HAPPY SHIP AS

1555 SON

Finances

Return on Equity

−20,75 %

Current Ratio

1,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	843 000	116 000	384 000	2 686 000
Net Income	−11 000	0	−5 354 000	1 163 000
Total Assets	390 000	310 000	270 000	5 437 000
Total Equity	53 000	65 000	65 000	5 419 000

Income (NOK)	2022	2021	2020	2019
Revenue	843 000	116 000	384 000	2 686 000
Expenditure	860 000	116 000	5 439 000	851 000
Operating Profit	−17 000	0	−5 054 000	1 836 000
Financial Income	38 000	0	0	9 000
Financial Costs	32 000	0	300 000	681 000
Financial Balance	6 000	0	−300 000	−672 000
Earnings Before Tax	−11 000	0	−5 354 000	1 163 000
Tax	0	0	0	0
Net Income	−11 000	0	−5 354 000	1 163 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	15 000	15 000	5 063 000
Total Current Assets	375 000	295 000	255 000	374 000
Total Assets	390 000	310 000	270 000	5 437 000
Total Retained Equity	−47 000	−35 000	−35 000	1 786 000
Total Equity	53 000	65 000	65 000	5 419 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	337 000	245 000	205 000	18 000
Total Equity and Debt	390 000	310 000	270 000	5 437 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	843 000	116 000	384 000	113 000
Other Income	0	0	0	2 573 000
Revenue	843 000	116 000	384 000	2 686 000
Cost of Goods Sold	448 000	72 000	302 000	331 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	315 000
Impairment	0	0	4 884 000	0
Expenditure	860 000	116 000	5 439 000	851 000
Operating Profit	−17 000	0	−5 054 000	1 836 000
Financial Income	38 000	0	0	9 000
Financial Costs	32 000	0	300 000	681 000
Financial Balance	6 000	0	−300 000	−672 000
Dividends	0	0	0	0
Net Income	−11 000	0	−5 354 000	1 163 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	4 884 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	4 884 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	180 000
Total Fixed Assets	15 000	15 000	15 000	5 063 000
Stock	0	0	0	0
Total Investments	256 000	0	0	300 000
Cash, Bank	94 000	295 000	240 000	74 000
Total Current Assets	375 000	295 000	255 000	374 000
Total Assets	390 000	310 000	270 000	5 437 000
Total Equity	53 000	65 000	65 000	5 419 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	1 000	7 000	14 000
Unpaid Taxes	9 000	20 000	0	4 000
Dividends	0	0	0	0
Other Current Debt	325 000	224 000	198 000	0
Total Current Debt	337 000	245 000	205 000	18 000
Total Equity and Debt	390 000	310 000	270 000	5 437 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,75 %	0 %	−8 236,92 %	21,46 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,02 %	0 %	−1 316,15 %	68,35 %
Current Ratio	1,11	1,2	1,24	20,78
Quick Ratio	1,11	1,2	1,24	20,78
Equity Ratio	0,14	0,21	0,24	1
Gross Profit Margin	46,86 %	37,93 %	21,35 %	87,68 %