HARDANGER MASKIN AS

5778 UTNE

Finances

Return on Equity

12,74 %

Current Ratio

0,5

Debt-to-Equity Ratio

2,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	75 898 000	92 403 000	99 420 000	86 772 000
Net Income	1 876 000	−3 811 000	6 256 000	2 440 000
Total Assets	77 149 000	80 836 000	84 309 000	70 071 000
Total Equity	14 731 000	12 855 000	16 866 000	9 493 000

Income (NOK)	2022	2021	2020	2019
Revenue	75 898 000	92 403 000	99 420 000	86 772 000
Expenditure	71 613 000	96 662 000	89 304 000	83 866 000
Operating Profit	4 286 000	−4 260 000	10 117 000	2 907 000
Financial Income	133 000	648 000	4 049 000	572 000
Financial Costs	2 011 000	1 273 000	6 145 000	349 000
Financial Balance	−1 878 000	−625 000	−2 096 000	223 000
Earnings Before Tax	2 407 000	−4 885 000	8 020 000	3 130 000
Tax	531 000	−1 074 000	1 765 000	690 000
Net Income	1 876 000	−3 811 000	6 256 000	2 440 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	67 189 000	70 571 000	68 002 000	51 238 000
Total Current Assets	9 960 000	10 265 000	16 307 000	18 832 000
Total Assets	77 149 000	80 836 000	84 309 000	70 071 000
Total Retained Equity	13 474 000	11 598 000	15 609 000	8 236 000
Total Equity	14 731 000	12 855 000	16 866 000	9 493 000
Total Long-Term Debt	42 642 000	37 302 000	28 226 000	16 462 000
Total Current Debt	19 776 000	30 679 000	39 217 000	44 116 000
Total Equity and Debt	77 149 000	80 836 000	84 309 000	70 071 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	75 048 000	92 137 000	99 193 000	86 772 000
Other Income	850 000	266 000	227 000	0
Revenue	75 898 000	92 403 000	99 420 000	86 772 000
Cost of Goods Sold	20 849 000	43 379 000	35 216 000	50 218 000
Salary Costs	25 714 000	26 797 000	28 320 000	16 693 000
Depreciation	9 469 000	9 715 000	7 390 000	3 292 000
Impairment	0	0	0	0
Expenditure	71 613 000	96 662 000	89 304 000	83 866 000
Operating Profit	4 286 000	−4 260 000	10 117 000	2 907 000
Financial Income	133 000	648 000	4 049 000	572 000
Financial Costs	2 011 000	1 273 000	6 145 000	349 000
Financial Balance	−1 878 000	−625 000	−2 096 000	223 000
Dividends	0	0	0	0
Net Income	1 876 000	−3 811 000	6 256 000	2 440 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	76 000	81 000	87 000	92 000
Machinery and Plant Facilities	62 715 000	66 938 000	64 559 000	47 513 000
Fixtures	916 000	1 053 000	1 191 000	1 037 000
Total Tangible Assets	63 707 000	68 072 000	65 857 000	48 671 000
Total Fiancial Fixed Assets	3 482 000	2 498 000	2 145 000	2 568 000
Total Fixed Assets	67 189 000	70 571 000	68 002 000	51 238 000
Stock	4 100 000	2 475 000	1 757 000	1 632 000
Total Investments	0	0	0	0
Cash, Bank	1 035 000	3 999 000	2 522 000	3 860 000
Total Current Assets	9 960 000	10 265 000	16 307 000	18 832 000
Total Assets	77 149 000	80 836 000	84 309 000	70 071 000
Total Equity	14 731 000	12 855 000	16 866 000	9 493 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	42 642 000	37 302 000	28 226 000	16 462 000
Creditors	7 722 000	6 415 000	12 030 000	13 048 000
Unpaid Taxes	3 015 000	1 618 000	4 939 000	6 559 000
Dividends	0	0	0	0
Other Current Debt	5 777 000	22 646 000	22 247 000	24 082 000
Total Current Debt	19 776 000	30 679 000	39 217 000	44 116 000
Total Equity and Debt	77 149 000	80 836 000	84 309 000	70 071 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,74 %	−29,65 %	37,09 %	25,7 %
Debt-to-Equity Ratio	2,89	2,9	1,67	1,73
Operating Profit Margin	5,65 %	−4,61 %	10,18 %	3,35 %
Current Ratio	0,5	0,33	0,42	0,43
Quick Ratio	0,64	0,36	0,44	0,44
Equity Ratio	0,19	0,16	0,2	0,14
Gross Profit Margin	72,53 %	53,05 %	64,58 %	42,13 %