HELSE VESTLAND AS

5300 KLEPPESTØ

Finances

Share Ownership

Return on Equity

51,43 %

Current Ratio

0,89

Debt-to-Equity Ratio

−3,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 448 000	3 087 000	2 847 000	190 000
Net Income	−18 000	20 000	−101 000	39 000
Total Assets	663 000	450 000	449 000	100 000
Total Equity	−35 000	−17 000	−38 000	63 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 448 000	3 087 000	2 847 000	190 000
Expenditure	2 454 000	3 049 000	2 976 000	150 000
Operating Profit	−5 000	39 000	−129 000	39 000
Financial Income	0	0	0	0
Financial Costs	13 000	0	0	0
Financial Balance	−13 000	0	0	0
Earnings Before Tax	−18 000	38 000	−129 000	39 000
Tax	0	18 000	−28 000	0
Net Income	−18 000	20 000	−101 000	39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	151 000	111 000	129 000	−206 000
Total Current Assets	512 000	339 000	320 000	307 000
Total Assets	663 000	450 000	449 000	100 000
Total Retained Equity	−60 000	−42 000	−62 000	39 000
Total Equity	−35 000	−17 000	−38 000	63 000
Total Long-Term Debt	123 000	99 000	174 000	0
Total Current Debt	576 000	369 000	313 000	37 000
Total Equity and Debt	663 000	450 000	449 000	100 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 445 000	3 053 000	2 847 000	190 000
Other Income	3 000	34 000	0	0
Revenue	2 448 000	3 087 000	2 847 000	190 000
Cost of Goods Sold	1 452 000	2 018 000	1 867 000	77 000
Salary Costs	626 000	744 000	744 000	4 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 454 000	3 049 000	2 976 000	150 000
Operating Profit	−5 000	39 000	−129 000	39 000
Financial Income	0	0	0	0
Financial Costs	13 000	0	0	0
Financial Balance	−13 000	0	0	0
Dividends	0	0	0	0
Net Income	−18 000	20 000	−101 000	39 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 000	10 000	28 000	−300 000
Real Eastate	94 000	94 000	94 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	94 000
Total Tangible Assets	94 000	94 000	94 000	94 000
Total Fiancial Fixed Assets	47 000	7 000	7 000	0
Total Fixed Assets	151 000	111 000	129 000	−206 000
Stock	233 000	233 000	256 000	249 000
Total Investments	0	0	0	0
Cash, Bank	229 000	90 000	62 000	58 000
Total Current Assets	512 000	339 000	320 000	307 000
Total Assets	663 000	450 000	449 000	100 000
Total Equity	−35 000	−17 000	−38 000	63 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	123 000	99 000	174 000	0
Creditors	307 000	141 000	91 000	80 000
Unpaid Taxes	104 000	13 000	50 000	−43 000
Dividends	0	0	0	0
Other Current Debt	165 000	215 000	172 000	0
Total Current Debt	576 000	369 000	313 000	37 000
Total Equity and Debt	663 000	450 000	449 000	100 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,43 %	−117,65 %	265,79 %	61,9 %
Debt-to-Equity Ratio	−3,51	−5,82	−4,58	0
Operating Profit Margin	−0,2 %	1,26 %	−4,53 %	20,53 %
Current Ratio	0,89	0,92	1,02	8,3
Quick Ratio	1,49	2,49	5,61	−1,45
Equity Ratio	−0,05	−0,04	−0,08	0,63
Gross Profit Margin	40,69 %	34,63 %	34,42 %	59,47 %