HELGAFOSSEN AS

2656 FOLLEBU

Finances

Return on Equity

−73,33 %

Current Ratio

0,02

Debt-to-Equity Ratio

13,83

Key figures (NOK)	2022	2021	2020
Revenue	0	0	0
Net Income	−110 000	−128 000	−101 000
Total Assets	3 830 000	3 810 000	3 984 000
Total Equity	150 000	260 000	388 000

Income (NOK)	2022	2021	2020
Revenue	0	0	0
Expenditure	15 000	19 000	14 000
Operating Profit	−15 000	−19 000	−14 000
Financial Income	30 000	0	0
Financial Costs	125 000	109 000	86 000
Financial Balance	−95 000	−109 000	−86 000
Earnings Before Tax	−110 000	−128 000	−101 000
Tax	0	0	0
Net Income	−110 000	−128 000	−101 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	3 800 000	3 800 000	3 800 000
Total Current Assets	30 000	10 000	183 000
Total Assets	3 830 000	3 810 000	3 984 000
Total Retained Equity	−339 000	−229 000	−101 000
Total Equity	150 000	260 000	388 000
Total Long-Term Debt	2 075 000	2 250 000	2 417 000
Total Current Debt	1 605 000	1 300 000	1 179 000
Total Equity and Debt	3 830 000	3 810 000	3 984 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	0	0
Revenue	0	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	15 000	19 000	14 000
Operating Profit	−15 000	−19 000	−14 000
Financial Income	30 000	0	0
Financial Costs	125 000	109 000	86 000
Financial Balance	−95 000	−109 000	−86 000
Dividends	0	0	0
Net Income	−110 000	−128 000	−101 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	3 800 000	3 800 000	3 800 000
Total Fixed Assets	3 800 000	3 800 000	3 800 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 000	10 000	183 000
Total Current Assets	30 000	10 000	183 000
Total Assets	3 830 000	3 810 000	3 984 000
Total Equity	150 000	260 000	388 000
Short-Term Group Debt	559 000	260 000	140 000
Total Long-Term Debt	2 075 000	2 250 000	2 417 000
Creditors	1 000	2 000	7 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	1 046 000	1 038 000	1 032 000
Total Current Debt	1 605 000	1 300 000	1 179 000
Total Equity and Debt	3 830 000	3 810 000	3 984 000

Financial indicators	2022	2021	2020
Return on Equity	−73,33 %	−49,23 %	−26,03 %
Debt-to-Equity Ratio	13,83	8,65	6,23
Operating Profit Margin	-	-	-
Current Ratio	0,02	0,01	0,16
Quick Ratio	0,02	0,01	0,16
Equity Ratio	0,04	0,07	0,1
Gross Profit Margin	-	-	-