HELGHEIM VVS AS

3302 HOKKSUND

Finances

Return on Equity

−18,81 %

Current Ratio

0,86

Debt-to-Equity Ratio

3,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 072 000	3 151 000	2 922 000	2 002 000
Net Income	−38 000	66 000	107 000	18 000
Total Assets	1 696 000	1 099 000	756 000	569 000
Total Equity	202 000	239 000	173 000	66 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 072 000	3 151 000	2 922 000	2 002 000
Expenditure	4 087 000	3 061 000	2 764 000	1 971 000
Operating Profit	−15 000	90 000	157 000	31 000
Financial Income	11 000	7 000	1 000	1 000
Financial Costs	33 000	18 000	0	0
Financial Balance	−22 000	−11 000	1 000	1 000
Earnings Before Tax	−38 000	78 000	158 000	31 000
Tax	0	12 000	51 000	14 000
Net Income	−38 000	66 000	107 000	18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 041 000	449 000	55 000	0
Total Current Assets	655 000	650 000	701 000	569 000
Total Assets	1 696 000	1 099 000	756 000	569 000
Total Retained Equity	177 000	215 000	149 000	41 000
Total Equity	202 000	239 000	173 000	66 000
Total Long-Term Debt	736 000	393 000	0	1 000
Total Current Debt	758 000	466 000	583 000	502 000
Total Equity and Debt	1 696 000	1 099 000	756 000	569 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 072 000	3 131 000	2 922 000	2 002 000
Other Income	0	20 000	0	0
Revenue	4 072 000	3 151 000	2 922 000	2 002 000
Cost of Goods Sold	2 007 000	1 231 000	1 268 000	804 000
Salary Costs	1 332 000	1 258 000	998 000	746 000
Depreciation	166 000	66 000	0	0
Impairment	0	0	0	0
Expenditure	4 087 000	3 061 000	2 764 000	1 971 000
Operating Profit	−15 000	90 000	157 000	31 000
Financial Income	11 000	7 000	1 000	1 000
Financial Costs	33 000	18 000	0	0
Financial Balance	−22 000	−11 000	1 000	1 000
Dividends	0	0	0	0
Net Income	−38 000	66 000	107 000	18 000

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	986 000	394 000	0	0
Total Tangible Assets	986 000	394 000	0	0
Total Fiancial Fixed Assets	55 000	55 000	55 000	0
Total Fixed Assets	1 041 000	449 000	55 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	348 000	433 000	496 000	296 000
Total Current Assets	655 000	650 000	701 000	569 000
Total Assets	1 696 000	1 099 000	756 000	569 000
Total Equity	202 000	239 000	173 000	66 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	736 000	393 000	0	1 000
Creditors	353 000	36 000	208 000	255 000
Unpaid Taxes	180 000	181 000	137 000	101 000
Dividends	0	0	0	0
Other Current Debt	225 000	237 000	186 000	133 000
Total Current Debt	758 000	466 000	583 000	502 000
Total Equity and Debt	1 696 000	1 099 000	756 000	569 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,81 %	27,62 %	61,85 %	27,27 %
Debt-to-Equity Ratio	3,64	1,64	0	0,02
Operating Profit Margin	−0,37 %	2,86 %	5,37 %	1,55 %
Current Ratio	0,86	1,39	1,2	1,13
Quick Ratio	0,86	1,39	1,2	1,13
Equity Ratio	0,12	0,22	0,23	0,12
Gross Profit Margin	50,71 %	60,93 %	56,61 %	59,84 %