HELGE STEINNES AS

4085 HUNDVÅG

Finances

Share Ownership

Return on Equity

48,18 %

Current Ratio

3,38

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 112 000	676 000	483 000	2 131 000
Net Income	278 000	112 000	−464 000	356 000
Total Assets	808 000	1 459 000	1 677 000	2 278 000
Total Equity	577 000	299 000	1 187 000	1 650 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 112 000	676 000	483 000	2 131 000
Expenditure	752 000	533 000	1 079 000	1 676 000
Operating Profit	360 000	144 000	−595 000	456 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	0	0	1 000
Financial Balance	0	0	1 000	0
Earnings Before Tax	360 000	144 000	−595 000	457 000
Tax	83 000	32 000	−131 000	101 000
Net Income	278 000	112 000	−464 000	356 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 000	62 000	95 000	129 000
Total Current Assets	780 000	1 397 000	1 581 000	2 149 000
Total Assets	808 000	1 459 000	1 677 000	2 278 000
Total Retained Equity	477 000	199 000	1 087 000	1 550 000
Total Equity	577 000	299 000	1 187 000	1 650 000
Total Long-Term Debt	0	1 000	5 000	7 000
Total Current Debt	231 000	1 159 000	485 000	621 000
Total Equity and Debt	808 000	1 459 000	1 677 000	2 278 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 112 000	576 000	406 000	1 578 000
Other Income	0	101 000	77 000	553 000
Revenue	1 112 000	676 000	483 000	2 131 000
Cost of Goods Sold	127 000	45 000	14 000	417 000
Salary Costs	435 000	336 000	929 000	1 070 000
Depreciation	34 000	34 000	34 000	34 000
Impairment	0	0	0	0
Expenditure	752 000	533 000	1 079 000	1 676 000
Operating Profit	360 000	144 000	−595 000	456 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	0	0	1 000
Financial Balance	0	0	1 000	0
Dividends	0	1 000 000	0	0
Net Income	278 000	112 000	−464 000	356 000

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	28 000	62 000	95 000	129 000
Total Tangible Assets	28 000	62 000	95 000	129 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 000	62 000	95 000	129 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	713 000	1 372 000	1 425 000	2 119 000
Total Current Assets	780 000	1 397 000	1 581 000	2 149 000
Total Assets	808 000	1 459 000	1 677 000	2 278 000
Total Equity	577 000	299 000	1 187 000	1 650 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	5 000	7 000
Creditors	0	6 000	1 000	1 000
Unpaid Taxes	38 000	66 000	206 000	201 000
Dividends	0	1 000 000	0	0
Other Current Debt	110 000	51 000	279 000	318 000
Total Current Debt	231 000	1 159 000	485 000	621 000
Total Equity and Debt	808 000	1 459 000	1 677 000	2 278 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,18 %	37,46 %	−39,09 %	21,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	32,37 %	21,3 %	−123,19 %	21,4 %
Current Ratio	3,38	1,21	3,26	3,46
Quick Ratio	3,38	1,21	3,26	3,46
Equity Ratio	0,71	0,2	0,71	0,72
Gross Profit Margin	88,58 %	93,34 %	97,1 %	80,43 %