HANDS ON AS

8904 BRØNNØYSUND

Finances

Return on Equity

−120 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 000	52 000	83 000	120 000
Net Income	−18 000	35 000	51 000	52 000
Total Assets	28 000	47 000	22 000	112 000
Total Equity	15 000	32 000	12 000	82 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 000	52 000	83 000	120 000
Expenditure	17 000	17 000	41 000	51 000
Operating Profit	−7 000	35 000	43 000	69 000
Financial Income	0	0	0	0
Financial Costs	1 000	2 000	0	0
Financial Balance	−1 000	−2 000	0	0
Earnings Before Tax	−8 000	33 000	43 000	69 000
Tax	9 000	−2 000	−8 000	17 000
Net Income	−18 000	35 000	51 000	52 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 000	0	0	0
Total Current Assets	14 000	47 000	22 000	112 000
Total Assets	28 000	47 000	22 000	112 000
Total Retained Equity	−15 000	2 000	−18 000	52 000
Total Equity	15 000	32 000	12 000	82 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	13 000	15 000	9 000	30 000
Total Equity and Debt	28 000	47 000	22 000	112 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 000	52 000	83 000	120 000
Other Income	0	0	0	0
Revenue	10 000	52 000	83 000	120 000
Cost of Goods Sold	0	0	10 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	17 000	17 000	41 000	51 000
Operating Profit	−7 000	35 000	43 000	69 000
Financial Income	0	0	0	0
Financial Costs	1 000	2 000	0	0
Financial Balance	−1 000	−2 000	0	0
Dividends	0	0	121 000	0
Net Income	−18 000	35 000	51 000	52 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	14 000	0	0	0
Total Fixed Assets	14 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	22 000	6 000	10 000
Total Current Assets	14 000	47 000	22 000	112 000
Total Assets	28 000	47 000	22 000	112 000
Total Equity	15 000	32 000	12 000	82 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	6 000	9 000	0	12 000
Dividends	0	0	121 000	0
Other Current Debt	7 000	8 000	0	0
Total Current Debt	13 000	15 000	9 000	30 000
Total Equity and Debt	28 000	47 000	22 000	112 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−120 %	109,38 %	425 %	63,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−70 %	67,31 %	51,81 %	57,5 %
Current Ratio	1,08	3,13	2,44	3,73
Quick Ratio	1,08	3,13	2,44	3,73
Equity Ratio	0,54	0,68	0,55	0,73
Gross Profit Margin	100 %	100 %	87,95 %	100 %