HANDELSHAGE AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

−10,86 %

Current Ratio

1,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	6 614 000	4 919 000	566 000
Net Income	−24 000	166 000	50 000
Total Assets	706 000	774 000	117 000
Total Equity	221 000	245 000	80 000

Income (NOK)	2022	2021	2020
Revenue	6 614 000	4 919 000	566 000
Expenditure	6 638 000	4 703 000	500 000
Operating Profit	−24 000	216 000	65 000
Financial Income	0	0	0
Financial Costs	1 000	1 000	0
Financial Balance	−1 000	−1 000	0
Earnings Before Tax	−24 000	216 000	65 000
Tax	0	50 000	16 000
Net Income	−24 000	166 000	50 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	706 000	774 000	117 000
Total Assets	706 000	774 000	117 000
Total Retained Equity	191 000	215 000	50 000
Total Equity	221 000	245 000	80 000
Total Long-Term Debt	0	0	0
Total Current Debt	485 000	529 000	37 000
Total Equity and Debt	706 000	774 000	117 000

Cash flow (NOK)	2022	2021	2020
Sales Income	6 551 000	4 770 000	525 000
Other Income	63 000	148 000	41 000
Revenue	6 614 000	4 919 000	566 000
Cost of Goods Sold	3 868 000	2 853 000	360 000
Salary Costs	2 106 000	1 165 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	6 638 000	4 703 000	500 000
Operating Profit	−24 000	216 000	65 000
Financial Income	0	0	0
Financial Costs	1 000	1 000	0
Financial Balance	−1 000	−1 000	0
Dividends	0	0	0
Net Income	−24 000	166 000	50 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	347 000	160 000	0
Total Investments	0	0	0
Cash, Bank	356 000	593 000	73 000
Total Current Assets	706 000	774 000	117 000
Total Assets	706 000	774 000	117 000
Total Equity	221 000	245 000	80 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	20 000	33 000	1 000
Unpaid Taxes	269 000	315 000	20 000
Dividends	0	0	0
Other Current Debt	195 000	131 000	0
Total Current Debt	485 000	529 000	37 000
Total Equity and Debt	706 000	774 000	117 000

Financial indicators	2022	2021	2020
Return on Equity	−10,86 %	67,76 %	62,5 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−0,36 %	4,39 %	11,48 %
Current Ratio	1,46	1,46	3,16
Quick Ratio	5,12	2,1	3,16
Equity Ratio	0,31	0,32	0,68
Gross Profit Margin	41,52 %	42 %	36,4 %