HELIFUEL AS

5555 FØRDE I HORDALAND

Finances

Share Ownership

Return on Equity

1 166,81 %

Current Ratio

1,5

Debt-to-Equity Ratio

−16,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 938 000	29 455 000	47 642 000	54 143 000
Net Income	−10 688 000	−4 045 000	6 634 000	4 182 000
Total Assets	22 936 000	30 147 000	22 322 000	38 967 000
Total Equity	−916 000	9 772 000	5 310 000	17 312 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 938 000	29 455 000	47 642 000	54 143 000
Expenditure	26 659 000	22 330 000	21 003 000	22 832 000
Operating Profit	−10 514 000	−3 850 000	7 979 000	6 493 000
Financial Income	−174 000	−118 000	533 000	754 000
Financial Costs	0	243 000	0	1 924 000
Financial Balance	−174 000	−361 000	533 000	−1 170 000
Earnings Before Tax	−10 688 000	−4 211 000	8 512 000	5 323 000
Tax	0	−166 000	1 879 000	1 141 000
Net Income	−10 688 000	−4 045 000	6 634 000	4 182 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 669 000	3 815 000	2 785 000	3 247 000
Total Current Assets	13 267 000	26 331 000	19 537 000	35 721 000
Total Assets	22 936 000	30 147 000	22 322 000	38 967 000
Total Retained Equity	−1 285 000	896 000	4 941 000	16 943 000
Total Equity	−916 000	9 772 000	5 310 000	17 312 000
Total Long-Term Debt	15 000 000	7 000 000	3 166 000	3 325 000
Total Current Debt	8 852 000	13 375 000	13 847 000	18 331 000
Total Equity and Debt	22 936 000	30 147 000	22 322 000	38 967 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 783 000	25 368 000	47 642 000	53 927 000
Other Income	1 155 000	4 086 000	0	216 000
Revenue	29 938 000	29 455 000	47 642 000	54 143 000
Cost of Goods Sold	0	0	0	0
Salary Costs	14 788 000	12 272 000	14 908 000	14 795 000
Depreciation	918 000	775 000	823 000	899 000
Impairment	0	0	0	0
Expenditure	26 659 000	22 330 000	21 003 000	22 832 000
Operating Profit	−10 514 000	−3 850 000	7 979 000	6 493 000
Financial Income	−174 000	−118 000	533 000	754 000
Financial Costs	0	243 000	0	1 924 000
Financial Balance	−174 000	−361 000	533 000	−1 170 000
Dividends	0	0	12 000 000	0
Net Income	−10 688 000	−4 045 000	6 634 000	4 182 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 359 000	1 532 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 310 000	2 283 000	2 542 000	3 004 000
Total Tangible Assets	7 310 000	2 283 000	2 542 000	3 004 000
Total Fiancial Fixed Assets	0	0	243 000	243 000
Total Fixed Assets	9 669 000	3 815 000	2 785 000	3 247 000
Stock	3 302 000	2 346 000	3 897 000	7 767 000
Total Investments	0	0	0	0
Cash, Bank	2 066 000	5 023 000	9 120 000	7 385 000
Total Current Assets	13 267 000	26 331 000	19 537 000	35 721 000
Total Assets	22 936 000	30 147 000	22 322 000	38 967 000
Total Equity	−916 000	9 772 000	5 310 000	17 312 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 000 000	7 000 000	3 166 000	3 325 000
Creditors	6 126 000	2 394 000	1 265 000	5 064 000
Unpaid Taxes	762 000	882 000	1 261 000	1 262 000
Dividends	0	0	12 000 000	0
Other Current Debt	1 964 000	10 022 000	11 321 000	10 829 000
Total Current Debt	8 852 000	13 375 000	13 847 000	18 331 000
Total Equity and Debt	22 936 000	30 147 000	22 322 000	38 967 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 166,81 %	−41,39 %	124,93 %	24,16 %
Debt-to-Equity Ratio	−16,38	0,72	0,6	0,19
Operating Profit Margin	−35,12 %	−13,07 %	16,75 %	11,99 %
Current Ratio	1,5	1,97	1,41	1,95
Quick Ratio	2,39	2,39	1,96	3,38
Equity Ratio	−0,04	0,32	0,24	0,44
Gross Profit Margin	100 %	100 %	100 %	100 %