HELLE VING AS

1821 SPYDEBERG

Finances

Return on Equity

14,66 %

Current Ratio

0,87

Debt-to-Equity Ratio

0,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 523 000	11 401 000	15 820 000	17 166 000
Net Income	793 000	6 035 000	9 036 000	8 063 000
Total Assets	12 143 000	12 023 000	12 181 000	13 518 000
Total Equity	5 409 000	7 116 000	1 082 000	2 074 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 523 000	11 401 000	15 820 000	17 166 000
Expenditure	2 525 000	3 652 000	4 263 000	6 665 000
Operating Profit	999 000	7 750 000	11 557 000	10 501 000
Financial Income	18 000	4 000	5 000	21 000
Financial Costs	0	53 000	44 000	241 000
Financial Balance	18 000	−49 000	−39 000	−220 000
Earnings Before Tax	1 017 000	7 701 000	11 518 000	10 281 000
Tax	224 000	1 666 000	2 481 000	2 218 000
Net Income	793 000	6 035 000	9 036 000	8 063 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 911 000	8 915 000	9 003 000	13 470 000
Total Current Assets	3 232 000	3 108 000	3 178 000	48 000
Total Assets	12 143 000	12 023 000	12 181 000	13 518 000
Total Retained Equity	4 803 000	6 510 000	475 000	777 000
Total Equity	5 409 000	7 116 000	1 082 000	2 074 000
Total Long-Term Debt	3 016 000	3 769 000	2 919 000	3 034 000
Total Current Debt	3 718 000	1 138 000	8 181 000	8 410 000
Total Equity and Debt	12 143 000	12 023 000	12 181 000	13 518 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	4 928 000	8 289 000
Other Income	3 523 000	11 401 000	10 892 000	8 878 000
Revenue	3 523 000	11 401 000	15 820 000	17 166 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 275 000	1 008 000	696 000	633 000
Depreciation	4 000	4 000	4 000	4 000
Impairment	0	0	0	0
Expenditure	2 525 000	3 652 000	4 263 000	6 665 000
Operating Profit	999 000	7 750 000	11 557 000	10 501 000
Financial Income	18 000	4 000	5 000	21 000
Financial Costs	0	53 000	44 000	241 000
Financial Balance	18 000	−49 000	−39 000	−220 000
Dividends	2 500 000	0	7 000 000	7 000 000
Net Income	793 000	6 035 000	9 036 000	8 063 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 865 000	8 868 000	8 957 000	13 424 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 865 000	8 868 000	8 957 000	13 424 000
Total Fiancial Fixed Assets	46 000	46 000	46 000	46 000
Total Fixed Assets	8 911 000	8 915 000	9 003 000	13 470 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 266 000	3 108 000	3 170 000	47 000
Total Current Assets	3 232 000	3 108 000	3 178 000	48 000
Total Assets	12 143 000	12 023 000	12 181 000	13 518 000
Total Equity	5 409 000	7 116 000	1 082 000	2 074 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 016 000	3 769 000	2 919 000	3 034 000
Creditors	47 000	17 000	0	49 000
Unpaid Taxes	71 000	85 000	52 000	49 000
Dividends	2 500 000	0	7 000 000	7 000 000
Other Current Debt	123 000	221 000	261 000	355 000
Total Current Debt	3 718 000	1 138 000	8 181 000	8 410 000
Total Equity and Debt	12 143 000	12 023 000	12 181 000	13 518 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,66 %	84,81 %	835,12 %	388,77 %
Debt-to-Equity Ratio	0,56	0,53	2,7	1,46
Operating Profit Margin	28,36 %	67,98 %	73,05 %	61,17 %
Current Ratio	0,87	2,73	0,39	0,01
Quick Ratio	0,87	2,73	0,39	0,01
Equity Ratio	0,45	0,59	0,09	0,15
Gross Profit Margin	100 %	100 %	100 %	100 %