HELLE ENGINEERING AS

6982 HOLMEDAL

Finances

Return on Equity

32,54 %

Current Ratio

3,71

Debt-to-Equity Ratio

0,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 071 000	1 031 000	950 000	927 000
Net Income	164 000	151 000	114 000	85 000
Total Assets	1 233 000	1 128 000	1 242 000	1 164 000
Total Equity	504 000	495 000	519 000	489 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 071 000	1 031 000	950 000	927 000
Expenditure	860 000	831 000	802 000	816 000
Operating Profit	210 000	200 000	148 000	111 000
Financial Income	21 000	12 000	18 000	15 000
Financial Costs	21 000	17 000	20 000	17 000
Financial Balance	0	−5 000	−2 000	−2 000
Earnings Before Tax	211 000	194 000	147 000	108 000
Tax	46 000	43 000	32 000	24 000
Net Income	164 000	151 000	114 000	85 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	15 000	205 000	145 000
Total Current Assets	1 218 000	1 113 000	1 037 000	1 019 000
Total Assets	1 233 000	1 128 000	1 242 000	1 164 000
Total Retained Equity	474 000	465 000	489 000	459 000
Total Equity	504 000	495 000	519 000	489 000
Total Long-Term Debt	401 000	428 000	454 000	480 000
Total Current Debt	328 000	205 000	269 000	195 000
Total Equity and Debt	1 233 000	1 128 000	1 242 000	1 164 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 071 000	1 031 000	950 000	927 000
Other Income	0	0	0	0
Revenue	1 071 000	1 031 000	950 000	927 000
Cost of Goods Sold	0	0	0	8 000
Salary Costs	756 000	752 000	679 000	661 000
Depreciation	0	0	0	14 000
Impairment	0	0	0	0
Expenditure	860 000	831 000	802 000	816 000
Operating Profit	210 000	200 000	148 000	111 000
Financial Income	21 000	12 000	18 000	15 000
Financial Costs	21 000	17 000	20 000	17 000
Financial Balance	0	−5 000	−2 000	−2 000
Dividends	156 000	175 000	85 000	0
Net Income	164 000	151 000	114 000	85 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	15 000	15 000	205 000	145 000
Total Fixed Assets	15 000	15 000	205 000	145 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	170 000	307 000	223 000	288 000
Total Current Assets	1 218 000	1 113 000	1 037 000	1 019 000
Total Assets	1 233 000	1 128 000	1 242 000	1 164 000
Total Equity	504 000	495 000	519 000	489 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	401 000	428 000	454 000	480 000
Creditors	19 000	2 000	5 000	13 000
Unpaid Taxes	84 000	83 000	73 000	80 000
Dividends	156 000	175 000	85 000	0
Other Current Debt	179 000	76 000	73 000	77 000
Total Current Debt	328 000	205 000	269 000	195 000
Total Equity and Debt	1 233 000	1 128 000	1 242 000	1 164 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,54 %	30,51 %	21,97 %	17,38 %
Debt-to-Equity Ratio	0,8	0,86	0,87	0,98
Operating Profit Margin	19,61 %	19,4 %	15,58 %	11,97 %
Current Ratio	3,71	5,43	3,86	5,23
Quick Ratio	3,71	5,43	3,86	5,23
Equity Ratio	0,41	0,44	0,42	0,42
Gross Profit Margin	100 %	100 %	100 %	99,14 %