We analyze the microstructure of He-II in the framework of the method of collective variables (CV), which was proposed by Bogolyubov and Zubarev and was developed later by Yukhnovskii and Vakarchuk. The logarithm of the ground-state wave function of He-II, ln Ψ 0 , is calculated in the approximation of "two sums", i.e., as a Jastrow function and first (three-particle) correction. In the CV method equations for Ψ 0 are deduced from the N-particle Schrödinger equation. We also take into account the connection between the structure factor and Ψ 0 , which allows one to obtain Ψ 0 from the structure factor of He-II, not from a model potential of interaction between He-II atoms. It should be emphasized that the model does not have any free parameters or functions. The amount of oneparticle (N 1 ) and two-particle (N 2 ) condensates is calculated for the ground state of He-II: we find N 1 ≈ 0.27N and N 2 ≈ 0.53N in the Jastrow approximation for Ψ 0 , and, taking into account the three-particle correction to ln Ψ 0 , we obtain N 1 ≈ 0.06N (which agrees with the experiment) and N 2 ≈ 0.16N. In the approximation of "two sums", we also find that the higher s-particle condensates (s ≥ 3) are absent in He-II at T = 0.