HAPPY OCEAN STUDIOS AS

6050 VALDERØYA

Finances

Return on Equity

33,94 %

Current Ratio

19,75

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020
Revenue	91 000	6 000	87 000
Net Income	56 000	−27 000	87 000
Total Assets	174 000	108 000	0
Total Equity	165 000	108 000	0

Income (NOK)	2022	2021	2020
Revenue	91 000	6 000	87 000
Expenditure	26 000	33 000	0
Operating Profit	65 000	−27 000	87 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	65 000	−27 000	87 000
Tax	9 000	0	0
Net Income	56 000	−27 000	87 000

Balance (NOK)	2022	2021
Total Fixed Assets	16 000	16 000
Total Current Assets	158 000	92 000
Total Assets	174 000	108 000
Total Retained Equity	35 000	−22 000
Total Equity	165 000	108 000
Total Long-Term Debt	1 000	0
Total Current Debt	8 000	0
Total Equity and Debt	174 000	108 000

Cash flow (NOK)	2022	2021	2020
Sales Income	91 000	6 000	87 000
Other Income	0	0	0
Revenue	91 000	6 000	87 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	26 000	33 000	0
Operating Profit	65 000	−27 000	87 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	56 000	−27 000	87 000

Balance details (NOK)	2022	2021
Goodwill	0	0
Total Intangible Assets	0	0
Real Eastate	0	0
Machinery and Plant Facilities	0	0
Fixtures	6 000	6 000
Total Tangible Assets	6 000	6 000
Total Fiancial Fixed Assets	11 000	11 000
Total Fixed Assets	16 000	16 000
Stock	0	0
Total Investments	0	0
Cash, Bank	156 000	94 000
Total Current Assets	158 000	92 000
Total Assets	174 000	108 000
Total Equity	165 000	108 000
Short-Term Group Debt	0	0
Total Long-Term Debt	1 000	0
Creditors	0	0
Unpaid Taxes	0	0
Dividends	0	0
Other Current Debt	0	0
Total Current Debt	8 000	0
Total Equity and Debt	174 000	108 000

Financial indicators	2022	2021	2020
Return on Equity	33,94 %	−25 %	-
Debt-to-Equity Ratio	0,01	0	-
Operating Profit Margin	71,43 %	−450 %	100 %
Current Ratio	19,75	-	-
Quick Ratio	19,75	-	-
Equity Ratio	0,95	1	-
Gross Profit Margin	100 %	100 %	100 %