HELLEVANG AS

5212 SØFTELAND

Finances

Return on Equity

−90,18 %

Current Ratio

8,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 000	0	1 362 000	845 000
Net Income	−450 000	−548 000	562 000	307 000
Total Assets	567 000	993 000	1 683 000	1 071 000
Total Equity	499 000	949 000	1 497 000	935 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 000	0	1 362 000	845 000
Expenditure	56 000	133 000	709 000	548 000
Operating Profit	−50 000	−134 000	653 000	298 000
Financial Income	8 000	4 000	11 000	9 000
Financial Costs	408 000	418 000	0	0
Financial Balance	−400 000	−414 000	11 000	9 000
Earnings Before Tax	−450 000	−548 000	664 000	307 000
Tax	0	0	102 000	0
Net Income	−450 000	−548 000	562 000	307 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	280 000	698 000	302 000
Total Current Assets	567 000	713 000	985 000	769 000
Total Assets	567 000	993 000	1 683 000	1 071 000
Total Retained Equity	465 000	915 000	1 463 000	901 000
Total Equity	499 000	949 000	1 497 000	935 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	68 000	44 000	185 000	135 000
Total Equity and Debt	567 000	993 000	1 683 000	1 071 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 000	0	1 362 000	845 000
Other Income	0	0	0	0
Revenue	6 000	0	1 362 000	845 000
Cost of Goods Sold	0	0	1 000	0
Salary Costs	−3 000	48 000	617 000	397 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	56 000	133 000	709 000	548 000
Operating Profit	−50 000	−134 000	653 000	298 000
Financial Income	8 000	4 000	11 000	9 000
Financial Costs	408 000	418 000	0	0
Financial Balance	−400 000	−414 000	11 000	9 000
Dividends	0	0	0	0
Net Income	−450 000	−548 000	562 000	307 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	280 000	698 000	302 000
Total Fixed Assets	0	280 000	698 000	302 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	567 000	707 000	960 000	764 000
Total Current Assets	567 000	713 000	985 000	769 000
Total Assets	567 000	993 000	1 683 000	1 071 000
Total Equity	499 000	949 000	1 497 000	935 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	1 000	4 000
Unpaid Taxes	−2 000	5 000	71 000	61 000
Dividends	0	0	0	0
Other Current Debt	71 000	39 000	12 000	70 000
Total Current Debt	68 000	44 000	185 000	135 000
Total Equity and Debt	567 000	993 000	1 683 000	1 071 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−90,18 %	−57,74 %	37,54 %	32,83 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−833,33 %	-	47,94 %	35,27 %
Current Ratio	8,34	16,2	5,32	5,7
Quick Ratio	8,34	16,2	5,32	5,7
Equity Ratio	0,88	0,96	0,89	0,87
Gross Profit Margin	100 %	-	99,93 %	100 %