GEIR HELLAND AS

1348 RYKKINN

Finances

Share Ownership

Return on Equity

64,67 %

Current Ratio

5,22

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	336 000	202 000	421 000	618 000
Net Income	119 000	−202 000	−165 000	3 000
Total Assets	282 000	142 000	332 000	463 000
Total Equity	184 000	65 000	284 000	449 000

Income (NOK)	2022	2021	2020	2019
Revenue	336 000	202 000	421 000	618 000
Expenditure	218 000	406 000	593 000	611 000
Operating Profit	117 000	−204 000	−172 000	7 000
Financial Income	3 000	2 000	0	0
Financial Costs	0	0	0	0
Financial Balance	3 000	2 000	0	0
Earnings Before Tax	119 000	−202 000	−172 000	7 000
Tax	0	0	−7 000	4 000
Net Income	119 000	−202 000	−165 000	3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	1 000	0	1 000
Total Current Assets	282 000	141 000	332 000	462 000
Total Assets	282 000	142 000	332 000	463 000
Total Retained Equity	0	−35 000	166 000	332 000
Total Equity	184 000	65 000	284 000	449 000
Total Long-Term Debt	44 000	0	0	0
Total Current Debt	54 000	78 000	48 000	13 000
Total Equity and Debt	282 000	142 000	332 000	463 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	336 000	202 000	421 000	618 000
Other Income	0	0	0	0
Revenue	336 000	202 000	421 000	618 000
Cost of Goods Sold	41 000	0	26 000	17 000
Salary Costs	135 000	340 000	433 000	434 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	218 000	406 000	593 000	611 000
Operating Profit	117 000	−204 000	−172 000	7 000
Financial Income	3 000	2 000	0	0
Financial Costs	0	0	0	0
Financial Balance	3 000	2 000	0	0
Dividends	0	0	0	0
Net Income	119 000	−202 000	−165 000	3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	1 000	0	0
Total Fixed Assets	0	1 000	0	1 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	40 000	43 000	177 000	227 000
Total Current Assets	282 000	141 000	332 000	462 000
Total Assets	282 000	142 000	332 000	463 000
Total Equity	184 000	65 000	284 000	449 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	44 000	0	0	0
Creditors	6 000	2 000	−7 000	−6 000
Unpaid Taxes	26 000	27 000	2 000	0
Dividends	0	0	0	0
Other Current Debt	22 000	48 000	53 000	46 000
Total Current Debt	54 000	78 000	48 000	13 000
Total Equity and Debt	282 000	142 000	332 000	463 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,67 %	−310,77 %	−58,1 %	0,67 %
Debt-to-Equity Ratio	0,24	0	0	0
Operating Profit Margin	34,82 %	−100,99 %	−40,86 %	1,13 %
Current Ratio	5,22	1,81	6,92	35,54
Quick Ratio	5,22	1,81	6,92	35,54
Equity Ratio	0,65	0,46	0,86	0,97
Gross Profit Margin	87,8 %	100 %	93,82 %	97,25 %