HARDANGER SOUVENIR AS

5780 KINSARVIK

Finances

Share Ownership

Return on Equity

−192,44 %

Current Ratio

1,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 850 000	3 827 000	3 733 000	3 730 000
Net Income	−560 000	46 000	77 000	−171 000
Total Assets	1 344 000	1 701 000	1 867 000	1 723 000
Total Equity	291 000	851 000	805 000	728 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 850 000	3 827 000	3 733 000	3 730 000
Expenditure	3 185 000	3 735 000	3 626 000	3 938 000
Operating Profit	−513 000	61 000	101 000	−219 000
Financial Income	0	−1 000	−2 000	1 000
Financial Costs	1 000	0	0	2 000
Financial Balance	−1 000	−1 000	−2 000	−1 000
Earnings Before Tax	−514 000	59 000	98 000	−220 000
Tax	46 000	13 000	22 000	−48 000
Net Income	−560 000	46 000	77 000	−171 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 000	56 000	74 000	102 000
Total Current Assets	1 338 000	1 644 000	1 793 000	1 621 000
Total Assets	1 344 000	1 701 000	1 867 000	1 723 000
Total Retained Equity	191 000	751 000	705 000	628 000
Total Equity	291 000	851 000	805 000	728 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 053 000	850 000	1 062 000	994 000
Total Equity and Debt	1 344 000	1 701 000	1 867 000	1 723 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 850 000	3 827 000	3 733 000	3 730 000
Other Income	0	0	0	0
Revenue	2 850 000	3 827 000	3 733 000	3 730 000
Cost of Goods Sold	1 738 000	2 106 000	2 170 000	2 286 000
Salary Costs	1 215 000	1 347 000	1 128 000	1 280 000
Depreciation	4 000	4 000	6 000	16 000
Impairment	0	0	0	0
Expenditure	3 185 000	3 735 000	3 626 000	3 938 000
Operating Profit	−513 000	61 000	101 000	−219 000
Financial Income	0	−1 000	−2 000	1 000
Financial Costs	1 000	0	0	2 000
Financial Balance	−1 000	−1 000	−2 000	−1 000
Dividends	0	0	0	0
Net Income	−560 000	46 000	77 000	−171 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	46 000	59 000	81 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 000	6 000	11 000	17 000
Total Tangible Assets	2 000	6 000	11 000	17 000
Total Fiancial Fixed Assets	4 000	4 000	4 000	4 000
Total Fixed Assets	6 000	56 000	74 000	102 000
Stock	1 083 000	1 260 000	1 123 000	1 112 000
Total Investments	0	0	0	0
Cash, Bank	213 000	377 000	684 000	537 000
Total Current Assets	1 338 000	1 644 000	1 793 000	1 621 000
Total Assets	1 344 000	1 701 000	1 867 000	1 723 000
Total Equity	291 000	851 000	805 000	728 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	110 000	40 000	176 000	140 000
Unpaid Taxes	162 000	204 000	200 000	157 000
Dividends	0	0	0	0
Other Current Debt	780 000	606 000	686 000	698 000
Total Current Debt	1 053 000	850 000	1 062 000	994 000
Total Equity and Debt	1 344 000	1 701 000	1 867 000	1 723 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−192,44 %	5,41 %	9,57 %	−23,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−18 %	1,59 %	2,71 %	−5,87 %
Current Ratio	1,27	1,93	1,69	1,63
Quick Ratio	−44,6	−4,01	−29,39	−13,74
Equity Ratio	0,22	0,5	0,43	0,42
Gross Profit Margin	39,02 %	44,97 %	41,87 %	38,71 %