HELMIN AS

1624 GRESSVIK

Finances

Share Ownership

Return on Equity

11,12 %

Current Ratio

3,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	74 080 000	63 395 000	53 762 000	42 522 000
Net Income	2 396 000	6 431 000	3 494 000	2 045 000
Total Assets	30 722 000	28 044 000	21 082 000	17 388 000
Total Equity	21 541 000	19 546 000	13 724 000	10 735 000

Income (NOK)	2022	2021	2020	2019
Revenue	74 080 000	63 395 000	53 762 000	42 522 000
Expenditure	71 112 000	55 101 000	49 325 000	39 743 000
Operating Profit	2 967 000	8 296 000	4 438 000	2 779 000
Financial Income	614 000	276 000	320 000	131 000
Financial Costs	313 000	273 000	320 000	243 000
Financial Balance	301 000	3 000	0	−112 000
Earnings Before Tax	3 269 000	8 298 000	4 438 000	2 668 000
Tax	873 000	1 867 000	944 000	623 000
Net Income	2 396 000	6 431 000	3 494 000	2 045 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	924 000	1 140 000	1 036 000	1 449 000
Total Current Assets	29 798 000	26 904 000	20 046 000	15 938 000
Total Assets	30 722 000	28 044 000	21 082 000	17 388 000
Total Retained Equity	15 319 000	13 323 000	7 502 000	4 513 000
Total Equity	21 541 000	19 546 000	13 724 000	10 735 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 181 000	8 498 000	7 358 000	6 652 000
Total Equity and Debt	30 722 000	28 044 000	21 082 000	17 388 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	73 999 000	63 366 000	53 691 000	42 444 000
Other Income	81 000	29 000	71 000	78 000
Revenue	74 080 000	63 395 000	53 762 000	42 522 000
Cost of Goods Sold	49 792 000	36 364 000	32 919 000	25 000 000
Salary Costs	8 766 000	7 114 000	6 217 000	6 530 000
Depreciation	216 000	197 000	175 000	238 000
Impairment	0	0	0	0
Expenditure	71 112 000	55 101 000	49 325 000	39 743 000
Operating Profit	2 967 000	8 296 000	4 438 000	2 779 000
Financial Income	614 000	276 000	320 000	131 000
Financial Costs	313 000	273 000	320 000	243 000
Financial Balance	301 000	3 000	0	−112 000
Dividends	400 000	610 000	506 000	400 000
Net Income	2 396 000	6 431 000	3 494 000	2 045 000

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	539 000	755 000	652 000	647 000
Total Tangible Assets	539 000	755 000	652 000	647 000
Total Fiancial Fixed Assets	385 000	385 000	384 000	802 000
Total Fixed Assets	924 000	1 140 000	1 036 000	1 449 000
Stock	15 275 000	12 880 000	9 251 000	7 352 000
Total Investments	0	0	0	0
Cash, Bank	6 058 000	5 799 000	4 157 000	2 698 000
Total Current Assets	29 798 000	26 904 000	20 046 000	15 938 000
Total Assets	30 722 000	28 044 000	21 082 000	17 388 000
Total Equity	21 541 000	19 546 000	13 724 000	10 735 000
Short-Term Group Debt	425 000	418 000	712 000	302 000
Total Long-Term Debt	0	0	0	0
Creditors	2 714 000	1 527 000	1 556 000	2 814 000
Unpaid Taxes	3 498 000	2 847 000	2 176 000	1 747 000
Dividends	400 000	610 000	506 000	400 000
Other Current Debt	1 270 000	1 230 000	1 464 000	1 192 000
Total Current Debt	9 181 000	8 498 000	7 358 000	6 652 000
Total Equity and Debt	30 722 000	28 044 000	21 082 000	17 388 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,12 %	32,9 %	25,46 %	19,05 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,01 %	13,09 %	8,25 %	6,54 %
Current Ratio	3,25	3,17	2,72	2,4
Quick Ratio	−4,89	−6,14	−10,59	−22,77
Equity Ratio	0,7	0,7	0,65	0,62
Gross Profit Margin	32,79 %	42,64 %	38,77 %	41,21 %