HAPPY TIME KK AS

4355 KVERNALAND

Finances

Share Ownership

Return on Equity

0 %

Current Ratio

0,7

Debt-to-Equity Ratio

1,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 288 000	4 002 000	3 855 000	3 234 000
Net Income	0	256 000	639 000	125 000
Total Assets	949 000	948 000	1 359 000	1 116 000
Total Equity	135 000	135 000	272 000	101 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 288 000	4 002 000	3 855 000	3 234 000
Expenditure	4 261 000	3 653 000	3 020 000	3 051 000
Operating Profit	28 000	348 000	835 000	183 000
Financial Income	3 000	0	0	0
Financial Costs	10 000	3 000	6 000	14 000
Financial Balance	−7 000	−3 000	−6 000	−14 000
Earnings Before Tax	22 000	345 000	829 000	169 000
Tax	21 000	89 000	190 000	44 000
Net Income	0	256 000	639 000	125 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	483 000	550 000	946 000	894 000
Total Current Assets	466 000	399 000	412 000	222 000
Total Assets	949 000	948 000	1 359 000	1 116 000
Total Retained Equity	3 000	3 000	140 000	−31 000
Total Equity	135 000	135 000	272 000	101 000
Total Long-Term Debt	152 000	0	0	165 000
Total Current Debt	661 000	813 000	1 086 000	850 000
Total Equity and Debt	949 000	948 000	1 359 000	1 116 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 237 000	4 002 000	3 815 000	3 254 000
Other Income	51 000	0	41 000	−20 000
Revenue	4 288 000	4 002 000	3 855 000	3 234 000
Cost of Goods Sold	1 268 000	1 214 000	1 220 000	1 026 000
Salary Costs	1 518 000	1 305 000	1 115 000	1 184 000
Depreciation	117 000	99 000	79 000	144 000
Impairment	0	0	0	0
Expenditure	4 261 000	3 653 000	3 020 000	3 051 000
Operating Profit	28 000	348 000	835 000	183 000
Financial Income	3 000	0	0	0
Financial Costs	10 000	3 000	6 000	14 000
Financial Balance	−7 000	−3 000	−6 000	−14 000
Dividends	0	0	0	0
Net Income	0	256 000	639 000	125 000

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	128 000	245 000	148 000	352 000
Total Tangible Assets	128 000	245 000	148 000	352 000
Total Fiancial Fixed Assets	354 000	304 000	798 000	543 000
Total Fixed Assets	483 000	550 000	946 000	894 000
Stock	69 000	68 000	40 000	44 000
Total Investments	0	0	0	0
Cash, Bank	303 000	290 000	303 000	115 000
Total Current Assets	466 000	399 000	412 000	222 000
Total Assets	949 000	948 000	1 359 000	1 116 000
Total Equity	135 000	135 000	272 000	101 000
Short-Term Group Debt	0	0	600 000	200 000
Total Long-Term Debt	152 000	0	0	165 000
Creditors	161 000	242 000	48 000	192 000
Unpaid Taxes	105 000	127 000	146 000	181 000
Dividends	0	0	0	0
Other Current Debt	375 000	178 000	236 000	273 000
Total Current Debt	661 000	813 000	1 086 000	850 000
Total Equity and Debt	949 000	948 000	1 359 000	1 116 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0 %	189,63 %	234,93 %	123,76 %
Debt-to-Equity Ratio	1,13	0	0	1,63
Operating Profit Margin	0,65 %	8,7 %	21,66 %	5,66 %
Current Ratio	0,7	0,49	0,38	0,26
Quick Ratio	0,79	0,54	0,39	0,28
Equity Ratio	0,14	0,14	0,2	0,09
Gross Profit Margin	70,43 %	69,67 %	68,35 %	68,27 %