HELGELAND V&M AS

8800 SANDNESSJØEN

Finances

Share Ownership

Return on Equity

−100,91 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 049 000	6 797 000	5 650 000	9 997 000
Net Income	−1 545 000	−582 000	−661 000	417 000
Total Assets	2 276 000	4 087 000	5 275 000	5 601 000
Total Equity	1 531 000	3 076 000	3 658 000	922 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 049 000	6 797 000	5 650 000	9 997 000
Expenditure	3 583 000	7 385 000	6 326 000	9 438 000
Operating Profit	−1 533 000	−588 000	−676 000	559 000
Financial Income	16 000	15 000	5 000	2 000
Financial Costs	28 000	9 000	30 000	24 000
Financial Balance	−12 000	6 000	−25 000	−22 000
Earnings Before Tax	−1 545 000	−582 000	−701 000	537 000
Tax	0	0	−39 000	120 000
Net Income	−1 545 000	−582 000	−661 000	417 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 489 000	2 202 000	2 915 000	3 629 000
Total Current Assets	787 000	1 886 000	2 361 000	1 971 000
Total Assets	2 276 000	4 087 000	5 275 000	5 601 000
Total Retained Equity	−2 266 000	−721 000	−139 000	522 000
Total Equity	1 531 000	3 076 000	3 658 000	922 000
Total Long-Term Debt	0	0	0	5 000
Total Current Debt	746 000	1 012 000	1 618 000	4 673 000
Total Equity and Debt	2 276 000	4 087 000	5 275 000	5 601 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 049 000	6 797 000	5 650 000	9 990 000
Other Income	0	0	0	7 000
Revenue	2 049 000	6 797 000	5 650 000	9 997 000
Cost of Goods Sold	1 026 000	1 317 000	122 000	4 080 000
Salary Costs	1 148 000	4 106 000	4 264 000	3 670 000
Depreciation	713 000	713 000	713 000	35 000
Impairment	0	0	0	0
Expenditure	3 583 000	7 385 000	6 326 000	9 438 000
Operating Profit	−1 533 000	−588 000	−676 000	559 000
Financial Income	16 000	15 000	5 000	2 000
Financial Costs	28 000	9 000	30 000	24 000
Financial Balance	−12 000	6 000	−25 000	−22 000
Dividends	0	0	0	0
Net Income	−1 545 000	−582 000	−661 000	417 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 365 000	2 048 000	2 730 000	3 413 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	124 000	154 000	184 000	215 000
Total Tangible Assets	124 000	154 000	184 000	215 000
Total Fiancial Fixed Assets	0	0	0	2 000
Total Fixed Assets	1 489 000	2 202 000	2 915 000	3 629 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	216 000	1 335 000	800 000	535 000
Total Current Assets	787 000	1 886 000	2 361 000	1 971 000
Total Assets	2 276 000	4 087 000	5 275 000	5 601 000
Total Equity	1 531 000	3 076 000	3 658 000	922 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	5 000
Creditors	90 000	477 000	256 000	286 000
Unpaid Taxes	58 000	169 000	137 000	455 000
Dividends	0	0	0	0
Other Current Debt	159 000	366 000	1 225 000	3 758 000
Total Current Debt	746 000	1 012 000	1 618 000	4 673 000
Total Equity and Debt	2 276 000	4 087 000	5 275 000	5 601 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−100,91 %	−18,92 %	−18,07 %	45,23 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−74,82 %	−8,65 %	−11,96 %	5,59 %
Current Ratio	1,05	1,86	1,46	0,42
Quick Ratio	1,05	1,86	1,46	0,42
Equity Ratio	0,67	0,75	0,69	0,16
Gross Profit Margin	49,93 %	80,62 %	97,84 %	59,19 %