HEL HELSE HEDMARK AS

2322 RIDABU

Finances

Share Ownership

Return on Equity

54,9 %

Current Ratio

0,12

Debt-to-Equity Ratio

−0

Key figures (NOK)	2021	2020	2019	2018
Revenue	612 000	553 000	556 000	484 000
Net Income	−168 000	−241 000	−69 000	80 000
Total Assets	−4 000	63 000	154 000	210 000
Total Equity	−306 000	−206 000	34 000	103 000

Income (NOK)	2021	2020	2019	2018
Revenue	612 000	553 000	556 000	484 000
Expenditure	784 000	793 000	627 000	376 000
Operating Profit	−172 000	−241 000	−71 000	107 000
Financial Income	0	0	0	0
Financial Costs	17 000	1 000	1 000	4 000
Financial Balance	−17 000	−1 000	−1 000	−4 000
Earnings Before Tax	−189 000	−241 000	−71 000	104 000
Tax	−20 000	0	−2 000	23 000
Net Income	−168 000	−241 000	−69 000	80 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	−41 000	81 000	79 000	166 000
Total Current Assets	37 000	−18 000	75 000	45 000
Total Assets	−4 000	63 000	154 000	210 000
Total Retained Equity	−329 000	−229 000	11 000	80 000
Total Equity	−306 000	−206 000	34 000	103 000
Total Long-Term Debt	0	0	0	2 000
Total Current Debt	301 000	269 000	119 000	105 000
Total Equity and Debt	−4 000	63 000	154 000	210 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	612 000	553 000	556 000	484 000
Other Income	0	0	0	0
Revenue	612 000	553 000	556 000	484 000
Cost of Goods Sold	36 000	26 000	3 000	0
Salary Costs	261 000	220 000	175 000	22 000
Depreciation	111 000	74 000	87 000	94 000
Impairment	0	0	0	0
Expenditure	784 000	793 000	627 000	376 000
Operating Profit	−172 000	−241 000	−71 000	107 000
Financial Income	0	0	0	0
Financial Costs	17 000	1 000	1 000	4 000
Financial Balance	−17 000	−1 000	−1 000	−4 000
Dividends	0	0	0	0
Net Income	−168 000	−241 000	−69 000	80 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	−20 000	70 000	55 000	115 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	−21 000	11 000	24 000	51 000
Total Tangible Assets	−21 000	11 000	24 000	51 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	−41 000	81 000	79 000	166 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	28 000	1 000	72 000	44 000
Total Current Assets	37 000	−18 000	75 000	45 000
Total Assets	−4 000	63 000	154 000	210 000
Total Equity	−306 000	−206 000	34 000	103 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	2 000
Creditors	132 000	150 000	56 000	14 000
Unpaid Taxes	22 000	24 000	8 000	0
Dividends	0	0	0	0
Other Current Debt	148 000	95 000	55 000	69 000
Total Current Debt	301 000	269 000	119 000	105 000
Total Equity and Debt	−4 000	63 000	154 000	210 000

Financial indicators	2021	2020	2019	2018
Return on Equity	54,9 %	116,99 %	−202,94 %	77,67 %
Debt-to-Equity Ratio	−0	−0	0	0,02
Operating Profit Margin	−28,1 %	−43,58 %	−12,77 %	22,11 %
Current Ratio	0,12	−0,07	0,63	0,43
Quick Ratio	0,12	−0,07	0,63	0,43
Equity Ratio	76,5	−3,27	0,22	0,49
Gross Profit Margin	94,12 %	95,3 %	99,46 %	100 %