HELIN AS

8800 SANDNESSJØEN

Finances

Return on Equity

−9,24 %

Current Ratio

1,32

Debt-to-Equity Ratio

2,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	704 000	212 000	98 000	214 000
Net Income	−107 000	−169 000	−197 000	−101 000
Total Assets	4 062 000	3 328 000	3 185 000	3 475 000
Total Equity	1 158 000	1 035 000	1 064 000	1 155 000

Income (NOK)	2022	2021	2020	2019
Revenue	704 000	212 000	98 000	214 000
Expenditure	710 000	341 000	260 000	253 000
Operating Profit	−6 000	−129 000	−163 000	−39 000
Financial Income	0	0	0	0
Financial Costs	131 000	87 000	89 000	91 000
Financial Balance	−131 000	−87 000	−89 000	−91 000
Earnings Before Tax	−137 000	−216 000	−252 000	−130 000
Tax	−30 000	−48 000	−55 000	−28 000
Net Income	−107 000	−169 000	−197 000	−101 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 662 000	2 942 000	3 072 000	3 233 000
Total Current Assets	401 000	386 000	114 000	242 000
Total Assets	4 062 000	3 328 000	3 185 000	3 475 000
Total Retained Equity	702 000	579 000	608 000	805 000
Total Equity	1 158 000	1 035 000	1 064 000	1 155 000
Total Long-Term Debt	2 601 000	2 163 000	2 078 000	2 223 000
Total Current Debt	303 000	129 000	43 000	97 000
Total Equity and Debt	4 062 000	3 328 000	3 185 000	3 475 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	230 000	74 000	38 000	114 000
Other Income	473 000	138 000	60 000	100 000
Revenue	704 000	212 000	98 000	214 000
Cost of Goods Sold	122 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	154 000	129 000	129 000	34 000
Impairment	0	0	0	0
Expenditure	710 000	341 000	260 000	253 000
Operating Profit	−6 000	−129 000	−163 000	−39 000
Financial Income	0	0	0	0
Financial Costs	131 000	87 000	89 000	91 000
Financial Balance	−131 000	−87 000	−89 000	−91 000
Dividends	0	0	0	0
Net Income	−107 000	−169 000	−197 000	−101 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 339 000	2 620 000	2 749 000	2 879 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 339 000	2 620 000	2 749 000	2 879 000
Total Fiancial Fixed Assets	322 000	322 000	322 000	355 000
Total Fixed Assets	3 662 000	2 942 000	3 072 000	3 233 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	155 000	39 000	33 000	147 000
Total Current Assets	401 000	386 000	114 000	242 000
Total Assets	4 062 000	3 328 000	3 185 000	3 475 000
Total Equity	1 158 000	1 035 000	1 064 000	1 155 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 601 000	2 163 000	2 078 000	2 223 000
Creditors	254 000	67 000	2 000	10 000
Unpaid Taxes	0	20 000	3 000	17 000
Dividends	0	0	0	0
Other Current Debt	50 000	43 000	38 000	70 000
Total Current Debt	303 000	129 000	43 000	97 000
Total Equity and Debt	4 062 000	3 328 000	3 185 000	3 475 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,24 %	−16,33 %	−18,52 %	−8,74 %
Debt-to-Equity Ratio	2,25	2,09	1,95	1,92
Operating Profit Margin	−0,85 %	−60,85 %	−166,33 %	−18,22 %
Current Ratio	1,32	2,99	2,65	2,49
Quick Ratio	1,32	2,99	2,65	2,49
Equity Ratio	0,29	0,31	0,33	0,33
Gross Profit Margin	82,67 %	100 %	100 %	100 %