HAPPY FOODS AS

0688 OSLO

Finances

Share Ownership

Return on Equity

59,29 %

Current Ratio

1,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 313 000	6 547 000	4 153 000	1 622 000
Net Income	699 000	228 000	459 000	−193 000
Total Assets	2 300 000	995 000	946 000	126 000
Total Equity	1 179 000	480 000	252 000	−206 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 313 000	6 547 000	4 153 000	1 622 000
Expenditure	7 396 000	6 255 000	3 626 000	1 814 000
Operating Profit	918 000	292 000	526 000	−192 000
Financial Income	3 000	0	0	0
Financial Costs	4 000	4 000	0	0
Financial Balance	−1 000	−4 000	0	0
Earnings Before Tax	917 000	288 000	526 000	−193 000
Tax	219 000	60 000	67 000	0
Net Income	699 000	228 000	459 000	−193 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	551 000	650 000	158 000	76 000
Total Current Assets	1 749 000	344 000	788 000	50 000
Total Assets	2 300 000	995 000	946 000	126 000
Total Retained Equity	1 149 000	450 000	222 000	−236 000
Total Equity	1 179 000	480 000	252 000	−206 000
Total Long-Term Debt	0	9 000	3 000	3 000
Total Current Debt	1 121 000	505 000	691 000	330 000
Total Equity and Debt	2 300 000	995 000	946 000	126 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 313 000	6 547 000	4 142 000	1 622 000
Other Income	0	0	11 000	0
Revenue	8 313 000	6 547 000	4 153 000	1 622 000
Cost of Goods Sold	2 970 000	2 595 000	1 504 000	637 000
Salary Costs	2 848 000	2 324 000	1 058 000	402 000
Depreciation	141 000	108 000	36 000	20 000
Impairment	0	0	0	0
Expenditure	7 396 000	6 255 000	3 626 000	1 814 000
Operating Profit	918 000	292 000	526 000	−192 000
Financial Income	3 000	0	0	0
Financial Costs	4 000	4 000	0	0
Financial Balance	−1 000	−4 000	0	0
Dividends	0	0	0	0
Net Income	699 000	228 000	459 000	−193 000

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	451 000	562 000	119 000	76 000
Total Tangible Assets	451 000	562 000	119 000	76 000
Total Fiancial Fixed Assets	100 000	88 000	39 000	0
Total Fixed Assets	551 000	650 000	158 000	76 000
Stock	20 000	20 000	5 000	5 000
Total Investments	0	0	0	0
Cash, Bank	1 322 000	243 000	751 000	35 000
Total Current Assets	1 749 000	344 000	788 000	50 000
Total Assets	2 300 000	995 000	946 000	126 000
Total Equity	1 179 000	480 000	252 000	−206 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	9 000	3 000	3 000
Creditors	154 000	−80 000	92 000	18 000
Unpaid Taxes	154 000	113 000	109 000	87 000
Dividends	0	0	0	0
Other Current Debt	589 000	418 000	423 000	224 000
Total Current Debt	1 121 000	505 000	691 000	330 000
Total Equity and Debt	2 300 000	995 000	946 000	126 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,29 %	47,5 %	182,14 %	93,69 %
Debt-to-Equity Ratio	0	0,02	0,01	−0,01
Operating Profit Margin	11,04 %	4,46 %	12,67 %	−11,84 %
Current Ratio	1,56	0,68	1,14	0,15
Quick Ratio	1,59	0,71	1,15	0,15
Equity Ratio	0,51	0,48	0,27	−1,63
Gross Profit Margin	64,27 %	60,36 %	63,79 %	60,73 %