HAPPY TIME OSLO AS

0550 OSLO

Finances

Share Ownership

Return on Equity

307,78 %

Current Ratio

0,56

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 381 000	4 184 000	3 773 000	3 616 000
Net Income	−277 000	−32 000	205 000	−154 000
Total Assets	609 000	858 000	768 000	605 000
Total Equity	−90 000	429 000	168 000	151 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 381 000	4 184 000	3 773 000	3 616 000
Expenditure	4 685 000	4 173 000	3 530 000	3 693 000
Operating Profit	−262 000	11 000	243 000	−76 000
Financial Income	0	0	0	0
Financial Costs	15 000	6 000	8 000	14 000
Financial Balance	−15 000	−6 000	−8 000	−14 000
Earnings Before Tax	−277 000	5 000	235 000	−90 000
Tax	0	37 000	30 000	64 000
Net Income	−277 000	−32 000	205 000	−154 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	213 000	244 000	338 000	469 000
Total Current Assets	396 000	614 000	430 000	136 000
Total Assets	609 000	858 000	768 000	605 000
Total Retained Equity	−120 000	399 000	138 000	121 000
Total Equity	−90 000	429 000	168 000	151 000
Total Long-Term Debt	−5 000	53 000	100 000	145 000
Total Current Debt	704 000	376 000	500 000	309 000
Total Equity and Debt	609 000	858 000	768 000	605 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 381 000	4 257 000	3 700 000	3 616 000
Other Income	0	−73 000	73 000	0
Revenue	4 381 000	4 184 000	3 773 000	3 616 000
Cost of Goods Sold	1 504 000	1 370 000	1 031 000	1 080 000
Salary Costs	1 903 000	1 747 000	1 558 000	1 411 000
Depreciation	33 000	94 000	131 000	184 000
Impairment	0	0	0	0
Expenditure	4 685 000	4 173 000	3 530 000	3 693 000
Operating Profit	−262 000	11 000	243 000	−76 000
Financial Income	0	0	0	0
Financial Costs	15 000	6 000	8 000	14 000
Financial Balance	−15 000	−6 000	−8 000	−14 000
Dividends	0	0	0	0
Net Income	−277 000	−32 000	205 000	−154 000

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	141 000	154 000	219 000	313 000
Fixtures	72 000	90 000	119 000	156 000
Total Tangible Assets	213 000	244 000	338 000	469 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	213 000	244 000	338 000	469 000
Stock	97 000	55 000	55 000	55 000
Total Investments	0	0	0	0
Cash, Bank	278 000	560 000	376 000	81 000
Total Current Assets	396 000	614 000	430 000	136 000
Total Assets	609 000	858 000	768 000	605 000
Total Equity	−90 000	429 000	168 000	151 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	−5 000	53 000	100 000	145 000
Creditors	116 000	0	0	0
Unpaid Taxes	97 000	97 000	109 000	76 000
Dividends	0	0	0	0
Other Current Debt	491 000	278 000	391 000	233 000
Total Current Debt	704 000	376 000	500 000	309 000
Total Equity and Debt	609 000	858 000	768 000	605 000

Financial indicators	2022	2021	2020	2019
Return on Equity	307,78 %	−7,46 %	122,02 %	−101,99 %
Debt-to-Equity Ratio	0,06	0,12	0,6	0,96
Operating Profit Margin	−5,98 %	0,26 %	6,44 %	−2,1 %
Current Ratio	0,56	1,63	0,86	0,44
Quick Ratio	0,65	1,91	0,97	0,54
Equity Ratio	−0,15	0,5	0,22	0,25
Gross Profit Margin	65,67 %	67,26 %	72,67 %	70,13 %