HELGE OLSEN EIENDOM AS

5535 HAUGESUND

Finances

Return on Equity

−1,28 %

Current Ratio

8,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−373 000	−306 000	−88 000	3 229 000
Total Assets	30 108 000	30 669 000	34 521 000	34 356 000
Total Equity	29 044 000	30 657 000	31 113 000	31 726 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	333 000	130 000	155 000	56 000
Operating Profit	−333 000	−130 000	−155 000	−56 000
Financial Income	72 000	1 024 000	70 000	3 303 000
Financial Costs	89 000	1 222 000	0	0
Financial Balance	−17 000	−198 000	70 000	3 303 000
Earnings Before Tax	−349 000	−328 000	−84 000	3 247 000
Tax	23 000	−22 000	3 000	18 000
Net Income	−373 000	−306 000	−88 000	3 229 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 798 000	19 162 000	24 722 000	20 972 000
Total Current Assets	9 309 000	11 507 000	9 799 000	13 384 000
Total Assets	30 108 000	30 669 000	34 521 000	34 356 000
Total Retained Equity	26 591 000	28 204 000	28 660 000	29 273 000
Total Equity	29 044 000	30 657 000	31 113 000	31 726 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 064 000	12 000	3 408 000	2 630 000
Total Equity and Debt	30 108 000	30 669 000	34 521 000	34 356 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	333 000	130 000	155 000	56 000
Operating Profit	−333 000	−130 000	−155 000	−56 000
Financial Income	72 000	1 024 000	70 000	3 303 000
Financial Costs	89 000	1 222 000	0	0
Financial Balance	−17 000	−198 000	70 000	3 303 000
Dividends	50 000	0	0	0
Net Income	−373 000	−306 000	−88 000	3 229 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	22 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	20 798 000	19 140 000	24 722 000	20 972 000
Total Fixed Assets	20 798 000	19 162 000	24 722 000	20 972 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 059 000	7 907 000	6 499 000	10 108 000
Total Current Assets	9 309 000	11 507 000	9 799 000	13 384 000
Total Assets	30 108 000	30 669 000	34 521 000	34 356 000
Total Equity	29 044 000	30 657 000	31 113 000	31 726 000
Short-Term Group Debt	0	0	3 400 000	2 608 000
Total Long-Term Debt	0	0	0	0
Creditors	7 000	0	4 000	3 000
Unpaid Taxes	0	0	0	0
Dividends	50 000	0	0	0
Other Current Debt	1 006 000	12 000	1 000	1 000
Total Current Debt	1 064 000	12 000	3 408 000	2 630 000
Total Equity and Debt	30 108 000	30 669 000	34 521 000	34 356 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,28 %	−1 %	−0,28 %	10,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	8,75	958,92	2,88	5,09
Quick Ratio	8,75	958,92	2,88	5,09
Equity Ratio	0,96	1	0,9	0,92
Gross Profit Margin	-	-	-	-