HAPPY HOMES NORGE AS

7011 TRONDHEIM

Finances

Return on Equity

−8,12 %

Current Ratio

1,84

Debt-to-Equity Ratio

0,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 259 000	11 708 000	10 577 000	10 121 000
Net Income	−410 000	−452 000	242 000	−986 000
Total Assets	10 915 000	11 112 000	10 693 000	8 797 000
Total Equity	5 049 000	5 465 000	5 913 000	5 864 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 259 000	11 708 000	10 577 000	10 121 000
Expenditure	10 605 000	12 420 000	10 279 000	11 379 000
Operating Profit	−347 000	−713 000	297 000	−1 258 000
Financial Income	17 000	126 000	80 000	13 000
Financial Costs	160 000	22 000	2 000	2 000
Financial Balance	−143 000	104 000	78 000	11 000
Earnings Before Tax	−490 000	−610 000	375 000	−1 247 000
Tax	−79 000	−158 000	133 000	−260 000
Net Income	−410 000	−452 000	242 000	−986 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 431 000	4 840 000	4 832 000	3 492 000
Total Current Assets	5 484 000	6 273 000	5 861 000	5 305 000
Total Assets	10 915 000	11 112 000	10 693 000	8 797 000
Total Retained Equity	4 959 000	5 369 000	5 803 000	5 750 000
Total Equity	5 049 000	5 465 000	5 913 000	5 864 000
Total Long-Term Debt	2 890 000	2 774 000	2 625 000	908 000
Total Current Debt	2 976 000	2 873 000	2 155 000	2 025 000
Total Equity and Debt	10 915 000	11 112 000	10 693 000	8 797 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 867 000	10 987 000	10 577 000	10 085 000
Other Income	391 000	721 000	0	36 000
Revenue	10 259 000	11 708 000	10 577 000	10 121 000
Cost of Goods Sold	0	5 000	117 000	39 000
Salary Costs	3 123 000	3 274 000	3 449 000	3 552 000
Depreciation	409 000	491 000	374 000	489 000
Impairment	0	0	0	566 000
Expenditure	10 605 000	12 420 000	10 279 000	11 379 000
Operating Profit	−347 000	−713 000	297 000	−1 258 000
Financial Income	17 000	126 000	80 000	13 000
Financial Costs	160 000	22 000	2 000	2 000
Financial Balance	−143 000	104 000	78 000	11 000
Dividends	0	0	0	0
Net Income	−410 000	−452 000	242 000	−986 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 917 000	2 027 000	2 055 000	2 104 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 648 000	978 000	968 000	371 000
Total Tangible Assets	1 648 000	978 000	968 000	371 000
Total Fiancial Fixed Assets	1 865 000	1 835 000	1 809 000	1 017 000
Total Fixed Assets	5 431 000	4 840 000	4 832 000	3 492 000
Stock	465 000	0	54 000	171 000
Total Investments	0	0	0	0
Cash, Bank	308 000	1 096 000	2 663 000	1 770 000
Total Current Assets	5 484 000	6 273 000	5 861 000	5 305 000
Total Assets	10 915 000	11 112 000	10 693 000	8 797 000
Total Equity	5 049 000	5 465 000	5 913 000	5 864 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 890 000	2 774 000	2 625 000	908 000
Creditors	465 000	639 000	414 000	1 411 000
Unpaid Taxes	875 000	−282 000	229 000	215 000
Dividends	0	0	0	0
Other Current Debt	1 636 000	2 517 000	1 308 000	399 000
Total Current Debt	2 976 000	2 873 000	2 155 000	2 025 000
Total Equity and Debt	10 915 000	11 112 000	10 693 000	8 797 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,12 %	−8,27 %	4,09 %	−16,81 %
Debt-to-Equity Ratio	0,57	0,51	0,44	0,15
Operating Profit Margin	−3,38 %	−6,09 %	2,81 %	−12,43 %
Current Ratio	1,84	2,18	2,72	2,62
Quick Ratio	2,18	2,18	2,79	2,86
Equity Ratio	0,46	0,49	0,55	0,67
Gross Profit Margin	100 %	99,96 %	98,89 %	99,61 %