HELLENES MASKIN AS

3277 STEINSHOLT

Finances

Share Ownership

Return on Equity

60,71 %

Current Ratio

0,39

Debt-to-Equity Ratio

−0,83

Key figures (NOK)	2021	2020	2019
Revenue	6 618 000	11 389 000	8 133 000
Net Income	−782 000	−1 037 000	511 000
Total Assets	1 654 000	2 578 000	2 062 000
Total Equity	−1 288 000	−506 000	531 000

Income (NOK)	2021	2020	2019
Revenue	6 618 000	11 389 000	8 133 000
Expenditure	7 295 000	12 516 000	7 466 000
Operating Profit	−678 000	−1 128 000	667 000
Financial Income	1 000	1 000	0
Financial Costs	105 000	59 000	7 000
Financial Balance	−104 000	−58 000	−7 000
Earnings Before Tax	−782 000	−1 186 000	660 000
Tax	0	−149 000	149 000
Net Income	−782 000	−1 037 000	511 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	917 000	1 719 000	1 200 000
Total Current Assets	737 000	859 000	863 000
Total Assets	1 654 000	2 578 000	2 062 000
Total Retained Equity	−1 318 000	−536 000	501 000
Total Equity	−1 288 000	−506 000	531 000
Total Long-Term Debt	1 065 000	1 414 000	456 000
Total Current Debt	1 877 000	1 670 000	1 076 000
Total Equity and Debt	1 654 000	2 578 000	2 062 000

Cash flow (NOK)	2021	2020	2019
Sales Income	6 500 000	11 389 000	8 133 000
Other Income	118 000	0	0
Revenue	6 618 000	11 389 000	8 133 000
Cost of Goods Sold	516 000	4 029 000	1 768 000
Salary Costs	2 767 000	4 618 000	3 176 000
Depreciation	182 000	165 000	44 000
Impairment	0	0	0
Expenditure	7 295 000	12 516 000	7 466 000
Operating Profit	−678 000	−1 128 000	667 000
Financial Income	1 000	1 000	0
Financial Costs	105 000	59 000	7 000
Financial Balance	−104 000	−58 000	−7 000
Dividends	0	0	0
Net Income	−782 000	−1 037 000	511 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	36 000	77 000	79 000
Fixtures	353 000	470 000	94 000
Total Tangible Assets	389 000	547 000	173 000
Total Fiancial Fixed Assets	528 000	1 172 000	1 027 000
Total Fixed Assets	917 000	1 719 000	1 200 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	274 000	353 000	458 000
Total Current Assets	737 000	859 000	863 000
Total Assets	1 654 000	2 578 000	2 062 000
Total Equity	−1 288 000	−506 000	531 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 065 000	1 414 000	456 000
Creditors	660 000	751 000	265 000
Unpaid Taxes	256 000	525 000	347 000
Dividends	0	0	0
Other Current Debt	961 000	394 000	314 000
Total Current Debt	1 877 000	1 670 000	1 076 000
Total Equity and Debt	1 654 000	2 578 000	2 062 000

Financial indicators	2021	2020	2019
Return on Equity	60,71 %	204,94 %	96,23 %
Debt-to-Equity Ratio	−0,83	−2,79	0,86
Operating Profit Margin	−10,24 %	−9,9 %	8,2 %
Current Ratio	0,39	0,51	0,8
Quick Ratio	0,39	0,51	0,8
Equity Ratio	−0,78	−0,2	0,26
Gross Profit Margin	92,2 %	64,62 %	78,26 %