HELLENES HOLDING AS

6810 FØRDE

Finances

Return on Equity

37,41 %

Current Ratio

1,71

Debt-to-Equity Ratio

3,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	119 315 000	2 446 000	1 240 000	250 000
Net Income	18 900 000	7 925 000	−1 009 000	−812 000
Total Assets	242 524 000	16 109 000	18 210 000	4 799 000
Total Equity	50 524 000	15 589 000	7 665 000	3 741 000

Income (NOK)	2022	2021	2020	2019
Revenue	119 315 000	2 446 000	1 240 000	250 000
Expenditure	93 190 000	597 000	2 163 000	710 000
Operating Profit	26 125 000	1 849 000	−922 000	−461 000
Financial Income	3 747 000	728 000	0	0
Financial Costs	6 768 000	−5 739 000	316 000	453 000
Financial Balance	−3 021 000	6 467 000	−316 000	−453 000
Earnings Before Tax	23 104 000	8 316 000	−1 238 000	−914 000
Tax	4 204 000	391 000	−229 000	−101 000
Net Income	18 900 000	7 925 000	−1 009 000	−812 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	181 645 000	11 045 000	17 742 000	4 669 000
Total Current Assets	60 878 000	5 064 000	468 000	130 000
Total Assets	242 524 000	16 109 000	18 210 000	4 799 000
Total Retained Equity	46 450 000	15 373 000	7 449 000	3 525 000
Total Equity	50 524 000	15 589 000	7 665 000	3 741 000
Total Long-Term Debt	156 489 000	0	3 241 000	469 000
Total Current Debt	35 511 000	520 000	7 304 000	588 000
Total Equity and Debt	242 524 000	16 109 000	18 210 000	4 799 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	109 306 000	1 292 000	1 240 000	250 000
Other Income	10 008 000	1 154 000	0	0
Revenue	119 315 000	2 446 000	1 240 000	250 000
Cost of Goods Sold	55 945 000	0	1 081 000	0
Salary Costs	18 090 000	0	0	0
Depreciation	5 696 000	36 000	59 000	33 000
Impairment	0	0	0	0
Expenditure	93 190 000	597 000	2 163 000	710 000
Operating Profit	26 125 000	1 849 000	−922 000	−461 000
Financial Income	3 747 000	728 000	0	0
Financial Costs	6 768 000	−5 739 000	316 000	453 000
Financial Balance	−3 021 000	6 467 000	−316 000	−453 000
Dividends	955 000	0	100 000	100 000
Net Income	18 900 000	7 925 000	−1 009 000	−812 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	2 037 000	14 275 000	1 316 000
Real Eastate	161 893 000	0	0	0
Machinery and Plant Facilities	10 108 000	109 000	130 000	0
Fixtures	384 000	44 000	58 000	42 000
Total Tangible Assets	172 386 000	153 000	188 000	42 000
Total Fiancial Fixed Assets	9 260 000	8 856 000	3 279 000	3 311 000
Total Fixed Assets	181 645 000	11 045 000	17 742 000	4 669 000
Stock	12 814 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 643 000	83 000	29 000	53 000
Total Current Assets	60 878 000	5 064 000	468 000	130 000
Total Assets	242 524 000	16 109 000	18 210 000	4 799 000
Total Equity	50 524 000	15 589 000	7 665 000	3 741 000
Short-Term Group Debt	0	0	6 930 000	0
Total Long-Term Debt	156 489 000	0	3 241 000	469 000
Creditors	8 539 000	76 000	223 000	419 000
Unpaid Taxes	1 420 000	299 000	0	0
Dividends	955 000	0	100 000	100 000
Other Current Debt	22 765 000	145 000	51 000	69 000
Total Current Debt	35 511 000	520 000	7 304 000	588 000
Total Equity and Debt	242 524 000	16 109 000	18 210 000	4 799 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,41 %	50,84 %	−13,16 %	−21,71 %
Debt-to-Equity Ratio	3,1	0	0,42	0,13
Operating Profit Margin	21,9 %	75,59 %	−74,35 %	−184,4 %
Current Ratio	1,71	9,74	0,06	0,22
Quick Ratio	2,68	9,74	0,06	0,22
Equity Ratio	0,21	0,97	0,42	0,78
Gross Profit Margin	53,11 %	100 %	12,82 %	100 %