HAPPY KNITTING AS

7010 TRONDHEIM

Finances

Share Ownership

Return on Equity

−242,86 %

Current Ratio

1,53

Debt-to-Equity Ratio

−4,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 609 000	1 447 000	1 897 000	834 000
Net Income	136 000	−122 000	−50 000	−40 000
Total Assets	630 000	116 000	292 000	293 000
Total Equity	−56 000	−192 000	−70 000	−21 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 609 000	1 447 000	1 897 000	834 000
Expenditure	2 459 000	1 523 000	1 915 000	879 000
Operating Profit	151 000	−76 000	−19 000	−44 000
Financial Income	0	0	0	0
Financial Costs	11 000	46 000	12 000	7 000
Financial Balance	−11 000	−46 000	−12 000	−7 000
Earnings Before Tax	140 000	−122 000	−31 000	−51 000
Tax	4 000	0	19 000	−11 000
Net Income	136 000	−122 000	−50 000	−40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	17 000	0	28 000
Total Current Assets	630 000	99 000	292 000	264 000
Total Assets	630 000	116 000	292 000	293 000
Total Retained Equity	−80 000	−216 000	−94 000	−45 000
Total Equity	−56 000	−192 000	−70 000	−21 000
Total Long-Term Debt	273 000	102 000	136 000	240 000
Total Current Debt	413 000	206 000	227 000	73 000
Total Equity and Debt	630 000	116 000	292 000	293 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 609 000	1 447 000	1 897 000	834 000
Other Income	0	0	0	0
Revenue	2 609 000	1 447 000	1 897 000	834 000
Cost of Goods Sold	1 326 000	856 000	1 065 000	541 000
Salary Costs	3 000	0	91 000	1 000
Depreciation	4 000	4 000	18 000	20 000
Impairment	13 000	0	0	0
Expenditure	2 459 000	1 523 000	1 915 000	879 000
Operating Profit	151 000	−76 000	−19 000	−44 000
Financial Income	0	0	0	0
Financial Costs	11 000	46 000	12 000	7 000
Financial Balance	−11 000	−46 000	−12 000	−7 000
Dividends	0	0	0	0
Net Income	136 000	−122 000	−50 000	−40 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	10 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	17 000	0	0
Fixtures	0	0	0	18 000
Total Tangible Assets	0	17 000	0	18 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	17 000	0	28 000
Stock	418 000	201 000	185 000	245 000
Total Investments	0	0	0	0
Cash, Bank	159 000	−67 000	79 000	9 000
Total Current Assets	630 000	99 000	292 000	264 000
Total Assets	630 000	116 000	292 000	293 000
Total Equity	−56 000	−192 000	−70 000	−21 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	273 000	102 000	136 000	240 000
Creditors	167 000	41 000	39 000	9 000
Unpaid Taxes	13 000	15 000	7 000	7 000
Dividends	0	0	0	0
Other Current Debt	229 000	149 000	172 000	57 000
Total Current Debt	413 000	206 000	227 000	73 000
Total Equity and Debt	630 000	116 000	292 000	293 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−242,86 %	63,54 %	71,43 %	190,48 %
Debt-to-Equity Ratio	−4,88	−0,53	−1,94	−11,43
Operating Profit Margin	5,79 %	−5,25 %	−1 %	−5,28 %
Current Ratio	1,53	0,48	1,29	3,62
Quick Ratio	−126	19,8	6,95	−1,53
Equity Ratio	−0,09	−1,66	−0,24	−0,07
Gross Profit Margin	49,18 %	40,84 %	43,86 %	35,13 %