HELGANESVEGEN AS

4262 AVALDSNES

Finances

Share Ownership

Return on Equity

−390,7 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	862 000	953 000	509 000	0
Net Income	−168 000	−86 000	317 000	−14 000
Total Assets	117 000	823 000	344 000	8 000
Total Equity	43 000	211 000	296 000	−28 000

Income (NOK)	2022	2021	2020	2019
Revenue	862 000	953 000	509 000	0
Expenditure	1 007 000	1 038 000	192 000	14 000
Operating Profit	−144 000	−85 000	317 000	−14 000
Financial Income	0	0	0	0
Financial Costs	24 000	0	0	0
Financial Balance	−24 000	0	0	0
Earnings Before Tax	−168 000	−86 000	317 000	−14 000
Tax	0	0	0	0
Net Income	−168 000	−86 000	317 000	−14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 000	65 000	13 000	0
Total Current Assets	85 000	758 000	331 000	8 000
Total Assets	117 000	823 000	344 000	8 000
Total Retained Equity	13 000	181 000	266 000	−58 000
Total Equity	43 000	211 000	296 000	−28 000
Total Long-Term Debt	0	0	−31 000	0
Total Current Debt	75 000	612 000	79 000	29 000
Total Equity and Debt	117 000	823 000	344 000	1 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	862 000	951 000	509 000	0
Other Income	1 000	2 000	0	0
Revenue	862 000	953 000	509 000	0
Cost of Goods Sold	259 000	385 000	81 000	0
Salary Costs	477 000	400 000	0	0
Depreciation	7 000	13 000	3 000	0
Impairment	0	0	0	0
Expenditure	1 007 000	1 038 000	192 000	14 000
Operating Profit	−144 000	−85 000	317 000	−14 000
Financial Income	0	0	0	0
Financial Costs	24 000	0	0	0
Financial Balance	−24 000	0	0	0
Dividends	0	0	0	0
Net Income	−168 000	−86 000	317 000	−14 000

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	0	0	0	0
Fixtures	23 000	0	13 000	0
Total Tangible Assets	23 000	0	13 000	0
Total Fiancial Fixed Assets	10 000	65 000	0	0
Total Fixed Assets	33 000	65 000	13 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	27 000	113 000	29 000	8 000
Total Current Assets	85 000	758 000	331 000	8 000
Total Assets	117 000	823 000	344 000	8 000
Total Equity	43 000	211 000	296 000	−28 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	−31 000	0
Creditors	20 000	15 000	−4 000	0
Unpaid Taxes	47 000	197 000	82 000	0
Dividends	0	0	0	0
Other Current Debt	7 000	400 000	0	29 000
Total Current Debt	75 000	612 000	79 000	29 000
Total Equity and Debt	117 000	823 000	344 000	1 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−390,7 %	−40,76 %	107,09 %	50 %
Debt-to-Equity Ratio	0	0	−0,1	−0
Operating Profit Margin	−16,71 %	−8,92 %	62,28 %	-
Current Ratio	1,13	1,24	4,19	0,28
Quick Ratio	1,13	1,24	4,19	0,28
Equity Ratio	0,37	0,26	0,86	−3,5
Gross Profit Margin	69,95 %	59,6 %	84,09 %	-