HELGELAND HESTEHELSE AS

8646 KORGEN

Finances

Share Ownership

Return on Equity

23,79 %

Current Ratio

1,42

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 222 000	3 201 000	2 827 000	1 604 000
Net Income	377 000	565 000	521 000	5 000
Total Assets	3 446 000	3 175 000	2 414 000	1 999 000
Total Equity	1 585 000	1 208 000	643 000	122 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 222 000	3 201 000	2 827 000	1 604 000
Expenditure	2 738 000	2 477 000	2 158 000	1 597 000
Operating Profit	484 000	724 000	668 000	7 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	483 000	724 000	668 000	7 000
Tax	106 000	159 000	147 000	2 000
Net Income	377 000	565 000	521 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	911 000	1 092 000	942 000	954 000
Total Current Assets	2 535 000	2 083 000	1 471 000	1 045 000
Total Assets	3 446 000	3 175 000	2 414 000	1 999 000
Total Retained Equity	1 540 000	1 163 000	598 000	77 000
Total Equity	1 585 000	1 208 000	643 000	122 000
Total Long-Term Debt	78 000	85 000	75 000	20 000
Total Current Debt	1 782 000	1 882 000	1 695 000	1 857 000
Total Equity and Debt	3 446 000	3 175 000	2 414 000	1 999 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 222 000	3 201 000	2 733 000	1 604 000
Other Income	0	0	94 000	0
Revenue	3 222 000	3 201 000	2 827 000	1 604 000
Cost of Goods Sold	343 000	364 000	236 000	317 000
Salary Costs	1 586 000	1 338 000	1 276 000	767 000
Depreciation	181 000	145 000	114 000	58 000
Impairment	0	0	0	0
Expenditure	2 738 000	2 477 000	2 158 000	1 597 000
Operating Profit	484 000	724 000	668 000	7 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	0	0	0
Net Income	377 000	565 000	521 000	5 000

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	181 000	0	650 000
Fixtures	911 000	911 000	942 000	304 000
Total Tangible Assets	911 000	1 092 000	942 000	954 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	911 000	1 092 000	942 000	954 000
Stock	349 000	309 000	279 000	162 000
Total Investments	0	0	0	0
Cash, Bank	1 686 000	1 133 000	635 000	545 000
Total Current Assets	2 535 000	2 083 000	1 471 000	1 045 000
Total Assets	3 446 000	3 175 000	2 414 000	1 999 000
Total Equity	1 585 000	1 208 000	643 000	122 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	78 000	85 000	75 000	20 000
Creditors	29 000	167 000	61 000	364 000
Unpaid Taxes	165 000	140 000	116 000	41 000
Dividends	0	0	0	0
Other Current Debt	1 474 000	1 425 000	1 427 000	1 452 000
Total Current Debt	1 782 000	1 882 000	1 695 000	1 857 000
Total Equity and Debt	3 446 000	3 175 000	2 414 000	1 999 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,79 %	46,77 %	81,03 %	4,1 %
Debt-to-Equity Ratio	0,05	0,07	0,12	0,16
Operating Profit Margin	15,02 %	22,62 %	23,63 %	0,44 %
Current Ratio	1,42	1,11	0,87	0,56
Quick Ratio	1,77	1,32	1,04	0,62
Equity Ratio	0,46	0,38	0,27	0,06
Gross Profit Margin	89,35 %	88,63 %	91,65 %	80,24 %