EM HANDEL AS

3300 HOKKSUND

Finances

Share Ownership

Return on Equity

343,45 %

Current Ratio

1,13

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 931 000	1 393 000	721 000	540 000
Net Income	498 000	395 000	342 000	49 000
Total Assets	622 000	384 000	136 000	190 000
Total Equity	145 000	−353 000	−748 000	−1 090 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 931 000	1 393 000	721 000	540 000
Expenditure	1 415 000	980 000	367 000	457 000
Operating Profit	517 000	413 000	354 000	83 000
Financial Income	0	0	0	0
Financial Costs	19 000	18 000	12 000	34 000
Financial Balance	−19 000	−18 000	−12 000	−34 000
Earnings Before Tax	498 000	395 000	342 000	49 000
Tax	0	0	0	0
Net Income	498 000	395 000	342 000	49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	109 000	71 000	1 000	1 000
Total Current Assets	513 000	313 000	135 000	189 000
Total Assets	622 000	384 000	136 000	190 000
Total Retained Equity	−984 000	−1 482 000	−1 877 000	−2 219 000
Total Equity	145 000	−353 000	−748 000	−1 090 000
Total Long-Term Debt	24 000	71 000	118 000	171 000
Total Current Debt	453 000	667 000	766 000	1 109 000
Total Equity and Debt	622 000	384 000	136 000	190 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 931 000	1 393 000	721 000	540 000
Other Income	0	0	0	0
Revenue	1 931 000	1 393 000	721 000	540 000
Cost of Goods Sold	632 000	432 000	228 000	318 000
Salary Costs	320 000	243 000	10 000	4 000
Depreciation	30 000	12 000	0	13 000
Impairment	0	0	0	0
Expenditure	1 415 000	980 000	367 000	457 000
Operating Profit	517 000	413 000	354 000	83 000
Financial Income	0	0	0	0
Financial Costs	19 000	18 000	12 000	34 000
Financial Balance	−19 000	−18 000	−12 000	−34 000
Dividends	0	0	0	0
Net Income	498 000	395 000	342 000	49 000

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	17 000	23 000	0	0
Fixtures	92 000	49 000	1 000	1 000
Total Tangible Assets	109 000	71 000	1 000	1 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	109 000	71 000	1 000	1 000
Stock	163 000	151 000	112 000	185 000
Total Investments	0	0	0	0
Cash, Bank	127 000	85 000	23 000	1 000
Total Current Assets	513 000	313 000	135 000	189 000
Total Assets	622 000	384 000	136 000	190 000
Total Equity	145 000	−353 000	−748 000	−1 090 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 000	71 000	118 000	171 000
Creditors	164 000	237 000	229 000	222 000
Unpaid Taxes	58 000	30 000	25 000	20 000
Dividends	0	0	0	0
Other Current Debt	231 000	399 000	513 000	868 000
Total Current Debt	453 000	667 000	766 000	1 109 000
Total Equity and Debt	622 000	384 000	136 000	190 000

Financial indicators	2022	2021	2020	2019
Return on Equity	343,45 %	−111,9 %	−45,72 %	−4,5 %
Debt-to-Equity Ratio	0,17	−0,2	−0,16	−0,16
Operating Profit Margin	26,77 %	29,65 %	49,1 %	15,37 %
Current Ratio	1,13	0,47	0,18	0,17
Quick Ratio	1,77	0,61	0,21	0,2
Equity Ratio	0,23	−0,92	−5,5	−5,74
Gross Profit Margin	67,27 %	68,99 %	68,38 %	41,11 %