HELLAND CNC AS

5419 FITJAR

Finances

Return on Equity

422,58 %

Current Ratio

2,48

Debt-to-Equity Ratio

−27,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 434 000	2 668 000	2 249 000	1 365 000
Net Income	−131 000	−85 000	48 000	83 000
Total Assets	1 055 000	1 329 000	1 451 000	1 420 000
Total Equity	−31 000	100 000	184 000	136 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 434 000	2 668 000	2 249 000	1 365 000
Expenditure	2 551 000	2 755 000	2 183 000	1 271 000
Operating Profit	−117 000	−87 000	65 000	94 000
Financial Income	2 000	0	0	0
Financial Costs	16 000	10 000	3 000	1 000
Financial Balance	−14 000	−10 000	−3 000	−1 000
Earnings Before Tax	−131 000	−97 000	62 000	93 000
Tax	0	−12 000	14 000	10 000
Net Income	−131 000	−85 000	48 000	83 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	500 000	548 000	654 000	784 000
Total Current Assets	556 000	781 000	797 000	635 000
Total Assets	1 055 000	1 329 000	1 451 000	1 420 000
Total Retained Equity	−131 000	0	84 000	36 000
Total Equity	−31 000	100 000	184 000	136 000
Total Long-Term Debt	862 000	881 000	896 000	818 000
Total Current Debt	224 000	349 000	371 000	465 000
Total Equity and Debt	1 055 000	1 329 000	1 451 000	1 420 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 434 000	2 654 000	2 249 000	1 365 000
Other Income	0	14 000	0	0
Revenue	2 434 000	2 668 000	2 249 000	1 365 000
Cost of Goods Sold	789 000	858 000	629 000	253 000
Salary Costs	403 000	699 000	773 000	639 000
Depreciation	228 000	209 000	188 000	102 000
Impairment	0	0	0	0
Expenditure	2 551 000	2 755 000	2 183 000	1 271 000
Operating Profit	−117 000	−87 000	65 000	94 000
Financial Income	2 000	0	0	0
Financial Costs	16 000	10 000	3 000	1 000
Financial Balance	−14 000	−10 000	−3 000	−1 000
Dividends	0	0	0	0
Net Income	−131 000	−85 000	48 000	83 000

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	449 000	472 000	0	0
Fixtures	39 000	64 000	642 000	772 000
Total Tangible Assets	488 000	536 000	642 000	772 000
Total Fiancial Fixed Assets	12 000	12 000	12 000	12 000
Total Fixed Assets	500 000	548 000	654 000	784 000
Stock	337 000	363 000	414 000	229 000
Total Investments	0	0	0	0
Cash, Bank	151 000	281 000	141 000	251 000
Total Current Assets	556 000	781 000	797 000	635 000
Total Assets	1 055 000	1 329 000	1 451 000	1 420 000
Total Equity	−31 000	100 000	184 000	136 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	862 000	881 000	896 000	818 000
Creditors	94 000	99 000	92 000	17 000
Unpaid Taxes	75 000	112 000	103 000	255 000
Dividends	0	0	0	0
Other Current Debt	6 000	88 000	165 000	193 000
Total Current Debt	224 000	349 000	371 000	465 000
Total Equity and Debt	1 055 000	1 329 000	1 451 000	1 420 000

Financial indicators	2022	2021	2020	2019
Return on Equity	422,58 %	−85 %	26,09 %	61,03 %
Debt-to-Equity Ratio	−27,81	8,81	4,87	6,01
Operating Profit Margin	−4,81 %	−3,26 %	2,89 %	6,89 %
Current Ratio	2,48	2,24	2,15	1,37
Quick Ratio	−4,92	−55,79	−18,53	2,69
Equity Ratio	−0,03	0,08	0,13	0,1
Gross Profit Margin	67,58 %	67,84 %	72,03 %	81,47 %