Hellenesset Borettslag

5004 BERGEN

Finances

Share Ownership

Return on Equity

26,72 %

Current Ratio

6,87

Debt-to-Equity Ratio

−4,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 396 000	8 056 000	8 046 000	7 937 000
Net Income	−1 394 000	507 000	414 000	1 361 000
Total Assets	20 071 000	19 501 000	19 660 000	20 439 000
Total Equity	−5 218 000	−3 824 000	−4 331 000	−4 745 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 396 000	8 056 000	8 046 000	7 937 000
Expenditure	10 153 000	7 140 000	7 125 000	5 994 000
Operating Profit	−757 000	915 000	920 000	1 943 000
Financial Income	0	0	4 000	5 000
Financial Costs	−637 000	−408 000	−507 000	−582 000
Financial Balance	637 000	408 000	511 000	587 000
Earnings Before Tax	−1 394 000	507 000	414 000	1 361 000
Tax	0	0	0	0
Net Income	−1 394 000	507 000	414 000	1 361 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 836 000	18 704 000	18 704 000	18 704 000
Total Current Assets	1 236 000	797 000	956 000	1 735 000
Total Assets	20 071 000	19 501 000	19 660 000	20 439 000
Total Retained Equity	−7 463 000	−6 069 000	−6 576 000	−6 990 000
Total Equity	−5 218 000	−3 824 000	−4 331 000	−4 745 000
Total Long-Term Debt	25 110 000	22 242 000	23 543 000	24 767 000
Total Current Debt	180 000	1 083 000	448 000	417 000
Total Equity and Debt	20 071 000	19 501 000	19 660 000	20 439 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	9 396 000	8 056 000	8 046 000	7 937 000
Revenue	9 396 000	8 056 000	8 046 000	7 937 000
Cost of Goods Sold	0	0	0	0
Salary Costs	569 000	363 000	402 000	359 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	10 153 000	7 140 000	7 125 000	5 994 000
Operating Profit	−757 000	915 000	920 000	1 943 000
Financial Income	0	0	4 000	5 000
Financial Costs	−637 000	−408 000	−507 000	−582 000
Financial Balance	637 000	408 000	511 000	587 000
Dividends	0	0	0	0
Net Income	−1 394 000	507 000	414 000	1 361 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	18 704 000	18 704 000	18 704 000	18 704 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	131 000	0	0	0
Total Tangible Assets	18 836 000	18 704 000	18 704 000	18 704 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 836 000	18 704 000	18 704 000	18 704 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	2 000	267 000	1 029 000
Total Current Assets	1 236 000	797 000	956 000	1 735 000
Total Assets	20 071 000	19 501 000	19 660 000	20 439 000
Total Equity	−5 218 000	−3 824 000	−4 331 000	−4 745 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	25 110 000	22 242 000	23 543 000	24 767 000
Creditors	126 000	375 000	331 000	317 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	54 000	708 000	118 000	99 000
Total Current Debt	180 000	1 083 000	448 000	417 000
Total Equity and Debt	20 071 000	19 501 000	19 660 000	20 439 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,72 %	−13,26 %	−9,56 %	−28,68 %
Debt-to-Equity Ratio	−4,81	−5,82	−5,44	−5,22
Operating Profit Margin	−8,06 %	11,36 %	11,43 %	24,48 %
Current Ratio	6,87	0,74	2,13	4,16
Quick Ratio	6,87	0,74	2,13	4,16
Equity Ratio	−0,26	−0,2	−0,22	−0,23
Gross Profit Margin	100 %	100 %	100 %	100 %