HELGELAND EIENDOMSUTVIKLING AS

8664 MOSJØEN

Finances

Share Ownership

Return on Equity

−234,05 %

Current Ratio

2,91

Debt-to-Equity Ratio

20,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	399 000	6 049 000	886 000	206 000
Net Income	−543 000	352 000	96 000	−1 246 000
Total Assets	7 610 000	7 150 000	8 383 000	7 105 000
Total Equity	232 000	−56 000	−408 000	−504 000

Income (NOK)	2022	2021	2020	2019
Revenue	399 000	6 049 000	886 000	206 000
Expenditure	766 000	5 495 000	773 000	1 255 000
Operating Profit	−366 000	554 000	112 000	−1 047 000
Financial Income	0	0	0	10 000
Financial Costs	270 000	128 000	17 000	435 000
Financial Balance	−270 000	−128 000	−17 000	−425 000
Earnings Before Tax	−637 000	425 000	96 000	−1 472 000
Tax	−93 000	73 000	0	−226 000
Net Income	−543 000	352 000	96 000	−1 246 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	11 000	45 000
Total Current Assets	7 610 000	7 150 000	8 372 000	7 060 000
Total Assets	7 610 000	7 150 000	8 383 000	7 105 000
Total Retained Equity	−168 000	−456 000	−808 000	−904 000
Total Equity	232 000	−56 000	−408 000	−504 000
Total Long-Term Debt	4 763 000	4 560 000	5 618 000	5 164 000
Total Current Debt	2 615 000	2 645 000	3 173 000	2 445 000
Total Equity and Debt	7 610 000	7 150 000	8 383 000	7 105 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	399 000	6 035 000	886 000	206 000
Other Income	0	14 000	0	0
Revenue	399 000	6 049 000	886 000	206 000
Cost of Goods Sold	133 000	4 413 000	13 000	113 000
Salary Costs	545 000	553 000	286 000	461 000
Depreciation	0	0	34 000	52 000
Impairment	0	0	0	0
Expenditure	766 000	5 495 000	773 000	1 255 000
Operating Profit	−366 000	554 000	112 000	−1 047 000
Financial Income	0	0	0	10 000
Financial Costs	270 000	128 000	17 000	435 000
Financial Balance	−270 000	−128 000	−17 000	−425 000
Dividends	0	0	0	0
Net Income	−543 000	352 000	96 000	−1 246 000

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	11 000	45 000
Fixtures	0	0	0	0
Total Tangible Assets	0	0	11 000	45 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	11 000	45 000
Stock	5 257 000	5 280 000	7 257 000	5 880 000
Total Investments	0	0	0	0
Cash, Bank	1 000	1 000	32 000	1 000
Total Current Assets	7 610 000	7 150 000	8 372 000	7 060 000
Total Assets	7 610 000	7 150 000	8 383 000	7 105 000
Total Equity	232 000	−56 000	−408 000	−504 000
Short-Term Group Debt	480 000	560 000	1 003 000	1 714 000
Total Long-Term Debt	4 763 000	4 560 000	5 618 000	5 164 000
Creditors	1 260 000	1 277 000	1 256 000	670 000
Unpaid Taxes	741 000	672 000	138 000	12 000
Dividends	0	0	0	0
Other Current Debt	61 000	62 000	31 000	48 000
Total Current Debt	2 615 000	2 645 000	3 173 000	2 445 000
Total Equity and Debt	7 610 000	7 150 000	8 383 000	7 105 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−234,05 %	−628,57 %	−23,53 %	247,22 %
Debt-to-Equity Ratio	20,53	−81,43	−13,77	−10,25
Operating Profit Margin	−91,73 %	9,16 %	12,64 %	−508,25 %
Current Ratio	2,91	2,7	2,64	2,89
Quick Ratio	−2,88	−2,71	−2,05	−2,06
Equity Ratio	0,03	−0,01	−0,05	−0,07
Gross Profit Margin	66,67 %	27,05 %	98,53 %	45,15 %