HELGE R OLSEN EIENDOM HØNEFOSS AS

1169 OSLO

Finances

Share Ownership

Return on Equity

58,11 %

Current Ratio

1,35

Debt-to-Equity Ratio

4,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 876 000	6 980 000	6 803 000	6 491 000
Net Income	3 064 000	1 119 000	943 000	409 000
Total Assets	29 166 000	29 200 000	31 225 000	31 393 000
Total Equity	5 273 000	2 210 000	4 891 000	6 430 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 876 000	6 980 000	6 803 000	6 491 000
Expenditure	4 264 000	4 985 000	4 897 000	5 023 000
Operating Profit	4 613 000	1 996 000	1 907 000	1 468 000
Financial Income	7 000	5 000	4 000	2 000
Financial Costs	693 000	566 000	702 000	945 000
Financial Balance	−686 000	−561 000	−698 000	−943 000
Earnings Before Tax	3 928 000	1 435 000	1 209 000	524 000
Tax	864 000	316 000	266 000	115 000
Net Income	3 064 000	1 119 000	943 000	409 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 202 000	27 382 000	26 543 000	27 738 000
Total Current Assets	2 964 000	1 818 000	4 682 000	3 655 000
Total Assets	29 166 000	29 200 000	31 225 000	31 393 000
Total Retained Equity	3 273 000	210 000	2 891 000	4 430 000
Total Equity	5 273 000	2 210 000	4 891 000	6 430 000
Total Long-Term Debt	21 701 000	23 059 000	23 167 000	24 030 000
Total Current Debt	2 192 000	3 931 000	3 168 000	932 000
Total Equity and Debt	29 166 000	29 200 000	31 225 000	31 393 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 876 000	6 980 000	6 803 000	6 491 000
Other Income	0	0	0	0
Revenue	8 876 000	6 980 000	6 803 000	6 491 000
Cost of Goods Sold	61 000	57 000	45 000	11 000
Salary Costs	0	0	116 000	231 000
Depreciation	1 266 000	1 238 000	1 255 000	1 295 000
Impairment	0	0	0	0
Expenditure	4 264 000	4 985 000	4 897 000	5 023 000
Operating Profit	4 613 000	1 996 000	1 907 000	1 468 000
Financial Income	7 000	5 000	4 000	2 000
Financial Costs	693 000	566 000	702 000	945 000
Financial Balance	−686 000	−561 000	−698 000	−943 000
Dividends	0	3 800 000	1 884 000	0
Net Income	3 064 000	1 119 000	943 000	409 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	26 202 000	27 382 000	26 543 000	27 715 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	23 000
Total Tangible Assets	26 202 000	27 382 000	26 543 000	27 738 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	26 202 000	27 382 000	26 543 000	27 738 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 421 000	757 000	1 735 000	792 000
Total Current Assets	2 964 000	1 818 000	4 682 000	3 655 000
Total Assets	29 166 000	29 200 000	31 225 000	31 393 000
Total Equity	5 273 000	2 210 000	4 891 000	6 430 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 701 000	23 059 000	23 167 000	24 030 000
Creditors	261 000	185 000	113 000	453 000
Unpaid Taxes	375 000	0	117 000	70 000
Dividends	0	3 800 000	1 884 000	0
Other Current Debt	646 000	3 425 000	2 791 000	410 000
Total Current Debt	2 192 000	3 931 000	3 168 000	932 000
Total Equity and Debt	29 166 000	29 200 000	31 225 000	31 393 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,11 %	50,63 %	19,28 %	6,36 %
Debt-to-Equity Ratio	4,12	10,43	4,74	3,74
Operating Profit Margin	51,97 %	28,6 %	28,03 %	22,62 %
Current Ratio	1,35	0,46	1,48	3,92
Quick Ratio	1,35	0,46	1,48	3,92
Equity Ratio	0,18	0,08	0,16	0,2
Gross Profit Margin	99,31 %	99,18 %	99,34 %	99,83 %