HAPPY TIME HOLDING AS

4876 GRIMSTAD

Finances

Return on Equity

58,9 %

Current Ratio

0,92

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 599 000	4 707 000	4 366 000	2 242 000
Net Income	748 000	167 000	185 000	141 000
Total Assets	2 334 000	1 004 000	663 000	961 000
Total Equity	1 270 000	522 000	355 000	171 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 599 000	4 707 000	4 366 000	2 242 000
Expenditure	9 636 000	4 483 000	4 163 000	2 060 000
Operating Profit	963 000	223 000	202 000	181 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	16 000	1 000
Financial Balance	−3 000	0	−16 000	−1 000
Earnings Before Tax	960 000	223 000	186 000	180 000
Tax	212 000	56 000	1 000	40 000
Net Income	748 000	167 000	185 000	141 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 372 000	750 000	522 000	642 000
Total Current Assets	962 000	253 000	142 000	320 000
Total Assets	2 334 000	1 004 000	663 000	961 000
Total Retained Equity	1 240 000	492 000	325 000	141 000
Total Equity	1 270 000	522 000	355 000	171 000
Total Long-Term Debt	20 000	0	0	0
Total Current Debt	1 044 000	482 000	308 000	791 000
Total Equity and Debt	2 334 000	1 004 000	663 000	961 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 584 000	4 707 000	4 366 000	2 242 000
Other Income	15 000	0	0	0
Revenue	10 599 000	4 707 000	4 366 000	2 242 000
Cost of Goods Sold	3 079 000	1 562 000	1 698 000	704 000
Salary Costs	3 364 000	1 900 000	1 663 000	1 014 000
Depreciation	285 000	136 000	176 000	53 000
Impairment	0	0	0	0
Expenditure	9 636 000	4 483 000	4 163 000	2 060 000
Operating Profit	963 000	223 000	202 000	181 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	16 000	1 000
Financial Balance	−3 000	0	−16 000	−1 000
Dividends	0	0	0	0
Net Income	748 000	167 000	185 000	141 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	257 000	327 000	0	0
Total Intangible Assets	509 000	327 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	615 000	339 000	451 000	585 000
Total Tangible Assets	615 000	339 000	451 000	585 000
Total Fiancial Fixed Assets	249 000	85 000	70 000	57 000
Total Fixed Assets	1 372 000	750 000	522 000	642 000
Stock	6 000	6 000	6 000	204 000
Total Investments	0	0	0	0
Cash, Bank	281 000	247 000	135 000	116 000
Total Current Assets	962 000	253 000	142 000	320 000
Total Assets	2 334 000	1 004 000	663 000	961 000
Total Equity	1 270 000	522 000	355 000	171 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 000	0	0	0
Creditors	104 000	−2 000	36 000	149 000
Unpaid Taxes	283 000	175 000	135 000	201 000
Dividends	0	0	0	0
Other Current Debt	468 000	291 000	136 000	400 000
Total Current Debt	1 044 000	482 000	308 000	791 000
Total Equity and Debt	2 334 000	1 004 000	663 000	961 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,9 %	31,99 %	52,11 %	82,46 %
Debt-to-Equity Ratio	0,02	0	0	0
Operating Profit Margin	9,09 %	4,74 %	4,63 %	8,07 %
Current Ratio	0,92	0,52	0,46	0,4
Quick Ratio	0,93	0,53	0,47	0,55
Equity Ratio	0,54	0,52	0,54	0,18
Gross Profit Margin	70,95 %	66,82 %	61,11 %	68,6 %