HELLENES AS

6800 FØRDE

Finances

Share Ownership

Return on Equity

66,56 %

Current Ratio

0,91

Debt-to-Equity Ratio

0,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	111 052 000	67 537 000	34 746 000	33 030 000
Net Income	18 433 000	16 803 000	−1 182 000	64 000
Total Assets	94 680 000	55 123 000	21 147 000	19 677 000
Total Equity	27 693 000	17 260 000	457 000	1 841 000

Income (NOK)	2022	2021	2020	2019
Revenue	111 052 000	67 537 000	34 746 000	33 030 000
Expenditure	87 515 000	46 051 000	35 510 000	32 583 000
Operating Profit	23 537 000	21 487 000	−764 000	448 000
Financial Income	1 754 000	14 000	74 000	44 000
Financial Costs	1 725 000	695 000	758 000	372 000
Financial Balance	29 000	−681 000	−684 000	−328 000
Earnings Before Tax	23 566 000	20 806 000	−1 449 000	121 000
Tax	5 133 000	4 003 000	−267 000	56 000
Net Income	18 433 000	16 803 000	−1 182 000	64 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	44 664 000	12 093 000	4 205 000	3 891 000
Total Current Assets	50 016 000	43 030 000	16 942 000	15 786 000
Total Assets	94 680 000	55 123 000	21 147 000	19 677 000
Total Retained Equity	21 293 000	10 860 000	−5 943 000	−4 559 000
Total Equity	27 693 000	17 260 000	457 000	1 841 000
Total Long-Term Debt	12 107 000	13 730 000	11 428 000	0
Total Current Debt	54 880 000	24 133 000	9 262 000	17 836 000
Total Equity and Debt	94 680 000	55 123 000	21 147 000	19 677 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	111 052 000	67 537 000	34 746 000	33 030 000
Other Income	0	0	0	0
Revenue	111 052 000	67 537 000	34 746 000	33 030 000
Cost of Goods Sold	55 945 000	21 413 000	14 322 000	11 299 000
Salary Costs	18 090 000	14 734 000	14 700 000	14 759 000
Depreciation	1 683 000	1 397 000	46 000	51 000
Impairment	0	0	0	0
Expenditure	87 515 000	46 051 000	35 510 000	32 583 000
Operating Profit	23 537 000	21 487 000	−764 000	448 000
Financial Income	1 754 000	14 000	74 000	44 000
Financial Costs	1 725 000	695 000	758 000	372 000
Financial Balance	29 000	−681 000	−684 000	−328 000
Dividends	0	0	0	0
Net Income	18 433 000	16 803 000	−1 182 000	64 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	3 735 000	3 468 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	10 021 000	11 646 000	0	0
Fixtures	147 000	52 000	75 000	121 000
Total Tangible Assets	10 168 000	11 698 000	75 000	121 000
Total Fiancial Fixed Assets	34 496 000	395 000	395 000	302 000
Total Fixed Assets	44 664 000	12 093 000	4 205 000	3 891 000
Stock	12 814 000	7 189 000	2 807 000	9 146 000
Total Investments	0	0	0	0
Cash, Bank	1 000	1 000	55 000	1 000
Total Current Assets	50 016 000	43 030 000	16 942 000	15 786 000
Total Assets	94 680 000	55 123 000	21 147 000	19 677 000
Total Equity	27 693 000	17 260 000	457 000	1 841 000
Short-Term Group Debt	0	5 002 000	0	0
Total Long-Term Debt	12 107 000	13 730 000	11 428 000	0
Creditors	7 956 000	6 367 000	2 037 000	3 039 000
Unpaid Taxes	1 114 000	399 000	990 000	1 850 000
Dividends	0	0	0	0
Other Current Debt	21 855 000	4 866 000	2 739 000	8 464 000
Total Current Debt	54 880 000	24 133 000	9 262 000	17 836 000
Total Equity and Debt	94 680 000	55 123 000	21 147 000	19 677 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,56 %	97,35 %	−258,64 %	3,48 %
Debt-to-Equity Ratio	0,44	0,8	25,01	0
Operating Profit Margin	21,19 %	31,82 %	−2,2 %	1,36 %
Current Ratio	0,91	1,78	1,83	0,89
Quick Ratio	1,19	2,54	2,62	1,82
Equity Ratio	0,29	0,31	0,02	0,09
Gross Profit Margin	49,62 %	68,29 %	58,78 %	65,79 %