HAND M AID AS

3440 RØYKEN

Finances

Share Ownership

Return on Equity

20,43 %

Current Ratio

11,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 140 000	5 279 000	5 205 000	5 481 000
Net Income	1 432 000	1 175 000	1 418 000	1 022 000
Total Assets	7 663 000	6 199 000	5 158 000	3 745 000
Total Equity	7 011 000	5 578 000	4 404 000	2 986 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 140 000	5 279 000	5 205 000	5 481 000
Expenditure	3 327 000	3 779 000	3 394 000	4 181 000
Operating Profit	1 802 000	1 500 000	1 811 000	1 300 000
Financial Income	85 000	6 000	30 000	18 000
Financial Costs	51 000	0	23 000	6 000
Financial Balance	34 000	6 000	7 000	12 000
Earnings Before Tax	1 836 000	1 506 000	1 817 000	1 313 000
Tax	404 000	331 000	400 000	290 000
Net Income	1 432 000	1 175 000	1 418 000	1 022 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 000	17 000	6 000	12 000
Total Current Assets	7 650 000	6 182 000	5 152 000	3 733 000
Total Assets	7 663 000	6 199 000	5 158 000	3 745 000
Total Retained Equity	6 981 000	5 548 000	4 374 000	2 956 000
Total Equity	7 011 000	5 578 000	4 404 000	2 986 000
Total Long-Term Debt	3 000	1 000	1 000	0
Total Current Debt	649 000	620 000	753 000	759 000
Total Equity and Debt	7 663 000	6 199 000	5 158 000	3 745 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 274 000	5 279 000	5 205 000	5 481 000
Other Income	1 866 000	0	0	0
Revenue	5 140 000	5 279 000	5 205 000	5 481 000
Cost of Goods Sold	2 763 000	3 211 000	2 889 000	3 474 000
Salary Costs	170 000	219 000	136 000	138 000
Depreciation	4 000	6 000	6 000	12 000
Impairment	0	0	0	0
Expenditure	3 327 000	3 779 000	3 394 000	4 181 000
Operating Profit	1 802 000	1 500 000	1 811 000	1 300 000
Financial Income	85 000	6 000	30 000	18 000
Financial Costs	51 000	0	23 000	6 000
Financial Balance	34 000	6 000	7 000	12 000
Dividends	0	0	0	0
Net Income	1 432 000	1 175 000	1 418 000	1 022 000

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	14 000	17 000	6 000	12 000
Total Tangible Assets	14 000	17 000	6 000	12 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 000	17 000	6 000	12 000
Stock	3 000	15 000	15 000	15 000
Total Investments	0	0	0	0
Cash, Bank	6 893 000	5 930 000	4 832 000	3 485 000
Total Current Assets	7 650 000	6 182 000	5 152 000	3 733 000
Total Assets	7 663 000	6 199 000	5 158 000	3 745 000
Total Equity	7 011 000	5 578 000	4 404 000	2 986 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	1 000	1 000	0
Creditors	69 000	118 000	235 000	313 000
Unpaid Taxes	163 000	158 000	101 000	95 000
Dividends	0	0	0	0
Other Current Debt	16 000	12 000	19 000	59 000
Total Current Debt	649 000	620 000	753 000	759 000
Total Equity and Debt	7 663 000	6 199 000	5 158 000	3 745 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,43 %	21,06 %	32,2 %	34,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	35,06 %	28,41 %	34,79 %	23,72 %
Current Ratio	11,79	9,97	6,84	4,92
Quick Ratio	11,84	10,22	6,98	5,02
Equity Ratio	0,91	0,9	0,85	0,8
Gross Profit Margin	46,25 %	39,17 %	44,5 %	36,62 %