HELGELAND VIRKESTRANSPORT AS

8643 BJERKA

Finances

Share Ownership

Return on Equity

23 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 224 000	3 049 000	2 815 000	2 819 000
Net Income	115 000	−307 000	357 000	287 000
Total Assets	811 000	1 280 000	1 634 000	1 028 000
Total Equity	500 000	385 000	862 000	505 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 224 000	3 049 000	2 815 000	2 819 000
Expenditure	2 107 000	3 393 000	2 356 000	2 452 000
Operating Profit	117 000	−344 000	460 000	368 000
Financial Income	0	0	0	0
Financial Costs	3 000	13 000	2 000	0
Financial Balance	−3 000	−13 000	−2 000	0
Earnings Before Tax	115 000	−357 000	458 000	368 000
Tax	0	−50 000	101 000	81 000
Net Income	115 000	−307 000	357 000	287 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	474 000	473 000	423 000	374 000
Total Current Assets	337 000	807 000	1 211 000	655 000
Total Assets	811 000	1 280 000	1 634 000	1 028 000
Total Retained Equity	400 000	285 000	762 000	405 000
Total Equity	500 000	385 000	862 000	505 000
Total Long-Term Debt	0	222 000	50 000	49 000
Total Current Debt	310 000	672 000	721 000	474 000
Total Equity and Debt	811 000	1 280 000	1 634 000	1 028 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 157 000	3 043 000	2 790 000	2 819 000
Other Income	67 000	5 000	26 000	0
Revenue	2 224 000	3 049 000	2 815 000	2 819 000
Cost of Goods Sold	789 000	465 000	110 000	95 000
Salary Costs	699 000	1 217 000	926 000	820 000
Depreciation	79 000	109 000	48 000	24 000
Impairment	0	0	0	0
Expenditure	2 107 000	3 393 000	2 356 000	2 452 000
Operating Profit	117 000	−344 000	460 000	368 000
Financial Income	0	0	0	0
Financial Costs	3 000	13 000	2 000	0
Financial Balance	−3 000	−13 000	−2 000	0
Dividends	0	170 000	0	0
Net Income	115 000	−307 000	357 000	287 000

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	78 000	102 000	39 000	0
Fixtures	396 000	371 000	245 000	258 000
Total Tangible Assets	474 000	473 000	284 000	258 000
Total Fiancial Fixed Assets	0	0	139 000	116 000
Total Fixed Assets	474 000	473 000	423 000	374 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	180 000	374 000	919 000	370 000
Total Current Assets	337 000	807 000	1 211 000	655 000
Total Assets	811 000	1 280 000	1 634 000	1 028 000
Total Equity	500 000	385 000	862 000	505 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	222 000	50 000	49 000
Creditors	45 000	144 000	231 000	147 000
Unpaid Taxes	90 000	153 000	218 000	107 000
Dividends	0	170 000	0	0
Other Current Debt	176 000	206 000	173 000	137 000
Total Current Debt	310 000	672 000	721 000	474 000
Total Equity and Debt	811 000	1 280 000	1 634 000	1 028 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23 %	−79,74 %	41,42 %	56,83 %
Debt-to-Equity Ratio	0	0,58	0,06	0,1
Operating Profit Margin	5,26 %	−11,28 %	16,34 %	13,05 %
Current Ratio	1,09	1,2	1,68	1,38
Quick Ratio	1,09	1,2	1,68	1,38
Equity Ratio	0,62	0,3	0,53	0,49
Gross Profit Margin	64,52 %	84,75 %	96,09 %	96,63 %