TIAN HELSE AS

9414 HARSTAD

Finances

Share Ownership

Return on Equity

−81,18 %

Current Ratio

1,09

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 477 000	22 517 000	412 000	0
Net Income	−8 642 000	−7 825 000	−8 758 000	−1 808 000
Total Assets	46 377 000	35 393 000	20 269 000	769 000
Total Equity	10 645 000	1 954 000	−5 763 000	−1 708 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 477 000	22 517 000	412 000	0
Expenditure	52 720 000	31 512 000	11 174 000	2 308 000
Operating Profit	−7 243 000	−8 995 000	−10 762 000	−2 309 000
Financial Income	95 000	0	21 000	0
Financial Costs	1 825 000	1 019 000	492 000	11 000
Financial Balance	−1 730 000	−1 019 000	−471 000	−11 000
Earnings Before Tax	−8 972 000	−10 014 000	−11 233 000	−2 320 000
Tax	−330 000	−2 189 000	−2 475 000	−512 000
Net Income	−8 642 000	−7 825 000	−8 758 000	−1 808 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 812 000	12 209 000	11 523 000	555 000
Total Current Assets	36 565 000	23 185 000	8 746 000	215 000
Total Assets	46 377 000	35 393 000	20 269 000	769 000
Total Retained Equity	545 000	1 854 000	−5 863 000	−1 808 000
Total Equity	10 645 000	1 954 000	−5 763 000	−1 708 000
Total Long-Term Debt	2 064 000	2 000 000	0	0
Total Current Debt	33 668 000	31 440 000	26 032 000	2 477 000
Total Equity and Debt	46 377 000	35 393 000	20 269 000	769 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	45 456 000	22 517 000	412 000	0
Other Income	21 000	0	0	0
Revenue	45 477 000	22 517 000	412 000	0
Cost of Goods Sold	587 000	94 000	4 000	0
Salary Costs	34 697 000	17 458 000	3 890 000	1 055 000
Depreciation	785 000	686 000	131 000	2 000
Impairment	0	0	0	0
Expenditure	52 720 000	31 512 000	11 174 000	2 308 000
Operating Profit	−7 243 000	−8 995 000	−10 762 000	−2 309 000
Financial Income	95 000	0	21 000	0
Financial Costs	1 825 000	1 019 000	492 000	11 000
Financial Balance	−1 730 000	−1 019 000	−471 000	−11 000
Dividends	0	0	0	0
Net Income	−8 642 000	−7 825 000	−8 758 000	−1 808 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 738 000	1 660 000	512 000
Real Eastate	295 000	311 000	328 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 407 000	10 069 000	9 455 000	43 000
Total Tangible Assets	9 701 000	10 380 000	9 783 000	43 000
Total Fiancial Fixed Assets	111 000	90 000	80 000	0
Total Fixed Assets	9 812 000	12 209 000	11 523 000	555 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 164 000	2 005 000	461 000	193 000
Total Current Assets	36 565 000	23 185 000	8 746 000	215 000
Total Assets	46 377 000	35 393 000	20 269 000	769 000
Total Equity	10 645 000	1 954 000	−5 763 000	−1 708 000
Short-Term Group Debt	27 289 000	27 215 000	24 524 000	2 322 000
Total Long-Term Debt	2 064 000	2 000 000	0	0
Creditors	1 033 000	1 304 000	1 107 000	155 000
Unpaid Taxes	1 651 000	1 086 000	141 000	0
Dividends	0	0	0	0
Other Current Debt	3 695 000	1 835 000	261 000	0
Total Current Debt	33 668 000	31 440 000	26 032 000	2 477 000
Total Equity and Debt	46 377 000	35 393 000	20 269 000	769 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−81,18 %	−400,46 %	151,97 %	105,85 %
Debt-to-Equity Ratio	0,19	1,02	−0	−0
Operating Profit Margin	−15,93 %	−39,95 %	−2 612,14 %	-
Current Ratio	1,09	0,74	0,34	0,09
Quick Ratio	1,09	0,74	0,34	0,09
Equity Ratio	0,23	0,06	−0,28	−2,22
Gross Profit Margin	98,71 %	99,58 %	99,03 %	-