HELGELAND ADVENTURE AS

8742 SELVÆR

Finances

Return on Equity

2,52 %

Current Ratio

0,33

Debt-to-Equity Ratio

0,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 282 000	3 016 000	1 448 000	1 060 000
Net Income	231 000	1 324 000	568 000	137 000
Total Assets	21 266 000	13 839 000	8 717 000	5 230 000
Total Equity	9 168 000	5 537 000	3 213 000	2 645 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 282 000	3 016 000	1 448 000	1 060 000
Expenditure	2 700 000	1 501 000	816 000	849 000
Operating Profit	583 000	1 516 000	632 000	210 000
Financial Income	11 000	0	0	0
Financial Costs	298 000	157 000	124 000	35 000
Financial Balance	−287 000	−157 000	−124 000	−35 000
Earnings Before Tax	296 000	1 359 000	508 000	176 000
Tax	65 000	35 000	−60 000	39 000
Net Income	231 000	1 324 000	568 000	137 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 978 000	13 140 000	7 483 000	4 134 000
Total Current Assets	1 288 000	698 000	1 234 000	1 096 000
Total Assets	21 266 000	13 839 000	8 717 000	5 230 000
Total Retained Equity	2 468 000	2 237 000	913 000	345 000
Total Equity	9 168 000	5 537 000	3 213 000	2 645 000
Total Long-Term Debt	8 168 000	7 281 000	5 400 000	2 072 000
Total Current Debt	3 930 000	1 021 000	104 000	514 000
Total Equity and Debt	21 266 000	13 839 000	8 717 000	5 230 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 786 000	1 377 000	647 000	1 060 000
Other Income	497 000	1 639 000	801 000	0
Revenue	3 282 000	3 016 000	1 448 000	1 060 000
Cost of Goods Sold	929 000	379 000	173 000	386 000
Salary Costs	407 000	288 000	127 000	97 000
Depreciation	701 000	397 000	279 000	159 000
Impairment	0	0	0	0
Expenditure	2 700 000	1 501 000	816 000	849 000
Operating Profit	583 000	1 516 000	632 000	210 000
Financial Income	11 000	0	0	0
Financial Costs	298 000	157 000	124 000	35 000
Financial Balance	−287 000	−157 000	−124 000	−35 000
Dividends	0	0	0	0
Net Income	231 000	1 324 000	568 000	137 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 492 000	11 575 000	6 133 000	3 681 000
Machinery and Plant Facilities	5 222 000	1 130 000	1 120 000	370 000
Fixtures	464 000	385 000	180 000	83 000
Total Tangible Assets	19 178 000	13 090 000	7 433 000	4 134 000
Total Fiancial Fixed Assets	800 000	50 000	50 000	0
Total Fixed Assets	19 978 000	13 140 000	7 483 000	4 134 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	531 000	660 000	1 211 000	797 000
Total Current Assets	1 288 000	698 000	1 234 000	1 096 000
Total Assets	21 266 000	13 839 000	8 717 000	5 230 000
Total Equity	9 168 000	5 537 000	3 213 000	2 645 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 168 000	7 281 000	5 400 000	2 072 000
Creditors	2 116 000	911 000	62 000	480 000
Unpaid Taxes	−97 000	−20 000	29 000	2 000
Dividends	0	0	0	0
Other Current Debt	1 910 000	129 000	13 000	10 000
Total Current Debt	3 930 000	1 021 000	104 000	514 000
Total Equity and Debt	21 266 000	13 839 000	8 717 000	5 230 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,52 %	23,91 %	17,68 %	5,18 %
Debt-to-Equity Ratio	0,89	1,31	1,68	0,78
Operating Profit Margin	17,76 %	50,27 %	43,65 %	19,81 %
Current Ratio	0,33	0,68	11,87	2,13
Quick Ratio	0,33	0,68	11,87	2,13
Equity Ratio	0,43	0,4	0,37	0,51
Gross Profit Margin	71,69 %	87,43 %	88,05 %	63,58 %