TORBJØRN HELLAND MASKIN AS

4370 EGERSUND

Finances

Return on Equity

24,35 %

Current Ratio

1,83

Debt-to-Equity Ratio

0,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 100 000	36 963 000	21 565 000	26 323 000
Net Income	2 860 000	2 186 000	1 005 000	976 000
Total Assets	24 918 000	21 619 000	16 943 000	18 772 000
Total Equity	11 747 000	10 887 000	8 702 000	7 697 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 100 000	36 963 000	21 565 000	26 323 000
Expenditure	34 265 000	33 989 000	20 090 000	24 799 000
Operating Profit	3 835 000	2 973 000	1 476 000	1 524 000
Financial Income	5 000	3 000	1 000	0
Financial Costs	173 000	173 000	188 000	273 000
Financial Balance	−168 000	−170 000	−187 000	−273 000
Earnings Before Tax	3 667 000	2 802 000	1 288 000	1 251 000
Tax	807 000	616 000	283 000	275 000
Net Income	2 860 000	2 186 000	1 005 000	976 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 002 000	13 542 000	9 727 000	11 070 000
Total Current Assets	9 916 000	8 077 000	7 216 000	7 702 000
Total Assets	24 918 000	21 619 000	16 943 000	18 772 000
Total Retained Equity	5 232 000	4 372 000	2 186 000	1 181 000
Total Equity	11 747 000	10 887 000	8 702 000	7 697 000
Total Long-Term Debt	7 743 000	6 678 000	2 793 000	3 926 000
Total Current Debt	5 427 000	4 053 000	5 448 000	7 149 000
Total Equity and Debt	24 918 000	21 619 000	16 943 000	18 772 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 100 000	36 963 000	21 565 000	26 323 000
Other Income	0	0	0	0
Revenue	38 100 000	36 963 000	21 565 000	26 323 000
Cost of Goods Sold	14 587 000	15 014 000	4 553 000	8 068 000
Salary Costs	10 349 000	10 606 000	8 914 000	8 677 000
Depreciation	2 081 000	1 884 000	1 476 000	1 367 000
Impairment	0	0	0	0
Expenditure	34 265 000	33 989 000	20 090 000	24 799 000
Operating Profit	3 835 000	2 973 000	1 476 000	1 524 000
Financial Income	5 000	3 000	1 000	0
Financial Costs	173 000	173 000	188 000	273 000
Financial Balance	−168 000	−170 000	−187 000	−273 000
Dividends	2 000 000	0	0	0
Net Income	2 860 000	2 186 000	1 005 000	976 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	549 000	581 000	620 000	500 000
Real Eastate	230 000	246 000	261 000	277 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	13 353 000	12 065 000	8 196 000	9 643 000
Total Tangible Assets	13 583 000	12 311 000	8 457 000	9 920 000
Total Fiancial Fixed Assets	870 000	650 000	650 000	650 000
Total Fixed Assets	15 002 000	13 542 000	9 727 000	11 070 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 641 000	1 994 000	414 000	458 000
Total Current Assets	9 916 000	8 077 000	7 216 000	7 702 000
Total Assets	24 918 000	21 619 000	16 943 000	18 772 000
Total Equity	11 747 000	10 887 000	8 702 000	7 697 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 743 000	6 678 000	2 793 000	3 926 000
Creditors	431 000	1 835 000	2 090 000	3 063 000
Unpaid Taxes	2 705 000	1 315 000	1 585 000	1 290 000
Dividends	2 000 000	0	0	0
Other Current Debt	875 000	903 000	1 699 000	2 113 000
Total Current Debt	5 427 000	4 053 000	5 448 000	7 149 000
Total Equity and Debt	24 918 000	21 619 000	16 943 000	18 772 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,35 %	20,08 %	11,55 %	12,68 %
Debt-to-Equity Ratio	0,66	0,61	0,32	0,51
Operating Profit Margin	10,07 %	8,04 %	6,84 %	5,79 %
Current Ratio	1,83	1,99	1,32	1,08
Quick Ratio	1,83	1,99	1,32	1,08
Equity Ratio	0,47	0,5	0,51	0,41
Gross Profit Margin	61,71 %	59,38 %	78,89 %	69,35 %