PER OLAV HELGELAND AS

3260 LARVIK

Finances

Return on Equity

6,52 %

Current Ratio

10,84

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 197 000	2 544 000	2 924 000	2 500 000
Net Income	691 000	929 000	109 000	1 359 000
Total Assets	11 380 000	11 392 000	11 048 000	11 644 000
Total Equity	10 592 000	9 901 000	8 971 000	8 862 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 197 000	2 544 000	2 924 000	2 500 000
Expenditure	1 392 000	1 365 000	1 679 000	1 502 000
Operating Profit	805 000	1 180 000	1 246 000	997 000
Financial Income	66 000	10 000	0	638 000
Financial Costs	0	0	865 000	61 000
Financial Balance	66 000	10 000	−865 000	577 000
Earnings Before Tax	870 000	1 189 000	381 000	1 575 000
Tax	179 000	259 000	272 000	216 000
Net Income	691 000	929 000	109 000	1 359 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 174 000	7 174 000	7 144 000	8 152 000
Total Current Assets	4 205 000	4 217 000	3 904 000	3 493 000
Total Assets	11 380 000	11 392 000	11 048 000	11 644 000
Total Retained Equity	10 540 000	9 849 000	8 919 000	8 810 000
Total Equity	10 592 000	9 901 000	8 971 000	8 862 000
Total Long-Term Debt	400 000	1 000 000	1 463 000	2 343 000
Total Current Debt	388 000	491 000	614 000	440 000
Total Equity and Debt	11 380 000	11 392 000	11 048 000	11 644 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 137 000	2 484 000	2 837 000	2 440 000
Other Income	60 000	60 000	87 000	60 000
Revenue	2 197 000	2 544 000	2 924 000	2 500 000
Cost of Goods Sold	0	0	0	0
Salary Costs	732 000	649 000	602 000	682 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 392 000	1 365 000	1 679 000	1 502 000
Operating Profit	805 000	1 180 000	1 246 000	997 000
Financial Income	66 000	10 000	0	638 000
Financial Costs	0	0	865 000	61 000
Financial Balance	66 000	10 000	−865 000	577 000
Dividends	0	0	0	0
Net Income	691 000	929 000	109 000	1 359 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 174 000	7 174 000	7 144 000	7 144 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 174 000	7 174 000	7 144 000	7 144 000
Total Fiancial Fixed Assets	0	0	0	1 007 000
Total Fixed Assets	7 174 000	7 174 000	7 144 000	8 152 000
Stock	0	0	0	0
Total Investments	1 516 000	1 448 000	1 257 000	2 712 000
Cash, Bank	391 000	818 000	389 000	536 000
Total Current Assets	4 205 000	4 217 000	3 904 000	3 493 000
Total Assets	11 380 000	11 392 000	11 048 000	11 644 000
Total Equity	10 592 000	9 901 000	8 971 000	8 862 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	400 000	1 000 000	1 463 000	2 343 000
Creditors	4 000	28 000	161 000	41 000
Unpaid Taxes	136 000	141 000	127 000	121 000
Dividends	0	0	0	0
Other Current Debt	71 000	63 000	54 000	63 000
Total Current Debt	388 000	491 000	614 000	440 000
Total Equity and Debt	11 380 000	11 392 000	11 048 000	11 644 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,52 %	9,38 %	1,22 %	15,34 %
Debt-to-Equity Ratio	0,04	0,1	0,16	0,26
Operating Profit Margin	36,64 %	46,38 %	42,61 %	39,88 %
Current Ratio	10,84	8,59	6,36	7,94
Quick Ratio	10,84	8,59	6,36	7,94
Equity Ratio	0,93	0,87	0,81	0,76
Gross Profit Margin	100 %	100 %	100 %	100 %