HAPPYNORWEGIAN AS

0753 OSLO

Finances

Share Ownership

Return on Equity

40,14 %

Current Ratio

2,38

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 346 000	1 265 000	612 000	991 000
Net Income	297 000	824 000	−71 000	−705 000
Total Assets	1 042 000	744 000	1 004 000	887 000
Total Equity	740 000	444 000	−380 000	−109 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 346 000	1 265 000	612 000	991 000
Expenditure	971 000	433 000	604 000	1 654 000
Operating Profit	375 000	832 000	8 000	−664 000
Financial Income	0	0	2 000	0
Financial Costs	0	9 000	81 000	41 000
Financial Balance	0	−9 000	−79 000	−41 000
Earnings Before Tax	375 000	824 000	−71 000	−705 000
Tax	78 000	0	0	0
Net Income	297 000	824 000	−71 000	−705 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	394 000	403 000	451 000	550 000
Total Current Assets	648 000	341 000	553 000	337 000
Total Assets	1 042 000	744 000	1 004 000	887 000
Total Retained Equity	674 000	378 000	−446 000	−375 000
Total Equity	740 000	444 000	−380 000	−109 000
Total Long-Term Debt	30 000	202 000	921 000	400 000
Total Current Debt	272 000	99 000	464 000	596 000
Total Equity and Debt	1 042 000	744 000	1 004 000	887 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 346 000	1 265 000	612 000	793 000
Other Income	0	0	0	198 000
Revenue	1 346 000	1 265 000	612 000	991 000
Cost of Goods Sold	672 000	202 000	183 000	497 000
Salary Costs	256 000	67 000	171 000	454 000
Depreciation	11 000	48 000	99 000	187 000
Impairment	0	0	0	0
Expenditure	971 000	433 000	604 000	1 654 000
Operating Profit	375 000	832 000	8 000	−664 000
Financial Income	0	0	2 000	0
Financial Costs	0	9 000	81 000	41 000
Financial Balance	0	−9 000	−79 000	−41 000
Dividends	0	0	0	0
Net Income	297 000	824 000	−71 000	−705 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	21 000	18 000	18 000	24 000
Real Eastate	432 000	432 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	−59 000	−48 000	432 000	526 000
Total Tangible Assets	373 000	384 000	432 000	526 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	394 000	403 000	451 000	550 000
Stock	99 000	99 000	99 000	0
Total Investments	0	0	0	0
Cash, Bank	399 000	104 000	289 000	92 000
Total Current Assets	648 000	341 000	553 000	337 000
Total Assets	1 042 000	744 000	1 004 000	887 000
Total Equity	740 000	444 000	−380 000	−109 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	30 000	202 000	921 000	400 000
Creditors	0	−1 000	8 000	56 000
Unpaid Taxes	94 000	29 000	62 000	50 000
Dividends	0	0	0	0
Other Current Debt	99 000	71 000	264 000	48 000
Total Current Debt	272 000	99 000	464 000	596 000
Total Equity and Debt	1 042 000	744 000	1 004 000	887 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,14 %	185,59 %	18,68 %	646,79 %
Debt-to-Equity Ratio	0,04	0,45	−2,42	−3,67
Operating Profit Margin	27,86 %	65,77 %	1,31 %	−67 %
Current Ratio	2,38	3,44	1,19	0,57
Quick Ratio	3,75	-	1,52	0,57
Equity Ratio	0,71	0,6	−0,38	−0,12
Gross Profit Margin	50,07 %	84,03 %	70,1 %	49,85 %