HELLESUND EIENDOM AS

3772 KRAGERØ

Finances

Share Ownership

Return on Equity

103,3 %

Current Ratio

6,65

Debt-to-Equity Ratio

19,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	65 567 000	44 000	111 000	119 000
Net Income	3 008 000	212 000	−39 000	6 000
Total Assets	67 937 000	33 886 000	23 695 000	2 149 000
Total Equity	2 912 000	1 344 000	1 132 000	1 171 000

Income (NOK)	2022	2021	2020	2019
Revenue	65 567 000	44 000	111 000	119 000
Expenditure	62 051 000	100 000	113 000	109 000
Operating Profit	3 516 000	−56 000	−3 000	9 000
Financial Income	341 000	328 000	32 000	0
Financial Costs	0	0	79 000	2 000
Financial Balance	341 000	328 000	−47 000	−2 000
Earnings Before Tax	3 857 000	271 000	−50 000	8 000
Tax	848 000	60 000	−11 000	2 000
Net Income	3 008 000	212 000	−39 000	6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 126 000	10 774 000	10 460 000	757 000
Total Current Assets	56 811 000	23 112 000	13 234 000	1 392 000
Total Assets	67 937 000	33 886 000	23 695 000	2 149 000
Total Retained Equity	2 612 000	1 044 000	832 000	871 000
Total Equity	2 912 000	1 344 000	1 132 000	1 171 000
Total Long-Term Debt	56 484 000	30 781 000	20 000 000	827 000
Total Current Debt	8 541 000	1 761 000	2 563 000	151 000
Total Equity and Debt	67 937 000	33 886 000	23 695 000	2 149 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	65 494 000	0	0	0
Other Income	73 000	44 000	111 000	119 000
Revenue	65 567 000	44 000	111 000	119 000
Cost of Goods Sold	61 752 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	8 000	4 000
Impairment	0	0	0	0
Expenditure	62 051 000	100 000	113 000	109 000
Operating Profit	3 516 000	−56 000	−3 000	9 000
Financial Income	341 000	328 000	32 000	0
Financial Costs	0	0	79 000	2 000
Financial Balance	341 000	328 000	−47 000	−2 000
Dividends	0	0	0	0
Net Income	3 008 000	212 000	−39 000	6 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	32 000	21 000
Real Eastate	396 000	396 000	396 000	736 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	396 000	396 000	396 000	736 000
Total Fiancial Fixed Assets	10 730 000	10 379 000	10 033 000	0
Total Fixed Assets	11 126 000	10 774 000	10 460 000	757 000
Stock	42 032 000	23 073 000	9 906 000	1 335 000
Total Investments	0	0	0	0
Cash, Bank	123 000	39 000	3 324 000	50 000
Total Current Assets	56 811 000	23 112 000	13 234 000	1 392 000
Total Assets	67 937 000	33 886 000	23 695 000	2 149 000
Total Equity	2 912 000	1 344 000	1 132 000	1 171 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	56 484 000	30 781 000	20 000 000	827 000
Creditors	6 637 000	1 761 000	2 471 000	24 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 846 000	0	92 000	127 000
Total Current Debt	8 541 000	1 761 000	2 563 000	151 000
Total Equity and Debt	67 937 000	33 886 000	23 695 000	2 149 000

Financial indicators	2022	2021	2020	2019
Return on Equity	103,3 %	15,77 %	−3,45 %	0,51 %
Debt-to-Equity Ratio	19,4	22,9	17,67	0,71
Operating Profit Margin	5,36 %	−127,27 %	−2,7 %	7,56 %
Current Ratio	6,65	13,12	5,16	9,22
Quick Ratio	−1,7	−1,08	−1,8	−1,18
Equity Ratio	0,04	0,04	0,05	0,54
Gross Profit Margin	5,82 %	100 %	100 %	100 %