HAKUNA MATATA ETIOPISK RESTURANT AS

0179 OSLO

Finances

Share Ownership

Return on Equity

42,46 %

Current Ratio

−0,02

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2021	2020	2019	2018
Revenue	2 933 000	2 347 000	2 451 000	0
Net Income	715 000	653 000	286 000	0
Total Assets	583 000	180 000	197 000	30 000
Total Equity	1 684 000	969 000	316 000	30 000

Income (NOK)	2021	2020	2019
Revenue	2 933 000	2 347 000	2 451 000
Expenditure	2 201 000	1 549 000	2 083 000
Operating Profit	742 000	798 000	368 000
Financial Income	0	0	0
Financial Costs	14 000	4 000	0
Financial Balance	−14 000	−4 000	0
Earnings Before Tax	728 000	793 000	368 000
Tax	12 000	140 000	82 000
Net Income	715 000	653 000	286 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	553 000	0	30 000	30 000
Total Current Assets	30 000	180 000	167 000	0
Total Assets	583 000	180 000	197 000	30 000
Total Retained Equity	1 654 000	939 000	286 000	0
Total Equity	1 684 000	969 000	316 000	30 000
Total Long-Term Debt	607 000	0	0	0
Total Current Debt	−1 708 000	−789 000	−119 000	0
Total Equity and Debt	583 000	180 000	197 000	30 000

Cash flow (NOK)	2021	2020	2019
Sales Income	2 396 000	2 317 000	2 451 000
Other Income	537 000	30 000	0
Revenue	2 933 000	2 347 000	2 451 000
Cost of Goods Sold	1 091 000	728 000	728 000
Salary Costs	43 000	197 000	689 000
Depreciation	50 000	0	0
Impairment	0	0	0
Expenditure	2 201 000	1 549 000	2 083 000
Operating Profit	742 000	798 000	368 000
Financial Income	0	0	0
Financial Costs	14 000	4 000	0
Financial Balance	−14 000	−4 000	0
Dividends	0	0	0
Net Income	715 000	653 000	286 000

Balance details (NOK)	2021	2020	2019	2018
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	553 000	0	0	0
Total Tangible Assets	553 000	0	0	0
Total Fiancial Fixed Assets	0	0	30 000	30 000
Total Fixed Assets	553 000	0	30 000	30 000
Stock	10 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	20 000	113 000	89 000	0
Total Current Assets	30 000	180 000	167 000	0
Total Assets	583 000	180 000	197 000	30 000
Total Equity	1 684 000	969 000	316 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	607 000	0	0	0
Creditors	230 000	−3 000	95 000	0
Unpaid Taxes	279 000	173 000	411 000	0
Dividends	0	0	0	0
Other Current Debt	−2 231 000	−1 136 000	−707 000	0
Total Current Debt	−1 708 000	−789 000	−119 000	0
Total Equity and Debt	583 000	180 000	197 000	30 000

Financial indicators	2021	2020	2019	2018
Return on Equity	42,46 %	67,39 %	90,51 %	0 %
Debt-to-Equity Ratio	0,36	0	0	0
Operating Profit Margin	25,3 %	34 %	15,01 %	-
Current Ratio	−0,02	−0,23	−1,4	-
Quick Ratio	−0,02	−0,23	−1,4	-
Equity Ratio	2,89	5,38	1,6	1
Gross Profit Margin	62,8 %	68,98 %	70,3 %	-