HELMAX AS

4514 MANDAL

Finances

Return on Equity

1,7 %

Current Ratio

8,14

Debt-to-Equity Ratio

2,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 672 000	1 592 000	1 513 000	1 425 000
Net Income	66 000	1 173 000	405 000	602 000
Total Assets	14 348 000	14 852 000	13 855 000	13 666 000
Total Equity	3 892 000	3 826 000	2 653 000	2 248 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 672 000	1 592 000	1 513 000	1 425 000
Expenditure	478 000	755 000	765 000	456 000
Operating Profit	1 194 000	837 000	749 000	968 000
Financial Income	0	700 000	0	100 000
Financial Costs	949 000	220 000	230 000	305 000
Financial Balance	−949 000	480 000	−230 000	−205 000
Earnings Before Tax	245 000	1 317 000	519 000	763 000
Tax	179 000	144 000	114 000	161 000
Net Income	66 000	1 173 000	405 000	602 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 473 000	14 572 000	13 787 000	13 619 000
Total Current Assets	2 875 000	280 000	68 000	47 000
Total Assets	14 348 000	14 852 000	13 855 000	13 666 000
Total Retained Equity	3 642 000	3 576 000	2 403 000	1 998 000
Total Equity	3 892 000	3 826 000	2 653 000	2 248 000
Total Long-Term Debt	10 103 000	10 854 000	10 935 000	11 164 000
Total Current Debt	353 000	172 000	267 000	254 000
Total Equity and Debt	14 348 000	14 852 000	13 855 000	13 666 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 672 000	1 592 000	1 513 000	1 425 000
Other Income	0	0	0	0
Revenue	1 672 000	1 592 000	1 513 000	1 425 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	225 000	225 000	225 000	225 000
Impairment	0	0	0	0
Expenditure	478 000	755 000	765 000	456 000
Operating Profit	1 194 000	837 000	749 000	968 000
Financial Income	0	700 000	0	100 000
Financial Costs	949 000	220 000	230 000	305 000
Financial Balance	−949 000	480 000	−230 000	−205 000
Dividends	0	0	0	0
Net Income	66 000	1 173 000	405 000	602 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 473 000	11 698 000	11 923 000	12 148 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	11 473 000	11 698 000	11 923 000	12 148 000
Total Fiancial Fixed Assets	0	2 874 000	1 864 000	1 472 000
Total Fixed Assets	11 473 000	14 572 000	13 787 000	13 619 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	280 000	68 000	47 000
Total Current Assets	2 875 000	280 000	68 000	47 000
Total Assets	14 348 000	14 852 000	13 855 000	13 666 000
Total Equity	3 892 000	3 826 000	2 653 000	2 248 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 103 000	10 854 000	10 935 000	11 164 000
Creditors	1 000	−49 000	2 000	0
Unpaid Taxes	69 000	36 000	50 000	45 000
Dividends	0	0	0	0
Other Current Debt	90 000	46 000	42 000	50 000
Total Current Debt	353 000	172 000	267 000	254 000
Total Equity and Debt	14 348 000	14 852 000	13 855 000	13 666 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,7 %	30,66 %	15,27 %	26,78 %
Debt-to-Equity Ratio	2,6	2,84	4,12	4,97
Operating Profit Margin	71,41 %	52,58 %	49,5 %	67,93 %
Current Ratio	8,14	1,63	0,25	0,19
Quick Ratio	8,14	1,63	0,25	0,19
Equity Ratio	0,27	0,26	0,19	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %