000	976 000
Total Current Debt	6 531 000	5 890 000	5 068 000	3 707 000
Total Equity and Debt	11 929 000	11 363 000	9 908 000	8 044 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,41 %	38,96 %	31,05 %	22,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,88 %	10,88 %	9,43 %	6,95 %
Current Ratio	1,82	1,92	1,94	2,15
Quick Ratio	−21,33	6,55	6,38	44,58
Equity Ratio	0,45	0,48	0,49	0,54
Gross Profit Margin	51,29 %	46,54 %	39,57 %	43,77 %