HELLE AS

5430 BREMNES

Finances

Share Ownership

Return on Equity

29,52 %

Current Ratio

1,34

Debt-to-Equity Ratio

2,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 198 000	2 571 000	670 000	167 000
Net Income	222 000	283 000	80 000	31 000
Total Assets	3 679 000	3 486 000	2 780 000	2 570 000
Total Equity	752 000	530 000	247 000	167 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 198 000	2 571 000	670 000	167 000
Expenditure	3 808 000	2 120 000	474 000	36 000
Operating Profit	390 000	451 000	195 000	130 000
Financial Income	5 000	4 000	1 000	1 000
Financial Costs	111 000	92 000	94 000	92 000
Financial Balance	−106 000	−88 000	−93 000	−91 000
Earnings Before Tax	284 000	363 000	102 000	40 000
Tax	63 000	80 000	22 000	9 000
Net Income	222 000	283 000	80 000	31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 667 000	2 590 000	2 535 000	2 494 000
Total Current Assets	1 012 000	896 000	244 000	76 000
Total Assets	3 679 000	3 486 000	2 780 000	2 570 000
Total Retained Equity	722 000	500 000	217 000	137 000
Total Equity	752 000	530 000	247 000	167 000
Total Long-Term Debt	2 170 000	2 275 000	2 300 000	2 363 000
Total Current Debt	758 000	682 000	232 000	40 000
Total Equity and Debt	3 679 000	3 486 000	2 780 000	2 570 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 022 000	2 385 000	464 000	0
Other Income	177 000	186 000	206 000	167 000
Revenue	4 198 000	2 571 000	670 000	167 000
Cost of Goods Sold	2 246 000	939 000	138 000	0
Salary Costs	872 000	708 000	150 000	0
Depreciation	23 000	18 000	13 000	0
Impairment	0	0	0	0
Expenditure	3 808 000	2 120 000	474 000	36 000
Operating Profit	390 000	451 000	195 000	130 000
Financial Income	5 000	4 000	1 000	1 000
Financial Costs	111 000	92 000	94 000	92 000
Financial Balance	−106 000	−88 000	−93 000	−91 000
Dividends	0	0	0	0
Net Income	222 000	283 000	80 000	31 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 494 000	2 494 000	2 494 000	2 494 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	88 000	96 000	41 000	0
Total Tangible Assets	2 582 000	2 590 000	2 535 000	2 494 000
Total Fiancial Fixed Assets	85 000	0	0	0
Total Fixed Assets	2 667 000	2 590 000	2 535 000	2 494 000
Stock	136 000	136 000	0	0
Total Investments	72 000	72 000	71 000	71 000
Cash, Bank	384 000	430 000	124 000	5 000
Total Current Assets	1 012 000	896 000	244 000	76 000
Total Assets	3 679 000	3 486 000	2 780 000	2 570 000
Total Equity	752 000	530 000	247 000	167 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 170 000	2 275 000	2 300 000	2 363 000
Creditors	370 000	361 000	52 000	0
Unpaid Taxes	204 000	137 000	60 000	0
Dividends	0	0	0	0
Other Current Debt	121 000	104 000	99 000	31 000
Total Current Debt	758 000	682 000	232 000	40 000
Total Equity and Debt	3 679 000	3 486 000	2 780 000	2 570 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,52 %	53,4 %	32,39 %	18,56 %
Debt-to-Equity Ratio	2,89	4,29	9,31	14,15
Operating Profit Margin	9,29 %	17,54 %	29,1 %	77,84 %
Current Ratio	1,34	1,31	1,05	1,9
Quick Ratio	1,63	1,64	1,05	1,9
Equity Ratio	0,2	0,15	0,09	0,06
Gross Profit Margin	46,5 %	63,48 %	79,4 %	100 %