HELGELAND TRADING AS

8800 SANDNESSJØEN

Finances

Share Ownership

Return on Equity

6 %

Current Ratio

3,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	310 000	797 000	651 000	717 000
Net Income	15 000	1 000	11 000	19 000
Total Assets	334 000	260 000	323 000	346 000
Total Equity	250 000	235 000	234 000	223 000

Income (NOK)	2022	2021	2020	2019
Revenue	310 000	797 000	651 000	717 000
Expenditure	291 000	795 000	637 000	692 000
Operating Profit	19 000	2 000	14 000	25 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	19 000	2 000	14 000	25 000
Tax	4 000	1 000	3 000	6 000
Net Income	15 000	1 000	11 000	19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	334 000	260 000	323 000	346 000
Total Assets	334 000	260 000	323 000	346 000
Total Retained Equity	228 000	213 000	211 000	200 000
Total Equity	250 000	235 000	234 000	223 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	84 000	24 000	89 000	123 000
Total Equity and Debt	334 000	260 000	323 000	346 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	310 000	797 000	651 000	717 000
Other Income	0	0	0	0
Revenue	310 000	797 000	651 000	717 000
Cost of Goods Sold	216 000	658 000	472 000	626 000
Salary Costs	0	0	0	5 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	291 000	795 000	637 000	692 000
Operating Profit	19 000	2 000	14 000	25 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	0	0	0
Net Income	15 000	1 000	11 000	19 000

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	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	81 000	67 000	125 000	125 000
Total Investments	0	0	0	0
Cash, Bank	169 000	139 000	102 000	93 000
Total Current Assets	334 000	260 000	323 000	346 000
Total Assets	334 000	260 000	323 000	346 000
Total Equity	250 000	235 000	234 000	223 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	39 000	4 000	54 000	6 000
Unpaid Taxes	0	0	9 000	5 000
Dividends	0	0	0	0
Other Current Debt	41 000	20 000	23 000	106 000
Total Current Debt	84 000	24 000	89 000	123 000
Total Equity and Debt	334 000	260 000	323 000	346 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6 %	0,43 %	4,7 %	8,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,13 %	0,25 %	2,15 %	3,49 %
Current Ratio	3,98	10,83	3,63	2,81
Quick Ratio	111,33	−6,05	−8,97	−173
Equity Ratio	0,75	0,9	0,72	0,64
Gross Profit Margin	30,32 %	17,44 %	27,5 %	12,69 %