HEMNES MEK VERKSTED AS

8640 HEMNESBERGET

Finances

Return on Equity

45,68 %

Current Ratio

2,68

Debt-to-Equity Ratio

1,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 078 000	9 835 000	12 633 000	13 412 000
Net Income	1 799 000	416 000	−1 595 000	−1 368 000
Total Assets	10 061 000	8 483 000	8 760 000	11 756 000
Total Equity	3 938 000	2 140 000	1 723 000	3 318 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 078 000	9 835 000	12 633 000	13 412 000
Expenditure	9 835 000	9 754 000	12 263 000	13 861 000
Operating Profit	1 984 000	570 000	−1 350 000	−947 000
Financial Income	36 000	54 000	52 000	61 000
Financial Costs	221 000	207 000	297 000	482 000
Financial Balance	−185 000	−153 000	−245 000	−421 000
Earnings Before Tax	1 799 000	416 000	−1 595 000	−1 368 000
Tax	0	0	0	0
Net Income	1 799 000	416 000	−1 595 000	−1 368 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 206 000	5 500 000	5 458 000	6 241 000
Total Current Assets	4 856 000	2 984 000	3 302 000	5 514 000
Total Assets	10 061 000	8 483 000	8 760 000	11 756 000
Total Retained Equity	3 738 000	1 940 000	1 523 000	3 118 000
Total Equity	3 938 000	2 140 000	1 723 000	3 318 000
Total Long-Term Debt	4 314 000	5 177 000	3 772 000	3 073 000
Total Current Debt	1 809 000	1 167 000	3 265 000	5 365 000
Total Equity and Debt	10 061 000	8 483 000	8 760 000	11 756 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 104 000	9 885 000	11 354 000	14 405 000
Other Income	−26 000	−49 000	1 279 000	−992 000
Revenue	11 078 000	9 835 000	12 633 000	13 412 000
Cost of Goods Sold	4 802 000	3 550 000	4 998 000	6 663 000
Salary Costs	2 967 000	3 604 000	4 324 000	4 417 000
Depreciation	403 000	349 000	340 000	352 000
Impairment	0	0	443 000	0
Expenditure	9 835 000	9 754 000	12 263 000	13 861 000
Operating Profit	1 984 000	570 000	−1 350 000	−947 000
Financial Income	36 000	54 000	52 000	61 000
Financial Costs	221 000	207 000	297 000	482 000
Financial Balance	−185 000	−153 000	−245 000	−421 000
Dividends	0	0	0	0
Net Income	1 799 000	416 000	−1 595 000	−1 368 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 781 000	4 972 000	4 997 000	5 612 000
Machinery and Plant Facilities	25 000	90 000	167 000	244 000
Fixtures	375 000	413 000	284 000	375 000
Total Tangible Assets	5 181 000	5 475 000	5 448 000	6 231 000
Total Fiancial Fixed Assets	25 000	25 000	10 000	10 000
Total Fixed Assets	5 206 000	5 500 000	5 458 000	6 241 000
Stock	2 744 000	2 026 000	1 002 000	2 862 000
Total Investments	0	0	0	0
Cash, Bank	632 000	134 000	986 000	76 000
Total Current Assets	4 856 000	2 984 000	3 302 000	5 514 000
Total Assets	10 061 000	8 483 000	8 760 000	11 756 000
Total Equity	3 938 000	2 140 000	1 723 000	3 318 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 314 000	5 177 000	3 772 000	3 073 000
Creditors	872 000	397 000	603 000	447 000
Unpaid Taxes	470 000	289 000	445 000	1 119 000
Dividends	0	0	0	0
Other Current Debt	467 000	479 000	2 217 000	3 336 000
Total Current Debt	1 809 000	1 167 000	3 265 000	5 365 000
Total Equity and Debt	10 061 000	8 483 000	8 760 000	11 756 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,68 %	19,44 %	−92,57 %	−41,23 %
Debt-to-Equity Ratio	1,1	2,42	2,19	0,93
Operating Profit Margin	17,91 %	5,8 %	−10,69 %	−7,06 %
Current Ratio	2,68	2,56	1,01	1,03
Quick Ratio	−5,19	−3,47	1,46	2,2
Equity Ratio	0,39	0,25	0,2	0,28
Gross Profit Margin	56,65 %	63,9 %	60,44 %	50,32 %