HELGELAND TRANSPORT SERVICE AS

8803 SANDNESSJØEN

Finances

Return on Equity

43,02 %

Current Ratio

0,86

Debt-to-Equity Ratio

−0,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 319 000	11 728 000	8 578 000	9 230 000
Net Income	−1 073 000	−916 000	−892 000	−176 000
Total Assets	2 688 000	3 425 000	3 822 000	2 329 000
Total Equity	−2 494 000	−1 420 000	−505 000	388 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 319 000	11 728 000	8 578 000	9 230 000
Expenditure	15 210 000	12 495 000	9 458 000	9 401 000
Operating Profit	−891 000	−767 000	−880 000	−171 000
Financial Income	3 000	1 000	4 000	2 000
Financial Costs	185 000	150 000	100 000	52 000
Financial Balance	−182 000	−149 000	−96 000	−50 000
Earnings Before Tax	−1 073 000	−916 000	−975 000	−220 000
Tax	0	0	−83 000	−44 000
Net Income	−1 073 000	−916 000	−892 000	−176 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	202 000	363 000	497 000	608 000
Total Current Assets	2 486 000	3 062 000	3 325 000	1 721 000
Total Assets	2 688 000	3 425 000	3 822 000	2 329 000
Total Retained Equity	−2 524 000	−1 450 000	−535 000	358 000
Total Equity	−2 494 000	−1 420 000	−505 000	388 000
Total Long-Term Debt	2 300 000	2 392 000	2 492 000	292 000
Total Current Debt	2 882 000	2 454 000	1 835 000	1 650 000
Total Equity and Debt	2 688 000	3 425 000	3 822 000	2 329 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 657 000	9 714 000	7 659 000	8 807 000
Other Income	1 661 000	2 014 000	919 000	423 000
Revenue	14 319 000	11 728 000	8 578 000	9 230 000
Cost of Goods Sold	919 000	1 102 000	256 000	680 000
Salary Costs	8 263 000	6 297 000	5 302 000	4 933 000
Depreciation	89 000	111 000	195 000	217 000
Impairment	0	0	0	0
Expenditure	15 210 000	12 495 000	9 458 000	9 401 000
Operating Profit	−891 000	−767 000	−880 000	−171 000
Financial Income	3 000	1 000	4 000	2 000
Financial Costs	185 000	150 000	100 000	52 000
Financial Balance	−182 000	−149 000	−96 000	−50 000
Dividends	0	0	0	0
Net Income	−1 073 000	−916 000	−892 000	−176 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	45 000	134 000	209 000	559 000
Total Tangible Assets	45 000	134 000	209 000	559 000
Total Fiancial Fixed Assets	157 000	229 000	288 000	45 000
Total Fixed Assets	202 000	363 000	497 000	608 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	893 000	1 256 000	1 868 000	354 000
Total Current Assets	2 486 000	3 062 000	3 325 000	1 721 000
Total Assets	2 688 000	3 425 000	3 822 000	2 329 000
Total Equity	−2 494 000	−1 420 000	−505 000	388 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 300 000	2 392 000	2 492 000	292 000
Creditors	609 000	669 000	516 000	325 000
Unpaid Taxes	687 000	402 000	251 000	292 000
Dividends	0	0	0	0
Other Current Debt	1 586 000	1 382 000	1 068 000	1 033 000
Total Current Debt	2 882 000	2 454 000	1 835 000	1 650 000
Total Equity and Debt	2 688 000	3 425 000	3 822 000	2 329 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,02 %	64,51 %	176,63 %	−45,36 %
Debt-to-Equity Ratio	−0,92	−1,68	−4,93	0,75
Operating Profit Margin	−6,22 %	−6,54 %	−10,26 %	−1,85 %
Current Ratio	0,86	1,25	1,81	1,04
Quick Ratio	0,86	1,25	1,81	1,04
Equity Ratio	−0,93	−0,41	−0,13	0,17
Gross Profit Margin	93,58 %	90,6 %	97,02 %	92,63 %