HELGEMO MUSIKK AS

7310 GJØLME

Finances

Share Ownership

Return on Equity

24,77 %

Current Ratio

33,17

Debt-to-Equity Ratio

0,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	191 000	160 000	111 000	131 000
Net Income	53 000	17 000	38 000	14 000
Total Assets	324 000	236 000	247 000	261 000
Total Equity	214 000	161 000	144 000	106 000

Income (NOK)	2022	2021	2020	2019
Revenue	191 000	160 000	111 000	131 000
Expenditure	105 000	132 000	56 000	110 000
Operating Profit	87 000	28 000	55 000	21 000
Financial Income	0	0	0	0
Financial Costs	15 000	5 000	6 000	4 000
Financial Balance	−15 000	−5 000	−6 000	−4 000
Earnings Before Tax	71 000	22 000	49 000	17 000
Tax	19 000	5 000	11 000	4 000
Net Income	53 000	17 000	38 000	14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	125 000	138 000	143 000	170 000
Total Current Assets	199 000	98 000	104 000	91 000
Total Assets	324 000	236 000	247 000	261 000
Total Retained Equity	114 000	61 000	44 000	6 000
Total Equity	214 000	161 000	144 000	106 000
Total Long-Term Debt	104 000	73 000	90 000	107 000
Total Current Debt	6 000	2 000	13 000	48 000
Total Equity and Debt	324 000	236 000	247 000	261 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	191 000	160 000	111 000	131 000
Other Income	0	0	0	0
Revenue	191 000	160 000	111 000	131 000
Cost of Goods Sold	0	0	0	0
Salary Costs	9 000	4 000	−13 000	0
Depreciation	0	0	16 000	17 000
Impairment	0	0	0	0
Expenditure	105 000	132 000	56 000	110 000
Operating Profit	87 000	28 000	55 000	21 000
Financial Income	0	0	0	0
Financial Costs	15 000	5 000	6 000	4 000
Financial Balance	−15 000	−5 000	−6 000	−4 000
Dividends	0	0	0	0
Net Income	53 000	17 000	38 000	14 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	13 000	18 000	29 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	125 000	125 000	125 000	141 000
Total Tangible Assets	125 000	125 000	125 000	141 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	125 000	138 000	143 000	170 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	1 000	0
Total Current Assets	199 000	98 000	104 000	91 000
Total Assets	324 000	236 000	247 000	261 000
Total Equity	214 000	161 000	144 000	106 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	104 000	73 000	90 000	107 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	2 000
Dividends	0	0	0	0
Other Current Debt	0	2 000	13 000	47 000
Total Current Debt	6 000	2 000	13 000	48 000
Total Equity and Debt	324 000	236 000	247 000	261 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,77 %	10,56 %	26,39 %	13,21 %
Debt-to-Equity Ratio	0,49	0,45	0,63	1,01
Operating Profit Margin	45,55 %	17,5 %	49,55 %	16,03 %
Current Ratio	33,17	49	8	1,9
Quick Ratio	33,17	49	8	1,9
Equity Ratio	0,66	0,68	0,58	0,41
Gross Profit Margin	100 %	100 %	100 %	100 %