HK-HANDEL AS

4200 SAUDA

Finances

Share Ownership

Return on Equity

159,64 %

Current Ratio

0,88

Debt-to-Equity Ratio

−0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 136 000	33 957 000	38 145 000	36 847 000
Net Income	−1 325 000	−318 000	572 000	−40 000
Total Assets	4 404 000	4 734 000	5 098 000	4 616 000
Total Equity	−830 000	495 000	813 000	527 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 136 000	33 957 000	38 145 000	36 847 000
Expenditure	33 228 000	34 337 000	37 374 000	36 851 000
Operating Profit	−1 092 000	−378 000	771 000	−4 000
Financial Income	0	0	0	1 000
Financial Costs	146 000	27 000	33 000	48 000
Financial Balance	−146 000	−27 000	−33 000	−47 000
Earnings Before Tax	−1 237 000	−405 000	738 000	−51 000
Tax	88 000	−88 000	166 000	−11 000
Net Income	−1 325 000	−318 000	572 000	−40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 000	120 000	6 000	17 000
Total Current Assets	4 375 000	4 614 000	5 092 000	4 599 000
Total Assets	4 404 000	4 734 000	5 098 000	4 616 000
Total Retained Equity	−1 130 000	195 000	513 000	227 000
Total Equity	−830 000	495 000	813 000	527 000
Total Long-Term Debt	270 000	0	0	0
Total Current Debt	4 964 000	4 239 000	4 285 000	4 089 000
Total Equity and Debt	4 404 000	4 734 000	5 098 000	4 616 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 795 000	33 593 000	37 779 000	36 503 000
Other Income	341 000	364 000	366 000	343 000
Revenue	32 136 000	33 957 000	38 145 000	36 847 000
Cost of Goods Sold	24 794 000	26 527 000	29 398 000	28 420 000
Salary Costs	3 607 000	3 397 000	3 670 000	4 013 000
Depreciation	4 000	3 000	0	0
Impairment	0	0	0	0
Expenditure	33 228 000	34 337 000	37 374 000	36 851 000
Operating Profit	−1 092 000	−378 000	771 000	−4 000
Financial Income	0	0	0	1 000
Financial Costs	146 000	27 000	33 000	48 000
Financial Balance	−146 000	−27 000	−33 000	−47 000
Dividends	0	0	286 000	0
Net Income	−1 325 000	−318 000	572 000	−40 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	88 000	0	11 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	22 000	26 000	0	0
Total Tangible Assets	22 000	26 000	0	0
Total Fiancial Fixed Assets	6 000	6 000	6 000	6 000
Total Fixed Assets	28 000	120 000	6 000	17 000
Stock	2 145 000	2 459 000	2 480 000	2 360 000
Total Investments	0	0	0	0
Cash, Bank	823 000	601 000	1 032 000	583 000
Total Current Assets	4 375 000	4 614 000	5 092 000	4 599 000
Total Assets	4 404 000	4 734 000	5 098 000	4 616 000
Total Equity	−830 000	495 000	813 000	527 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	270 000	0	0	0
Creditors	4 190 000	3 598 000	3 000 000	3 296 000
Unpaid Taxes	238 000	187 000	338 000	348 000
Dividends	0	0	286 000	0
Other Current Debt	536 000	454 000	506 000	445 000
Total Current Debt	4 964 000	4 239 000	4 285 000	4 089 000
Total Equity and Debt	4 404 000	4 734 000	5 098 000	4 616 000

Financial indicators	2022	2021	2020	2019
Return on Equity	159,64 %	−64,24 %	70,36 %	−7,59 %
Debt-to-Equity Ratio	−0,33	0	0	0
Operating Profit Margin	−3,4 %	−1,11 %	2,02 %	−0,01 %
Current Ratio	0,88	1,09	1,19	1,12
Quick Ratio	1,55	2,59	2,82	2,66
Equity Ratio	−0,19	0,1	0,16	0,11
Gross Profit Margin	22,85 %	21,88 %	22,93 %	22,87 %