HELGELAND HOLDING AS

8614 MO I RANA

Finances

Return on Equity

12,83 %

Current Ratio

2,95

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	110 023 000	111 796 000	107 687 000	113 452 000
Net Income	3 279 000	−2 227 000	−570 000	−3 902 000
Total Assets	41 926 000	53 160 000	42 452 000	44 689 000
Total Equity	25 562 000	15 507 000	17 735 000	18 460 000

Income (NOK)	2022	2021	2020	2019
Revenue	110 023 000	111 796 000	107 687 000	113 452 000
Expenditure	115 743 000	114 483 000	108 599 000	117 673 000
Operating Profit	−5 990 000	−2 363 000	−168 000	−3 993 000
Financial Income	9 461 000	105 000	14 000	51 000
Financial Costs	770 000	574 000	564 000	686 000
Financial Balance	8 691 000	−469 000	−550 000	−635 000
Earnings Before Tax	2 701 000	−2 832 000	−718 000	−4 627 000
Tax	−579 000	−605 000	−148 000	−725 000
Net Income	3 279 000	−2 227 000	−570 000	−3 902 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 397 000	12 437 000	13 904 000	15 619 000
Total Current Assets	35 529 000	40 723 000	28 548 000	29 070 000
Total Assets	41 926 000	53 160 000	42 452 000	44 689 000
Total Retained Equity	−2 713 000	0	0	0
Total Equity	25 562 000	15 507 000	17 735 000	18 460 000
Total Long-Term Debt	4 327 000	4 247 000	4 718 000	7 351 000
Total Current Debt	12 037 000	33 405 000	20 000 000	18 878 000
Total Equity and Debt	41 926 000	53 160 000	42 452 000	44 689 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	109 904 000	111 003 000	107 654 000	112 734 000
Other Income	119 000	794 000	33 000	717 000
Revenue	110 023 000	111 796 000	107 687 000	113 452 000
Cost of Goods Sold	66 792 000	55 860 000	52 586 000	57 451 000
Salary Costs	19 399 000	23 249 000	22 462 000	25 375 000
Depreciation	2 383 000	2 970 000	3 126 000	2 895 000
Impairment	0	0	0	0
Expenditure	115 743 000	114 483 000	108 599 000	117 673 000
Operating Profit	−5 990 000	−2 363 000	−168 000	−3 993 000
Financial Income	9 461 000	105 000	14 000	51 000
Financial Costs	770 000	574 000	564 000	686 000
Financial Balance	8 691 000	−469 000	−550 000	−635 000
Dividends	0	0	0	0
Net Income	3 279 000	−2 227 000	−570 000	−3 902 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 120 000	2 465 000	1 859 000	1 692 000
Real Eastate	0	313 000	409 000	448 000
Machinery and Plant Facilities	1 626 000	8 034 000	9 184 000	10 580 000
Fixtures	52 000	365 000	644 000	945 000
Total Tangible Assets	1 678 000	8 712 000	10 238 000	11 973 000
Total Fiancial Fixed Assets	3 598 000	1 259 000	1 806 000	1 954 000
Total Fixed Assets	6 397 000	12 437 000	13 904 000	15 619 000
Stock	8 483 000	13 621 000	10 607 000	10 557 000
Total Investments	0	0	0	0
Cash, Bank	7 501 000	1 807 000	6 473 000	3 570 000
Total Current Assets	35 529 000	40 723 000	28 548 000	29 070 000
Total Assets	41 926 000	53 160 000	42 452 000	44 689 000
Total Equity	25 562 000	15 507 000	17 735 000	18 460 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 327 000	4 247 000	4 718 000	7 351 000
Creditors	5 234 000	12 119 000	7 167 000	6 708 000
Unpaid Taxes	1 605 000	2 153 000	1 793 000	2 055 000
Dividends	0	0	0	0
Other Current Debt	1 769 000	6 431 000	5 324 000	6 248 000
Total Current Debt	12 037 000	33 405 000	20 000 000	18 878 000
Total Equity and Debt	41 926 000	53 160 000	42 452 000	44 689 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,83 %	−14,36 %	−3,21 %	−21,14 %
Debt-to-Equity Ratio	0,17	0,27	0,27	0,4
Operating Profit Margin	−5,44 %	−2,11 %	−0,16 %	−3,52 %
Current Ratio	2,95	1,22	1,43	1,54
Quick Ratio	10	2,06	3,04	3,49
Equity Ratio	0,61	0,29	0,42	0,41
Gross Profit Margin	39,29 %	50,03 %	51,17 %	49,36 %