HELNESSUND AS

8285 LEINES

Finances

Share Ownership

Return on Equity

1,19 %

Current Ratio

2,09

Debt-to-Equity Ratio

2,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 321 000	14 310 000	13 462 000	16 220 000
Net Income	119 000	630 000	−659 000	1 885 000
Total Assets	42 020 000	43 838 000	45 622 000	47 109 000
Total Equity	9 996 000	9 877 000	9 247 000	9 906 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 321 000	14 310 000	13 462 000	16 220 000
Expenditure	13 839 000	12 687 000	12 500 000	14 194 000
Operating Profit	1 482 000	1 623 000	962 000	2 026 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	1 361 000	989 000	1 643 000	114 000
Financial Balance	−1 360 000	−989 000	−1 642 000	−113 000
Earnings Before Tax	122 000	634 000	−679 000	1 912 000
Tax	3 000	4 000	−21 000	27 000
Net Income	119 000	630 000	−659 000	1 885 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 436 000	38 868 000	41 036 000	43 407 000
Total Current Assets	5 584 000	4 970 000	4 586 000	3 701 000
Total Assets	42 020 000	43 838 000	45 622 000	47 109 000
Total Retained Equity	154 000	35 000	−595 000	64 000
Total Equity	9 996 000	9 877 000	9 247 000	9 906 000
Total Long-Term Debt	29 353 000	31 620 000	34 000 000	36 088 000
Total Current Debt	2 671 000	2 341 000	2 375 000	1 115 000
Total Equity and Debt	42 020 000	43 838 000	45 622 000	47 109 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 321 000	14 310 000	13 462 000	16 220 000
Other Income	0	0	0	0
Revenue	15 321 000	14 310 000	13 462 000	16 220 000
Cost of Goods Sold	75 000	425 000	525 000	616 000
Salary Costs	4 856 000	4 506 000	3 729 000	4 299 000
Depreciation	2 186 000	2 196 000	2 199 000	260 000
Impairment	0	0	0	0
Expenditure	13 839 000	12 687 000	12 500 000	14 194 000
Operating Profit	1 482 000	1 623 000	962 000	2 026 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	1 361 000	989 000	1 643 000	114 000
Financial Balance	−1 360 000	−989 000	−1 642 000	−113 000
Dividends	0	0	0	0
Net Income	119 000	630 000	−659 000	1 885 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	13 000	25 000
Fixtures	411 000	458 000	228 000	300 000
Total Tangible Assets	36 198 000	38 360 000	40 259 000	42 458 000
Total Fiancial Fixed Assets	238 000	508 000	778 000	950 000
Total Fixed Assets	36 436 000	38 868 000	41 036 000	43 407 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 737 000	2 377 000	3 185 000	2 237 000
Total Current Assets	5 584 000	4 970 000	4 586 000	3 701 000
Total Assets	42 020 000	43 838 000	45 622 000	47 109 000
Total Equity	9 996 000	9 877 000	9 247 000	9 906 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	29 353 000	31 620 000	34 000 000	36 088 000
Creditors	1 582 000	1 740 000	1 144 000	476 000
Unpaid Taxes	768 000	415 000	533 000	545 000
Dividends	0	0	0	0
Other Current Debt	318 000	182 000	692 000	94 000
Total Current Debt	2 671 000	2 341 000	2 375 000	1 115 000
Total Equity and Debt	42 020 000	43 838 000	45 622 000	47 109 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,19 %	6,38 %	−7,13 %	19,03 %
Debt-to-Equity Ratio	2,94	3,2	3,68	3,64
Operating Profit Margin	9,67 %	11,34 %	7,15 %	12,49 %
Current Ratio	2,09	2,12	1,93	3,32
Quick Ratio	2,09	2,12	1,93	3,32
Equity Ratio	0,24	0,23	0,2	0,21
Gross Profit Margin	99,51 %	97,03 %	96,1 %	96,2 %