HELGE KARLSEN AS

1178 OSLO

Finances

Share Ownership

Return on Equity

−24,19 %

Current Ratio

−67,2

Debt-to-Equity Ratio

−2,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	356 000	573 000	180 000	1 068 000
Net Income	52 000	10 000	348 000	247 000
Total Assets	336 000	365 000	343 000	634 000
Total Equity	−215 000	−267 000	−277 000	−626 000

Income (NOK)	2022	2021	2020	2019
Revenue	356 000	573 000	180 000	1 068 000
Expenditure	303 000	550 000	−194 000	817 000
Operating Profit	53 000	23 000	374 000	252 000
Financial Income	0	0	0	3 000
Financial Costs	1 000	13 000	26 000	8 000
Financial Balance	−1 000	−13 000	−26 000	−5 000
Earnings Before Tax	52 000	10 000	348 000	247 000
Tax	0	0	0	0
Net Income	52 000	10 000	348 000	247 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	336 000	365 000	343 000	634 000
Total Assets	336 000	365 000	343 000	634 000
Total Retained Equity	−315 000	−367 000	−377 000	−726 000
Total Equity	−215 000	−267 000	−277 000	−626 000
Total Long-Term Debt	556 000	538 000	521 000	740 000
Total Current Debt	−5 000	94 000	100 000	519 000
Total Equity and Debt	336 000	365 000	343 000	634 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	356 000	573 000	180 000	1 068 000
Other Income	0	0	0	0
Revenue	356 000	573 000	180 000	1 068 000
Cost of Goods Sold	83 000	319 000	−361 000	524 000
Salary Costs	0	0	0	5 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	303 000	550 000	−194 000	817 000
Operating Profit	53 000	23 000	374 000	252 000
Financial Income	0	0	0	3 000
Financial Costs	1 000	13 000	26 000	8 000
Financial Balance	−1 000	−13 000	−26 000	−5 000
Dividends	0	0	0	0
Net Income	52 000	10 000	348 000	247 000

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	45 000	2 000	117 000	370 000
Total Current Assets	336 000	365 000	343 000	634 000
Total Assets	336 000	365 000	343 000	634 000
Total Equity	−215 000	−267 000	−277 000	−626 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	556 000	538 000	521 000	740 000
Creditors	−11 000	3 000	9 000	502 000
Unpaid Taxes	5 000	92 000	91 000	17 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	−5 000	94 000	100 000	519 000
Total Equity and Debt	336 000	365 000	343 000	634 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−24,19 %	−3,75 %	−125,63 %	−39,46 %
Debt-to-Equity Ratio	−2,59	−2,01	−1,88	−1,18
Operating Profit Margin	14,89 %	4,01 %	207,78 %	23,6 %
Current Ratio	−67,2	3,88	3,43	1,22
Quick Ratio	−67,2	3,88	3,43	1,22
Equity Ratio	−0,64	−0,73	−0,81	−0,99
Gross Profit Margin	76,69 %	44,33 %	300,56 %	50,94 %