HELSTAD AS

2406 ELVERUM

Finances

Share Ownership

Return on Equity

13,01 %

Current Ratio

1,47

Debt-to-Equity Ratio

2,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	75 708 000	76 028 000	75 455 000	71 752 000
Net Income	173 000	61 000	1 417 000	82 000
Total Assets	10 334 000	10 943 000	11 766 000	10 885 000
Total Equity	1 330 000	1 307 000	1 246 000	229 000

Income (NOK)	2022	2021	2020	2019
Revenue	75 708 000	76 028 000	75 455 000	71 752 000
Expenditure	75 359 000	75 832 000	73 479 000	71 444 000
Operating Profit	348 000	195 000	1 976 000	308 000
Financial Income	13 000	12 000	12 000	6 000
Financial Costs	128 000	127 000	158 000	206 000
Financial Balance	−115 000	−115 000	−146 000	−200 000
Earnings Before Tax	233 000	81 000	1 830 000	108 000
Tax	59 000	20 000	413 000	26 000
Net Income	173 000	61 000	1 417 000	82 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 784 000	1 839 000	2 665 000	3 673 000
Total Current Assets	8 550 000	9 105 000	9 101 000	7 212 000
Total Assets	10 334 000	10 943 000	11 766 000	10 885 000
Total Retained Equity	930 000	907 000	846 000	−171 000
Total Equity	1 330 000	1 307 000	1 246 000	229 000
Total Long-Term Debt	3 201 000	4 106 000	5 244 000	5 867 000
Total Current Debt	5 803 000	5 530 000	5 276 000	4 789 000
Total Equity and Debt	10 334 000	10 943 000	11 766 000	10 885 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	75 415 000	75 918 000	75 336 000	71 650 000
Other Income	293 000	110 000	119 000	103 000
Revenue	75 708 000	76 028 000	75 455 000	71 752 000
Cost of Goods Sold	53 835 000	55 226 000	53 999 000	51 725 000
Salary Costs	11 321 000	10 825 000	10 426 000	10 669 000
Depreciation	431 000	1 016 000	956 000	1 077 000
Impairment	0	0	0	0
Expenditure	75 359 000	75 832 000	73 479 000	71 444 000
Operating Profit	348 000	195 000	1 976 000	308 000
Financial Income	13 000	12 000	12 000	6 000
Financial Costs	128 000	127 000	158 000	206 000
Financial Balance	−115 000	−115 000	−146 000	−200 000
Dividends	150 000	0	400 000	0
Net Income	173 000	61 000	1 417 000	82 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	530 000	589 000	609 000	1 022 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	76 000	183 000	884 000	1 557 000
Fixtures	1 177 000	1 067 000	1 172 000	1 095 000
Total Tangible Assets	1 254 000	1 250 000	2 056 000	2 652 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 784 000	1 839 000	2 665 000	3 673 000
Stock	4 104 000	3 887 000	3 626 000	3 721 000
Total Investments	0	0	0	0
Cash, Bank	2 282 000	1 972 000	2 400 000	835 000
Total Current Assets	8 550 000	9 105 000	9 101 000	7 212 000
Total Assets	10 334 000	10 943 000	11 766 000	10 885 000
Total Equity	1 330 000	1 307 000	1 246 000	229 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 201 000	4 106 000	5 244 000	5 867 000
Creditors	3 458 000	3 512 000	2 765 000	3 065 000
Unpaid Taxes	1 030 000	838 000	1 074 000	771 000
Dividends	150 000	0	400 000	0
Other Current Debt	1 165 000	1 181 000	1 037 000	953 000
Total Current Debt	5 803 000	5 530 000	5 276 000	4 789 000
Total Equity and Debt	10 334 000	10 943 000	11 766 000	10 885 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,01 %	4,67 %	113,72 %	35,81 %
Debt-to-Equity Ratio	2,41	3,14	4,21	25,62
Operating Profit Margin	0,46 %	0,26 %	2,62 %	0,43 %
Current Ratio	1,47	1,65	1,72	1,51
Quick Ratio	5,03	5,54	5,52	6,75
Equity Ratio	0,13	0,12	0,11	0,02
Gross Profit Margin	28,89 %	27,36 %	28,44 %	27,91 %