HELLSTRØM FLYGEL OG PIANO AS

1184 OSLO

Finances

Share Ownership

Return on Equity

11,36 %

Current Ratio

6,69

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 584 000	10 292 000	13 752 000	11 375 000
Net Income	1 056 000	−85 000	1 253 000	260 000
Total Assets	11 870 000	10 878 000	11 762 000	10 559 000
Total Equity	9 298 000	8 442 000	8 527 000	7 474 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 584 000	10 292 000	13 752 000	11 375 000
Expenditure	12 042 000	10 320 000	12 048 000	10 947 000
Operating Profit	1 542 000	−28 000	1 705 000	428 000
Financial Income	68 000	36 000	9 000	9 000
Financial Costs	256 000	117 000	107 000	103 000
Financial Balance	−188 000	−81 000	−98 000	−94 000
Earnings Before Tax	1 354 000	−109 000	1 607 000	334 000
Tax	298 000	−24 000	353 000	74 000
Net Income	1 056 000	−85 000	1 253 000	260 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	477 000	794 000	861 000	1 150 000
Total Current Assets	11 393 000	10 085 000	10 901 000	9 409 000
Total Assets	11 870 000	10 878 000	11 762 000	10 559 000
Total Retained Equity	9 188 000	8 332 000	8 417 000	7 364 000
Total Equity	9 298 000	8 442 000	8 527 000	7 474 000
Total Long-Term Debt	870 000	1 243 000	1 127 000	1 459 000
Total Current Debt	1 703 000	1 193 000	2 108 000	1 626 000
Total Equity and Debt	11 870 000	10 878 000	11 762 000	10 559 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 584 000	10 229 000	13 649 000	11 375 000
Other Income	0	63 000	103 000	0
Revenue	13 584 000	10 292 000	13 752 000	11 375 000
Cost of Goods Sold	7 019 000	6 021 000	7 819 000	6 786 000
Salary Costs	2 856 000	2 586 000	2 477 000	2 303 000
Depreciation	337 000	349 000	298 000	269 000
Impairment	0	0	0	0
Expenditure	12 042 000	10 320 000	12 048 000	10 947 000
Operating Profit	1 542 000	−28 000	1 705 000	428 000
Financial Income	68 000	36 000	9 000	9 000
Financial Costs	256 000	117 000	107 000	103 000
Financial Balance	−188 000	−81 000	−98 000	−94 000
Dividends	0	0	0	0
Net Income	1 056 000	−85 000	1 253 000	260 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	93 000	72 000	48 000	39 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	385 000	722 000	813 000	1 111 000
Total Tangible Assets	385 000	722 000	813 000	1 111 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	477 000	794 000	861 000	1 150 000
Stock	6 508 000	5 377 000	3 877 000	4 858 000
Total Investments	0	0	0	0
Cash, Bank	3 595 000	3 321 000	3 080 000	3 433 000
Total Current Assets	11 393 000	10 085 000	10 901 000	9 409 000
Total Assets	11 870 000	10 878 000	11 762 000	10 559 000
Total Equity	9 298 000	8 442 000	8 527 000	7 474 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	870 000	1 243 000	1 127 000	1 459 000
Creditors	135 000	140 000	118 000	502 000
Unpaid Taxes	684 000	838 000	1 408 000	711 000
Dividends	0	0	0	0
Other Current Debt	564 000	216 000	219 000	319 000
Total Current Debt	1 703 000	1 193 000	2 108 000	1 626 000
Total Equity and Debt	11 870 000	10 878 000	11 762 000	10 559 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,36 %	−1,01 %	14,69 %	3,48 %
Debt-to-Equity Ratio	0,09	0,15	0,13	0,2
Operating Profit Margin	11,35 %	−0,27 %	12,4 %	3,76 %
Current Ratio	6,69	8,45	5,17	5,79
Quick Ratio	−2,37	−2,41	−6,16	−2,91
Equity Ratio	0,78	0,78	0,72	0,71
Gross Profit Margin	48,33 %	41,5 %	43,14 %	40,34 %