HÅNDVERKSVEGEN 1 AS

3917 PORSGRUNN

Finances

Share Ownership

Return on Equity

0,19 %

Current Ratio

0,82

Debt-to-Equity Ratio

1,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 890 000	1 689 000	1 390 000	1 493 000
Net Income	6 000	118 000	−217 000	5 000
Total Assets	9 646 000	9 694 000	10 581 000	13 577 000
Total Equity	3 132 000	3 258 000	3 140 000	3 035 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 890 000	1 689 000	1 390 000	1 493 000
Expenditure	1 664 000	1 392 000	1 419 000	1 260 000
Operating Profit	226 000	296 000	−28 000	234 000
Financial Income	1 000	1 000	−27 000	0
Financial Costs	219 000	145 000	223 000	227 000
Financial Balance	−218 000	−144 000	−250 000	−227 000
Earnings Before Tax	8 000	151 000	−278 000	7 000
Tax	2 000	33 000	−61 000	2 000
Net Income	6 000	118 000	−217 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 124 000	9 528 000	9 936 000	10 296 000
Total Current Assets	522 000	167 000	645 000	3 280 000
Total Assets	9 646 000	9 694 000	10 581 000	13 577 000
Total Retained Equity	0	118 000	0	5 000
Total Equity	3 132 000	3 258 000	3 140 000	3 035 000
Total Long-Term Debt	5 878 000	6 291 000	7 381 000	10 333 000
Total Current Debt	635 000	146 000	60 000	209 000
Total Equity and Debt	9 646 000	9 694 000	10 581 000	13 577 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 890 000	1 689 000	1 390 000	1 493 000
Revenue	1 890 000	1 689 000	1 390 000	1 493 000
Cost of Goods Sold	0	49 000	58 000	77 000
Salary Costs	0	0	0	200 000
Depreciation	439 000	439 000	434 000	434 000
Impairment	0	0	0	0
Expenditure	1 664 000	1 392 000	1 419 000	1 260 000
Operating Profit	226 000	296 000	−28 000	234 000
Financial Income	1 000	1 000	−27 000	0
Financial Costs	219 000	145 000	223 000	227 000
Financial Balance	−218 000	−144 000	−250 000	−227 000
Dividends	0	0	0	0
Net Income	6 000	118 000	−217 000	5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	70 000	35 000	4 000	19 000
Real Eastate	9 017 000	9 419 000	9 821 000	10 129 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	37 000	74 000	111 000	148 000
Total Tangible Assets	9 054 000	9 493 000	9 933 000	10 277 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 124 000	9 528 000	9 936 000	10 296 000
Stock	0	41 000	8 000	0
Total Investments	0	0	0	0
Cash, Bank	203 000	66 000	281 000	66 000
Total Current Assets	522 000	167 000	645 000	3 280 000
Total Assets	9 646 000	9 694 000	10 581 000	13 577 000
Total Equity	3 132 000	3 258 000	3 140 000	3 035 000
Short-Term Group Debt	169 000	0	0	0
Total Long-Term Debt	5 878 000	6 291 000	7 381 000	10 333 000
Creditors	438 000	49 000	27 000	104 000
Unpaid Taxes	26 000	32 000	32 000	23 000
Dividends	0	0	0	0
Other Current Debt	2 000	1 000	1 000	61 000
Total Current Debt	635 000	146 000	60 000	209 000
Total Equity and Debt	9 646 000	9 694 000	10 581 000	13 577 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,19 %	3,62 %	−6,91 %	0,16 %
Debt-to-Equity Ratio	1,88	1,93	2,35	3,4
Operating Profit Margin	11,96 %	17,53 %	−2,01 %	15,67 %
Current Ratio	0,82	1,14	10,75	15,69
Quick Ratio	0,82	1,59	12,4	15,69
Equity Ratio	0,32	0,34	0,3	0,22
Gross Profit Margin	100 %	97,1 %	95,83 %	94,84 %