HELGERUD MASSEMOTTAK AS

1963 FOSSER

Finances

Share Ownership

Return on Equity

40,19 %

Current Ratio

6,15

Debt-to-Equity Ratio

−4,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	518 000	568 000	1 150 000	304 000
Net Income	−166 000	−204 000	301 000	−368 000
Total Assets	1 620 000	1 784 000	1 985 000	1 694 000
Total Equity	−413 000	−247 000	−43 000	−344 000

Income (NOK)	2022	2021	2020	2019
Revenue	518 000	568 000	1 150 000	304 000
Expenditure	604 000	722 000	659 000	713 000
Operating Profit	−86 000	−155 000	491 000	−409 000
Financial Income	0	0	0	1 000
Financial Costs	126 000	107 000	105 000	65 000
Financial Balance	−126 000	−107 000	−105 000	−64 000
Earnings Before Tax	−212 000	−262 000	386 000	−474 000
Tax	−47 000	−58 000	85 000	−105 000
Net Income	−166 000	−204 000	301 000	−368 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	957 000	1 321 000	1 203 000	763 000
Total Current Assets	664 000	463 000	781 000	932 000
Total Assets	1 620 000	1 784 000	1 985 000	1 694 000
Total Retained Equity	−437 000	−272 000	−67 000	−368 000
Total Equity	−413 000	−247 000	−43 000	−344 000
Total Long-Term Debt	1 925 000	2 000 000	2 000 000	2 000 000
Total Current Debt	108 000	30 000	27 000	38 000
Total Equity and Debt	1 620 000	1 784 000	1 985 000	1 694 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	518 000	568 000	1 150 000	304 000
Other Income	0	0	0	0
Revenue	518 000	568 000	1 150 000	304 000
Cost of Goods Sold	85 000	100 000	226 000	432 000
Salary Costs	0	0	0	0
Depreciation	411 000	355 000	199 000	48 000
Impairment	0	0	0	0
Expenditure	604 000	722 000	659 000	713 000
Operating Profit	−86 000	−155 000	491 000	−409 000
Financial Income	0	0	0	1 000
Financial Costs	126 000	107 000	105 000	65 000
Financial Balance	−126 000	−107 000	−105 000	−64 000
Dividends	0	0	0	0
Net Income	−166 000	−204 000	301 000	−368 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	125 000	78 000	21 000	105 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	832 000	1 242 000	1 183 000	658 000
Fixtures	0	0	0	0
Total Tangible Assets	832 000	1 242 000	1 183 000	658 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	957 000	1 321 000	1 203 000	763 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	359 000	202 000	553 000	721 000
Total Current Assets	664 000	463 000	781 000	932 000
Total Assets	1 620 000	1 784 000	1 985 000	1 694 000
Total Equity	−413 000	−247 000	−43 000	−344 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 925 000	2 000 000	2 000 000	2 000 000
Creditors	0	0	21 000	38 000
Unpaid Taxes	53 000	30 000	5 000	0
Dividends	0	0	0	0
Other Current Debt	55 000	0	2 000	0
Total Current Debt	108 000	30 000	27 000	38 000
Total Equity and Debt	1 620 000	1 784 000	1 985 000	1 694 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,19 %	82,59 %	−700 %	106,98 %
Debt-to-Equity Ratio	−4,66	−8,1	−46,51	−5,81
Operating Profit Margin	−16,6 %	−27,29 %	42,7 %	−134,54 %
Current Ratio	6,15	15,43	28,93	24,53
Quick Ratio	6,15	15,43	28,93	24,53
Equity Ratio	−0,25	−0,14	−0,02	−0,2
Gross Profit Margin	83,59 %	82,39 %	80,35 %	−42,11 %