HELLES THERMOTRANSPORT AS

1820 SPYDEBERG

Finances

Share Ownership

Return on Equity

26,14 %

Current Ratio

1,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 190 000	29 603 000	29 961 000	29 516 000
Net Income	1 285 000	−73 000	436 000	781 000
Total Assets	10 063 000	7 862 000	8 610 000	9 579 000
Total Equity	4 916 000	4 131 000	4 404 000	4 268 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 190 000	29 603 000	29 961 000	29 516 000
Expenditure	36 750 000	29 671 000	29 493 000	28 248 000
Operating Profit	1 440 000	−67 000	467 000	1 268 000
Financial Income	75 000	41 000	5 000	4 000
Financial Costs	35 000	27 000	52 000	100 000
Financial Balance	40 000	14 000	−47 000	−96 000
Earnings Before Tax	1 480 000	−53 000	420 000	1 171 000
Tax	195 000	20 000	−16 000	390 000
Net Income	1 285 000	−73 000	436 000	781 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	497 000	484 000	977 000	1 534 000
Total Current Assets	9 566 000	7 378 000	7 633 000	8 044 000
Total Assets	10 063 000	7 862 000	8 610 000	9 579 000
Total Retained Equity	4 791 000	4 006 000	4 279 000	4 143 000
Total Equity	4 916 000	4 131 000	4 404 000	4 268 000
Total Long-Term Debt	0	0	147 000	1 251 000
Total Current Debt	5 146 000	3 731 000	4 058 000	4 060 000
Total Equity and Debt	10 063 000	7 862 000	8 610 000	9 579 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	37 426 000	29 603 000	29 960 000	29 254 000
Other Income	764 000	0	0	262 000
Revenue	38 190 000	29 603 000	29 961 000	29 516 000
Cost of Goods Sold	7 754 000	4 882 000	3 615 000	6 675 000
Salary Costs	8 813 000	8 203 000	8 769 000	7 884 000
Depreciation	391 000	549 000	584 000	694 000
Impairment	0	0	0	0
Expenditure	36 750 000	29 671 000	29 493 000	28 248 000
Operating Profit	1 440 000	−67 000	467 000	1 268 000
Financial Income	75 000	41 000	5 000	4 000
Financial Costs	35 000	27 000	52 000	100 000
Financial Balance	40 000	14 000	−47 000	−96 000
Dividends	500 000	200 000	300 000	300 000
Net Income	1 285 000	−73 000	436 000	781 000

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	497 000	484 000	977 000	1 534 000
Total Tangible Assets	497 000	484 000	977 000	1 534 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	497 000	484 000	977 000	1 534 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 216 000	3 242 000	3 174 000	3 220 000
Total Current Assets	9 566 000	7 378 000	7 633 000	8 044 000
Total Assets	10 063 000	7 862 000	8 610 000	9 579 000
Total Equity	4 916 000	4 131 000	4 404 000	4 268 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	147 000	1 251 000
Creditors	2 204 000	1 585 000	1 399 000	1 441 000
Unpaid Taxes	530 000	460 000	561 000	491 000
Dividends	500 000	200 000	300 000	300 000
Other Current Debt	1 718 000	1 467 000	1 691 000	1 562 000
Total Current Debt	5 146 000	3 731 000	4 058 000	4 060 000
Total Equity and Debt	10 063 000	7 862 000	8 610 000	9 579 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,14 %	−1,77 %	9,9 %	18,3 %
Debt-to-Equity Ratio	0	0	0,03	0,29
Operating Profit Margin	3,77 %	−0,23 %	1,56 %	4,3 %
Current Ratio	1,86	1,98	1,88	1,98
Quick Ratio	1,86	1,98	1,88	1,98
Equity Ratio	0,49	0,53	0,51	0,45
Gross Profit Margin	79,7 %	83,51 %	87,93 %	77,39 %