HELMERSEN VVS OG VARMEPUMPER AS

7603 LEVANGER

Finances

Return on Equity

−3,13 %

Current Ratio

1,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 245 000	3 062 000	2 970 000	2 939 000
Net Income	−14 000	−36 000	138 000	−2 000
Total Assets	1 287 000	882 000	962 000	732 000
Total Equity	447 000	462 000	497 000	359 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 245 000	3 062 000	2 970 000	2 939 000
Expenditure	3 289 000	3 124 000	2 809 000	2 957 000
Operating Profit	−43 000	−61 000	162 000	−18 000
Financial Income	19 000	13 000	13 000	13 000
Financial Costs	0	0	1 000	0
Financial Balance	19 000	13 000	12 000	13 000
Earnings Before Tax	−24 000	−49 000	174 000	−6 000
Tax	−9 000	−13 000	36 000	−4 000
Net Income	−14 000	−36 000	138 000	−2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	177 000	145 000	110 000	156 000
Total Current Assets	1 111 000	738 000	852 000	577 000
Total Assets	1 287 000	882 000	962 000	732 000
Total Retained Equity	347 000	362 000	397 000	259 000
Total Equity	447 000	462 000	497 000	359 000
Total Long-Term Debt	0	0	3 000	0
Total Current Debt	840 000	421 000	462 000	373 000
Total Equity and Debt	1 287 000	882 000	962 000	732 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 967 000	3 062 000	2 971 000	2 939 000
Other Income	278 000	0	0	0
Revenue	3 245 000	3 062 000	2 970 000	2 939 000
Cost of Goods Sold	1 559 000	1 429 000	1 225 000	1 405 000
Salary Costs	1 297 000	1 246 000	1 119 000	1 016 000
Depreciation	29 000	10 000	3 000	6 000
Impairment	0	0	0	0
Expenditure	3 289 000	3 124 000	2 809 000	2 957 000
Operating Profit	−43 000	−61 000	162 000	−18 000
Financial Income	19 000	13 000	13 000	13 000
Financial Costs	0	0	1 000	0
Financial Balance	19 000	13 000	12 000	13 000
Dividends	0	0	0	0
Net Income	−14 000	−36 000	138 000	−2 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	11 000	0	23 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	23 000
Fixtures	47 000	24 000	0	0
Total Tangible Assets	47 000	24 000	0	23 000
Total Fiancial Fixed Assets	110 000	110 000	110 000	110 000
Total Fixed Assets	177 000	145 000	110 000	156 000
Stock	212 000	153 000	202 000	109 000
Total Investments	0	0	0	0
Cash, Bank	767 000	447 000	569 000	338 000
Total Current Assets	1 111 000	738 000	852 000	577 000
Total Assets	1 287 000	882 000	962 000	732 000
Total Equity	447 000	462 000	497 000	359 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	3 000	0
Creditors	515 000	121 000	182 000	111 000
Unpaid Taxes	161 000	169 000	148 000	148 000
Dividends	0	0	0	0
Other Current Debt	164 000	131 000	122 000	114 000
Total Current Debt	840 000	421 000	462 000	373 000
Total Equity and Debt	1 287 000	882 000	962 000	732 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,13 %	−7,79 %	27,77 %	−0,56 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	−1,33 %	−1,99 %	5,45 %	−0,61 %
Current Ratio	1,32	1,75	1,84	1,55
Quick Ratio	1,77	2,75	3,28	2,19
Equity Ratio	0,35	0,52	0,52	0,49
Gross Profit Margin	51,96 %	53,33 %	58,75 %	52,19 %