GOLDEN HANDS WELLNESS AS

9170 LONGYEARBYEN

Finances

Share Ownership

Return on Equity

−83,72 %

Current Ratio

0,63

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	908 000	843 000	775 000	798 000
Net Income	72 000	81 000	−66 000	−66 000
Total Assets	260 000	229 000	157 000	43 000
Total Equity	−86 000	−157 000	−238 000	−173 000

Income (NOK)	2022	2021	2020	2019
Revenue	908 000	843 000	775 000	798 000
Expenditure	834 000	762 000	839 000	863 000
Operating Profit	73 000	81 000	−64 000	−65 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	1 000	1 000
Financial Balance	−2 000	0	−1 000	−1 000
Earnings Before Tax	72 000	81 000	−66 000	−66 000
Tax	0	0	0	0
Net Income	72 000	81 000	−66 000	−66 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	44 000	57 000	10 000	0
Total Current Assets	216 000	172 000	147 000	43 000
Total Assets	260 000	229 000	157 000	43 000
Total Retained Equity	−116 000	−187 000	−268 000	−203 000
Total Equity	−86 000	−157 000	−238 000	−173 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	345 000	387 000	396 000	216 000
Total Equity and Debt	260 000	229 000	157 000	43 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	904 000	758 000	782 000	805 000
Other Income	3 000	85 000	−7 000	−7 000
Revenue	908 000	843 000	775 000	798 000
Cost of Goods Sold	21 000	31 000	1 000	4 000
Salary Costs	558 000	436 000	513 000	485 000
Depreciation	14 000	8 000	0	0
Impairment	0	0	0	0
Expenditure	834 000	762 000	839 000	863 000
Operating Profit	73 000	81 000	−64 000	−65 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	1 000	1 000
Financial Balance	−2 000	0	−1 000	−1 000
Dividends	0	0	0	0
Net Income	72 000	81 000	−66 000	−66 000

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	33 000	47 000	0	0
Total Tangible Assets	33 000	47 000	0	0
Total Fiancial Fixed Assets	10 000	10 000	10 000	0
Total Fixed Assets	44 000	57 000	10 000	0
Stock	8 000	14 000	14 000	14 000
Total Investments	0	0	0	0
Cash, Bank	96 000	93 000	83 000	11 000
Total Current Assets	216 000	172 000	147 000	43 000
Total Assets	260 000	229 000	157 000	43 000
Total Equity	−86 000	−157 000	−238 000	−173 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	14 000	117 000	24 000	21 000
Unpaid Taxes	11 000	3 000	8 000	24 000
Dividends	0	0	0	0
Other Current Debt	318 000	267 000	363 000	172 000
Total Current Debt	345 000	387 000	396 000	216 000
Total Equity and Debt	260 000	229 000	157 000	43 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−83,72 %	−51,59 %	27,73 %	38,15 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	8,04 %	9,61 %	−8,26 %	−8,15 %
Current Ratio	0,63	0,44	0,37	0,2
Quick Ratio	0,64	0,46	0,38	0,21
Equity Ratio	−0,33	−0,69	−1,52	−4,02
Gross Profit Margin	97,69 %	96,32 %	99,87 %	99,5 %