HÅNDVERKSVEIEN AS

0161 OSLO

Finances

Share Ownership

Return on Equity

186,38 %

Current Ratio

0,33

Debt-to-Equity Ratio

12,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 875 000	5 811 000	5 659 000	5 479 000
Net Income	2 613 000	1 618 000	1 487 000	1 784 000
Total Assets	22 925 000	25 303 000	33 321 000	28 164 000
Total Equity	1 402 000	1 541 000	1 692 000	4 205 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 875 000	5 811 000	5 659 000	5 479 000
Expenditure	1 355 000	1 992 000	2 724 000	2 168 000
Operating Profit	4 520 000	3 819 000	2 935 000	3 311 000
Financial Income	2 000	9 000	3 000	2 000
Financial Costs	1 172 000	1 754 000	961 000	963 000
Financial Balance	−1 170 000	−1 745 000	−958 000	−961 000
Earnings Before Tax	3 350 000	2 074 000	1 977 000	2 350 000
Tax	737 000	456 000	490 000	566 000
Net Income	2 613 000	1 618 000	1 487 000	1 784 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 667 000	22 745 000	23 262 000	24 270 000
Total Current Assets	1 257 000	2 558 000	10 060 000	3 895 000
Total Assets	22 925 000	25 303 000	33 321 000	28 164 000
Total Retained Equity	1 372 000	1 511 000	1 662 000	4 175 000
Total Equity	1 402 000	1 541 000	1 692 000	4 205 000
Total Long-Term Debt	17 744 000	22 454 000	26 852 000	21 041 000
Total Current Debt	3 778 000	1 308 000	4 777 000	2 919 000
Total Equity and Debt	22 925 000	25 303 000	33 321 000	28 164 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 875 000	5 811 000	5 592 000	5 323 000
Other Income	0	0	67 000	156 000
Revenue	5 875 000	5 811 000	5 659 000	5 479 000
Cost of Goods Sold	5 000	0	0	0
Salary Costs	0	38 000	419 000	422 000
Depreciation	1 077 000	1 121 000	1 058 000	1 043 000
Impairment	0	0	0	0
Expenditure	1 355 000	1 992 000	2 724 000	2 168 000
Operating Profit	4 520 000	3 819 000	2 935 000	3 311 000
Financial Income	2 000	9 000	3 000	2 000
Financial Costs	1 172 000	1 754 000	961 000	963 000
Financial Balance	−1 170 000	−1 745 000	−958 000	−961 000
Dividends	0	0	4 000 000	700 000
Net Income	2 613 000	1 618 000	1 487 000	1 784 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	21 667 000	22 745 000	23 189 000	24 215 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	72 000	55 000
Total Tangible Assets	21 667 000	22 745 000	23 262 000	24 270 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 667 000	22 745 000	23 262 000	24 270 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 179 000	2 546 000	9 985 000	3 791 000
Total Current Assets	1 257 000	2 558 000	10 060 000	3 895 000
Total Assets	22 925 000	25 303 000	33 321 000	28 164 000
Total Equity	1 402 000	1 541 000	1 692 000	4 205 000
Short-Term Group Debt	3 529 000	1 262 000	0	0
Total Long-Term Debt	17 744 000	22 454 000	26 852 000	21 041 000
Creditors	119 000	47 000	62 000	4 000
Unpaid Taxes	0	0	6 000	26 000
Dividends	0	0	4 000 000	700 000
Other Current Debt	130 000	0	202 000	2 016 000
Total Current Debt	3 778 000	1 308 000	4 777 000	2 919 000
Total Equity and Debt	22 925 000	25 303 000	33 321 000	28 164 000

Financial indicators	2022	2021	2020	2019
Return on Equity	186,38 %	105 %	87,88 %	42,43 %
Debt-to-Equity Ratio	12,66	14,57	15,87	5
Operating Profit Margin	76,94 %	65,72 %	51,86 %	60,43 %
Current Ratio	0,33	1,96	2,11	1,33
Quick Ratio	0,33	1,96	2,11	1,33
Equity Ratio	0,06	0,06	0,05	0,15
Gross Profit Margin	99,91 %	100 %	100 %	100 %