MHG EQUIPMENT AS

4250 KOPERVIK

Finances

Share Ownership

Return on Equity

−2,44 %

Current Ratio

2,32

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	736 000	15 614 000	4 422 000	6 647 000
Net Income	−651 000	11 329 000	1 970 000	5 201 000
Total Assets	37 799 000	36 501 000	28 845 000	25 509 000
Total Equity	26 648 000	25 746 000	14 417 000	12 447 000

Income (NOK)	2022	2021	2020	2019
Revenue	736 000	15 614 000	4 422 000	6 647 000
Expenditure	1 585 000	1 125 000	2 215 000	242 000
Operating Profit	−849 000	14 489 000	2 207 000	6 406 000
Financial Income	22 000	35 000	318 000	261 000
Financial Costs	5 000	0	0	0
Financial Balance	17 000	35 000	318 000	261 000
Earnings Before Tax	−833 000	14 524 000	2 525 000	6 667 000
Tax	−182 000	3 195 000	555 000	1 467 000
Net Income	−651 000	11 329 000	1 970 000	5 201 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 766 000	14 123 000	4 243 000	1 346 000
Total Current Assets	23 033 000	22 378 000	24 602 000	24 162 000
Total Assets	37 799 000	36 501 000	28 845 000	25 509 000
Total Retained Equity	24 795 000	25 446 000	14 117 000	12 147 000
Total Equity	26 648 000	25 746 000	14 417 000	12 447 000
Total Long-Term Debt	1 205 000	949 000	536 000	490 000
Total Current Debt	9 945 000	9 807 000	13 892 000	12 571 000
Total Equity and Debt	37 799 000	36 501 000	28 845 000	25 509 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	40 000
Other Income	736 000	15 614 000	4 422 000	6 607 000
Revenue	736 000	15 614 000	4 422 000	6 647 000
Cost of Goods Sold	358 000	519 000	1 905 000	0
Salary Costs	0	0	0	0
Depreciation	1 157 000	573 000	245 000	178 000
Impairment	0	0	0	0
Expenditure	1 585 000	1 125 000	2 215 000	242 000
Operating Profit	−849 000	14 489 000	2 207 000	6 406 000
Financial Income	22 000	35 000	318 000	261 000
Financial Costs	5 000	0	0	0
Financial Balance	17 000	35 000	318 000	261 000
Dividends	0	0	0	0
Net Income	−651 000	11 329 000	1 970 000	5 201 000

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	14 766 000	14 123 000	4 243 000	1 346 000
Fixtures	0	0	0	0
Total Tangible Assets	14 766 000	14 123 000	4 243 000	1 346 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 766 000	14 123 000	4 243 000	1 346 000
Stock	147 000	147 000	147 000	147 000
Total Investments	0	0	0	0
Cash, Bank	3 773 000	1 749 000	9 753 000	24 016 000
Total Current Assets	23 033 000	22 378 000	24 602 000	24 162 000
Total Assets	37 799 000	36 501 000	28 845 000	25 509 000
Total Equity	26 648 000	25 746 000	14 417 000	12 447 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 205 000	949 000	536 000	490 000
Creditors	2 297 000	0	3 071 000	277 000
Unpaid Taxes	623 000	0	280 000	1 437 000
Dividends	0	0	0	0
Other Current Debt	7 025 000	7 025 000	10 032 000	10 857 000
Total Current Debt	9 945 000	9 807 000	13 892 000	12 571 000
Total Equity and Debt	37 799 000	36 501 000	28 845 000	25 509 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,44 %	44 %	13,66 %	41,79 %
Debt-to-Equity Ratio	0,05	0,04	0,04	0,04
Operating Profit Margin	−115,35 %	92,79 %	49,91 %	96,37 %
Current Ratio	2,32	2,28	1,77	1,92
Quick Ratio	2,35	2,32	1,79	1,94
Equity Ratio	0,7	0,71	0,5	0,49
Gross Profit Margin	51,36 %	96,68 %	56,92 %	100 %