HELGEMO RØRTEKNIKK AS

7031 TRONDHEIM

Finances

Share Ownership

Return on Equity

288,91 %

Current Ratio

1,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 467 000	6 901 000	5 221 000	9 524 000
Net Income	7 266 000	903 000	−683 000	142 000
Total Assets	14 506 000	3 820 000	2 658 000	3 700 000
Total Equity	2 515 000	649 000	−254 000	429 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 467 000	6 901 000	5 221 000	9 524 000
Expenditure	11 148 000	5 755 000	6 089 000	9 341 000
Operating Profit	9 320 000	1 146 000	−869 000	182 000
Financial Income	0	15 000	2 000	8 000
Financial Costs	5 000	3 000	10 000	8 000
Financial Balance	−5 000	12 000	−8 000	0
Earnings Before Tax	9 316 000	1 158 000	−876 000	183 000
Tax	2 049 000	255 000	−193 000	41 000
Net Income	7 266 000	903 000	−683 000	142 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	196 000	1 558 000	358 000	196 000
Total Current Assets	14 310 000	2 262 000	2 299 000	3 504 000
Total Assets	14 506 000	3 820 000	2 658 000	3 700 000
Total Retained Equity	2 415 000	549 000	−354 000	329 000
Total Equity	2 515 000	649 000	−254 000	429 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 991 000	3 171 000	2 912 000	3 271 000
Total Equity and Debt	14 506 000	3 820 000	2 658 000	3 700 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 838 000	6 881 000	5 203 000	9 521 000
Other Income	−2 371 000	20 000	18 000	3 000
Revenue	20 467 000	6 901 000	5 221 000	9 524 000
Cost of Goods Sold	5 956 000	2 013 000	2 740 000	3 701 000
Salary Costs	4 240 000	2 723 000	2 411 000	4 461 000
Depreciation	12 000	12 000	79 000	89 000
Impairment	0	0	0	0
Expenditure	11 148 000	5 755 000	6 089 000	9 341 000
Operating Profit	9 320 000	1 146 000	−869 000	182 000
Financial Income	0	15 000	2 000	8 000
Financial Costs	5 000	3 000	10 000	8 000
Financial Balance	−5 000	12 000	−8 000	0
Dividends	5 000 000	0	0	0
Net Income	7 266 000	903 000	−683 000	142 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	74 000	272 000	79 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	156 000	69 000	82 000	102 000
Total Tangible Assets	156 000	69 000	82 000	102 000
Total Fiancial Fixed Assets	11 000	1 415 000	5 000	15 000
Total Fixed Assets	196 000	1 558 000	358 000	196 000
Stock	0	14 000	22 000	19 000
Total Investments	0	0	0	0
Cash, Bank	10 423 000	928 000	326 000	2 224 000
Total Current Assets	14 310 000	2 262 000	2 299 000	3 504 000
Total Assets	14 506 000	3 820 000	2 658 000	3 700 000
Total Equity	2 515 000	649 000	−254 000	429 000
Short-Term Group Debt	0	1 817 000	1 817 000	1 817 000
Total Long-Term Debt	0	0	0	0
Creditors	1 173 000	221 000	183 000	234 000
Unpaid Taxes	666 000	437 000	381 000	512 000
Dividends	5 000 000	0	0	0
Other Current Debt	3 148 000	639 000	531 000	707 000
Total Current Debt	11 991 000	3 171 000	2 912 000	3 271 000
Total Equity and Debt	14 506 000	3 820 000	2 658 000	3 700 000

Financial indicators	2022	2021	2020	2019
Return on Equity	288,91 %	139,14 %	268,9 %	33,1 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	45,54 %	16,61 %	−16,64 %	1,91 %
Current Ratio	1,19	0,71	0,79	1,07
Quick Ratio	1,19	0,72	0,8	1,08
Equity Ratio	0,17	0,17	−0,1	0,12
Gross Profit Margin	70,9 %	70,83 %	47,52 %	61,14 %