HAPPYFLOWER AS

0571 OSLO

Finances

Share Ownership

Return on Equity

53 %

Current Ratio

0,63

Debt-to-Equity Ratio

−0,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 148 000	4 642 000	4 658 000	2 535 000
Net Income	−283 000	84 000	−188 000	11 000
Total Assets	811 000	879 000	648 000	900 000
Total Equity	−534 000	−252 000	−336 000	−148 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 148 000	4 642 000	4 658 000	2 535 000
Expenditure	5 382 000	4 490 000	4 769 000	2 490 000
Operating Profit	−234 000	151 000	−110 000	45 000
Financial Income	0	0	0	0
Financial Costs	49 000	38 000	47 000	33 000
Financial Balance	−49 000	−38 000	−47 000	−33 000
Earnings Before Tax	−283 000	113 000	−157 000	11 000
Tax	0	29 000	31 000	0
Net Income	−283 000	84 000	−188 000	11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	271 000	375 000	421 000	544 000
Total Current Assets	540 000	504 000	227 000	356 000
Total Assets	811 000	879 000	648 000	900 000
Total Retained Equity	−564 000	−282 000	−366 000	−178 000
Total Equity	−534 000	−252 000	−336 000	−148 000
Total Long-Term Debt	490 000	554 000	626 000	708 000
Total Current Debt	855 000	577 000	358 000	339 000
Total Equity and Debt	811 000	879 000	648 000	900 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 989 000	3 745 000	4 658 000	2 535 000
Other Income	2 158 000	897 000	0	0
Revenue	5 148 000	4 642 000	4 658 000	2 535 000
Cost of Goods Sold	2 959 000	2 168 000	2 467 000	1 010 000
Salary Costs	1 248 000	1 263 000	1 194 000	733 000
Depreciation	77 000	77 000	129 000	140 000
Impairment	0	0	0	0
Expenditure	5 382 000	4 490 000	4 769 000	2 490 000
Operating Profit	−234 000	151 000	−110 000	45 000
Financial Income	0	0	0	0
Financial Costs	49 000	38 000	47 000	33 000
Financial Balance	−49 000	−38 000	−47 000	−33 000
Dividends	0	0	0	0
Net Income	−283 000	84 000	−188 000	11 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	6 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	231 000	309 000	386 000	514 000
Total Tangible Assets	231 000	309 000	386 000	514 000
Total Fiancial Fixed Assets	40 000	67 000	30 000	30 000
Total Fixed Assets	271 000	375 000	421 000	544 000
Stock	147 000	279 000	130 000	309 000
Total Investments	0	0	0	0
Cash, Bank	43 000	54 000	74 000	47 000
Total Current Assets	540 000	504 000	227 000	356 000
Total Assets	811 000	879 000	648 000	900 000
Total Equity	−534 000	−252 000	−336 000	−148 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	490 000	554 000	626 000	708 000
Creditors	132 000	240 000	266 000	354 000
Unpaid Taxes	261 000	158 000	151 000	149 000
Dividends	0	0	0	0
Other Current Debt	463 000	156 000	−96 000	−163 000
Total Current Debt	855 000	577 000	358 000	339 000
Total Equity and Debt	811 000	879 000	648 000	900 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53 %	−33,33 %	55,95 %	−7,43 %
Debt-to-Equity Ratio	−0,92	−2,2	−1,86	−4,78
Operating Profit Margin	−4,55 %	3,25 %	−2,36 %	1,78 %
Current Ratio	0,63	0,87	0,63	1,05
Quick Ratio	0,76	1,69	1	11,87
Equity Ratio	−0,66	−0,29	−0,52	−0,16
Gross Profit Margin	42,52 %	53,3 %	47,04 %	60,16 %