HETLAND MASKIN AS

1358 JAR

Finances

Share Ownership

Return on Equity

42,86 %

Current Ratio

3,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	895 000	591 000	519 000	63 000
Net Income	237 000	285 000	424 000	12 000
Total Assets	679 000	363 000	470 000	84 000
Total Equity	553 000	316 000	410 000	−14 000

Income (NOK)	2022	2021	2020	2019
Revenue	895 000	591 000	519 000	63 000
Expenditure	597 000	218 000	78 000	42 000
Operating Profit	298 000	374 000	441 000	21 000
Financial Income	14 000	2 000	5 000	0
Financial Costs	8 000	9 000	5 000	9 000
Financial Balance	6 000	−7 000	0	−9 000
Earnings Before Tax	304 000	366 000	442 000	12 000
Tax	67 000	81 000	18 000	0
Net Income	237 000	285 000	424 000	12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	250 000	250 000	15 000	45 000
Total Current Assets	429 000	113 000	455 000	39 000
Total Assets	679 000	363 000	470 000	84 000
Total Retained Equity	492 000	255 000	−30 000	−454 000
Total Equity	553 000	316 000	410 000	−14 000
Total Long-Term Debt	0	0	32 000	85 000
Total Current Debt	126 000	46 000	28 000	13 000
Total Equity and Debt	679 000	363 000	470 000	84 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	895 000	15 000	73 000	63 000
Other Income	0	576 000	446 000	0
Revenue	895 000	591 000	519 000	63 000
Cost of Goods Sold	473 000	146 000	30 000	0
Salary Costs	0	0	0	0
Depreciation	0	15 000	30 000	30 000
Impairment	0	0	0	0
Expenditure	597 000	218 000	78 000	42 000
Operating Profit	298 000	374 000	441 000	21 000
Financial Income	14 000	2 000	5 000	0
Financial Costs	8 000	9 000	5 000	9 000
Financial Balance	6 000	−7 000	0	−9 000
Dividends	0	0	0	0
Net Income	237 000	285 000	424 000	12 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	15 000	45 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	250 000	250 000	0	0
Total Fixed Assets	250 000	250 000	15 000	45 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	54 000	38 000	336 000	4 000
Total Current Assets	429 000	113 000	455 000	39 000
Total Assets	679 000	363 000	470 000	84 000
Total Equity	553 000	316 000	410 000	−14 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	32 000	85 000
Creditors	4 000	8 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	55 000	−42 000	10 000	13 000
Total Current Debt	126 000	46 000	28 000	13 000
Total Equity and Debt	679 000	363 000	470 000	84 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,86 %	90,19 %	103,41 %	−85,71 %
Debt-to-Equity Ratio	0	0	0,08	−6,07
Operating Profit Margin	33,3 %	63,28 %	84,97 %	33,33 %
Current Ratio	3,4	2,46	16,25	3
Quick Ratio	3,4	2,46	16,25	3
Equity Ratio	0,81	0,87	0,87	−0,17
Gross Profit Margin	47,15 %	75,3 %	94,22 %	100 %