HEL VED BOLIG AS

3929 PORSGRUNN

Finances

Share Ownership

Return on Equity

29,2 %

Current Ratio

0,41

Debt-to-Equity Ratio

−0

Key figures (NOK)	2021	2020	2019	2018
Revenue	17 169 000	5 708 000	5 314 000	1 285 000
Net Income	−1 023 000	−2 562 000	304 000	−252 000
Total Assets	3 316 000	2 515 000	2 418 000	668 000
Total Equity	−3 503 000	−2 480 000	82 000	−222 000

Income (NOK)	2021	2020	2019	2018
Revenue	17 169 000	5 708 000	5 314 000	1 285 000
Expenditure	18 572 000	8 278 000	4 918 000	1 537 000
Operating Profit	−1 585 000	−2 569 000	396 000	−252 000
Financial Income	41 000	22 000	3 000	0
Financial Costs	10 000	29 000	81 000	0
Financial Balance	31 000	−7 000	−78 000	0
Earnings Before Tax	−1 554 000	−2 576 000	319 000	−252 000
Tax	−531 000	−15 000	15 000	0
Net Income	−1 023 000	−2 562 000	304 000	−252 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	546 000	15 000	945 000	0
Total Current Assets	2 770 000	2 500 000	1 473 000	668 000
Total Assets	3 316 000	2 515 000	2 418 000	668 000
Total Retained Equity	−3 533 000	−2 510 000	52 000	−252 000
Total Equity	−3 503 000	−2 480 000	82 000	−222 000
Total Long-Term Debt	0	0	815 000	0
Total Current Debt	6 819 000	4 995 000	1 521 000	889 000
Total Equity and Debt	3 316 000	2 515 000	2 418 000	668 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	16 581 000	5 708 000	5 314 000	1 285 000
Other Income	588 000	0	0	0
Revenue	17 169 000	5 708 000	5 314 000	1 285 000
Cost of Goods Sold	16 757 000	7 447 000	4 604 000	1 477 000
Salary Costs	0	112 000	0	0
Depreciation	0	0	68 000	0
Impairment	0	0	0	0
Expenditure	18 572 000	8 278 000	4 918 000	1 537 000
Operating Profit	−1 585 000	−2 569 000	396 000	−252 000
Financial Income	41 000	22 000	3 000	0
Financial Costs	10 000	29 000	81 000	0
Financial Balance	31 000	−7 000	−78 000	0
Dividends	0	0	0	0
Net Income	−1 023 000	−2 562 000	304 000	−252 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	531 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	945 000	0
Fixtures	15 000	15 000	0	0
Total Tangible Assets	15 000	15 000	945 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	546 000	15 000	945 000	0
Stock	0	0	63 000	0
Total Investments	0	0	0	0
Cash, Bank	488 000	972 000	983 000	244 000
Total Current Assets	2 770 000	2 500 000	1 473 000	668 000
Total Assets	3 316 000	2 515 000	2 418 000	668 000
Total Equity	−3 503 000	−2 480 000	82 000	−222 000
Short-Term Group Debt	22 000	0	0	0
Total Long-Term Debt	0	0	815 000	0
Creditors	6 397 000	2 815 000	759 000	720 000
Unpaid Taxes	−46 000	0	8 000	0
Dividends	0	0	0	0
Other Current Debt	434 000	1 511 000	754 000	169 000
Total Current Debt	6 819 000	4 995 000	1 521 000	889 000
Total Equity and Debt	3 316 000	2 515 000	2 418 000	668 000

Financial indicators	2021	2020	2019	2018
Return on Equity	29,2 %	103,31 %	370,73 %	113,51 %
Debt-to-Equity Ratio	−0	−0	9,94	−0
Operating Profit Margin	−9,23 %	−45,01 %	7,45 %	−19,61 %
Current Ratio	0,41	0,5	0,97	0,75
Quick Ratio	0,41	0,5	1,01	0,75
Equity Ratio	−1,06	−0,99	0,03	−0,33
Gross Profit Margin	2,4 %	−30,47 %	13,36 %	−14,94 %