HELNESSUND HOLDING AS

8285 LEINES

Finances

Return on Equity

98,45 %

Current Ratio

1,36

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	740 000	793 000	737 000	821 000
Net Income	1 335 000	383 000	407 000	919 000
Total Assets	2 754 000	1 936 000	1 802 000	1 984 000
Total Equity	1 356 000	1 022 000	1 039 000	1 031 000

Income (NOK)	2022	2021	2020	2019
Revenue	740 000	793 000	737 000	821 000
Expenditure	288 000	293 000	569 000	632 000
Operating Profit	452 000	500 000	168 000	189 000
Financial Income	1 000 000	10 000	300 000	800 000
Financial Costs	15 000	22 000	30 000	37 000
Financial Balance	985 000	−12 000	270 000	763 000
Earnings Before Tax	1 438 000	488 000	438 000	952 000
Tax	103 000	105 000	31 000	33 000
Net Income	1 335 000	383 000	407 000	919 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 197 000	1 300 000	1 420 000	1 566 000
Total Current Assets	1 557 000	636 000	382 000	418 000
Total Assets	2 754 000	1 936 000	1 802 000	1 984 000
Total Retained Equity	1 252 000	918 000	935 000	927 000
Total Equity	1 356 000	1 022 000	1 039 000	1 031 000
Total Long-Term Debt	250 000	375 000	660 000	627 000
Total Current Debt	1 147 000	540 000	103 000	326 000
Total Equity and Debt	2 754 000	1 936 000	1 802 000	1 984 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 000	35 000	35 000	185 000
Other Income	708 000	758 000	702 000	636 000
Revenue	740 000	793 000	737 000	821 000
Cost of Goods Sold	45 000	35 000	35 000	35 000
Salary Costs	0	0	0	0
Depreciation	111 000	121 000	161 000	207 000
Impairment	0	0	0	0
Expenditure	288 000	293 000	569 000	632 000
Operating Profit	452 000	500 000	168 000	189 000
Financial Income	1 000 000	10 000	300 000	800 000
Financial Costs	15 000	22 000	30 000	37 000
Financial Balance	985 000	−12 000	270 000	763 000
Dividends	1 000 000	400 000	0	800 000
Net Income	1 335 000	383 000	407 000	919 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	193 000	186 000	184 000	169 000
Real Eastate	664 000	775 000	896 000	1 047 000
Machinery and Plant Facilities	0	0	0	10 000
Fixtures	0	0	0	0
Total Tangible Assets	664 000	775 000	896 000	1 057 000
Total Fiancial Fixed Assets	339 000	339 000	340 000	340 000
Total Fixed Assets	1 197 000	1 300 000	1 420 000	1 566 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 557 000	636 000	305 000	230 000
Total Current Assets	1 557 000	636 000	382 000	418 000
Total Assets	2 754 000	1 936 000	1 802 000	1 984 000
Total Equity	1 356 000	1 022 000	1 039 000	1 031 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	250 000	375 000	660 000	627 000
Creditors	6 000	0	25 000	210 000
Unpaid Taxes	29 000	28 000	30 000	55 000
Dividends	1 000 000	400 000	0	800 000
Other Current Debt	2 000	404 000	4 000	4 000
Total Current Debt	1 147 000	540 000	103 000	326 000
Total Equity and Debt	2 754 000	1 936 000	1 802 000	1 984 000

Financial indicators	2022	2021	2020	2019
Return on Equity	98,45 %	37,48 %	39,17 %	89,14 %
Debt-to-Equity Ratio	0,18	0,37	0,64	0,61
Operating Profit Margin	61,08 %	63,05 %	22,8 %	23,02 %
Current Ratio	1,36	1,18	3,71	1,28
Quick Ratio	1,36	1,18	3,71	1,28
Equity Ratio	0,49	0,53	0,58	0,52
Gross Profit Margin	93,92 %	95,59 %	95,25 %	95,74 %