HELMINSEN AS

1624 GRESSVIK

Finances

Share Ownership

Return on Equity

14,2 %

Current Ratio

1,47

Debt-to-Equity Ratio

1,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 446 000	10 678 000	5 812 000	5 102 000
Net Income	456 000	749 000	336 000	442 000
Total Assets	9 217 000	7 507 000	5 008 000	4 573 000
Total Equity	3 211 000	2 755 000	2 106 000	1 770 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 446 000	10 678 000	5 812 000	5 102 000
Expenditure	13 715 000	9 640 000	5 334 000	4 481 000
Operating Profit	730 000	1 039 000	477 000	621 000
Financial Income	0	0	0	0
Financial Costs	140 000	74 000	46 000	53 000
Financial Balance	−140 000	−74 000	−46 000	−53 000
Earnings Before Tax	590 000	965 000	432 000	568 000
Tax	134 000	216 000	96 000	125 000
Net Income	456 000	749 000	336 000	442 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 648 000	5 550 000	3 294 000	2 951 000
Total Current Assets	3 569 000	1 957 000	1 713 000	1 622 000
Total Assets	9 217 000	7 507 000	5 008 000	4 573 000
Total Retained Equity	3 191 000	2 735 000	2 086 000	1 750 000
Total Equity	3 211 000	2 755 000	2 106 000	1 770 000
Total Long-Term Debt	3 576 000	3 437 000	1 716 000	1 596 000
Total Current Debt	2 430 000	1 315 000	1 186 000	1 207 000
Total Equity and Debt	9 217 000	7 507 000	5 008 000	4 573 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 446 000	10 346 000	5 810 000	5 102 000
Other Income	0	333 000	2 000	0
Revenue	14 446 000	10 678 000	5 812 000	5 102 000
Cost of Goods Sold	5 937 000	4 333 000	1 870 000	1 367 000
Salary Costs	4 307 000	2 854 000	1 768 000	1 792 000
Depreciation	1 055 000	834 000	505 000	436 000
Impairment	0	0	0	0
Expenditure	13 715 000	9 640 000	5 334 000	4 481 000
Operating Profit	730 000	1 039 000	477 000	621 000
Financial Income	0	0	0	0
Financial Costs	140 000	74 000	46 000	53 000
Financial Balance	−140 000	−74 000	−46 000	−53 000
Dividends	0	100 000	0	0
Net Income	456 000	749 000	336 000	442 000

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	4 540 000	3 051 000	2 733 000
Fixtures	5 648 000	1 010 000	243 000	218 000
Total Tangible Assets	5 648 000	5 550 000	3 294 000	2 951 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 648 000	5 550 000	3 294 000	2 951 000
Stock	220 000	67 000	66 000	0
Total Investments	0	0	0	0
Cash, Bank	1 127 000	724 000	636 000	508 000
Total Current Assets	3 569 000	1 957 000	1 713 000	1 622 000
Total Assets	9 217 000	7 507 000	5 008 000	4 573 000
Total Equity	3 211 000	2 755 000	2 106 000	1 770 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 576 000	3 437 000	1 716 000	1 596 000
Creditors	971 000	426 000	352 000	103 000
Unpaid Taxes	870 000	325 000	395 000	410 000
Dividends	0	100 000	0	0
Other Current Debt	463 000	370 000	360 000	586 000
Total Current Debt	2 430 000	1 315 000	1 186 000	1 207 000
Total Equity and Debt	9 217 000	7 507 000	5 008 000	4 573 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,2 %	27,19 %	15,95 %	24,97 %
Debt-to-Equity Ratio	1,11	1,25	0,81	0,9
Operating Profit Margin	5,05 %	9,73 %	8,21 %	12,17 %
Current Ratio	1,47	1,49	1,44	1,34
Quick Ratio	1,61	1,57	1,53	1,34
Equity Ratio	0,35	0,37	0,42	0,39
Gross Profit Margin	58,9 %	59,42 %	67,83 %	73,21 %