HELGESENS HJØRNE ANS

3915 PORSGRUNN

Finances

Return on Equity

−4,6 %

Current Ratio

20,13

Debt-to-Equity Ratio

−2,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 700 000	1 239 000	1 129 000	931 000
Net Income	164 000	241 000	264 000	147 000
Total Assets	7 033 000	3 190 000	3 049 000	2 415 000
Total Equity	−3 564 000	−3 729 000	−3 969 000	−4 233 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 700 000	1 239 000	1 129 000	931 000
Expenditure	1 061 000	684 000	574 000	467 000
Operating Profit	639 000	555 000	556 000	463 000
Financial Income	2 000	0	0	0
Financial Costs	477 000	314 000	292 000	316 000
Financial Balance	−475 000	−314 000	−292 000	−316 000
Earnings Before Tax	164 000	241 000	264 000	147 000
Tax	0	0	0	0
Net Income	164 000	241 000	264 000	147 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 061 000	2 095 000	2 109 000	2 046 000
Total Current Assets	4 971 000	1 095 000	940 000	369 000
Total Assets	7 033 000	3 190 000	3 049 000	2 415 000
Total Retained Equity	−3 564 000	−3 729 000	−3 969 000	−4 233 000
Total Equity	−3 564 000	−3 729 000	−3 969 000	−4 233 000
Total Long-Term Debt	10 350 000	6 685 000	6 845 000	6 419 000
Total Current Debt	247 000	234 000	173 000	229 000
Total Equity and Debt	7 033 000	3 190 000	3 049 000	2 415 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 700 000	1 239 000	1 129 000	931 000
Revenue	1 700 000	1 239 000	1 129 000	931 000
Cost of Goods Sold	0	0	0	0
Salary Costs	83 000	0	5 000	41 000
Depreciation	33 000	36 000	37 000	29 000
Impairment	0	0	0	0
Expenditure	1 061 000	684 000	574 000	467 000
Operating Profit	639 000	555 000	556 000	463 000
Financial Income	2 000	0	0	0
Financial Costs	477 000	314 000	292 000	316 000
Financial Balance	−475 000	−314 000	−292 000	−316 000
Dividends	0	0	0	0
Net Income	164 000	241 000	264 000	147 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 061 000	2 095 000	2 109 000	2 046 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 061 000	2 095 000	2 109 000	2 046 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 061 000	2 095 000	2 109 000	2 046 000
Stock	0	0	0	0
Total Investments	10 000	10 000	0	0
Cash, Bank	303 000	57 000	282 000	164 000
Total Current Assets	4 971 000	1 095 000	940 000	369 000
Total Assets	7 033 000	3 190 000	3 049 000	2 415 000
Total Equity	−3 564 000	−3 729 000	−3 969 000	−4 233 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 350 000	6 685 000	6 845 000	6 419 000
Creditors	98 000	2 000	0	35 000
Unpaid Taxes	148 000	140 000	144 000	152 000
Dividends	0	0	0	0
Other Current Debt	0	92 000	29 000	42 000
Total Current Debt	247 000	234 000	173 000	229 000
Total Equity and Debt	7 033 000	3 190 000	3 049 000	2 415 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,6 %	−6,46 %	−6,65 %	−3,47 %
Debt-to-Equity Ratio	−2,9	−1,79	−1,72	−1,52
Operating Profit Margin	37,59 %	44,79 %	49,25 %	49,73 %
Current Ratio	20,13	4,68	5,43	1,61
Quick Ratio	20,13	4,68	5,43	1,61
Equity Ratio	−0,51	−1,17	−1,3	−1,75
Gross Profit Margin	100 %	100 %	100 %	100 %