HELGE BOLSTAD AS

1258 OSLO

Finances

Share Ownership

Return on Equity

48,67 %

Current Ratio

4,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 285 000	802 000	979 000	710 000
Net Income	347 000	88 000	90 000	−59 000
Total Assets	932 000	499 000	386 000	342 000
Total Equity	713 000	366 000	278 000	188 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 285 000	802 000	979 000	710 000
Expenditure	847 000	715 000	889 000	769 000
Operating Profit	438 000	87 000	89 000	−59 000
Financial Income	2 000	1 000	2 000	2 000
Financial Costs	0	0	1 000	1 000
Financial Balance	2 000	1 000	1 000	1 000
Earnings Before Tax	440 000	88 000	90 000	−59 000
Tax	92 000	0	0	0
Net Income	347 000	88 000	90 000	−59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	932 000	499 000	386 000	342 000
Total Assets	932 000	499 000	386 000	342 000
Total Retained Equity	613 000	266 000	178 000	88 000
Total Equity	713 000	366 000	278 000	188 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	219 000	133 000	108 000	154 000
Total Equity and Debt	932 000	499 000	386 000	342 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 285 000	802 000	979 000	710 000
Revenue	1 285 000	802 000	979 000	710 000
Cost of Goods Sold	0	1 000	1 000	0
Salary Costs	599 000	653 000	671 000	495 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	847 000	715 000	889 000	769 000
Operating Profit	438 000	87 000	89 000	−59 000
Financial Income	2 000	1 000	2 000	2 000
Financial Costs	0	0	1 000	1 000
Financial Balance	2 000	1 000	1 000	1 000
Dividends	0	0	0	0
Net Income	347 000	88 000	90 000	−59 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	894 000	482 000	294 000	336 000
Total Current Assets	932 000	499 000	386 000	342 000
Total Assets	932 000	499 000	386 000	342 000
Total Equity	713 000	366 000	278 000	188 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	3 000	1 000	1 000
Unpaid Taxes	60 000	53 000	32 000	62 000
Dividends	0	0	0	0
Other Current Debt	63 000	77 000	75 000	91 000
Total Current Debt	219 000	133 000	108 000	154 000
Total Equity and Debt	932 000	499 000	386 000	342 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,67 %	24,04 %	32,37 %	−31,38 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	34,09 %	10,85 %	9,09 %	−8,31 %
Current Ratio	4,26	3,75	3,57	2,22
Quick Ratio	4,26	3,75	3,57	2,22
Equity Ratio	0,77	0,73	0,72	0,55
Gross Profit Margin	100 %	99,88 %	99,9 %	100 %