HAPPY KIDS AS

1461 LØRENSKOG

Finances

Return on Equity

68,4 %

Current Ratio

4,57

Debt-to-Equity Ratio

3,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 000 000	836 000	1 067 000	1 324 000
Net Income	145 000	−54 000	−290 000	291 000
Total Assets	1 073 000	880 000	1 146 000	1 973 000
Total Equity	212 000	67 000	121 000	411 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 000 000	836 000	1 067 000	1 324 000
Expenditure	918 000	884 000	1 340 000	969 000
Operating Profit	82 000	−48 000	−272 000	356 000
Financial Income	69 000	0	1 000	1 000
Financial Costs	6 000	6 000	20 000	9 000
Financial Balance	63 000	−6 000	−19 000	−8 000
Earnings Before Tax	145 000	−54 000	−291 000	347 000
Tax	0	0	−1 000	56 000
Net Income	145 000	−54 000	−290 000	291 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	200 000	166 000	476 000	1 015 000
Total Current Assets	873 000	714 000	670 000	958 000
Total Assets	1 073 000	880 000	1 146 000	1 973 000
Total Retained Equity	182 000	37 000	91 000	381 000
Total Equity	212 000	67 000	121 000	411 000
Total Long-Term Debt	670 000	666 000	696 000	1 130 000
Total Current Debt	191 000	147 000	329 000	432 000
Total Equity and Debt	1 073 000	880 000	1 146 000	1 973 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 000 000	764 000	1 067 000	1 324 000
Other Income	0	73 000	0	0
Revenue	1 000 000	836 000	1 067 000	1 324 000
Cost of Goods Sold	405 000	453 000	224 000	7 000
Salary Costs	230 000	170 000	417 000	459 000
Depreciation	0	0	121 000	96 000
Impairment	0	0	0	0
Expenditure	918 000	884 000	1 340 000	969 000
Operating Profit	82 000	−48 000	−272 000	356 000
Financial Income	69 000	0	1 000	1 000
Financial Costs	6 000	6 000	20 000	9 000
Financial Balance	63 000	−6 000	−19 000	−8 000
Dividends	0	0	0	0
Net Income	145 000	−54 000	−290 000	291 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	45 000
Total Intangible Assets	0	0	0	45 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	494 000
Total Tangible Assets	0	0	0	494 000
Total Fiancial Fixed Assets	200 000	166 000	476 000	476 000
Total Fixed Assets	200 000	166 000	476 000	1 015 000
Stock	391 000	418 000	478 000	508 000
Total Investments	0	0	0	0
Cash, Bank	337 000	253 000	161 000	206 000
Total Current Assets	873 000	714 000	670 000	958 000
Total Assets	1 073 000	880 000	1 146 000	1 973 000
Total Equity	212 000	67 000	121 000	411 000
Short-Term Group Debt	0	0	251 000	251 000
Total Long-Term Debt	670 000	666 000	696 000	1 130 000
Creditors	47 000	0	0	9 000
Unpaid Taxes	44 000	68 000	16 000	129 000
Dividends	0	0	0	0
Other Current Debt	100 000	78 000	62 000	43 000
Total Current Debt	191 000	147 000	329 000	432 000
Total Equity and Debt	1 073 000	880 000	1 146 000	1 973 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,4 %	−80,6 %	−239,67 %	70,8 %
Debt-to-Equity Ratio	3,16	9,94	5,75	2,75
Operating Profit Margin	8,2 %	−5,74 %	−25,49 %	26,89 %
Current Ratio	4,57	4,86	2,04	2,22
Quick Ratio	−4,37	−2,63	−4,5	−12,61
Equity Ratio	0,2	0,08	0,11	0,21
Gross Profit Margin	59,5 %	45,81 %	79,01 %	99,47 %