BRØDRENE HELGESEN EIENDOM AS

1606 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−321,25 %

Current Ratio

66,62

Debt-to-Equity Ratio

38,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	693 000	1 617 000	1 502 000	1 469 000
Net Income	−771 000	403 000	405 000	358 000
Total Assets	9 437 000	20 502 000	21 047 000	21 569 000
Total Equity	240 000	1 010 000	607 000	202 000

Income (NOK)	2022	2021	2020	2019
Revenue	693 000	1 617 000	1 502 000	1 469 000
Expenditure	1 399 000	695 000	490 000	538 000
Operating Profit	−706 000	922 000	1 012 000	930 000
Financial Income	0	0	1 000	1 000
Financial Costs	249 000	405 000	494 000	472 000
Financial Balance	−249 000	−405 000	−493 000	−471 000
Earnings Before Tax	−955 000	517 000	519 000	459 000
Tax	−184 000	114 000	114 000	101 000
Net Income	−771 000	403 000	405 000	358 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 971 000	17 744 000	17 849 000	17 368 000
Total Current Assets	2 465 000	2 758 000	3 198 000	4 202 000
Total Assets	9 437 000	20 502 000	21 047 000	21 569 000
Total Retained Equity	210 000	980 000	577 000	172 000
Total Equity	240 000	1 010 000	607 000	202 000
Total Long-Term Debt	9 160 000	19 349 000	20 297 000	20 701 000
Total Current Debt	37 000	142 000	143 000	666 000
Total Equity and Debt	9 437 000	20 502 000	21 047 000	21 569 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	693 000	1 617 000	1 502 000	1 469 000
Revenue	693 000	1 617 000	1 502 000	1 469 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	156 000	254 000	203 000	190 000
Impairment	0	0	0	0
Expenditure	1 399 000	695 000	490 000	538 000
Operating Profit	−706 000	922 000	1 012 000	930 000
Financial Income	0	0	1 000	1 000
Financial Costs	249 000	405 000	494 000	472 000
Financial Balance	−249 000	−405 000	−493 000	−471 000
Dividends	0	0	0	0
Net Income	−771 000	403 000	405 000	358 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 971 000	17 744 000	17 849 000	17 365 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	2 000
Total Tangible Assets	6 971 000	17 744 000	17 849 000	17 368 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 971 000	17 744 000	17 849 000	17 368 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 461 000	2 669 000	3 111 000	3 555 000
Total Current Assets	2 465 000	2 758 000	3 198 000	4 202 000
Total Assets	9 437 000	20 502 000	21 047 000	21 569 000
Total Equity	240 000	1 010 000	607 000	202 000
Short-Term Group Debt	0	0	0	429 000
Total Long-Term Debt	9 160 000	19 349 000	20 297 000	20 701 000
Creditors	15 000	4 000	36 000	35 000
Unpaid Taxes	11 000	12 000	−80 000	0
Dividends	0	0	0	0
Other Current Debt	10 000	10 000	118 000	203 000
Total Current Debt	37 000	142 000	143 000	666 000
Total Equity and Debt	9 437 000	20 502 000	21 047 000	21 569 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−321,25 %	39,9 %	66,72 %	177,23 %
Debt-to-Equity Ratio	38,17	19,16	33,44	102,48
Operating Profit Margin	−101,88 %	57,02 %	67,38 %	63,31 %
Current Ratio	66,62	19,42	22,36	6,31
Quick Ratio	66,62	19,42	22,36	6,31
Equity Ratio	0,03	0,05	0,03	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %