HELLESETH & HOVLAND AS

5237 RÅDAL

Finances

Share Ownership

Return on Equity

389,95 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 517 000	9 719 000	7 362 000	4 735 000
Net Income	1 474 000	1 481 000	1 370 000	844 000
Total Assets	3 023 000	3 528 000	3 725 000	2 649 000
Total Equity	378 000	105 000	551 000	482 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 517 000	9 719 000	7 362 000	4 735 000
Expenditure	7 628 000	7 823 000	5 614 000	3 660 000
Operating Profit	1 889 000	1 896 000	1 748 000	1 075 000
Financial Income	12 000	10 000	10 000	11 000
Financial Costs	0	0	0	0
Financial Balance	12 000	10 000	10 000	11 000
Earnings Before Tax	1 901 000	1 906 000	1 758 000	1 086 000
Tax	428 000	424 000	388 000	242 000
Net Income	1 474 000	1 481 000	1 370 000	844 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 000	0	3 000	11 000
Total Current Assets	2 999 000	3 528 000	3 723 000	2 638 000
Total Assets	3 023 000	3 528 000	3 725 000	2 649 000
Total Retained Equity	178 000	−95 000	351 000	282 000
Total Equity	378 000	105 000	551 000	482 000
Total Long-Term Debt	1 000	0	0	0
Total Current Debt	2 644 000	3 423 000	3 174 000	2 167 000
Total Equity and Debt	3 023 000	3 528 000	3 725 000	2 649 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 517 000	9 719 000	7 362 000	4 735 000
Other Income	0	0	0	0
Revenue	9 517 000	9 719 000	7 362 000	4 735 000
Cost of Goods Sold	4 584 000	5 038 000	2 971 000	1 063 000
Salary Costs	1 754 000	1 743 000	1 724 000	1 726 000
Depreciation	4 000	0	9 000	5 000
Impairment	0	0	0	0
Expenditure	7 628 000	7 823 000	5 614 000	3 660 000
Operating Profit	1 889 000	1 896 000	1 748 000	1 075 000
Financial Income	12 000	10 000	10 000	11 000
Financial Costs	0	0	0	0
Financial Balance	12 000	10 000	10 000	11 000
Dividends	1 200 000	1 928 000	1 300 000	800 000
Net Income	1 474 000	1 481 000	1 370 000	844 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	3 000	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	23 000	0	0	9 000
Total Tangible Assets	23 000	0	0	9 000
Total Fiancial Fixed Assets	1 000	0	0	0
Total Fixed Assets	24 000	0	3 000	11 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 137 000	2 519 000	2 726 000	1 947 000
Total Current Assets	2 999 000	3 528 000	3 723 000	2 638 000
Total Assets	3 023 000	3 528 000	3 725 000	2 649 000
Total Equity	378 000	105 000	551 000	482 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	0	0
Creditors	622 000	718 000	1 080 000	565 000
Unpaid Taxes	244 000	203 000	252 000	248 000
Dividends	1 200 000	1 928 000	1 300 000	800 000
Other Current Debt	152 000	152 000	152 000	312 000
Total Current Debt	2 644 000	3 423 000	3 174 000	2 167 000
Total Equity and Debt	3 023 000	3 528 000	3 725 000	2 649 000

Financial indicators	2022	2021	2020	2019
Return on Equity	389,95 %	1 410,48 %	248,64 %	175,1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	19,85 %	19,51 %	23,74 %	22,7 %
Current Ratio	1,13	1,03	1,17	1,22
Quick Ratio	1,13	1,03	1,17	1,22
Equity Ratio	0,13	0,03	0,15	0,18
Gross Profit Margin	51,83 %	48,16 %	59,64 %	77,55 %