HINNØY MASKIN AS

9406 HARSTAD

Finances

Share Ownership

Return on Equity

90,23 %

Current Ratio

0,89

Debt-to-Equity Ratio

−1,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 364 000	3 110 000	3 394 000	3 875 000
Net Income	−120 000	156 000	609 000	270 000
Total Assets	426 000	604 000	554 000	1 775 000
Total Equity	−133 000	−2 469 000	−2 626 000	−3 235 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 364 000	3 110 000	3 394 000	3 875 000
Expenditure	1 479 000	2 950 000	2 779 000	3 559 000
Operating Profit	−115 000	160 000	615 000	317 000
Financial Income	1 000	1 000	23 000	4 000
Financial Costs	7 000	4 000	29 000	51 000
Financial Balance	−6 000	−3 000	−6 000	−47 000
Earnings Before Tax	−120 000	156 000	609 000	270 000
Tax	0	0	0	0
Net Income	−120 000	156 000	609 000	270 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	80 000	159 000	300 000	1 456 000
Total Current Assets	346 000	445 000	254 000	318 000
Total Assets	426 000	604 000	554 000	1 775 000
Total Retained Equity	−237 000	−2 573 000	−2 730 000	−3 339 000
Total Equity	−133 000	−2 469 000	−2 626 000	−3 235 000
Total Long-Term Debt	170 000	2 035 000	1 987 000	4 098 000
Total Current Debt	389 000	1 039 000	1 193 000	912 000
Total Equity and Debt	426 000	604 000	554 000	1 775 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 364 000	3 110 000	2 167 000	3 344 000
Other Income	1 000	0	1 227 000	531 000
Revenue	1 364 000	3 110 000	3 394 000	3 875 000
Cost of Goods Sold	317 000	856 000	639 000	381 000
Salary Costs	280 000	769 000	658 000	1 207 000
Depreciation	30 000	41 000	154 000	224 000
Impairment	0	0	0	0
Expenditure	1 479 000	2 950 000	2 779 000	3 559 000
Operating Profit	−115 000	160 000	615 000	317 000
Financial Income	1 000	1 000	23 000	4 000
Financial Costs	7 000	4 000	29 000	51 000
Financial Balance	−6 000	−3 000	−6 000	−47 000
Dividends	0	0	0	0
Net Income	−120 000	156 000	609 000	270 000

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	64 000	83 000	113 000	957 000
Fixtures	16 000	27 000	38 000	49 000
Total Tangible Assets	80 000	110 000	151 000	1 006 000
Total Fiancial Fixed Assets	0	49 000	149 000	450 000
Total Fixed Assets	80 000	159 000	300 000	1 456 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	113 000	217 000	167 000	127 000
Total Current Assets	346 000	445 000	254 000	318 000
Total Assets	426 000	604 000	554 000	1 775 000
Total Equity	−133 000	−2 469 000	−2 626 000	−3 235 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	170 000	2 035 000	1 987 000	4 098 000
Creditors	133 000	179 000	455 000	103 000
Unpaid Taxes	36 000	373 000	343 000	14 000
Dividends	0	0	0	0
Other Current Debt	220 000	486 000	395 000	795 000
Total Current Debt	389 000	1 039 000	1 193 000	912 000
Total Equity and Debt	426 000	604 000	554 000	1 775 000

Financial indicators	2022	2021	2020	2019
Return on Equity	90,23 %	−6,32 %	−23,19 %	−8,35 %
Debt-to-Equity Ratio	−1,28	−0,82	−0,76	−1,27
Operating Profit Margin	−8,43 %	5,14 %	18,12 %	8,18 %
Current Ratio	0,89	0,43	0,21	0,35
Quick Ratio	0,89	0,43	0,21	0,35
Equity Ratio	−0,31	−4,09	−4,74	−1,82
Gross Profit Margin	76,76 %	72,48 %	81,17 %	90,17 %