GJERMUND HELLUM AS

3060 SVELVIK

Finances

Share Ownership

Return on Equity

−56,11 %

Current Ratio

0,6

Debt-to-Equity Ratio

0,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 994 000	2 660 000	3 106 000	3 394 000
Net Income	−170 000	−111 000	−104 000	−69 000
Total Assets	1 272 000	1 595 000	2 179 000	2 118 000
Total Equity	303 000	473 000	584 000	688 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 994 000	2 660 000	3 106 000	3 394 000
Expenditure	3 127 000	2 747 000	3 198 000	3 441 000
Operating Profit	−133 000	−87 000	−92 000	−48 000
Financial Income	0	0	0	0
Financial Costs	37 000	50 000	42 000	40 000
Financial Balance	−37 000	−50 000	−42 000	−40 000
Earnings Before Tax	−170 000	−137 000	−133 000	−88 000
Tax	0	−26 000	−29 000	−19 000
Net Income	−170 000	−111 000	−104 000	−69 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	782 000	784 000	1 037 000	1 332 000
Total Current Assets	490 000	811 000	1 142 000	786 000
Total Assets	1 272 000	1 595 000	2 179 000	2 118 000
Total Retained Equity	−197 000	−27 000	84 000	188 000
Total Equity	303 000	473 000	584 000	688 000
Total Long-Term Debt	156 000	208 000	286 000	364 000
Total Current Debt	813 000	914 000	1 308 000	1 066 000
Total Equity and Debt	1 272 000	1 595 000	2 179 000	2 118 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 680 000	2 660 000	3 106 000	3 394 000
Other Income	314 000	0	0	0
Revenue	2 994 000	2 660 000	3 106 000	3 394 000
Cost of Goods Sold	388 000	351 000	588 000	443 000
Salary Costs	957 000	706 000	966 000	1 174 000
Depreciation	145 000	103 000	91 000	180 000
Impairment	0	0	0	0
Expenditure	3 127 000	2 747 000	3 198 000	3 441 000
Operating Profit	−133 000	−87 000	−92 000	−48 000
Financial Income	0	0	0	0
Financial Costs	37 000	50 000	42 000	40 000
Financial Balance	−37 000	−50 000	−42 000	−40 000
Dividends	0	0	0	0
Net Income	−170 000	−111 000	−104 000	−69 000

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	553 000	160 000	106 000	93 000
Fixtures	0	214 000	259 000	305 000
Total Tangible Assets	553 000	374 000	366 000	399 000
Total Fiancial Fixed Assets	229 000	410 000	672 000	933 000
Total Fixed Assets	782 000	784 000	1 037 000	1 332 000
Stock	171 000	212 000	212 000	195 000
Total Investments	0	0	0	0
Cash, Bank	13 000	62 000	257 000	144 000
Total Current Assets	490 000	811 000	1 142 000	786 000
Total Assets	1 272 000	1 595 000	2 179 000	2 118 000
Total Equity	303 000	473 000	584 000	688 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	156 000	208 000	286 000	364 000
Creditors	144 000	202 000	287 000	218 000
Unpaid Taxes	107 000	139 000	302 000	142 000
Dividends	0	0	0	0
Other Current Debt	561 000	572 000	719 000	707 000
Total Current Debt	813 000	914 000	1 308 000	1 066 000
Total Equity and Debt	1 272 000	1 595 000	2 179 000	2 118 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−56,11 %	−23,47 %	−17,81 %	−10,03 %
Debt-to-Equity Ratio	0,51	0,44	0,49	0,53
Operating Profit Margin	−4,44 %	−3,27 %	−2,96 %	−1,41 %
Current Ratio	0,6	0,89	0,87	0,74
Quick Ratio	0,76	1,16	1,04	0,9
Equity Ratio	0,24	0,3	0,27	0,32
Gross Profit Margin	87,04 %	86,8 %	81,07 %	86,95 %