HELI-EX AS

4312 SANDNES

Finances

Share Ownership

Return on Equity

5,83 %

Current Ratio

3,42

Debt-to-Equity Ratio

3,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	657 000	380 000	239 000	178 000
Net Income	12 000	59 000	62 000	39 000
Total Assets	930 000	282 000	184 000	98 000
Total Equity	206 000	194 000	136 000	74 000

Income (NOK)	2022	2021	2020	2019
Revenue	657 000	380 000	239 000	178 000
Expenditure	636 000	303 000	160 000	127 000
Operating Profit	22 000	77 000	79 000	50 000
Financial Income	1 000	0	0	0
Financial Costs	9 000	2 000	2 000	0
Financial Balance	−8 000	−2 000	−2 000	0
Earnings Before Tax	14 000	76 000	77 000	50 000
Tax	2 000	17 000	15 000	12 000
Net Income	12 000	59 000	62 000	39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	644 000	53 000	25 000	35 000
Total Current Assets	287 000	229 000	159 000	63 000
Total Assets	930 000	282 000	184 000	98 000
Total Retained Equity	176 000	164 000	106 000	44 000
Total Equity	206 000	194 000	136 000	74 000
Total Long-Term Debt	641 000	1 000	0	2 000
Total Current Debt	84 000	87 000	48 000	22 000
Total Equity and Debt	930 000	282 000	184 000	98 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	657 000	380 000	239 000	178 000
Other Income	0	0	0	0
Revenue	657 000	380 000	239 000	178 000
Cost of Goods Sold	306 000	171 000	43 000	21 000
Salary Costs	0	0	0	0
Depreciation	45 000	5 000	11 000	11 000
Impairment	0	0	0	0
Expenditure	636 000	303 000	160 000	127 000
Operating Profit	22 000	77 000	79 000	50 000
Financial Income	1 000	0	0	0
Financial Costs	9 000	2 000	2 000	0
Financial Balance	−8 000	−2 000	−2 000	0
Dividends	0	0	0	0
Net Income	12 000	59 000	62 000	39 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	−1 000	1 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	644 000	54 000	24 000	35 000
Total Tangible Assets	644 000	54 000	24 000	35 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	644 000	53 000	25 000	35 000
Stock	15 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	262 000	175 000	157 000	24 000
Total Current Assets	287 000	229 000	159 000	63 000
Total Assets	930 000	282 000	184 000	98 000
Total Equity	206 000	194 000	136 000	74 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	641 000	1 000	0	2 000
Creditors	9 000	0	0	0
Unpaid Taxes	−19 000	−7 000	3 000	2 000
Dividends	0	0	0	0
Other Current Debt	93 000	78 000	26 000	8 000
Total Current Debt	84 000	87 000	48 000	22 000
Total Equity and Debt	930 000	282 000	184 000	98 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,83 %	30,41 %	45,59 %	52,7 %
Debt-to-Equity Ratio	3,11	0,01	0	0,03
Operating Profit Margin	3,35 %	20,26 %	33,05 %	28,09 %
Current Ratio	3,42	2,63	3,31	2,86
Quick Ratio	4,16	2,63	3,31	2,86
Equity Ratio	0,22	0,69	0,74	0,76
Gross Profit Margin	53,42 %	55 %	82,01 %	88,2 %