ØVRE HOEN MASKIN AS

3302 HOKKSUND

Finances

Share Ownership

Return on Equity

11,71 %

Current Ratio

2,72

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 006 000	1 886 000	2 485 000	1 858 000
Net Income	243 000	345 000	851 000	552 000
Total Assets	2 702 000	2 396 000	2 603 000	2 673 000
Total Equity	2 076 000	1 833 000	1 487 000	636 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 006 000	1 886 000	2 485 000	1 858 000
Expenditure	1 694 000	1 435 000	1 382 000	1 136 000
Operating Profit	313 000	450 000	1 104 000	722 000
Financial Income	3 000	3 000	3 000	3 000
Financial Costs	4 000	10 000	15 000	20 000
Financial Balance	−1 000	−7 000	−12 000	−17 000
Earnings Before Tax	312 000	443 000	1 091 000	705 000
Tax	69 000	97 000	240 000	153 000
Net Income	243 000	345 000	851 000	552 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 244 000	1 716 000	1 963 000	1 957 000
Total Current Assets	1 459 000	680 000	640 000	715 000
Total Assets	2 702 000	2 396 000	2 603 000	2 673 000
Total Retained Equity	2 046 000	1 803 000	1 457 000	606 000
Total Equity	2 076 000	1 833 000	1 487 000	636 000
Total Long-Term Debt	89 000	125 000	136 000	146 000
Total Current Debt	537 000	438 000	981 000	1 891 000
Total Equity and Debt	2 702 000	2 396 000	2 603 000	2 673 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 943 000	1 886 000	2 036 000	1 858 000
Other Income	63 000	0	449 000	0
Revenue	2 006 000	1 886 000	2 485 000	1 858 000
Cost of Goods Sold	214 000	144 000	132 000	83 000
Salary Costs	319 000	251 000	282 000	233 000
Depreciation	401 000	379 000	296 000	155 000
Impairment	0	0	0	0
Expenditure	1 694 000	1 435 000	1 382 000	1 136 000
Operating Profit	313 000	450 000	1 104 000	722 000
Financial Income	3 000	3 000	3 000	3 000
Financial Costs	4 000	10 000	15 000	20 000
Financial Balance	−1 000	−7 000	−12 000	−17 000
Dividends	0	0	0	500 000
Net Income	243 000	345 000	851 000	552 000

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	1 031 000	1 529 000	1 511 000	1 342 000
Total Tangible Assets	1 031 000	1 529 000	1 511 000	1 342 000
Total Fiancial Fixed Assets	212 000	187 000	453 000	616 000
Total Fixed Assets	1 244 000	1 716 000	1 963 000	1 957 000
Stock	42 000	50 000	5 000	5 000
Total Investments	0	0	0	0
Cash, Bank	654 000	154 000	126 000	0
Total Current Assets	1 459 000	680 000	640 000	715 000
Total Assets	2 702 000	2 396 000	2 603 000	2 673 000
Total Equity	2 076 000	1 833 000	1 487 000	636 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	89 000	125 000	136 000	146 000
Creditors	283 000	184 000	576 000	1 166 000
Unpaid Taxes	100 000	121 000	181 000	12 000
Dividends	0	0	0	500 000
Other Current Debt	49 000	25 000	69 000	628 000
Total Current Debt	537 000	438 000	981 000	1 891 000
Total Equity and Debt	2 702 000	2 396 000	2 603 000	2 673 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,71 %	18,82 %	57,23 %	86,79 %
Debt-to-Equity Ratio	0,04	0,07	0,09	0,23
Operating Profit Margin	15,6 %	23,86 %	44,43 %	38,86 %
Current Ratio	2,72	1,55	0,65	0,38
Quick Ratio	2,95	1,75	0,66	0,38
Equity Ratio	0,77	0,77	0,57	0,24
Gross Profit Margin	89,33 %	92,36 %	94,69 %	95,53 %