HELITRACK AS

3241 SANDEFJORD

Finances

Share Ownership

Return on Equity

10,02 %

Current Ratio

0,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 177 000	5 937 000	4 407 000	1 158 000
Net Income	110 000	1 028 000	340 000	−370 000
Total Assets	1 375 000	2 124 000	1 858 000	779 000
Total Equity	1 098 000	988 000	−40 000	−380 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 177 000	5 937 000	4 407 000	1 158 000
Expenditure	3 027 000	4 643 000	4 055 000	1 524 000
Operating Profit	150 000	1 294 000	351 000	−366 000
Financial Income	5 000	1 000	0	0
Financial Costs	40 000	36 000	11 000	5 000
Financial Balance	−35 000	−35 000	−11 000	−5 000
Earnings Before Tax	115 000	1 259 000	340 000	−370 000
Tax	5 000	231 000	0	0
Net Income	110 000	1 028 000	340 000	−370 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 345 000	790 000	42 000	74 000
Total Current Assets	30 000	1 334 000	1 816 000	706 000
Total Assets	1 375 000	2 124 000	1 858 000	779 000
Total Retained Equity	1 068 000	958 000	−70 000	−410 000
Total Equity	1 098 000	988 000	−40 000	−380 000
Total Long-Term Debt	0	0	0	1 104 000
Total Current Debt	277 000	1 136 000	1 898 000	56 000
Total Equity and Debt	1 375 000	2 124 000	1 858 000	779 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 069 000	5 792 000	4 239 000	1 158 000
Other Income	108 000	145 000	168 000	0
Revenue	3 177 000	5 937 000	4 407 000	1 158 000
Cost of Goods Sold	853 000	1 611 000	316 000	84 000
Salary Costs	476 000	390 000	343 000	0
Depreciation	0	0	12 000	5 000
Impairment	0	0	0	0
Expenditure	3 027 000	4 643 000	4 055 000	1 524 000
Operating Profit	150 000	1 294 000	351 000	−366 000
Financial Income	5 000	1 000	0	0
Financial Costs	40 000	36 000	11 000	5 000
Financial Balance	−35 000	−35 000	−11 000	−5 000
Dividends	0	0	0	0
Net Income	110 000	1 028 000	340 000	−370 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 333 000	763 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	12 000
Total Tangible Assets	0	0	0	12 000
Total Fiancial Fixed Assets	12 000	27 000	42 000	61 000
Total Fixed Assets	1 345 000	790 000	42 000	74 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	−396 000	−20 000	20 000	260 000
Total Current Assets	30 000	1 334 000	1 816 000	706 000
Total Assets	1 375 000	2 124 000	1 858 000	779 000
Total Equity	1 098 000	988 000	−40 000	−380 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 104 000
Creditors	143 000	0	1 276 000	52 000
Unpaid Taxes	72 000	−162 000	51 000	0
Dividends	0	0	0	0
Other Current Debt	57 000	93 000	34 000	3 000
Total Current Debt	277 000	1 136 000	1 898 000	56 000
Total Equity and Debt	1 375 000	2 124 000	1 858 000	779 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,02 %	104,05 %	−850 %	97,37 %
Debt-to-Equity Ratio	0	0	−0	−2,91
Operating Profit Margin	4,72 %	21,8 %	7,96 %	−31,61 %
Current Ratio	0,11	1,17	0,96	12,61
Quick Ratio	0,11	1,17	0,96	12,61
Equity Ratio	0,8	0,47	−0,02	−0,49
Gross Profit Margin	73,15 %	72,87 %	92,83 %	92,75 %