HANDI AID AS

4790 LILLESAND

Finances

Share Ownership

Return on Equity

29,87 %

Current Ratio

5,21

Debt-to-Equity Ratio

1,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 862 000	23 940 000	18 559 000	15 323 000
Net Income	2 189 000	2 208 000	1 341 000	625 000
Total Assets	21 413 000	18 987 000	16 623 000	13 863 000
Total Equity	7 328 000	5 139 000	2 931 000	1 589 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 862 000	23 940 000	18 559 000	15 323 000
Expenditure	23 771 000	21 039 000	16 712 000	14 493 000
Operating Profit	2 091 000	2 901 000	1 848 000	831 000
Financial Income	830 000	5 000	59 000	8 000
Financial Costs	47 000	49 000	170 000	37 000
Financial Balance	783 000	−44 000	−111 000	−29 000
Earnings Before Tax	2 874 000	2 856 000	1 737 000	802 000
Tax	685 000	648 000	395 000	176 000
Net Income	2 189 000	2 208 000	1 341 000	625 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	209 000	380 000	686 000	811 000
Total Current Assets	21 205 000	18 606 000	15 937 000	13 052 000
Total Assets	21 413 000	18 987 000	16 623 000	13 863 000
Total Retained Equity	7 298 000	5 109 000	2 901 000	1 559 000
Total Equity	7 328 000	5 139 000	2 931 000	1 589 000
Total Long-Term Debt	10 017 000	10 104 000	10 214 000	10 350 000
Total Current Debt	4 069 000	3 745 000	3 478 000	1 924 000
Total Equity and Debt	21 413 000	18 987 000	16 623 000	13 863 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 862 000	23 940 000	18 533 000	15 306 000
Other Income	0	0	26 000	18 000
Revenue	25 862 000	23 940 000	18 559 000	15 323 000
Cost of Goods Sold	17 492 000	15 060 000	11 075 000	9 886 000
Salary Costs	2 551 000	2 513 000	2 185 000	1 913 000
Depreciation	214 000	360 000	384 000	358 000
Impairment	0	0	0	0
Expenditure	23 771 000	21 039 000	16 712 000	14 493 000
Operating Profit	2 091 000	2 901 000	1 848 000	831 000
Financial Income	830 000	5 000	59 000	8 000
Financial Costs	47 000	49 000	170 000	37 000
Financial Balance	783 000	−44 000	−111 000	−29 000
Dividends	0	0	0	0
Net Income	2 189 000	2 208 000	1 341 000	625 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	116 000	99 000	45 000	22 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	93 000	281 000	642 000	790 000
Total Tangible Assets	93 000	281 000	642 000	790 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	209 000	380 000	686 000	811 000
Stock	8 850 000	9 096 000	8 750 000	8 443 000
Total Investments	0	0	0	0
Cash, Bank	8 066 000	5 616 000	3 267 000	2 015 000
Total Current Assets	21 205 000	18 606 000	15 937 000	13 052 000
Total Assets	21 413 000	18 987 000	16 623 000	13 863 000
Total Equity	7 328 000	5 139 000	2 931 000	1 589 000
Short-Term Group Debt	0	0	0	617 000
Total Long-Term Debt	10 017 000	10 104 000	10 214 000	10 350 000
Creditors	2 188 000	1 558 000	2 282 000	333 000
Unpaid Taxes	932 000	1 206 000	519 000	623 000
Dividends	0	0	0	0
Other Current Debt	247 000	278 000	259 000	351 000
Total Current Debt	4 069 000	3 745 000	3 478 000	1 924 000
Total Equity and Debt	21 413 000	18 987 000	16 623 000	13 863 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,87 %	42,97 %	45,75 %	39,33 %
Debt-to-Equity Ratio	1,37	1,97	3,48	6,51
Operating Profit Margin	8,09 %	12,12 %	9,96 %	5,42 %
Current Ratio	5,21	4,97	4,58	6,78
Quick Ratio	−4,44	−3,48	−3,02	−2
Equity Ratio	0,34	0,27	0,18	0,11
Gross Profit Margin	32,36 %	37,09 %	40,33 %	35,48 %