HELGELAND OVERFLATETEKNIKK AS

8803 SANDNESSJØEN

Finances

Share Ownership

Return on Equity

87,41 %

Current Ratio

0,71

Debt-to-Equity Ratio

−0,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 693 000	14 388 000	19 468 000	10 524 000
Net Income	−500 000	−1 195 000	1 835 000	516 000
Total Assets	2 835 000	2 888 000	6 826 000	2 615 000
Total Equity	−572 000	−73 000	1 122 000	−713 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 693 000	14 388 000	19 468 000	10 524 000
Expenditure	12 094 000	15 537 000	17 545 000	9 903 000
Operating Profit	−400 000	−1 148 000	1 922 000	621 000
Financial Income	30 000	25 000	18 000	11 000
Financial Costs	129 000	72 000	105 000	116 000
Financial Balance	−99 000	−47 000	−87 000	−105 000
Earnings Before Tax	−500 000	−1 195 000	1 835 000	516 000
Tax	0	0	0	0
Net Income	−500 000	−1 195 000	1 835 000	516 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	756 000	998 000	1 064 000	767 000
Total Current Assets	2 079 000	1 891 000	5 761 000	1 848 000
Total Assets	2 835 000	2 888 000	6 826 000	2 615 000
Total Retained Equity	−7 659 000	−7 160 000	−5 964 000	−7 800 000
Total Equity	−572 000	−73 000	1 122 000	−713 000
Total Long-Term Debt	485 000	661 000	892 000	1 008 000
Total Current Debt	2 923 000	2 300 000	4 811 000	2 320 000
Total Equity and Debt	2 835 000	2 888 000	6 826 000	2 615 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 668 000	14 380 000	19 465 000	10 524 000
Other Income	25 000	8 000	3 000	0
Revenue	11 693 000	14 388 000	19 468 000	10 524 000
Cost of Goods Sold	560 000	1 129 000	573 000	613 000
Salary Costs	7 343 000	9 342 000	7 172 000	4 877 000
Depreciation	281 000	266 000	229 000	195 000
Impairment	0	0	0	0
Expenditure	12 094 000	15 537 000	17 545 000	9 903 000
Operating Profit	−400 000	−1 148 000	1 922 000	621 000
Financial Income	30 000	25 000	18 000	11 000
Financial Costs	129 000	72 000	105 000	116 000
Financial Balance	−99 000	−47 000	−87 000	−105 000
Dividends	0	0	0	0
Net Income	−500 000	−1 195 000	1 835 000	516 000

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	641 000	853 000	1 064 000	766 000
Total Tangible Assets	641 000	853 000	1 064 000	766 000
Total Fiancial Fixed Assets	115 000	145 000	0	1 000
Total Fixed Assets	756 000	998 000	1 064 000	767 000
Stock	77 000	111 000	48 000	32 000
Total Investments	0	0	0	0
Cash, Bank	604 000	1 023 000	722 000	250 000
Total Current Assets	2 079 000	1 891 000	5 761 000	1 848 000
Total Assets	2 835 000	2 888 000	6 826 000	2 615 000
Total Equity	−572 000	−73 000	1 122 000	−713 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	485 000	661 000	892 000	1 008 000
Creditors	547 000	556 000	2 429 000	641 000
Unpaid Taxes	1 203 000	357 000	947 000	653 000
Dividends	0	0	0	0
Other Current Debt	1 172 000	1 387 000	1 435 000	862 000
Total Current Debt	2 923 000	2 300 000	4 811 000	2 320 000
Total Equity and Debt	2 835 000	2 888 000	6 826 000	2 615 000

Financial indicators	2022	2021	2020	2019
Return on Equity	87,41 %	1 636,99 %	163,55 %	−72,37 %
Debt-to-Equity Ratio	−0,85	−9,05	0,8	−1,41
Operating Profit Margin	−3,42 %	−7,98 %	9,87 %	5,9 %
Current Ratio	0,71	0,82	1,2	0,8
Quick Ratio	0,73	0,86	1,21	0,81
Equity Ratio	−0,2	−0,03	0,16	−0,27
Gross Profit Margin	95,21 %	92,15 %	97,06 %	94,18 %