J. HELSTAD AS

0786 OSLO

Finances

Return on Equity

9,75 %

Current Ratio

24,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 120 000	969 000	1 413 000	1 009 000
Net Income	770 000	−156 000	505 000	−606 000
Total Assets	8 228 000	7 519 000	7 045 000	6 116 000
Total Equity	7 896 000	6 728 000	6 539 000	6 034 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 120 000	969 000	1 413 000	1 009 000
Expenditure	850 000	1 071 000	815 000	1 086 000
Operating Profit	271 000	−102 000	598 000	−77 000
Financial Income	499 000	0	0	0
Financial Costs	0	−135 000	−2 000	424 000
Financial Balance	499 000	135 000	2 000	−424 000
Earnings Before Tax	770 000	33 000	600 000	−501 000
Tax	0	188 000	95 000	58 000
Net Income	770 000	−156 000	505 000	−606 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	70 000	10 000	10 000	10 000
Total Current Assets	8 159 000	7 509 000	7 035 000	6 106 000
Total Assets	8 228 000	7 519 000	7 045 000	6 116 000
Total Retained Equity	7 794 000	6 627 000	6 438 000	5 933 000
Total Equity	7 896 000	6 728 000	6 539 000	6 034 000
Total Long-Term Debt	0	0	1 000	1 000
Total Current Debt	332 000	393 000	161 000	82 000
Total Equity and Debt	8 228 000	7 122 000	6 701 000	6 116 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 120 000	969 000	1 413 000	1 009 000
Other Income	0	0	0	0
Revenue	1 120 000	969 000	1 413 000	1 009 000
Cost of Goods Sold	205 000	167 000	198 000	207 000
Salary Costs	466 000	791 000	491 000	750 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	850 000	1 071 000	815 000	1 086 000
Operating Profit	271 000	−102 000	598 000	−77 000
Financial Income	499 000	0	0	0
Financial Costs	0	−135 000	−2 000	424 000
Financial Balance	499 000	135 000	2 000	−424 000
Dividends	0	0	0	0
Net Income	770 000	−156 000	505 000	−606 000

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	70 000	10 000	10 000	10 000
Fixtures	0	0	0	0
Total Tangible Assets	70 000	10 000	10 000	10 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	70 000	10 000	10 000	10 000
Stock	0	0	0	0
Total Investments	5 801 000	6 636 000	6 323 000	5 836 000
Cash, Bank	2 708 000	1 223 000	1 034 000	242 000
Total Current Assets	8 159 000	7 509 000	7 035 000	6 106 000
Total Assets	8 228 000	7 519 000	7 045 000	6 116 000
Total Equity	7 896 000	6 728 000	6 539 000	6 034 000
Short-Term Group Debt	108 000	64 000	40 000	66 000
Total Long-Term Debt	0	0	1 000	1 000
Creditors	−1 000	0	0	0
Unpaid Taxes	58 000	61 000	128 000	74 000
Dividends	0	0	0	0
Other Current Debt	370 000	184 000	−92 000	−58 000
Total Current Debt	332 000	393 000	161 000	82 000
Total Equity and Debt	8 228 000	7 122 000	6 701 000	6 116 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,75 %	−2,32 %	7,72 %	−10,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	24,2 %	−10,53 %	42,32 %	−7,63 %
Current Ratio	24,58	19,11	43,7	74,46
Quick Ratio	24,58	19,11	43,7	74,46
Equity Ratio	0,96	0,89	0,93	0,99
Gross Profit Margin	81,7 %	82,77 %	85,99 %	79,48 %