HELLESUND HOLDING AS

4770 HØVÅG

Finances

Return on Equity

23,27 %

Current Ratio

1,34

Debt-to-Equity Ratio

0,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	416 685 000	430 581 000	364 891 000	257 065 000
Net Income	15 089 000	22 810 000	12 794 000	5 024 000
Total Assets	238 589 000	213 335 000	138 382 000	123 229 000
Total Equity	64 857 000	53 969 000	35 953 000	27 065 000

Income (NOK)	2022	2021	2020	2019
Revenue	416 685 000	430 581 000	364 891 000	257 065 000
Expenditure	394 694 000	399 761 000	347 116 000	249 575 000
Operating Profit	21 992 000	30 821 000	17 775 000	7 490 000
Financial Income	498 000	181 000	139 000	502 000
Financial Costs	2 902 000	1 575 000	1 482 000	1 549 000
Financial Balance	−2 404 000	−1 394 000	−1 343 000	−1 047 000
Earnings Before Tax	19 588 000	29 426 000	16 431 000	6 443 000
Tax	4 499 000	6 617 000	3 637 000	1 419 000
Net Income	15 089 000	22 810 000	12 794 000	5 024 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	66 793 000	69 005 000	43 193 000	42 371 000
Total Current Assets	171 796 000	144 331 000	95 189 000	80 859 000
Total Assets	238 589 000	213 335 000	138 382 000	123 229 000
Total Retained Equity	44 750 000	0	15 846 000	6 957 000
Total Equity	64 857 000	53 969 000	35 953 000	27 065 000
Total Long-Term Debt	45 358 000	38 007 000	30 191 000	31 701 000
Total Current Debt	128 374 000	121 359 000	72 238 000	64 463 000
Total Equity and Debt	238 589 000	213 335 000	138 382 000	123 229 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	415 518 000	428 854 000	364 369 000	256 863 000
Other Income	1 167 000	1 727 000	522 000	203 000
Revenue	416 685 000	430 581 000	364 891 000	257 065 000
Cost of Goods Sold	328 683 000	335 684 000	302 022 000	210 301 000
Salary Costs	44 161 000	44 716 000	33 133 000	27 092 000
Depreciation	2 572 000	2 381 000	1 058 000	934 000
Impairment	0	0	0	0
Expenditure	394 694 000	399 761 000	347 116 000	249 575 000
Operating Profit	21 992 000	30 821 000	17 775 000	7 490 000
Financial Income	498 000	181 000	139 000	502 000
Financial Costs	2 902 000	1 575 000	1 482 000	1 549 000
Financial Balance	−2 404 000	−1 394 000	−1 343 000	−1 047 000
Dividends	0	4 445 000	4 000 000	0
Net Income	15 089 000	22 810 000	12 794 000	5 024 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	2 578 000	3 422 000	0	0
Total Intangible Assets	2 578 000	3 422 000	0	0
Real Eastate	48 933 000	49 246 000	39 367 000	38 983 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 625 000	4 929 000	3 818 000	3 380 000
Total Tangible Assets	53 558 000	54 175 000	43 185 000	42 363 000
Total Fiancial Fixed Assets	10 658 000	11 408 000	8 000	8 000
Total Fixed Assets	66 793 000	69 005 000	43 193 000	42 371 000
Stock	154 592 000	103 174 000	60 362 000	69 001 000
Total Investments	0	0	0	0
Cash, Bank	2 245 000	13 098 000	20 665 000	2 257 000
Total Current Assets	171 796 000	144 331 000	95 189 000	80 859 000
Total Assets	238 589 000	213 335 000	138 382 000	123 229 000
Total Equity	64 857 000	53 969 000	35 953 000	27 065 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	45 358 000	38 007 000	30 191 000	31 701 000
Creditors	63 936 000	57 486 000	44 796 000	40 597 000
Unpaid Taxes	4 361 000	4 830 000	2 216 000	3 317 000
Dividends	0	4 445 000	4 000 000	0
Other Current Debt	20 032 000	26 155 000	16 138 000	7 043 000
Total Current Debt	128 374 000	121 359 000	72 238 000	64 463 000
Total Equity and Debt	238 589 000	213 335 000	138 382 000	123 229 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,27 %	42,27 %	35,59 %	18,56 %
Debt-to-Equity Ratio	0,7	0,7	0,84	1,17
Operating Profit Margin	5,28 %	7,16 %	4,87 %	2,91 %
Current Ratio	1,34	1,19	1,32	1,25
Quick Ratio	−6,55	7,94	8,02	−17,82
Equity Ratio	0,27	0,25	0,26	0,22
Gross Profit Margin	21,12 %	22,04 %	17,23 %	18,19 %