HELLAND SOLUTIONS AS

5419 FITJAR

Finances

Share Ownership

Return on Equity

22,86 %

Current Ratio

8,8

Debt-to-Equity Ratio

−3,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	441 000	659 000	658 000	1 673 000
Net Income	−107 000	−305 000	−160 000	39 000
Total Assets	1 169 000	1 259 000	1 291 000	1 447 000
Total Equity	−468 000	−361 000	−55 000	104 000

Income (NOK)	2022	2021	2020	2019
Revenue	441 000	659 000	658 000	1 673 000
Expenditure	548 000	957 000	805 000	1 612 000
Operating Profit	−108 000	−299 000	−147 000	61 000
Financial Income	0	0	1 000	0
Financial Costs	0	7 000	13 000	22 000
Financial Balance	0	−7 000	−12 000	−22 000
Earnings Before Tax	−107 000	−305 000	−160 000	39 000
Tax	0	0	0	0
Net Income	−107 000	−305 000	−160 000	39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	359 000	497 000	618 000	754 000
Total Current Assets	810 000	762 000	673 000	693 000
Total Assets	1 169 000	1 259 000	1 291 000	1 447 000
Total Retained Equity	−573 000	−466 000	−160 000	−1 000
Total Equity	−468 000	−361 000	−55 000	104 000
Total Long-Term Debt	1 545 000	0	0	0
Total Current Debt	92 000	1 620 000	1 346 000	1 343 000
Total Equity and Debt	1 169 000	1 259 000	1 291 000	1 447 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	441 000	659 000	658 000	1 673 000
Other Income	0	0	0	0
Revenue	441 000	659 000	658 000	1 673 000
Cost of Goods Sold	334 000	643 000	531 000	1 334 000
Salary Costs	0	0	0	0
Depreciation	138 000	138 000	136 000	133 000
Impairment	0	0	0	0
Expenditure	548 000	957 000	805 000	1 612 000
Operating Profit	−108 000	−299 000	−147 000	61 000
Financial Income	0	0	1 000	0
Financial Costs	0	7 000	13 000	22 000
Financial Balance	0	−7 000	−12 000	−22 000
Dividends	0	0	0	0
Net Income	−107 000	−305 000	−160 000	39 000

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	339 000	470 000	579 000	708 000
Fixtures	20 000	27 000	34 000	41 000
Total Tangible Assets	359 000	497 000	613 000	749 000
Total Fiancial Fixed Assets	0	0	5 000	5 000
Total Fixed Assets	359 000	497 000	618 000	754 000
Stock	555 000	516 000	503 000	530 000
Total Investments	0	0	0	0
Cash, Bank	255 000	247 000	165 000	155 000
Total Current Assets	810 000	762 000	673 000	693 000
Total Assets	1 169 000	1 259 000	1 291 000	1 447 000
Total Equity	−468 000	−361 000	−55 000	104 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 545 000	0	0	0
Creditors	0	0	3 000	12 000
Unpaid Taxes	92 000	75 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	1 545 000	1 343 000	1 331 000
Total Current Debt	92 000	1 620 000	1 346 000	1 343 000
Total Equity and Debt	1 169 000	1 259 000	1 291 000	1 447 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,86 %	84,49 %	290,91 %	37,5 %
Debt-to-Equity Ratio	−3,3	−0	−0	0
Operating Profit Margin	−24,49 %	−45,37 %	−22,34 %	3,65 %
Current Ratio	8,8	0,47	0,5	0,52
Quick Ratio	−1,75	0,69	0,8	0,85
Equity Ratio	−0,4	−0,29	−0,04	0,07
Gross Profit Margin	24,26 %	2,43 %	19,3 %	20,26 %