HELÅS AS

5131 NYBORG

Finances

Share Ownership

Return on Equity

64,71 %

Current Ratio

0,61

Debt-to-Equity Ratio

−1,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	323 000	737 000	682 000
Net Income	−66 000	−94 000	6 000	160 000
Total Assets	225 000	228 000	254 000	485 000
Total Equity	−102 000	−36 000	58 000	52 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	323 000	737 000	682 000
Expenditure	80 000	442 000	729 000	477 000
Operating Profit	−80 000	−119 000	8 000	206 000
Financial Income	0	0	0	0
Financial Costs	4 000	1 000	0	0
Financial Balance	−4 000	−1 000	0	0
Earnings Before Tax	−84 000	−120 000	8 000	206 000
Tax	−19 000	−26 000	2 000	45 000
Net Income	−66 000	−94 000	6 000	160 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	141 000	123 000	97 000	98 000
Total Current Assets	83 000	105 000	157 000	387 000
Total Assets	225 000	228 000	254 000	485 000
Total Retained Equity	−502 000	−436 000	−342 000	−348 000
Total Equity	−102 000	−36 000	58 000	52 000
Total Long-Term Debt	191 000	50 000	0	235 000
Total Current Debt	135 000	214 000	196 000	198 000
Total Equity and Debt	225 000	228 000	254 000	485 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	323 000	737 000	682 000
Other Income	0	0	0	0
Revenue	0	323 000	737 000	682 000
Cost of Goods Sold	0	109 000	302 000	145 000
Salary Costs	80 000	220 000	356 000	204 000
Depreciation	0	0	0	50 000
Impairment	0	0	0	0
Expenditure	80 000	442 000	729 000	477 000
Operating Profit	−80 000	−119 000	8 000	206 000
Financial Income	0	0	0	0
Financial Costs	4 000	1 000	0	0
Financial Balance	−4 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	−66 000	−94 000	6 000	160 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	141 000	123 000	97 000	98 000
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	141 000	123 000	97 000	98 000
Stock	73 000	73 000	137 000	246 000
Total Investments	0	0	0	0
Cash, Bank	9 000	32 000	20 000	34 000
Total Current Assets	83 000	105 000	157 000	387 000
Total Assets	225 000	228 000	254 000	485 000
Total Equity	−102 000	−36 000	58 000	52 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	191 000	50 000	0	235 000
Creditors	122 000	178 000	132 000	157 000
Unpaid Taxes	6 000	16 000	31 000	23 000
Dividends	0	0	0	0
Other Current Debt	7 000	20 000	33 000	18 000
Total Current Debt	135 000	214 000	196 000	198 000
Total Equity and Debt	225 000	228 000	254 000	485 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,71 %	261,11 %	10,34 %	307,69 %
Debt-to-Equity Ratio	−1,87	−1,39	0	4,52
Operating Profit Margin	-	−36,84 %	1,09 %	30,21 %
Current Ratio	0,61	0,49	0,8	1,95
Quick Ratio	1,34	0,74	2,66	−8,06
Equity Ratio	−0,45	−0,16	0,23	0,11
Gross Profit Margin	-	66,25 %	59,02 %	78,74 %