HELGELAND BILSERVICE AS

8613 MO I RANA

Finances

Share Ownership

Return on Equity

32,97 %

Current Ratio

1,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 065 000	11 682 000	11 879 000	16 201 000
Net Income	486 000	471 000	380 000	330 000
Total Assets	3 381 000	3 464 000	3 961 000	3 808 000
Total Equity	1 474 000	1 337 000	1 216 000	1 086 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 065 000	11 682 000	11 879 000	16 201 000
Expenditure	10 436 000	11 048 000	11 336 000	15 696 000
Operating Profit	629 000	634 000	543 000	504 000
Financial Income	26 000	22 000	24 000	25 000
Financial Costs	31 000	52 000	79 000	103 000
Financial Balance	−5 000	−30 000	−55 000	−78 000
Earnings Before Tax	624 000	604 000	488 000	426 000
Tax	137 000	133 000	107 000	97 000
Net Income	486 000	471 000	380 000	330 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	724 000	652 000	729 000	674 000
Total Current Assets	2 656 000	2 811 000	3 232 000	3 134 000
Total Assets	3 381 000	3 464 000	3 961 000	3 808 000
Total Retained Equity	1 279 000	1 143 000	1 022 000	891 000
Total Equity	1 474 000	1 337 000	1 216 000	1 086 000
Total Long-Term Debt	0	0	644 000	897 000
Total Current Debt	1 907 000	2 126 000	2 100 000	1 825 000
Total Equity and Debt	3 381 000	3 464 000	3 961 000	3 808 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 914 000	11 682 000	11 779 000	16 199 000
Other Income	151 000	0	100 000	2 000
Revenue	11 065 000	11 682 000	11 879 000	16 201 000
Cost of Goods Sold	4 145 000	4 547 000	5 464 000	9 181 000
Salary Costs	4 247 000	4 375 000	3 927 000	4 371 000
Depreciation	204 000	244 000	231 000	220 000
Impairment	0	0	0	0
Expenditure	10 436 000	11 048 000	11 336 000	15 696 000
Operating Profit	629 000	634 000	543 000	504 000
Financial Income	26 000	22 000	24 000	25 000
Financial Costs	31 000	52 000	79 000	103 000
Financial Balance	−5 000	−30 000	−55 000	−78 000
Dividends	350 000	350 000	250 000	150 000
Net Income	486 000	471 000	380 000	330 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	64 000	71 000	39 000	56 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	660 000	581 000	689 000	617 000
Total Tangible Assets	660 000	581 000	689 000	617 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	724 000	652 000	729 000	674 000
Stock	1 133 000	1 211 000	1 209 000	1 968 000
Total Investments	0	0	0	0
Cash, Bank	1 297 000	1 285 000	1 619 000	570 000
Total Current Assets	2 656 000	2 811 000	3 232 000	3 134 000
Total Assets	3 381 000	3 464 000	3 961 000	3 808 000
Total Equity	1 474 000	1 337 000	1 216 000	1 086 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	644 000	897 000
Creditors	175 000	339 000	656 000	416 000
Unpaid Taxes	476 000	453 000	338 000	371 000
Dividends	350 000	350 000	250 000	150 000
Other Current Debt	775 000	820 000	765 000	814 000
Total Current Debt	1 907 000	2 126 000	2 100 000	1 825 000
Total Equity and Debt	3 381 000	3 464 000	3 961 000	3 808 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,97 %	35,23 %	31,25 %	30,39 %
Debt-to-Equity Ratio	0	0	0,53	0,83
Operating Profit Margin	5,68 %	5,43 %	4,57 %	3,11 %
Current Ratio	1,39	1,32	1,54	1,72
Quick Ratio	3,43	3,07	3,63	−21,92
Equity Ratio	0,44	0,39	0,31	0,29
Gross Profit Margin	62,54 %	61,08 %	54 %	43,33 %