HELLAND STEEL SOLUTION AS

4331 ÅLGÅRD

Finances

Share Ownership

Return on Equity

−76,7 %

Current Ratio

0,7

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 525 000	2 103 000	2 389 000	1 924 000
Net Income	158 000	−349 000	375 000	96 000
Total Assets	581 000	358 000	800 000	255 000
Total Equity	−206 000	−363 000	−14 000	−389 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 525 000	2 103 000	2 389 000	1 924 000
Expenditure	2 368 000	2 555 000	1 904 000	1 820 000
Operating Profit	157 000	−453 000	484 000	104 000
Financial Income	3 000	2 000	2 000	1 000
Financial Costs	3 000	−101 000	111 000	9 000
Financial Balance	0	103 000	−109 000	−8 000
Earnings Before Tax	158 000	−349 000	375 000	96 000
Tax	0	0	0	0
Net Income	158 000	−349 000	375 000	96 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 000	54 000	49 000	14 000
Total Current Assets	553 000	305 000	751 000	241 000
Total Assets	581 000	358 000	800 000	255 000
Total Retained Equity	−1 670 000	−1 827 000	−1 478 000	−1 853 000
Total Equity	−206 000	−363 000	−14 000	−389 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	786 000	722 000	814 000	644 000
Total Equity and Debt	581 000	358 000	800 000	255 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 525 000	2 103 000	2 389 000	1 920 000
Other Income	0	0	0	4 000
Revenue	2 525 000	2 103 000	2 389 000	1 924 000
Cost of Goods Sold	639 000	650 000	418 000	427 000
Salary Costs	1 050 000	1 326 000	1 006 000	1 014 000
Depreciation	26 000	21 000	4 000	2 000
Impairment	0	0	0	0
Expenditure	2 368 000	2 555 000	1 904 000	1 820 000
Operating Profit	157 000	−453 000	484 000	104 000
Financial Income	3 000	2 000	2 000	1 000
Financial Costs	3 000	−101 000	111 000	9 000
Financial Balance	0	103 000	−109 000	−8 000
Dividends	0	0	0	0
Net Income	158 000	−349 000	375 000	96 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	27 000	54 000	49 000	14 000
Total Tangible Assets	27 000	54 000	49 000	14 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	27 000	54 000	49 000	14 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	305 000	42 000	466 000	142 000
Total Current Assets	553 000	305 000	751 000	241 000
Total Assets	581 000	358 000	800 000	255 000
Total Equity	−206 000	−363 000	−14 000	−389 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	39 000	102 000	36 000	38 000
Unpaid Taxes	222 000	110 000	288 000	108 000
Dividends	0	0	0	0
Other Current Debt	525 000	510 000	490 000	498 000
Total Current Debt	786 000	722 000	814 000	644 000
Total Equity and Debt	581 000	358 000	800 000	255 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−76,7 %	96,14 %	−2 678,57 %	−24,68 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	6,22 %	−21,54 %	20,26 %	5,41 %
Current Ratio	0,7	0,42	0,92	0,37
Quick Ratio	0,7	0,42	0,92	0,37
Equity Ratio	−0,35	−1,01	−0,02	−1,53
Gross Profit Margin	74,69 %	69,09 %	82,5 %	77,81 %