HH HÅNDVERK AS

1255 OSLO

Finances

Share Ownership

Return on Equity

2,28 %

Current Ratio

1,78

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 953 000	5 903 000	4 546 000	727 000
Net Income	24 000	1 118 000	298 000	39 000
Total Assets	2 665 000	2 816 000	1 727 000	247 000
Total Equity	1 052 000	1 084 000	348 000	49 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 953 000	5 903 000	4 546 000	727 000
Expenditure	5 903 000	4 453 000	4 146 000	677 000
Operating Profit	49 000	1 451 000	400 000	50 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	20 000	18 000	18 000	0
Financial Balance	−19 000	−17 000	−17 000	0
Earnings Before Tax	31 000	1 434 000	383 000	50 000
Tax	7 000	315 000	84 000	11 000
Net Income	24 000	1 118 000	298 000	39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	291 000	412 000	533 000	0
Total Current Assets	2 374 000	2 404 000	1 194 000	247 000
Total Assets	2 665 000	2 816 000	1 727 000	247 000
Total Retained Equity	1 022 000	1 054 000	318 000	19 000
Total Equity	1 052 000	1 084 000	348 000	49 000
Total Long-Term Debt	281 000	368 000	445 000	0
Total Current Debt	1 332 000	1 365 000	935 000	198 000
Total Equity and Debt	2 665 000	2 816 000	1 727 000	247 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 953 000	5 903 000	4 546 000	727 000
Other Income	0	0	0	0
Revenue	5 953 000	5 903 000	4 546 000	727 000
Cost of Goods Sold	2 480 000	1 507 000	1 622 000	392 000
Salary Costs	2 740 000	2 321 000	1 937 000	253 000
Depreciation	121 000	121 000	60 000	0
Impairment	0	0	0	0
Expenditure	5 903 000	4 453 000	4 146 000	677 000
Operating Profit	49 000	1 451 000	400 000	50 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	20 000	18 000	18 000	0
Financial Balance	−19 000	−17 000	−17 000	0
Dividends	0	0	0	0
Net Income	24 000	1 118 000	298 000	39 000

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	202 000	282 000	362 000	0
Fixtures	89 000	130 000	171 000	0
Total Tangible Assets	291 000	412 000	533 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	291 000	412 000	533 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	917 000	516 000	939 000	243 000
Total Current Assets	2 374 000	2 404 000	1 194 000	247 000
Total Assets	2 665 000	2 816 000	1 727 000	247 000
Total Equity	1 052 000	1 084 000	348 000	49 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	281 000	368 000	445 000	0
Creditors	472 000	149 000	91 000	13 000
Unpaid Taxes	583 000	613 000	473 000	67 000
Dividends	0	0	0	0
Other Current Debt	278 000	394 000	304 000	112 000
Total Current Debt	1 332 000	1 365 000	935 000	198 000
Total Equity and Debt	2 665 000	2 816 000	1 727 000	247 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,28 %	103,14 %	85,63 %	79,59 %
Debt-to-Equity Ratio	0,27	0,34	1,28	0
Operating Profit Margin	0,82 %	24,58 %	8,8 %	6,88 %
Current Ratio	1,78	1,76	1,28	1,25
Quick Ratio	1,78	1,76	1,28	1,25
Equity Ratio	0,39	0,38	0,2	0,2
Gross Profit Margin	58,34 %	74,47 %	64,32 %	46,08 %