HELLAND RØR AS

6393 TOMREFJORD

Finances

Return on Equity

66,37 %

Current Ratio

1,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 049 000	21 379 000	27 032 000	32 846 000
Net Income	1 713 000	433 000	1 976 000	2 304 000
Total Assets	10 292 000	10 018 000	10 831 000	10 558 000
Total Equity	2 581 000	3 968 000	3 535 000	2 559 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 049 000	21 379 000	27 032 000	32 846 000
Expenditure	27 948 000	20 909 000	24 854 000	30 608 000
Operating Profit	2 101 000	469 000	2 177 000	2 240 000
Financial Income	98 000	21 000	41 000	65 000
Financial Costs	4 000	6 000	2 000	0
Financial Balance	94 000	15 000	39 000	65 000
Earnings Before Tax	2 196 000	484 000	2 216 000	2 304 000
Tax	482 000	52 000	239 000	0
Net Income	1 713 000	433 000	1 976 000	2 304 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	841 000	490 000	569 000	450 000
Total Current Assets	9 451 000	9 528 000	10 261 000	10 107 000
Total Assets	10 292 000	10 018 000	10 831 000	10 558 000
Total Retained Equity	2 502 000	3 868 000	3 435 000	2 459 000
Total Equity	2 581 000	3 968 000	3 535 000	2 559 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 711 000	6 050 000	7 295 000	7 999 000
Total Equity and Debt	10 292 000	10 018 000	10 831 000	10 558 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 046 000	21 247 000	26 896 000	32 846 000
Other Income	3 000	132 000	137 000	0
Revenue	30 049 000	21 379 000	27 032 000	32 846 000
Cost of Goods Sold	71 000	17 000	106 000	390 000
Salary Costs	22 672 000	17 458 000	21 361 000	26 925 000
Depreciation	215 000	220 000	203 000	192 000
Impairment	0	0	0	0
Expenditure	27 948 000	20 909 000	24 854 000	30 608 000
Operating Profit	2 101 000	469 000	2 177 000	2 240 000
Financial Income	98 000	21 000	41 000	65 000
Financial Costs	4 000	6 000	2 000	0
Financial Balance	94 000	15 000	39 000	65 000
Dividends	800 000	0	1 000 000	1 000 000
Net Income	1 713 000	433 000	1 976 000	2 304 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	52 000	62 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	697 000	428 000	569 000	450 000
Total Tangible Assets	697 000	428 000	569 000	450 000
Total Fiancial Fixed Assets	92 000	0	0	0
Total Fixed Assets	841 000	490 000	569 000	450 000
Stock	0	0	0	0
Total Investments	45 000	45 000	45 000	45 000
Cash, Bank	4 592 000	4 655 000	6 448 000	4 513 000
Total Current Assets	9 451 000	9 528 000	10 261 000	10 107 000
Total Assets	10 292 000	10 018 000	10 831 000	10 558 000
Total Equity	2 581 000	3 968 000	3 535 000	2 559 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	492 000	293 000	442 000	215 000
Unpaid Taxes	2 834 000	3 041 000	2 844 000	3 084 000
Dividends	800 000	0	1 000 000	1 000 000
Other Current Debt	3 112 000	2 602 000	2 770 000	3 700 000
Total Current Debt	7 711 000	6 050 000	7 295 000	7 999 000
Total Equity and Debt	10 292 000	10 018 000	10 831 000	10 558 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,37 %	10,91 %	55,9 %	90,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,99 %	2,19 %	8,05 %	6,82 %
Current Ratio	1,23	1,57	1,41	1,26
Quick Ratio	1,23	1,57	1,41	1,26
Equity Ratio	0,25	0,4	0,33	0,24
Gross Profit Margin	99,76 %	99,92 %	99,61 %	98,81 %