HANDZ ON NORWAY AS

5239 RÅDAL

Finances

Share Ownership

Return on Equity

199,4 %

Current Ratio

0,85

Debt-to-Equity Ratio

1,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 410 000	13 033 000	11 063 000	12 049 000
Net Income	1 673 000	337 000	−40 000	−382 000
Total Assets	8 676 000	6 717 000	8 077 000	10 429 000
Total Equity	839 000	637 000	1 235 000	1 276 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 410 000	13 033 000	11 063 000	12 049 000
Expenditure	12 117 000	12 514 000	11 062 000	12 487 000
Operating Profit	2 293 000	519 000	1 000	−437 000
Financial Income	38 000	9 000	13 000	16 000
Financial Costs	185 000	96 000	65 000	76 000
Financial Balance	−147 000	−87 000	−52 000	−60 000
Earnings Before Tax	2 145 000	432 000	−52 000	−496 000
Tax	472 000	95 000	−11 000	−114 000
Net Income	1 673 000	337 000	−40 000	−382 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 053 000	3 248 000	4 331 000	6 190 000
Total Current Assets	5 623 000	3 469 000	3 746 000	4 239 000
Total Assets	8 676 000	6 717 000	8 077 000	10 429 000
Total Retained Equity	615 000	413 000	1 011 000	1 051 000
Total Equity	839 000	637 000	1 235 000	1 276 000
Total Long-Term Debt	1 250 000	542 000	0	0
Total Current Debt	6 587 000	5 537 000	6 842 000	9 153 000
Total Equity and Debt	8 676 000	6 717 000	8 077 000	10 429 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 360 000	5 818 000	4 533 000	4 859 000
Other Income	9 050 000	7 216 000	6 530 000	7 190 000
Revenue	14 410 000	13 033 000	11 063 000	12 049 000
Cost of Goods Sold	7 389 000	6 893 000	6 430 000	7 552 000
Salary Costs	2 294 000	2 286 000	1 779 000	2 069 000
Depreciation	762 000	1 754 000	1 998 000	2 074 000
Impairment	0	142 000	0	0
Expenditure	12 117 000	12 514 000	11 062 000	12 487 000
Operating Profit	2 293 000	519 000	1 000	−437 000
Financial Income	38 000	9 000	13 000	16 000
Financial Costs	185 000	96 000	65 000	76 000
Financial Balance	−147 000	−87 000	−52 000	−60 000
Dividends	0	0	0	0
Net Income	1 673 000	337 000	−40 000	−382 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	64 000	575 000	2 247 000	4 033 000
Total Intangible Assets	661 000	1 229 000	2 732 000	4 379 000
Real Eastate	1 492 000	1 424 000	1 579 000	1 791 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 492 000	1 424 000	1 579 000	1 791 000
Total Fiancial Fixed Assets	900 000	595 000	20 000	20 000
Total Fixed Assets	3 053 000	3 248 000	4 331 000	6 190 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 888 000	2 107 000	2 940 000	3 177 000
Total Current Assets	5 623 000	3 469 000	3 746 000	4 239 000
Total Assets	8 676 000	6 717 000	8 077 000	10 429 000
Total Equity	839 000	637 000	1 235 000	1 276 000
Short-Term Group Debt	1 887 000	1 460 000	2 134 000	3 821 000
Total Long-Term Debt	1 250 000	542 000	0	0
Creditors	1 289 000	777 000	510 000	694 000
Unpaid Taxes	229 000	234 000	125 000	285 000
Dividends	0	0	0	0
Other Current Debt	3 182 000	3 066 000	3 945 000	4 352 000
Total Current Debt	6 587 000	5 537 000	6 842 000	9 153 000
Total Equity and Debt	8 676 000	6 717 000	8 077 000	10 429 000

Financial indicators	2022	2021	2020	2019
Return on Equity	199,4 %	52,9 %	−3,24 %	−29,94 %
Debt-to-Equity Ratio	1,49	0,85	0	0
Operating Profit Margin	15,91 %	3,98 %	0,01 %	−3,63 %
Current Ratio	0,85	0,63	0,55	0,46
Quick Ratio	0,85	0,63	0,55	0,46
Equity Ratio	0,1	0,09	0,15	0,12
Gross Profit Margin	48,72 %	47,11 %	41,88 %	37,32 %