HELLAND DRIFT AS

1553 SON

Finances

Share Ownership

Return on Equity

−62,15 %

Current Ratio

0,73

Debt-to-Equity Ratio

−0,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 696 000	2 073 000	3 646 000	3 657 000
Net Income	220 000	126 000	−416 000	208 000
Total Assets	980 000	1 519 000	1 519 000	1 561 000
Total Equity	−354 000	58 000	−68 000	348 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 696 000	2 073 000	3 646 000	3 657 000
Expenditure	4 386 000	1 897 000	4 046 000	3 398 000
Operating Profit	310 000	176 000	−400 000	258 000
Financial Income	0	0	0	0
Financial Costs	28 000	51 000	27 000	25 000
Financial Balance	−28 000	−51 000	−27 000	−25 000
Earnings Before Tax	282 000	126 000	−427 000	233 000
Tax	61 000	0	−11 000	26 000
Net Income	220 000	126 000	−416 000	208 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	245 000	306 000	427 000	377 000
Total Current Assets	735 000	1 213 000	1 092 000	1 185 000
Total Assets	980 000	1 519 000	1 519 000	1 561 000
Total Retained Equity	−458 000	−46 000	−171 000	245 000
Total Equity	−354 000	58 000	−68 000	348 000
Total Long-Term Debt	331 000	436 000	406 000	400 000
Total Current Debt	1 003 000	1 026 000	1 180 000	813 000
Total Equity and Debt	980 000	1 519 000	1 519 000	1 561 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 696 000	2 167 000	3 552 000	3 661 000
Other Income	0	−94 000	94 000	−4 000
Revenue	4 696 000	2 073 000	3 646 000	3 657 000
Cost of Goods Sold	1 632 000	482 000	1 503 000	957 000
Salary Costs	1 978 000	874 000	1 907 000	1 690 000
Depreciation	61 000	121 000	124 000	71 000
Impairment	0	0	0	0
Expenditure	4 386 000	1 897 000	4 046 000	3 398 000
Operating Profit	310 000	176 000	−400 000	258 000
Financial Income	0	0	0	0
Financial Costs	28 000	51 000	27 000	25 000
Financial Balance	−28 000	−51 000	−27 000	−25 000
Dividends	0	0	0	0
Net Income	220 000	126 000	−416 000	208 000

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	245 000	306 000	427 000	377 000
Total Tangible Assets	245 000	306 000	427 000	377 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	245 000	306 000	427 000	377 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	659 000	390 000	263 000	425 000
Total Current Assets	735 000	1 213 000	1 092 000	1 185 000
Total Assets	980 000	1 519 000	1 519 000	1 561 000
Total Equity	−354 000	58 000	−68 000	348 000
Short-Term Group Debt	250 000	0	250 000	250 000
Total Long-Term Debt	331 000	436 000	406 000	400 000
Creditors	184 000	365 000	339 000	205 000
Unpaid Taxes	239 000	264 000	348 000	155 000
Dividends	0	0	0	0
Other Current Debt	232 000	397 000	244 000	162 000
Total Current Debt	1 003 000	1 026 000	1 180 000	813 000
Total Equity and Debt	980 000	1 519 000	1 519 000	1 561 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−62,15 %	217,24 %	611,76 %	59,77 %
Debt-to-Equity Ratio	−0,94	7,52	−5,97	1,15
Operating Profit Margin	6,6 %	8,49 %	−10,97 %	7,05 %
Current Ratio	0,73	1,18	0,93	1,46
Quick Ratio	0,73	1,18	0,93	1,46
Equity Ratio	−0,36	0,04	−0,04	0,22
Gross Profit Margin	65,25 %	76,75 %	58,78 %	73,83 %