HANDL NORWAY AS

2004 LILLESTRØM

Finances

Share Ownership

Return on Equity

20,7 %

Current Ratio

2,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	46 025 000	50 513 000	46 864 000	32 903 000
Net Income	1 665 000	3 585 000	3 300 000	841 000
Total Assets	14 376 000	17 533 000	13 438 000	9 348 000
Total Equity	8 044 000	8 973 000	7 181 000	3 881 000

Income (NOK)	2022	2021	2020	2019
Revenue	46 025 000	50 513 000	46 864 000	32 903 000
Expenditure	43 728 000	45 946 000	42 496 000	31 759 000
Operating Profit	2 296 000	4 567 000	4 368 000	1 143 000
Financial Income	86 000	169 000	66 000	53 000
Financial Costs	259 000	126 000	202 000	117 000
Financial Balance	−173 000	43 000	−136 000	−64 000
Earnings Before Tax	2 123 000	4 610 000	4 231 000	1 079 000
Tax	458 000	1 025 000	931 000	238 000
Net Income	1 665 000	3 585 000	3 300 000	841 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	375 000	398 000	518 000	19 000
Total Current Assets	14 001 000	17 135 000	12 920 000	9 328 000
Total Assets	14 376 000	17 533 000	13 438 000	9 348 000
Total Retained Equity	5 930 000	5 265 000	3 473 000	173 000
Total Equity	8 044 000	8 973 000	7 181 000	3 881 000
Total Long-Term Debt	0	0	30 000	16 000
Total Current Debt	6 333 000	8 559 000	6 227 000	5 451 000
Total Equity and Debt	14 376 000	17 533 000	13 438 000	9 348 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	46 025 000	50 513 000	46 828 000	32 808 000
Other Income	0	0	35 000	95 000
Revenue	46 025 000	50 513 000	46 864 000	32 903 000
Cost of Goods Sold	34 961 000	37 447 000	34 642 000	24 759 000
Salary Costs	5 019 000	4 855 000	4 581 000	4 592 000
Depreciation	278 000	270 000	168 000	6 000
Impairment	0	0	0	0
Expenditure	43 728 000	45 946 000	42 496 000	31 759 000
Operating Profit	2 296 000	4 567 000	4 368 000	1 143 000
Financial Income	86 000	169 000	66 000	53 000
Financial Costs	259 000	126 000	202 000	117 000
Financial Balance	−173 000	43 000	−136 000	−64 000
Dividends	1 000 000	1 792 000	0	0
Net Income	1 665 000	3 585 000	3 300 000	841 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	313 000	108 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	61 000	289 000	518 000	19 000
Total Tangible Assets	61 000	289 000	518 000	19 000
Total Fiancial Fixed Assets	1 000	0	0	0
Total Fixed Assets	375 000	398 000	518 000	19 000
Stock	3 818 000	4 109 000	3 503 000	1 913 000
Total Investments	0	0	0	0
Cash, Bank	4 627 000	7 268 000	4 034 000	3 740 000
Total Current Assets	14 001 000	17 135 000	12 920 000	9 328 000
Total Assets	14 376 000	17 533 000	13 438 000	9 348 000
Total Equity	8 044 000	8 973 000	7 181 000	3 881 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	30 000	16 000
Creditors	3 049 000	3 853 000	3 538 000	1 563 000
Unpaid Taxes	780 000	1 070 000	866 000	461 000
Dividends	1 000 000	1 792 000	0	0
Other Current Debt	867 000	789 000	906 000	3 317 000
Total Current Debt	6 333 000	8 559 000	6 227 000	5 451 000
Total Equity and Debt	14 376 000	17 533 000	13 438 000	9 348 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,7 %	39,95 %	45,95 %	21,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,99 %	9,04 %	9,32 %	3,47 %
Current Ratio	2,21	2	2,07	1,71
Quick Ratio	5,57	3,85	4,74	2,64
Equity Ratio	0,56	0,51	0,53	0,42
Gross Profit Margin	24,04 %	25,87 %	26,08 %	24,75 %