HELGELAND EIENDOMSSERVICE AS

8800 SANDNESSJØEN

Finances

Return on Equity

22,58 %

Current Ratio

7,98

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	233 000	336 000	379 000	346 000
Net Income	163 000	229 000	25 000	137 000
Total Assets	1 044 000	885 000	710 000	679 000
Total Equity	722 000	559 000	331 000	306 000

Income (NOK)	2022	2021	2020	2019
Revenue	233 000	336 000	379 000	346 000
Expenditure	51 000	106 000	350 000	204 000
Operating Profit	182 000	230 000	29 000	143 000
Financial Income	0	0	0	0
Financial Costs	5 000	1 000	5 000	6 000
Financial Balance	−5 000	−1 000	−5 000	−6 000
Earnings Before Tax	177 000	229 000	25 000	137 000
Tax	14 000	0	0	0
Net Income	163 000	229 000	25 000	137 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	613 000	555 000	555 000	550 000
Total Current Assets	431 000	330 000	155 000	129 000
Total Assets	1 044 000	885 000	710 000	679 000
Total Retained Equity	572 000	409 000	181 000	156 000
Total Equity	722 000	559 000	331 000	306 000
Total Long-Term Debt	267 000	263 000	261 000	283 000
Total Current Debt	54 000	63 000	118 000	90 000
Total Equity and Debt	1 044 000	885 000	710 000	679 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	233 000	288 000	379 000	341 000
Other Income	0	48 000	0	5 000
Revenue	233 000	336 000	379 000	346 000
Cost of Goods Sold	4 000	11 000	22 000	9 000
Salary Costs	0	36 000	238 000	90 000
Depreciation	3 000	0	25 000	36 000
Impairment	0	0	0	0
Expenditure	51 000	106 000	350 000	204 000
Operating Profit	182 000	230 000	29 000	143 000
Financial Income	0	0	0	0
Financial Costs	5 000	1 000	5 000	6 000
Financial Balance	−5 000	−1 000	−5 000	−6 000
Dividends	0	0	0	0
Net Income	163 000	229 000	25 000	137 000

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	30 000	0	0	25 000
Fixtures	0	0	0	0
Total Tangible Assets	30 000	0	0	25 000
Total Fiancial Fixed Assets	583 000	555 000	555 000	525 000
Total Fixed Assets	613 000	555 000	555 000	550 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	421 000	330 000	154 000	116 000
Total Current Assets	431 000	330 000	155 000	129 000
Total Assets	1 044 000	885 000	710 000	679 000
Total Equity	722 000	559 000	331 000	306 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	267 000	263 000	261 000	283 000
Creditors	5 000	1 000	3 000	0
Unpaid Taxes	32 000	58 000	87 000	77 000
Dividends	0	0	0	0
Other Current Debt	4 000	4 000	29 000	12 000
Total Current Debt	54 000	63 000	118 000	90 000
Total Equity and Debt	1 044 000	885 000	710 000	679 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,58 %	40,97 %	7,55 %	44,77 %
Debt-to-Equity Ratio	0,37	0,47	0,79	0,92
Operating Profit Margin	78,11 %	68,45 %	7,65 %	41,33 %
Current Ratio	7,98	5,24	1,31	1,43
Quick Ratio	7,98	5,24	1,31	1,43
Equity Ratio	0,69	0,63	0,47	0,45
Gross Profit Margin	98,28 %	96,73 %	94,2 %	97,4 %