HG-MEK AS

3514 HØNEFOSS

Finances

Share Ownership

Return on Equity

32,8 %

Current Ratio

2,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 450 000	3 094 000	2 244 000	2 071 000
Net Income	185 000	457 000	234 000	147 000
Total Assets	1 113 000	1 176 000	1 193 000	667 000
Total Equity	564 000	559 000	532 000	297 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 450 000	3 094 000	2 244 000	2 071 000
Expenditure	2 214 000	2 508 000	1 939 000	1 869 000
Operating Profit	237 000	587 000	305 000	201 000
Financial Income	1 000	0	0	1 000
Financial Costs	0	0	0	3 000
Financial Balance	1 000	0	0	−2 000
Earnings Before Tax	238 000	587 000	306 000	200 000
Tax	52 000	130 000	71 000	53 000
Net Income	185 000	457 000	234 000	147 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 000	21 000	43 000	50 000
Total Current Assets	1 104 000	1 155 000	1 149 000	617 000
Total Assets	1 113 000	1 176 000	1 193 000	667 000
Total Retained Equity	464 000	459 000	432 000	197 000
Total Equity	564 000	559 000	532 000	297 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	549 000	617 000	661 000	370 000
Total Equity and Debt	1 113 000	1 176 000	1 193 000	667 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 450 000	3 094 000	2 244 000	2 071 000
Other Income	0	0	0	0
Revenue	2 450 000	3 094 000	2 244 000	2 071 000
Cost of Goods Sold	840 000	1 027 000	536 000	595 000
Salary Costs	1 033 000	1 003 000	936 000	892 000
Depreciation	13 000	22 000	45 000	40 000
Impairment	0	0	0	0
Expenditure	2 214 000	2 508 000	1 939 000	1 869 000
Operating Profit	237 000	587 000	305 000	201 000
Financial Income	1 000	0	0	1 000
Financial Costs	0	0	0	3 000
Financial Balance	1 000	0	0	−2 000
Dividends	180 000	0	0	0
Net Income	185 000	457 000	234 000	147 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 000	21 000	43 000	50 000
Total Tangible Assets	8 000	21 000	43 000	50 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 000	21 000	43 000	50 000
Stock	38 000	47 000	31 000	21 000
Total Investments	0	0	0	0
Cash, Bank	1 063 000	972 000	1 053 000	577 000
Total Current Assets	1 104 000	1 155 000	1 149 000	617 000
Total Assets	1 113 000	1 176 000	1 193 000	667 000
Total Equity	564 000	559 000	532 000	297 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	70 000	253 000	353 000	139 000
Unpaid Taxes	166 000	157 000	164 000	117 000
Dividends	180 000	0	0	0
Other Current Debt	80 000	77 000	72 000	69 000
Total Current Debt	549 000	617 000	661 000	370 000
Total Equity and Debt	1 113 000	1 176 000	1 193 000	667 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,8 %	81,75 %	43,98 %	49,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,67 %	18,97 %	13,59 %	9,71 %
Current Ratio	2,01	1,87	1,74	1,67
Quick Ratio	2,16	2,03	1,82	1,77
Equity Ratio	0,51	0,48	0,45	0,45
Gross Profit Margin	65,71 %	66,81 %	76,11 %	71,27 %