HORDVIK MASKIN AS

5131 NYBORG

Finances

Share Ownership

Return on Equity

2,67 %

Current Ratio

0,88

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 295 000	2 927 000	3 399 000	2 961 000
Net Income	55 000	2 000	72 000	11 000
Total Assets	3 728 000	3 406 000	3 032 000	2 977 000
Total Equity	2 063 000	2 008 000	2 006 000	1 934 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 295 000	2 927 000	3 399 000	2 961 000
Expenditure	3 301 000	2 935 000	3 316 000	2 958 000
Operating Profit	−6 000	−7 000	83 000	4 000
Financial Income	62 000	10 000	10 000	10 000
Financial Costs	0	0	0	0
Financial Balance	62 000	10 000	10 000	10 000
Earnings Before Tax	56 000	2 000	93 000	14 000
Tax	1 000	1 000	20 000	3 000
Net Income	55 000	2 000	72 000	11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 283 000	1 303 000	956 000	1 158 000
Total Current Assets	1 445 000	2 103 000	2 076 000	1 818 000
Total Assets	3 728 000	3 406 000	3 032 000	2 977 000
Total Retained Equity	1 963 000	1 908 000	1 906 000	1 833 000
Total Equity	2 063 000	2 008 000	2 006 000	1 934 000
Total Long-Term Debt	20 000	19 000	18 000	16 000
Total Current Debt	1 644 000	1 379 000	1 007 000	1 027 000
Total Equity and Debt	3 728 000	3 406 000	3 032 000	2 977 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 295 000	2 761 000	3 399 000	2 961 000
Other Income	0	167 000	0	0
Revenue	3 295 000	2 927 000	3 399 000	2 961 000
Cost of Goods Sold	1 344 000	951 000	1 462 000	1 185 000
Salary Costs	799 000	785 000	788 000	736 000
Depreciation	339 000	233 000	203 000	373 000
Impairment	0	0	0	0
Expenditure	3 301 000	2 935 000	3 316 000	2 958 000
Operating Profit	−6 000	−7 000	83 000	4 000
Financial Income	62 000	10 000	10 000	10 000
Financial Costs	0	0	0	0
Financial Balance	62 000	10 000	10 000	10 000
Dividends	0	0	0	0
Net Income	55 000	2 000	72 000	11 000

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	349 000	502 000	661 000	819 000
Fixtures	1 934 000	801 000	295 000	339 000
Total Tangible Assets	2 283 000	1 303 000	956 000	1 158 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 283 000	1 303 000	956 000	1 158 000
Stock	0	0	0	0
Total Investments	0	18 000	18 000	18 000
Cash, Bank	109 000	468 000	804 000	565 000
Total Current Assets	1 445 000	2 103 000	2 076 000	1 818 000
Total Assets	3 728 000	3 406 000	3 032 000	2 977 000
Total Equity	2 063 000	2 008 000	2 006 000	1 934 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 000	19 000	18 000	16 000
Creditors	449 000	228 000	378 000	406 000
Unpaid Taxes	197 000	226 000	123 000	151 000
Dividends	0	0	0	0
Other Current Debt	998 000	925 000	488 000	450 000
Total Current Debt	1 644 000	1 379 000	1 007 000	1 027 000
Total Equity and Debt	3 728 000	3 406 000	3 032 000	2 977 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,67 %	0,1 %	3,59 %	0,57 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,01
Operating Profit Margin	−0,18 %	−0,24 %	2,44 %	0,14 %
Current Ratio	0,88	1,53	2,06	1,77
Quick Ratio	0,88	1,53	2,06	1,77
Equity Ratio	0,55	0,59	0,66	0,65
Gross Profit Margin	59,21 %	67,51 %	56,99 %	59,98 %