HELM NORWAY AS

1555 SON

Finances

Share Ownership

Return on Equity

3 749,18 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 026 000	26 266 000	11 968 000	3 994 000
Net Income	2 287 000	10 234 000	−442 000	−222 000
Total Assets	10 248 000	4 969 000	1 508 000	1 781 000
Total Equity	61 000	274 000	−660 000	−218 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 026 000	26 266 000	11 968 000	3 994 000
Expenditure	26 133 000	13 834 000	12 384 000	4 198 000
Operating Profit	2 893 000	12 432 000	−417 000	−204 000
Financial Income	332 000	916 000	168 000	19 000
Financial Costs	280 000	422 000	193 000	37 000
Financial Balance	52 000	494 000	−25 000	−18 000
Earnings Before Tax	2 945 000	12 926 000	−442 000	−222 000
Tax	658 000	2 692 000	0	0
Net Income	2 287 000	10 234 000	−442 000	−222 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	10 248 000	4 969 000	1 508 000	1 781 000
Total Assets	10 248 000	4 969 000	1 508 000	1 781 000
Total Retained Equity	31 000	270 000	−664 000	−222 000
Total Equity	61 000	274 000	−660 000	−218 000
Total Long-Term Debt	0	300 000	300 000	300 000
Total Current Debt	10 187 000	4 395 000	1 868 000	1 699 000
Total Equity and Debt	10 248 000	4 969 000	1 508 000	1 781 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 026 000	26 266 000	12 001 000	3 961 000
Other Income	0	0	−33 000	33 000
Revenue	29 026 000	26 266 000	11 968 000	3 994 000
Cost of Goods Sold	7 271 000	2 563 000	0	0
Salary Costs	15 953 000	9 795 000	10 843 000	3 626 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	26 133 000	13 834 000	12 384 000	4 198 000
Operating Profit	2 893 000	12 432 000	−417 000	−204 000
Financial Income	332 000	916 000	168 000	19 000
Financial Costs	280 000	422 000	193 000	37 000
Financial Balance	52 000	494 000	−25 000	−18 000
Dividends	2 500 000	9 300 000	0	0
Net Income	2 287 000	10 234 000	−442 000	−222 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 678 000	4 527 000	938 000	890 000
Total Current Assets	10 248 000	4 969 000	1 508 000	1 781 000
Total Assets	10 248 000	4 969 000	1 508 000	1 781 000
Total Equity	61 000	274 000	−660 000	−218 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	300 000	300 000	300 000
Creditors	637 000	175 000	243 000	317 000
Unpaid Taxes	949 000	699 000	845 000	676 000
Dividends	2 500 000	9 300 000	0	0
Other Current Debt	5 443 000	829 000	779 000	706 000
Total Current Debt	10 187 000	4 395 000	1 868 000	1 699 000
Total Equity and Debt	10 248 000	4 969 000	1 508 000	1 781 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3 749,18 %	3 735,04 %	66,97 %	101,83 %
Debt-to-Equity Ratio	0	1,09	−0,45	−1,38
Operating Profit Margin	9,97 %	47,33 %	−3,48 %	−5,11 %
Current Ratio	1,01	1,13	0,81	1,05
Quick Ratio	1,01	1,13	0,81	1,05
Equity Ratio	0,01	0,06	−0,44	−0,12
Gross Profit Margin	74,95 %	90,24 %	100 %	100 %