HELGE NETELAND AS

5600 NORHEIMSUND

Finances

Return on Equity

5,8 %

Current Ratio

4,36

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	454 000	105 000	106 000	983 000
Total Assets	8 741 000	7 507 000	7 404 000	7 301 000
Total Equity	7 834 000	7 379 000	7 274 000	7 168 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	21 000	16 000	19 000	14 000
Operating Profit	−21 000	−16 000	−19 000	−14 000
Financial Income	515 000	149 000	152 000	1 006 000
Financial Costs	5 000	0	0	0
Financial Balance	510 000	149 000	152 000	1 006 000
Earnings Before Tax	489 000	133 000	134 000	992 000
Tax	35 000	28 000	28 000	9 000
Net Income	454 000	105 000	106 000	983 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 896 000	5 149 000	5 012 000	4 872 000
Total Current Assets	846 000	2 358 000	2 393 000	2 429 000
Total Assets	8 741 000	7 507 000	7 404 000	7 301 000
Total Retained Equity	5 145 000	4 690 000	4 585 000	4 479 000
Total Equity	7 834 000	7 379 000	7 274 000	7 168 000
Total Long-Term Debt	713 000	0	0	0
Total Current Debt	194 000	127 000	130 000	133 000
Total Equity and Debt	8 741 000	7 507 000	7 404 000	7 301 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	21 000	16 000	19 000	14 000
Operating Profit	−21 000	−16 000	−19 000	−14 000
Financial Income	515 000	149 000	152 000	1 006 000
Financial Costs	5 000	0	0	0
Financial Balance	510 000	149 000	152 000	1 006 000
Dividends	0	0	0	0
Net Income	454 000	105 000	106 000	983 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 724 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	33 000	0	0	0
Total Tangible Assets	3 757 000	0	0	0
Total Fiancial Fixed Assets	4 139 000	5 149 000	5 012 000	4 872 000
Total Fixed Assets	7 896 000	5 149 000	5 012 000	4 872 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	762 000	2 316 000	2 366 000	2 403 000
Total Current Assets	846 000	2 358 000	2 393 000	2 429 000
Total Assets	8 741 000	7 507 000	7 404 000	7 301 000
Total Equity	7 834 000	7 379 000	7 274 000	7 168 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	713 000	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	161 000	100 000	102 000	103 000
Total Current Debt	194 000	127 000	130 000	133 000
Total Equity and Debt	8 741 000	7 507 000	7 404 000	7 301 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,8 %	1,42 %	1,46 %	13,71 %
Debt-to-Equity Ratio	0,09	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	4,36	18,57	18,41	18,26
Quick Ratio	4,36	18,57	18,41	18,26
Equity Ratio	0,9	0,98	0,98	0,98
Gross Profit Margin	-	-	-	-