HELIX AS

8800 SANDNESSJØEN

Finances

Share Ownership

Return on Equity

1,25 %

Current Ratio

2,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 731 000	3 488 000	3 538 000	4 025 000
Net Income	7 000	134 000	68 000	33 000
Total Assets	1 005 000	1 173 000	1 030 000	1 075 000
Total Equity	559 000	551 000	418 000	350 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 731 000	3 488 000	3 538 000	4 025 000
Expenditure	2 720 000	3 315 000	3 448 000	3 978 000
Operating Profit	11 000	173 000	90 000	47 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	0	0	1 000	4 000
Financial Balance	1 000	0	0	−3 000
Earnings Before Tax	12 000	172 000	90 000	44 000
Tax	4 000	39 000	22 000	11 000
Net Income	7 000	134 000	68 000	33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 000	52 000	77 000	118 000
Total Current Assets	978 000	1 121 000	953 000	957 000
Total Assets	1 005 000	1 173 000	1 030 000	1 075 000
Total Retained Equity	459 000	451 000	318 000	250 000
Total Equity	559 000	551 000	418 000	350 000
Total Long-Term Debt	0	0	0	38 000
Total Current Debt	446 000	621 000	613 000	688 000
Total Equity and Debt	1 005 000	1 173 000	1 030 000	1 075 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 731 000	3 488 000	3 489 000	4 025 000
Other Income	0	0	49 000	0
Revenue	2 731 000	3 488 000	3 538 000	4 025 000
Cost of Goods Sold	333 000	364 000	339 000	469 000
Salary Costs	1 612 000	2 196 000	2 320 000	2 713 000
Depreciation	30 000	30 000	38 000	48 000
Impairment	0	0	0	0
Expenditure	2 720 000	3 315 000	3 448 000	3 978 000
Operating Profit	11 000	173 000	90 000	47 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	0	0	1 000	4 000
Financial Balance	1 000	0	0	−3 000
Dividends	0	0	0	0
Net Income	7 000	134 000	68 000	33 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 000	9 000	5 000	8 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	13 000	43 000	72 000	110 000
Total Tangible Assets	13 000	43 000	72 000	110 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	27 000	52 000	77 000	118 000
Stock	171 000	188 000	169 000	172 000
Total Investments	0	0	0	0
Cash, Bank	730 000	853 000	726 000	729 000
Total Current Assets	978 000	1 121 000	953 000	957 000
Total Assets	1 005 000	1 173 000	1 030 000	1 075 000
Total Equity	559 000	551 000	418 000	350 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	38 000
Creditors	43 000	49 000	65 000	62 000
Unpaid Taxes	161 000	227 000	250 000	279 000
Dividends	0	0	0	0
Other Current Debt	233 000	302 000	279 000	337 000
Total Current Debt	446 000	621 000	613 000	688 000
Total Equity and Debt	1 005 000	1 173 000	1 030 000	1 075 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,25 %	24,32 %	16,27 %	9,43 %
Debt-to-Equity Ratio	0	0	0	0,11
Operating Profit Margin	0,4 %	4,96 %	2,54 %	1,17 %
Current Ratio	2,19	1,81	1,55	1,39
Quick Ratio	3,56	2,59	2,15	1,85
Equity Ratio	0,56	0,47	0,41	0,33
Gross Profit Margin	87,81 %	89,56 %	90,42 %	88,35 %