OLE HELLAND AS

8226 STRAUMEN

Finances

Share Ownership

Return on Equity

−23,42 %

Current Ratio

9,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 228 000	2 266 000	3 271 000	2 861 000
Net Income	−855 000	−522 000	−108 000	339 000
Total Assets	3 886 000	4 916 000	5 664 000	7 102 000
Total Equity	3 651 000	4 505 000	5 028 000	5 135 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 228 000	2 266 000	3 271 000	2 861 000
Expenditure	2 119 000	2 801 000	3 376 000	2 426 000
Operating Profit	−891 000	−535 000	−104 000	434 000
Financial Income	42 000	20 000	49 000	64 000
Financial Costs	5 000	7 000	11 000	9 000
Financial Balance	37 000	13 000	38 000	55 000
Earnings Before Tax	−855 000	−522 000	−66 000	490 000
Tax	0	0	42 000	151 000
Net Income	−855 000	−522 000	−108 000	339 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 759 000	2 197 000	2 759 000	3 321 000
Total Current Assets	2 127 000	2 718 000	2 905 000	3 782 000
Total Assets	3 886 000	4 916 000	5 664 000	7 102 000
Total Retained Equity	3 551 000	4 405 000	4 928 000	5 035 000
Total Equity	3 651 000	4 505 000	5 028 000	5 135 000
Total Long-Term Debt	0	0	105 000	105 000
Total Current Debt	235 000	410 000	531 000	1 862 000
Total Equity and Debt	3 886 000	4 916 000	5 664 000	7 102 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	125 000	0	0	0
Other Income	1 103 000	2 266 000	3 271 000	2 861 000
Revenue	1 228 000	2 266 000	3 271 000	2 861 000
Cost of Goods Sold	55 000	0	13 000	14 000
Salary Costs	957 000	1 049 000	1 014 000	808 000
Depreciation	438 000	562 000	562 000	517 000
Impairment	0	0	0	0
Expenditure	2 119 000	2 801 000	3 376 000	2 426 000
Operating Profit	−891 000	−535 000	−104 000	434 000
Financial Income	42 000	20 000	49 000	64 000
Financial Costs	5 000	7 000	11 000	9 000
Financial Balance	37 000	13 000	38 000	55 000
Dividends	0	0	0	0
Net Income	−855 000	−522 000	−108 000	339 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 654 000	2 032 000	2 534 000	3 036 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	105 000	165 000	225 000	285 000
Total Tangible Assets	1 759 000	2 197 000	2 759 000	3 321 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 759 000	2 197 000	2 759 000	3 321 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 596 000	2 195 000	2 259 000	3 775 000
Total Current Assets	2 127 000	2 718 000	2 905 000	3 782 000
Total Assets	3 886 000	4 916 000	5 664 000	7 102 000
Total Equity	3 651 000	4 505 000	5 028 000	5 135 000
Short-Term Group Debt	0	−10 000	191 000	191 000
Total Long-Term Debt	0	0	105 000	105 000
Creditors	76 000	50 000	156 000	−8 000
Unpaid Taxes	51 000	59 000	67 000	47 000
Dividends	0	0	0	0
Other Current Debt	109 000	312 000	76 000	1 481 000
Total Current Debt	235 000	410 000	531 000	1 862 000
Total Equity and Debt	3 886 000	4 916 000	5 664 000	7 102 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,42 %	−11,59 %	−2,15 %	6,6 %
Debt-to-Equity Ratio	0	0	0,02	0,02
Operating Profit Margin	−72,56 %	−23,61 %	−3,18 %	15,17 %
Current Ratio	9,05	6,63	5,47	2,03
Quick Ratio	9,05	6,63	5,47	2,03
Equity Ratio	0,94	0,92	0,89	0,72
Gross Profit Margin	95,52 %	100 %	99,6 %	99,51 %