HURRA HELGELAND AS

8800 SANDNESSJØEN

Finances

Share Ownership

Return on Equity

217,09 %

Current Ratio

0,33

Debt-to-Equity Ratio

−7,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 217 000	4 445 000	3 974 000	1 571 000
Net Income	−864 000	82 000	−26 000	−625 000
Total Assets	3 542 000	4 653 000	4 356 000	4 271 000
Total Equity	−398 000	466 000	383 000	409 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 217 000	4 445 000	3 974 000	1 571 000
Expenditure	3 803 000	4 203 000	4 027 000	2 157 000
Operating Profit	−585 000	242 000	−52 000	−587 000
Financial Income	0	0	0	0
Financial Costs	120 000	136 000	155 000	39 000
Financial Balance	−120 000	−136 000	−155 000	−39 000
Earnings Before Tax	−705 000	106 000	−208 000	−625 000
Tax	159 000	23 000	−45 000	0
Net Income	−864 000	82 000	−26 000	−625 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 173 000	3 603 000	3 836 000	3 859 000
Total Current Assets	370 000	1 049 000	520 000	412 000
Total Assets	3 542 000	4 653 000	4 356 000	4 271 000
Total Retained Equity	−1 432 000	−568 000	−651 000	−625 000
Total Equity	−398 000	466 000	383 000	409 000
Total Long-Term Debt	2 834 000	3 025 000	3 007 000	900 000
Total Current Debt	1 107 000	1 162 000	966 000	2 962 000
Total Equity and Debt	3 542 000	4 653 000	4 356 000	4 271 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 182 000	3 725 000	3 974 000	1 571 000
Other Income	35 000	720 000	0	0
Revenue	3 217 000	4 445 000	3 974 000	1 571 000
Cost of Goods Sold	1 122 000	1 111 000	1 131 000	628 000
Salary Costs	1 689 000	2 024 000	1 853 000	853 000
Depreciation	140 000	140 000	132 000	44 000
Impairment	0	0	0	0
Expenditure	3 803 000	4 203 000	4 027 000	2 157 000
Operating Profit	−585 000	242 000	−52 000	−587 000
Financial Income	0	0	0	0
Financial Costs	120 000	136 000	155 000	39 000
Financial Balance	−120 000	−136 000	−155 000	−39 000
Dividends	0	0	0	0
Net Income	−864 000	82 000	−26 000	−625 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 000	180 000	208 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	885 000	1 021 000	1 120 000	1 218 000
Total Tangible Assets	885 000	1 021 000	1 120 000	1 218 000
Total Fiancial Fixed Assets	2 270 000	2 402 000	2 508 000	2 640 000
Total Fixed Assets	3 173 000	3 603 000	3 836 000	3 859 000
Stock	176 000	205 000	180 000	114 000
Total Investments	0	0	0	0
Cash, Bank	172 000	248 000	303 000	283 000
Total Current Assets	370 000	1 049 000	520 000	412 000
Total Assets	3 542 000	4 653 000	4 356 000	4 271 000
Total Equity	−398 000	466 000	383 000	409 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 834 000	3 025 000	3 007 000	900 000
Creditors	253 000	124 000	175 000	809 000
Unpaid Taxes	123 000	330 000	326 000	247 000
Dividends	0	0	0	0
Other Current Debt	730 000	708 000	465 000	1 906 000
Total Current Debt	1 107 000	1 162 000	966 000	2 962 000
Total Equity and Debt	3 542 000	4 653 000	4 356 000	4 271 000

Financial indicators	2022	2021	2020	2019
Return on Equity	217,09 %	17,6 %	−6,79 %	−152,81 %
Debt-to-Equity Ratio	−7,12	6,49	7,85	2,2
Operating Profit Margin	−18,18 %	5,44 %	−1,31 %	−37,36 %
Current Ratio	0,33	0,9	0,54	0,14
Quick Ratio	0,4	1,1	0,66	0,14
Equity Ratio	−0,11	0,1	0,09	0,1
Gross Profit Margin	65,12 %	75,01 %	71,54 %	60,03 %