MHES HOLDING AS

3026 DRAMMEN

Finances

Return on Equity

37,28 %

Current Ratio

14,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 146 000	3 708 000	3 293 000	3 934 000
Net Income	11 561 000	3 143 000	2 733 000	3 448 000
Total Assets	32 719 000	20 388 000	17 287 000	15 036 000
Total Equity	31 012 000	19 452 000	16 808 000	14 575 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 146 000	3 708 000	3 293 000	3 934 000
Expenditure	262 000	186 000	135 000	85 000
Operating Profit	11 885 000	3 522 000	3 158 000	3 849 000
Financial Income	66 000	9 000	25 000	36 000
Financial Costs	0	0	0	0
Financial Balance	66 000	9 000	25 000	36 000
Earnings Before Tax	11 951 000	3 530 000	3 183 000	3 885 000
Tax	390 000	387 000	450 000	437 000
Net Income	11 561 000	3 143 000	2 733 000	3 448 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 314 000	318 000	394 000	529 000
Total Current Assets	25 406 000	20 070 000	16 893 000	14 506 000
Total Assets	32 719 000	20 388 000	17 287 000	15 036 000
Total Retained Equity	30 912 000	19 351 000	16 708 000	14 475 000
Total Equity	31 012 000	19 452 000	16 808 000	14 575 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 707 000	937 000	479 000	461 000
Total Equity and Debt	32 719 000	20 388 000	17 287 000	15 036 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	12 146 000	3 708 000	3 293 000	3 934 000
Revenue	12 146 000	3 708 000	3 293 000	3 934 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	262 000	186 000	135 000	85 000
Operating Profit	11 885 000	3 522 000	3 158 000	3 849 000
Financial Income	66 000	9 000	25 000	36 000
Financial Costs	0	0	0	0
Financial Balance	66 000	9 000	25 000	36 000
Dividends	0	500 000	500 000	0
Net Income	11 561 000	3 143 000	2 733 000	3 448 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	7 314 000	318 000	394 000	529 000
Total Fixed Assets	7 314 000	318 000	394 000	529 000
Stock	0	0	0	0
Total Investments	13 200 000	10 725 000	9 282 000	7 834 000
Cash, Bank	10 270 000	7 407 000	3 461 000	4 672 000
Total Current Assets	25 406 000	20 070 000	16 893 000	14 506 000
Total Assets	32 719 000	20 388 000	17 287 000	15 036 000
Total Equity	31 012 000	19 452 000	16 808 000	14 575 000
Short-Term Group Debt	1 000 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	14 000	3 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	500 000	500 000	0
Other Current Debt	537 000	36 000	27 000	24 000
Total Current Debt	1 707 000	937 000	479 000	461 000
Total Equity and Debt	32 719 000	20 388 000	17 287 000	15 036 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,28 %	16,16 %	16,26 %	23,66 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	97,85 %	94,98 %	95,9 %	97,84 %
Current Ratio	14,88	21,42	35,27	31,47
Quick Ratio	14,88	21,42	35,27	31,47
Equity Ratio	0,95	0,95	0,97	0,97
Gross Profit Margin	100 %	100 %	100 %	100 %