HELSET ELEKTRO AS

1351 RUD

Finances

Share Ownership

Return on Equity

29,5 %

Current Ratio

1,6

Debt-to-Equity Ratio

1,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 811 000	22 179 000	19 797 000	21 374 000
Net Income	714 000	22 000	−673 000	−765 000
Total Assets	9 755 000	8 264 000	8 449 000	8 728 000
Total Equity	2 420 000	2 107 000	2 084 000	2 758 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 811 000	22 179 000	19 797 000	21 374 000
Expenditure	15 780 000	22 355 000	20 471 000	22 120 000
Operating Profit	1 031 000	−175 000	−674 000	−746 000
Financial Income	51 000	98 000	20 000	27 000
Financial Costs	189 000	104 000	19 000	45 000
Financial Balance	−138 000	−6 000	1 000	−18 000
Earnings Before Tax	893 000	−182 000	−673 000	−765 000
Tax	179 000	−204 000	0	0
Net Income	714 000	22 000	−673 000	−765 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 518 000	2 639 000	1 421 000	1 362 000
Total Current Assets	6 237 000	5 625 000	7 029 000	7 366 000
Total Assets	9 755 000	8 264 000	8 449 000	8 728 000
Total Retained Equity	2 320 000	2 007 000	1 984 000	2 658 000
Total Equity	2 420 000	2 107 000	2 084 000	2 758 000
Total Long-Term Debt	3 446 000	2 558 000	904 000	1 426 000
Total Current Debt	3 888 000	3 599 000	5 461 000	4 544 000
Total Equity and Debt	9 755 000	8 264 000	8 449 000	8 728 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 651 000	21 778 000	19 766 000	21 378 000
Other Income	161 000	401 000	31 000	−5 000
Revenue	16 811 000	22 179 000	19 797 000	21 374 000
Cost of Goods Sold	4 775 000	7 364 000	7 637 000	7 995 000
Salary Costs	7 478 000	9 848 000	9 919 000	9 213 000
Depreciation	652 000	635 000	235 000	452 000
Impairment	0	0	0	0
Expenditure	15 780 000	22 355 000	20 471 000	22 120 000
Operating Profit	1 031 000	−175 000	−674 000	−746 000
Financial Income	51 000	98 000	20 000	27 000
Financial Costs	189 000	104 000	19 000	45 000
Financial Balance	−138 000	−6 000	1 000	−18 000
Dividends	400 000	0	0	0
Net Income	714 000	22 000	−673 000	−765 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 576 000	2 220 000	963 000	1 356 000
Total Tangible Assets	2 576 000	2 220 000	963 000	1 356 000
Total Fiancial Fixed Assets	942 000	419 000	457 000	6 000
Total Fixed Assets	3 518 000	2 639 000	1 421 000	1 362 000
Stock	585 000	169 000	542 000	750 000
Total Investments	616 000	512 000	0	0
Cash, Bank	3 938 000	3 892 000	3 657 000	2 462 000
Total Current Assets	6 237 000	5 625 000	7 029 000	7 366 000
Total Assets	9 755 000	8 264 000	8 449 000	8 728 000
Total Equity	2 420 000	2 107 000	2 084 000	2 758 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 446 000	2 558 000	904 000	1 426 000
Creditors	1 149 000	1 457 000	2 298 000	1 046 000
Unpaid Taxes	1 203 000	823 000	958 000	1 083 000
Dividends	400 000	0	0	0
Other Current Debt	958 000	1 319 000	2 205 000	2 415 000
Total Current Debt	3 888 000	3 599 000	5 461 000	4 544 000
Total Equity and Debt	9 755 000	8 264 000	8 449 000	8 728 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,5 %	1,04 %	−32,29 %	−27,74 %
Debt-to-Equity Ratio	1,42	1,21	0,43	0,52
Operating Profit Margin	6,13 %	−0,79 %	−3,4 %	−3,49 %
Current Ratio	1,6	1,56	1,29	1,62
Quick Ratio	1,89	1,64	1,43	1,94
Equity Ratio	0,25	0,25	0,25	0,32
Gross Profit Margin	71,6 %	66,8 %	61,42 %	62,59 %