OVE K HELLAND AS

5415 STORD

Finances

Share Ownership

Return on Equity

75,16 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 973 000	2 821 000	2 019 000	481 000
Net Income	121 000	427 000	67 000	−262 000
Total Assets	273 000	589 000	687 000	334 000
Total Equity	161 000	230 000	303 000	236 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 973 000	2 821 000	2 019 000	481 000
Expenditure	1 815 000	2 338 000	1 952 000	741 000
Operating Profit	158 000	483 000	68 000	−260 000
Financial Income	0	0	0	1 000
Financial Costs	0	1 000	1 000	3 000
Financial Balance	0	−1 000	−1 000	−2 000
Earnings Before Tax	158 000	482 000	67 000	−262 000
Tax	36 000	56 000	0	0
Net Income	121 000	427 000	67 000	−262 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	142 000	135 000	34 000	40 000
Total Current Assets	131 000	454 000	654 000	294 000
Total Assets	273 000	589 000	687 000	334 000
Total Retained Equity	131 000	200 000	273 000	206 000
Total Equity	161 000	230 000	303 000	236 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	112 000	359 000	384 000	98 000
Total Equity and Debt	273 000	589 000	687 000	334 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 973 000	2 805 000	2 019 000	444 000
Other Income	0	15 000	0	37 000
Revenue	1 973 000	2 821 000	2 019 000	481 000
Cost of Goods Sold	1 358 000	1 784 000	1 622 000	420 000
Salary Costs	0	0	0	0
Depreciation	38 000	15 000	6 000	1 000
Impairment	0	0	0	0
Expenditure	1 815 000	2 338 000	1 952 000	741 000
Operating Profit	158 000	483 000	68 000	−260 000
Financial Income	0	0	0	1 000
Financial Costs	0	1 000	1 000	3 000
Financial Balance	0	−1 000	−1 000	−2 000
Dividends	0	0	0	400 000
Net Income	121 000	427 000	67 000	−262 000

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	132 000	125 000	23 000	29 000
Total Tangible Assets	132 000	125 000	23 000	29 000
Total Fiancial Fixed Assets	11 000	11 000	11 000	11 000
Total Fixed Assets	142 000	135 000	34 000	40 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	94 000	67 000	199 000	45 000
Total Current Assets	131 000	454 000	654 000	294 000
Total Assets	273 000	589 000	687 000	334 000
Total Equity	161 000	230 000	303 000	236 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 000	298 000	340 000	62 000
Unpaid Taxes	10 000	26 000	54 000	0
Dividends	0	0	0	400 000
Other Current Debt	54 000	−21 000	−10 000	36 000
Total Current Debt	112 000	359 000	384 000	98 000
Total Equity and Debt	273 000	589 000	687 000	334 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,16 %	185,65 %	22,11 %	−111,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,01 %	17,12 %	3,37 %	−54,05 %
Current Ratio	1,17	1,26	1,7	3
Quick Ratio	1,17	1,26	1,7	3
Equity Ratio	0,59	0,39	0,44	0,71
Gross Profit Margin	31,17 %	36,76 %	19,66 %	12,68 %