HM GROUP AS

4515 MANDAL

Finances

Return on Equity

31,64 %

Current Ratio

1,45

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 113 000	24 962 000	18 478 000	21 671 000
Net Income	1 336 000	1 650 000	−337 000	580 000
Total Assets	13 468 000	12 860 000	11 642 000	10 329 000
Total Equity	4 223 000	3 387 000	1 737 000	2 074 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 113 000	24 962 000	18 478 000	21 671 000
Expenditure	33 155 000	22 748 000	18 575 000	20 777 000
Operating Profit	1 958 000	2 213 000	−98 000	894 000
Financial Income	37 000	40 000	30 000	2 000
Financial Costs	232 000	201 000	269 000	144 000
Financial Balance	−195 000	−161 000	−239 000	−142 000
Earnings Before Tax	1 762 000	2 052 000	−337 000	752 000
Tax	426 000	402 000	0	172 000
Net Income	1 336 000	1 650 000	−337 000	580 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 255 000	4 453 000	4 531 000	4 413 000
Total Current Assets	11 212 000	8 407 000	7 111 000	5 916 000
Total Assets	13 468 000	12 860 000	11 642 000	10 329 000
Total Retained Equity	4 073 000	3 237 000	1 587 000	1 924 000
Total Equity	4 223 000	3 387 000	1 737 000	2 074 000
Total Long-Term Debt	1 504 000	3 106 000	3 281 000	3 553 000
Total Current Debt	7 741 000	6 367 000	6 623 000	4 703 000
Total Equity and Debt	13 468 000	12 860 000	11 642 000	10 329 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 822 000	25 095 000	18 598 000	21 602 000
Other Income	1 290 000	−133 000	−120 000	69 000
Revenue	35 113 000	24 962 000	18 478 000	21 671 000
Cost of Goods Sold	10 130 000	1 624 000	2 100 000	2 072 000
Salary Costs	17 946 000	17 310 000	12 650 000	14 938 000
Depreciation	202 000	39 000	65 000	77 000
Impairment	0	0	0	0
Expenditure	33 155 000	22 748 000	18 575 000	20 777 000
Operating Profit	1 958 000	2 213 000	−98 000	894 000
Financial Income	37 000	40 000	30 000	2 000
Financial Costs	232 000	201 000	269 000	144 000
Financial Balance	−195 000	−161 000	−239 000	−142 000
Dividends	500 000	0	0	358 000
Net Income	1 336 000	1 650 000	−337 000	580 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 000	4 121 000	4 128 000	4 136 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 788 000	32 000	48 000	172 000
Total Tangible Assets	1 800 000	4 153 000	4 177 000	4 308 000
Total Fiancial Fixed Assets	455 000	300 000	354 000	105 000
Total Fixed Assets	2 255 000	4 453 000	4 531 000	4 413 000
Stock	0	120 000	120 000	120 000
Total Investments	3 000	14 000	25 000	0
Cash, Bank	2 496 000	2 120 000	738 000	596 000
Total Current Assets	11 212 000	8 407 000	7 111 000	5 916 000
Total Assets	13 468 000	12 860 000	11 642 000	10 329 000
Total Equity	4 223 000	3 387 000	1 737 000	2 074 000
Short-Term Group Debt	0	0	25 000	0
Total Long-Term Debt	1 504 000	3 106 000	3 281 000	3 553 000
Creditors	2 397 000	513 000	515 000	337 000
Unpaid Taxes	1 751 000	2 648 000	2 082 000	1 439 000
Dividends	500 000	0	0	358 000
Other Current Debt	3 166 000	2 752 000	2 211 000	2 272 000
Total Current Debt	7 741 000	6 367 000	6 623 000	4 703 000
Total Equity and Debt	13 468 000	12 860 000	11 642 000	10 329 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,64 %	48,72 %	−19,4 %	27,97 %
Debt-to-Equity Ratio	0,36	0,92	1,89	1,71
Operating Profit Margin	5,58 %	8,87 %	−0,53 %	4,13 %
Current Ratio	1,45	1,32	1,07	1,26
Quick Ratio	1,45	1,35	1,09	1,29
Equity Ratio	0,31	0,26	0,15	0,2
Gross Profit Margin	71,15 %	93,49 %	88,64 %	90,44 %