HELSTAD LANBRUKSVERKSTED AS

7980 TERRÅK

Finances

Share Ownership

Return on Equity

32,97 %

Current Ratio

0,99

Debt-to-Equity Ratio

1,73

Key figures (NOK)	2022	2021	2020
Revenue	31 725 000	22 779 000	4 967 000
Net Income	151 000	286 000	−3 000
Total Assets	4 351 000	3 419 000	1 807 000
Total Equity	458 000	308 000	22 000

Income (NOK)	2022	2021	2020
Revenue	31 725 000	22 779 000	4 967 000
Expenditure	31 508 000	22 405 000	4 969 000
Operating Profit	217 000	373 000	−3 000
Financial Income	0	1 000	0
Financial Costs	23 000	10 000	0
Financial Balance	−23 000	−9 000	0
Earnings Before Tax	194 000	364 000	−3 000
Tax	43 000	78 000	0
Net Income	151 000	286 000	−3 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 284 000	535 000	131 000
Total Current Assets	3 067 000	2 884 000	1 676 000
Total Assets	4 351 000	3 419 000	1 807 000
Total Retained Equity	434 000	283 000	−3 000
Total Equity	458 000	308 000	22 000
Total Long-Term Debt	794 000	416 000	0
Total Current Debt	3 098 000	2 696 000	1 785 000
Total Equity and Debt	4 351 000	3 419 000	1 807 000

Cash flow (NOK)	2022	2021	2020
Sales Income	31 454 000	22 778 000	4 967 000
Other Income	271 000	0	0
Revenue	31 725 000	22 779 000	4 967 000
Cost of Goods Sold	29 207 000	20 556 000	4 715 000
Salary Costs	1 021 000	836 000	121 000
Depreciation	89 000	17 000	2 000
Impairment	0	0	0
Expenditure	31 508 000	22 405 000	4 969 000
Operating Profit	217 000	373 000	−3 000
Financial Income	0	1 000	0
Financial Costs	23 000	10 000	0
Financial Balance	−23 000	−9 000	0
Dividends	0	0	0
Net Income	151 000	286 000	−3 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	250 000	0	0
Machinery and Plant Facilities	972 000	495 000	131 000
Fixtures	62 000	41 000	0
Total Tangible Assets	1 284 000	535 000	131 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 284 000	535 000	131 000
Stock	827 000	767 000	287 000
Total Investments	0	0	0
Cash, Bank	673 000	545 000	633 000
Total Current Assets	3 067 000	2 884 000	1 676 000
Total Assets	4 351 000	3 419 000	1 807 000
Total Equity	458 000	308 000	22 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	794 000	416 000	0
Creditors	2 878 000	2 429 000	1 510 000
Unpaid Taxes	43 000	81 000	91 000
Dividends	0	0	0
Other Current Debt	178 000	133 000	184 000
Total Current Debt	3 098 000	2 696 000	1 785 000
Total Equity and Debt	4 351 000	3 419 000	1 807 000

Financial indicators	2022	2021	2020
Return on Equity	32,97 %	92,86 %	−13,64 %
Debt-to-Equity Ratio	1,73	1,35	0
Operating Profit Margin	0,68 %	1,64 %	−0,06 %
Current Ratio	0,99	1,07	0,94
Quick Ratio	1,35	1,5	1,12
Equity Ratio	0,11	0,09	0,01
Gross Profit Margin	7,94 %	9,76 %	5,07 %