MADS HELLE EIENDOM AS

6800 FØRDE

Finances

Return on Equity

46,05 %

Current Ratio

0,68

Debt-to-Equity Ratio

0,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	22 000	48 000
Net Income	3 422 000	67 000	−586 000	−480 000
Total Assets	27 707 000	26 857 000	22 988 000	21 868 000
Total Equity	7 431 000	4 009 000	3 942 000	4 528 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	22 000	48 000
Expenditure	176 000	563 000	303 000	1 114 000
Operating Profit	−175 000	−563 000	−281 000	−1 067 000
Financial Income	5 475 000	1 029 000	1 402 000	1 135 000
Financial Costs	1 878 000	313 000	1 706 000	548 000
Financial Balance	3 597 000	716 000	−304 000	587 000
Earnings Before Tax	3 422 000	153 000	−586 000	−480 000
Tax	0	86 000	0	0
Net Income	3 422 000	67 000	−586 000	−480 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 570 000	19 395 000	16 877 000	18 491 000
Total Current Assets	11 136 000	7 462 000	6 111 000	3 377 000
Total Assets	27 707 000	26 857 000	22 988 000	21 868 000
Total Retained Equity	7 181 000	3 759 000	3 692 000	4 278 000
Total Equity	7 431 000	4 009 000	3 942 000	4 528 000
Total Long-Term Debt	4 000 000	5 100 000	10 588 000	10 847 000
Total Current Debt	16 275 000	17 748 000	8 458 000	6 493 000
Total Equity and Debt	27 707 000	26 857 000	22 988 000	21 868 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	22 000	48 000
Other Income	0	0	0	0
Revenue	0	0	22 000	48 000
Cost of Goods Sold	0	0	0	0
Salary Costs	14 000	11 000	11 000	11 000
Depreciation	0	0	0	79 000
Impairment	0	0	0	0
Expenditure	176 000	563 000	303 000	1 114 000
Operating Profit	−175 000	−563 000	−281 000	−1 067 000
Financial Income	5 475 000	1 029 000	1 402 000	1 135 000
Financial Costs	1 878 000	313 000	1 706 000	548 000
Financial Balance	3 597 000	716 000	−304 000	587 000
Dividends	0	0	0	0
Net Income	3 422 000	67 000	−586 000	−480 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	1 000 000	1 000 000	1 000 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	1 000 000	1 000 000	1 000 000
Total Fiancial Fixed Assets	16 570 000	18 395 000	15 877 000	17 491 000
Total Fixed Assets	16 570 000	19 395 000	16 877 000	18 491 000
Stock	6 994 000	1 425 000	406 000	287 000
Total Investments	3 799 000	4 937 000	4 299 000	3 187 000
Cash, Bank	140 000	256 000	167 000	−234 000
Total Current Assets	11 136 000	7 462 000	6 111 000	3 377 000
Total Assets	27 707 000	26 857 000	22 988 000	21 868 000
Total Equity	7 431 000	4 009 000	3 942 000	4 528 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000 000	5 100 000	10 588 000	10 847 000
Creditors	412 000	60 000	2 000	41 000
Unpaid Taxes	0	11 000	11 000	11 000
Dividends	0	0	0	0
Other Current Debt	15 723 000	17 733 000	7 770 000	6 442 000
Total Current Debt	16 275 000	17 748 000	8 458 000	6 493 000
Total Equity and Debt	27 707 000	26 857 000	22 988 000	21 868 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,05 %	1,67 %	−14,87 %	−10,6 %
Debt-to-Equity Ratio	0,54	1,27	2,69	2,4
Operating Profit Margin	-	-	−1 277,27 %	−2 222,92 %
Current Ratio	0,68	0,42	0,72	0,52
Quick Ratio	1,2	0,46	0,76	0,54
Equity Ratio	0,27	0,15	0,17	0,21
Gross Profit Margin	-	-	100 %	100 %