E & C HELGELAND AS

8622 MO I RANA

Finances

Share Ownership

Return on Equity

61,99 %

Current Ratio

0,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 993 000	3 248 000	1 249 000	2 490 000
Net Income	168 000	3 000	−24 000	19 000
Total Assets	1 240 000	1 190 000	1 445 000	1 279 000
Total Equity	271 000	103 000	242 000	266 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 993 000	3 248 000	1 249 000	2 490 000
Expenditure	4 825 000	3 155 000	1 260 000	2 468 000
Operating Profit	168 000	70 000	−12 000	21 000
Financial Income	0	0	0	0
Financial Costs	0	67 000	12 000	2 000
Financial Balance	0	−67 000	−12 000	−2 000
Earnings Before Tax	168 000	3 000	−24 000	19 000
Tax	0	0	0	0
Net Income	168 000	3 000	−24 000	19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 072 000	1 080 000	1 267 000	1 167 000
Total Current Assets	168 000	110 000	178 000	113 000
Total Assets	1 240 000	1 190 000	1 445 000	1 279 000
Total Retained Equity	141 000	−27 000	112 000	136 000
Total Equity	271 000	103 000	242 000	266 000
Total Long-Term Debt	0	0	73 000	77 000
Total Current Debt	969 000	1 086 000	1 130 000	937 000
Total Equity and Debt	1 240 000	1 190 000	1 445 000	1 279 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 459 000	2 157 000	675 000	1 338 000
Other Income	1 534 000	1 091 000	574 000	1 152 000
Revenue	4 993 000	3 248 000	1 249 000	2 490 000
Cost of Goods Sold	1 502 000	722 000	415 000	788 000
Salary Costs	1 362 000	384 000	134 000	566 000
Depreciation	0	0	0	202 000
Impairment	100 000	187 000	0	0
Expenditure	4 825 000	3 155 000	1 260 000	2 468 000
Operating Profit	168 000	70 000	−12 000	21 000
Financial Income	0	0	0	0
Financial Costs	0	67 000	12 000	2 000
Financial Balance	0	−67 000	−12 000	−2 000
Dividends	0	0	0	0
Net Income	168 000	3 000	−24 000	19 000

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	1 080 000	1 267 000	1 167 000
Fixtures	1 072 000	0	0	0
Total Tangible Assets	1 072 000	1 080 000	1 267 000	1 167 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 072 000	1 080 000	1 267 000	1 167 000
Stock	11 000	11 000	35 000	41 000
Total Investments	0	0	0	0
Cash, Bank	156 000	8 000	1 000	71 000
Total Current Assets	168 000	110 000	178 000	113 000
Total Assets	1 240 000	1 190 000	1 445 000	1 279 000
Total Equity	271 000	103 000	242 000	266 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	73 000	77 000
Creditors	1 124 000	1 211 000	1 152 000	693 000
Unpaid Taxes	30 000	−115 000	−65 000	107 000
Dividends	0	0	0	0
Other Current Debt	−184 000	−9 000	43 000	137 000
Total Current Debt	969 000	1 086 000	1 130 000	937 000
Total Equity and Debt	1 240 000	1 190 000	1 445 000	1 279 000

Financial indicators	2022	2021	2020	2019
Return on Equity	61,99 %	2,91 %	−9,92 %	7,14 %
Debt-to-Equity Ratio	0	0	0,3	0,29
Operating Profit Margin	3,36 %	2,16 %	−0,96 %	0,84 %
Current Ratio	0,17	0,1	0,16	0,12
Quick Ratio	0,18	0,1	0,16	0,13
Equity Ratio	0,22	0,09	0,17	0,21
Gross Profit Margin	69,92 %	77,77 %	66,77 %	68,35 %