HELSELABEN AS

3560 HEMSEDAL

Finances

Share Ownership

Return on Equity

−71,75 %

Current Ratio

1,41

Debt-to-Equity Ratio

−1,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 752 000	1 969 000	2 418 000	2 481 000
Net Income	160 000	−380 000	−67 000	25 000
Total Assets	486 000	479 000	662 000	986 000
Total Equity	−223 000	−384 000	−4 000	64 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 752 000	1 969 000	2 418 000	2 481 000
Expenditure	1 590 000	2 345 000	2 508 000	2 453 000
Operating Profit	162 000	−376 000	−90 000	27 000
Financial Income	0	1 000	3 000	0
Financial Costs	2 000	5 000	4 000	2 000
Financial Balance	−2 000	−4 000	−1 000	−2 000
Earnings Before Tax	160 000	−380 000	−91 000	25 000
Tax	0	0	−24 000	0
Net Income	160 000	−380 000	−67 000	25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 000	136 000	121 000	121 000
Total Current Assets	451 000	343 000	542 000	866 000
Total Assets	486 000	479 000	662 000	986 000
Total Retained Equity	−293 000	−454 000	−74 000	−6 000
Total Equity	−223 000	−384 000	−4 000	64 000
Total Long-Term Debt	390 000	410 000	106 000	252 000
Total Current Debt	319 000	453 000	560 000	671 000
Total Equity and Debt	486 000	479 000	662 000	986 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 752 000	1 780 000	1 736 000	2 091 000
Other Income	0	189 000	682 000	389 000
Revenue	1 752 000	1 969 000	2 418 000	2 481 000
Cost of Goods Sold	480 000	578 000	377 000	615 000
Salary Costs	83 000	438 000	276 000	484 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 590 000	2 345 000	2 508 000	2 453 000
Operating Profit	162 000	−376 000	−90 000	27 000
Financial Income	0	1 000	3 000	0
Financial Costs	2 000	5 000	4 000	2 000
Financial Balance	−2 000	−4 000	−1 000	−2 000
Dividends	0	0	0	0
Net Income	160 000	−380 000	−67 000	25 000

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	35 000	136 000	121 000	121 000
Total Fixed Assets	35 000	136 000	121 000	121 000
Stock	8 000	8 000	24 000	24 000
Total Investments	0	0	0	0
Cash, Bank	473 000	354 000	375 000	908 000
Total Current Assets	451 000	343 000	542 000	866 000
Total Assets	486 000	479 000	662 000	986 000
Total Equity	−223 000	−384 000	−4 000	64 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	390 000	410 000	106 000	252 000
Creditors	144 000	233 000	13 000	253 000
Unpaid Taxes	3 000	24 000	13 000	102 000
Dividends	0	0	0	0
Other Current Debt	171 000	196 000	533 000	316 000
Total Current Debt	319 000	453 000	560 000	671 000
Total Equity and Debt	486 000	479 000	662 000	986 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−71,75 %	98,96 %	1 675 %	39,06 %
Debt-to-Equity Ratio	−1,75	−1,07	−26,5	3,94
Operating Profit Margin	9,25 %	−19,1 %	−3,72 %	1,09 %
Current Ratio	1,41	0,76	0,97	1,29
Quick Ratio	1,45	0,77	1,01	1,34
Equity Ratio	−0,46	−0,8	−0,01	0,06
Gross Profit Margin	72,6 %	70,64 %	84,41 %	75,21 %