HELGELAND SVEIS AS

8920 SØMNA

Finances

Share Ownership

Return on Equity

49,9 %

Current Ratio

1,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 165 000	11 435 000	8 550 000	8 348 000
Net Income	2 932 000	669 000	56 000	234 000
Total Assets	10 528 000	5 529 000	5 108 000	4 324 000
Total Equity	5 876 000	2 944 000	2 275 000	2 219 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 165 000	11 435 000	8 550 000	8 348 000
Expenditure	17 490 000	10 543 000	8 376 000	7 812 000
Operating Profit	3 675 000	892 000	174 000	536 000
Financial Income	93 000	10 000	0	1 000
Financial Costs	32 000	38 000	90 000	189 000
Financial Balance	61 000	−28 000	−90 000	−188 000
Earnings Before Tax	3 736 000	864 000	84 000	347 000
Tax	804 000	196 000	28 000	113 000
Net Income	2 932 000	669 000	56 000	234 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 392 000	2 173 000	2 332 000	2 475 000
Total Current Assets	8 136 000	3 357 000	2 776 000	1 850 000
Total Assets	10 528 000	5 529 000	5 108 000	4 324 000
Total Retained Equity	5 726 000	2 794 000	2 125 000	2 069 000
Total Equity	5 876 000	2 944 000	2 275 000	2 219 000
Total Long-Term Debt	0	425 000	815 000	574 000
Total Current Debt	4 653 000	2 161 000	2 018 000	1 531 000
Total Equity and Debt	10 528 000	5 529 000	5 108 000	4 324 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 127 000	11 395 000	8 510 000	8 238 000
Other Income	38 000	40 000	40 000	110 000
Revenue	21 165 000	11 435 000	8 550 000	8 348 000
Cost of Goods Sold	5 392 000	4 537 000	3 197 000	1 519 000
Salary Costs	8 217 000	4 292 000	3 293 000	3 903 000
Depreciation	294 000	252 000	322 000	347 000
Impairment	90 000	0	100 000	36 000
Expenditure	17 490 000	10 543 000	8 376 000	7 812 000
Operating Profit	3 675 000	892 000	174 000	536 000
Financial Income	93 000	10 000	0	1 000
Financial Costs	32 000	38 000	90 000	189 000
Financial Balance	61 000	−28 000	−90 000	−188 000
Dividends	0	0	0	0
Net Income	2 932 000	669 000	56 000	234 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	22 000	20 000	0	12 000
Real Eastate	862 000	910 000	962 000	979 000
Machinery and Plant Facilities	619 000	823 000	936 000	843 000
Fixtures	877 000	408 000	433 000	600 000
Total Tangible Assets	2 358 000	2 141 000	2 331 000	2 422 000
Total Fiancial Fixed Assets	12 000	12 000	1 000	41 000
Total Fixed Assets	2 392 000	2 173 000	2 332 000	2 475 000
Stock	453 000	186 000	147 000	237 000
Total Investments	0	0	0	0
Cash, Bank	3 803 000	2 218 000	1 547 000	165 000
Total Current Assets	8 136 000	3 357 000	2 776 000	1 850 000
Total Assets	10 528 000	5 529 000	5 108 000	4 324 000
Total Equity	5 876 000	2 944 000	2 275 000	2 219 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	425 000	815 000	574 000
Creditors	674 000	682 000	848 000	121 000
Unpaid Taxes	1 429 000	762 000	501 000	531 000
Dividends	0	0	0	0
Other Current Debt	1 743 000	430 000	669 000	378 000
Total Current Debt	4 653 000	2 161 000	2 018 000	1 531 000
Total Equity and Debt	10 528 000	5 529 000	5 108 000	4 324 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,9 %	22,72 %	2,46 %	10,55 %
Debt-to-Equity Ratio	0	0,14	0,36	0,26
Operating Profit Margin	17,36 %	7,8 %	2,04 %	6,42 %
Current Ratio	1,75	1,55	1,38	1,21
Quick Ratio	1,94	1,7	1,48	1,43
Equity Ratio	0,56	0,53	0,45	0,51
Gross Profit Margin	74,52 %	60,32 %	62,61 %	81,8 %