HESSA MEKANISKE AS

6006 ÅLESUND

Finances

Share Ownership

Return on Equity

30,56 %

Current Ratio

1,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 632 000	3 704 000	4 227 000	3 599 000
Net Income	840 000	1 118 000	705 000	932 000
Total Assets	5 450 000	5 493 000	4 822 000	4 662 000
Total Equity	2 749 000	4 009 000	3 591 000	3 436 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 632 000	3 704 000	4 227 000	3 599 000
Expenditure	2 585 000	2 277 000	3 330 000	2 430 000
Operating Profit	1 047 000	1 428 000	897 000	1 170 000
Financial Income	32 000	7 000	10 000	20 000
Financial Costs	0	0	1 000	0
Financial Balance	32 000	7 000	9 000	20 000
Earnings Before Tax	1 079 000	1 434 000	906 000	1 189 000
Tax	239 000	316 000	201 000	258 000
Net Income	840 000	1 118 000	705 000	932 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 254 000	1 326 000	1 397 000	1 078 000
Total Current Assets	4 196 000	4 167 000	3 425 000	3 584 000
Total Assets	5 450 000	5 493 000	4 822 000	4 662 000
Total Retained Equity	2 649 000	3 909 000	3 491 000	3 336 000
Total Equity	2 749 000	4 009 000	3 591 000	3 436 000
Total Long-Term Debt	12 000	12 000	7 000	0
Total Current Debt	2 689 000	1 472 000	1 223 000	1 226 000
Total Equity and Debt	5 450 000	5 493 000	4 822 000	4 662 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 580 000	3 704 000	4 227 000	3 599 000
Other Income	52 000	0	0	0
Revenue	3 632 000	3 704 000	4 227 000	3 599 000
Cost of Goods Sold	989 000	841 000	974 000	344 000
Salary Costs	1 189 000	1 090 000	1 770 000	1 624 000
Depreciation	71 000	71 000	69 000	39 000
Impairment	0	0	0	0
Expenditure	2 585 000	2 277 000	3 330 000	2 430 000
Operating Profit	1 047 000	1 428 000	897 000	1 170 000
Financial Income	32 000	7 000	10 000	20 000
Financial Costs	0	0	1 000	0
Financial Balance	32 000	7 000	9 000	20 000
Dividends	2 100 000	700 000	550 000	500 000
Net Income	840 000	1 118 000	705 000	932 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 142 000	1 158 000	1 174 000	1 026 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	111 000	166 000	221 000	50 000
Total Tangible Assets	1 252 000	1 324 000	1 395 000	1 075 000
Total Fiancial Fixed Assets	2 000	2 000	2 000	3 000
Total Fixed Assets	1 254 000	1 326 000	1 397 000	1 078 000
Stock	0	0	0	4 000
Total Investments	0	0	0	0
Cash, Bank	3 897 000	3 993 000	3 295 000	3 071 000
Total Current Assets	4 196 000	4 167 000	3 425 000	3 584 000
Total Assets	5 450 000	5 493 000	4 822 000	4 662 000
Total Equity	2 749 000	4 009 000	3 591 000	3 436 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 000	12 000	7 000	0
Creditors	82 000	155 000	127 000	104 000
Unpaid Taxes	127 000	177 000	146 000	179 000
Dividends	2 100 000	700 000	550 000	500 000
Other Current Debt	141 000	128 000	207 000	186 000
Total Current Debt	2 689 000	1 472 000	1 223 000	1 226 000
Total Equity and Debt	5 450 000	5 493 000	4 822 000	4 662 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,56 %	27,89 %	19,63 %	27,12 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	28,83 %	38,55 %	21,22 %	32,51 %
Current Ratio	1,56	2,83	2,8	2,92
Quick Ratio	1,56	2,83	2,8	2,93
Equity Ratio	0,5	0,73	0,74	0,74
Gross Profit Margin	72,77 %	77,29 %	76,96 %	90,44 %