HEL VED DESIGN AS

1545 HVITSTEN

Finances

Share Ownership

Return on Equity

60,86 %

Current Ratio

1,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 908 000	3 496 000	1 467 000	857 000
Net Income	496 000	412 000	−452 000	−284 000
Total Assets	1 867 000	1 258 000	780 000	882 000
Total Equity	815 000	319 000	−94 000	359 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 908 000	3 496 000	1 467 000	857 000
Expenditure	4 336 000	3 057 000	1 818 000	1 112 000
Operating Profit	571 000	439 000	−351 000	−255 000
Financial Income	13 000	21 000	0	1 000
Financial Costs	51 000	47 000	101 000	30 000
Financial Balance	−38 000	−26 000	−101 000	−29 000
Earnings Before Tax	533 000	412 000	−452 000	−284 000
Tax	36 000	0	0	0
Net Income	496 000	412 000	−452 000	−284 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	78 000	112 000	93 000	117 000
Total Current Assets	1 788 000	1 147 000	687 000	765 000
Total Assets	1 867 000	1 258 000	780 000	882 000
Total Retained Equity	115 000	−381 000	−794 000	−341 000
Total Equity	815 000	319 000	−94 000	359 000
Total Long-Term Debt	1 000	0	0	0
Total Current Debt	1 051 000	940 000	874 000	523 000
Total Equity and Debt	1 867 000	1 258 000	780 000	882 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 908 000	3 496 000	1 467 000	857 000
Other Income	0	0	0	0
Revenue	4 908 000	3 496 000	1 467 000	857 000
Cost of Goods Sold	2 299 000	1 746 000	994 000	537 000
Salary Costs	767 000	299 000	7 000	0
Depreciation	24 000	24 000	24 000	4 000
Impairment	0	0	0	0
Expenditure	4 336 000	3 057 000	1 818 000	1 112 000
Operating Profit	571 000	439 000	−351 000	−255 000
Financial Income	13 000	21 000	0	1 000
Financial Costs	51 000	47 000	101 000	30 000
Financial Balance	−38 000	−26 000	−101 000	−29 000
Dividends	0	0	0	0
Net Income	496 000	412 000	−452 000	−284 000

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	0	0
Fixtures	44 000	69 000	93 000	117 000
Total Tangible Assets	44 000	69 000	93 000	117 000
Total Fiancial Fixed Assets	34 000	43 000	0	0
Total Fixed Assets	78 000	112 000	93 000	117 000
Stock	1 261 000	826 000	776 000	606 000
Total Investments	0	0	0	0
Cash, Bank	369 000	−55 000	−265 000	−226 000
Total Current Assets	1 788 000	1 147 000	687 000	765 000
Total Assets	1 867 000	1 258 000	780 000	882 000
Total Equity	815 000	319 000	−94 000	359 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	0	0
Creditors	38 000	35 000	27 000	31 000
Unpaid Taxes	174 000	137 000	79 000	53 000
Dividends	0	0	0	0
Other Current Debt	803 000	767 000	767 000	439 000
Total Current Debt	1 051 000	940 000	874 000	523 000
Total Equity and Debt	1 867 000	1 258 000	780 000	882 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,86 %	129,15 %	480,85 %	−79,11 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	11,63 %	12,56 %	−23,93 %	−29,75 %
Current Ratio	1,7	1,22	0,79	1,46
Quick Ratio	−8,51	10,06	7,01	−9,22
Equity Ratio	0,44	0,25	−0,12	0,41
Gross Profit Margin	53,16 %	50,06 %	32,24 %	37,34 %