HELLVÆRING AS

9411 HARSTAD

Finances

Share Ownership

Return on Equity

−37,59 %

Current Ratio

0,58

Debt-to-Equity Ratio

1,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 088 000	2 503 000	51 000	12 831 000
Net Income	−1 174 000	−705 000	−1 154 000	7 805 000
Total Assets	7 673 000	8 266 000	11 565 000	12 251 000
Total Equity	3 123 000	4 298 000	7 824 000	8 978 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 088 000	2 503 000	51 000	12 831 000
Expenditure	4 391 000	4 088 000	1 619 000	2 828 000
Operating Profit	−1 303 000	−1 586 000	−1 568 000	10 002 000
Financial Income	1 000	0	158 000	103 000
Financial Costs	203 000	112 000	69 000	98 000
Financial Balance	−202 000	−112 000	89 000	5 000
Earnings Before Tax	−1 505 000	−1 698 000	−1 479 000	10 007 000
Tax	−331 000	−994 000	−325 000	2 202 000
Net Income	−1 174 000	−705 000	−1 154 000	7 805 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 479 000	7 653 000	2 995 000	2 505 000
Total Current Assets	194 000	614 000	8 571 000	9 746 000
Total Assets	7 673 000	8 266 000	11 565 000	12 251 000
Total Retained Equity	572 000	1 747 000	5 273 000	6 427 000
Total Equity	3 123 000	4 298 000	7 824 000	8 978 000
Total Long-Term Debt	4 216 000	3 848 000	3 425 000	2 448 000
Total Current Debt	334 000	121 000	315 000	825 000
Total Equity and Debt	7 673 000	8 266 000	11 565 000	12 251 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 088 000	2 503 000	45 000	77 000
Other Income	0	0	6 000	12 754 000
Revenue	3 088 000	2 503 000	51 000	12 831 000
Cost of Goods Sold	36 000	62 000	0	20 000
Salary Costs	1 960 000	1 886 000	1 117 000	1 862 000
Depreciation	399 000	361 000	144 000	123 000
Impairment	0	0	0	0
Expenditure	4 391 000	4 088 000	1 619 000	2 828 000
Operating Profit	−1 303 000	−1 586 000	−1 568 000	10 002 000
Financial Income	1 000	0	158 000	103 000
Financial Costs	203 000	112 000	69 000	98 000
Financial Balance	−202 000	−112 000	89 000	5 000
Dividends	0	0	0	220 000
Net Income	−1 174 000	−705 000	−1 154 000	7 805 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 600 000	4 600 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	347 000	191 000	79 000	98 000
Fixtures	672 000	890 000	916 000	604 000
Total Tangible Assets	2 879 000	3 053 000	995 000	703 000
Total Fiancial Fixed Assets	0	0	2 000 000	1 802 000
Total Fixed Assets	7 479 000	7 653 000	2 995 000	2 505 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	161 000	568 000	379 000	3 531 000
Total Current Assets	194 000	614 000	8 571 000	9 746 000
Total Assets	7 673 000	8 266 000	11 565 000	12 251 000
Total Equity	3 123 000	4 298 000	7 824 000	8 978 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 216 000	3 848 000	3 425 000	2 448 000
Creditors	98 000	−192 000	41 000	125 000
Unpaid Taxes	253 000	235 000	164 000	523 000
Dividends	0	0	0	220 000
Other Current Debt	−17 000	78 000	110 000	177 000
Total Current Debt	334 000	121 000	315 000	825 000
Total Equity and Debt	7 673 000	8 266 000	11 565 000	12 251 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−37,59 %	−16,4 %	−14,75 %	86,93 %
Debt-to-Equity Ratio	1,35	0,9	0,44	0,27
Operating Profit Margin	−42,2 %	−63,36 %	−3 074,51 %	77,95 %
Current Ratio	0,58	5,07	27,21	11,81
Quick Ratio	0,58	5,07	27,21	11,81
Equity Ratio	0,41	0,52	0,68	0,73
Gross Profit Margin	98,83 %	97,52 %	100 %	99,84 %