FRANK HELLAND AS

5252 SØREIDGREND

Finances

Return on Equity

80,3 %

Current Ratio

11,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 244 000	1 703 000	1 530 000	1 713 000
Net Income	5 849 000	1 574 000	483 000	495 000
Total Assets	7 808 000	3 560 000	1 756 000	1 601 000
Total Equity	7 284 000	2 435 000	1 211 000	1 028 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 244 000	1 703 000	1 530 000	1 713 000
Expenditure	1 088 000	1 081 000	1 075 000	1 117 000
Operating Profit	1 155 000	622 000	455 000	596 000
Financial Income	4 979 000	1 101 000	129 000	30 000
Financial Costs	21 000	6 000	0	0
Financial Balance	4 958 000	1 095 000	129 000	30 000
Earnings Before Tax	6 114 000	1 717 000	584 000	626 000
Tax	265 000	143 000	101 000	131 000
Net Income	5 849 000	1 574 000	483 000	495 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 651 000	2 797 000	769 000	774 000
Total Current Assets	6 157 000	763 000	987 000	826 000
Total Assets	7 808 000	3 560 000	1 756 000	1 601 000
Total Retained Equity	7 184 000	2 335 000	1 111 000	928 000
Total Equity	7 284 000	2 435 000	1 211 000	1 028 000
Total Long-Term Debt	0	538 000	1 000	2 000
Total Current Debt	524 000	587 000	545 000	571 000
Total Equity and Debt	7 808 000	3 560 000	1 756 000	1 601 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 244 000	1 703 000	1 530 000	1 713 000
Other Income	0	0	0	0
Revenue	2 244 000	1 703 000	1 530 000	1 713 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 040 000	1 053 000	1 035 000	1 055 000
Depreciation	0	4 000	5 000	5 000
Impairment	0	0	0	0
Expenditure	1 088 000	1 081 000	1 075 000	1 117 000
Operating Profit	1 155 000	622 000	455 000	596 000
Financial Income	4 979 000	1 101 000	129 000	30 000
Financial Costs	21 000	6 000	0	0
Financial Balance	4 958 000	1 095 000	129 000	30 000
Dividends	1 000 000	0	200 000	200 000
Net Income	5 849 000	1 574 000	483 000	495 000

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	4 000	9 000
Total Tangible Assets	0	0	4 000	9 000
Total Fiancial Fixed Assets	1 651 000	2 797 000	765 000	765 000
Total Fixed Assets	1 651 000	2 797 000	769 000	774 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 928 000	479 000	795 000	587 000
Total Current Assets	6 157 000	763 000	987 000	826 000
Total Assets	7 808 000	3 560 000	1 756 000	1 601 000
Total Equity	7 284 000	2 435 000	1 211 000	1 028 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	538 000	1 000	2 000
Creditors	0	0	0	13 000
Unpaid Taxes	162 000	144 000	145 000	130 000
Dividends	1 000 000	0	200 000	200 000
Other Current Debt	98 000	299 000	297 000	297 000
Total Current Debt	524 000	587 000	545 000	571 000
Total Equity and Debt	7 808 000	3 560 000	1 756 000	1 601 000

Financial indicators	2022	2021	2020	2019
Return on Equity	80,3 %	64,64 %	39,88 %	48,15 %
Debt-to-Equity Ratio	0	0,22	0	0
Operating Profit Margin	51,47 %	36,52 %	29,74 %	34,79 %
Current Ratio	11,75	1,3	1,81	1,45
Quick Ratio	11,75	1,3	1,81	1,45
Equity Ratio	0,93	0,68	0,69	0,64
Gross Profit Margin	100 %	100 %	100 %	100 %