HELPMAN NORWAY AS

5582 ØLENSVÅG

Finances

Share Ownership

Return on Equity

8,28 %

Current Ratio

4,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 436 000	28 345 000	27 531 000	69 162 000
Net Income	805 000	1 247 000	146 000	3 002 000
Total Assets	12 504 000	10 760 000	11 224 000	33 982 000
Total Equity	9 720 000	8 915 000	7 762 000	7 615 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 436 000	28 345 000	27 531 000	69 162 000
Expenditure	27 440 000	26 774 000	27 314 000	65 358 000
Operating Profit	996 000	1 571 000	217 000	3 803 000
Financial Income	176 000	106 000	17 000	86 000
Financial Costs	141 000	79 000	44 000	39 000
Financial Balance	35 000	27 000	−27 000	47 000
Earnings Before Tax	1 032 000	1 598 000	190 000	3 849 000
Tax	227 000	352 000	43 000	847 000
Net Income	805 000	1 247 000	146 000	3 002 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	3 000	3 000	4 000
Total Current Assets	12 504 000	10 757 000	11 221 000	33 978 000
Total Assets	12 504 000	10 760 000	11 224 000	33 982 000
Total Retained Equity	9 618 000	8 813 000	7 660 000	7 513 000
Total Equity	9 720 000	8 915 000	7 762 000	7 615 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 784 000	1 845 000	3 463 000	26 367 000
Total Equity and Debt	12 504 000	10 760 000	11 224 000	33 982 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 436 000	28 345 000	27 531 000	69 162 000
Other Income	0	0	0	0
Revenue	28 436 000	28 345 000	27 531 000	69 162 000
Cost of Goods Sold	0	0	0	0
Salary Costs	15 201 000	17 472 000	15 956 000	37 382 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	27 440 000	26 774 000	27 314 000	65 358 000
Operating Profit	996 000	1 571 000	217 000	3 803 000
Financial Income	176 000	106 000	17 000	86 000
Financial Costs	141 000	79 000	44 000	39 000
Financial Balance	35 000	27 000	−27 000	47 000
Dividends	0	0	0	0
Net Income	805 000	1 247 000	146 000	3 002 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	3 000	3 000	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	3 000	3 000	4 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 379 000	5 157 000	3 668 000	7 631 000
Total Current Assets	12 504 000	10 757 000	11 221 000	33 978 000
Total Assets	12 504 000	10 760 000	11 224 000	33 982 000
Total Equity	9 720 000	8 915 000	7 762 000	7 615 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	927 000	202 000	1 636 000	3 882 000
Unpaid Taxes	453 000	1 055 000	1 615 000	2 765 000
Dividends	0	0	0	0
Other Current Debt	1 179 000	237 000	169 000	18 873 000
Total Current Debt	2 784 000	1 845 000	3 463 000	26 367 000
Total Equity and Debt	12 504 000	10 760 000	11 224 000	33 982 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,28 %	13,99 %	1,88 %	39,42 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,5 %	5,54 %	0,79 %	5,5 %
Current Ratio	4,49	5,83	3,24	1,29
Quick Ratio	4,49	5,83	3,24	1,29
Equity Ratio	0,78	0,83	0,69	0,22
Gross Profit Margin	100 %	100 %	100 %	100 %