HANDELSVARER AS

4724 IVELAND

Finances

Return on Equity

13,48 %

Current Ratio

17,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	581 000	149 000	290 000	632 000
Net Income	24 000	−21 000	−57 000	−23 000
Total Assets	188 000	167 000	180 000	270 000
Total Equity	178 000	154 000	175 000	233 000

Income (NOK)	2022	2021	2020	2019
Revenue	581 000	149 000	290 000	632 000
Expenditure	557 000	170 000	346 000	655 000
Operating Profit	24 000	−21 000	−57 000	−23 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	24 000	−21 000	−57 000	−23 000
Tax	0	0	0	0
Net Income	24 000	−21 000	−57 000	−23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	0	0	0
Total Current Assets	178 000	167 000	180 000	270 000
Total Assets	188 000	167 000	180 000	270 000
Total Retained Equity	41 000	17 000	38 000	96 000
Total Equity	178 000	154 000	175 000	233 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 000	13 000	5 000	38 000
Total Equity and Debt	188 000	167 000	180 000	270 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	579 000	148 000	290 000	632 000
Other Income	2 000	1 000	0	0
Revenue	581 000	149 000	290 000	632 000
Cost of Goods Sold	0	0	62 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	557 000	170 000	346 000	655 000
Operating Profit	24 000	−21 000	−57 000	−23 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	24 000	−21 000	−57 000	−23 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	10 000	0	0	0
Total Fixed Assets	10 000	0	0	0
Stock	20 000	20 000	20 000	91 000
Total Investments	0	0	0	0
Cash, Bank	151 000	101 000	144 000	112 000
Total Current Assets	178 000	167 000	180 000	270 000
Total Assets	188 000	167 000	180 000	270 000
Total Equity	178 000	154 000	175 000	233 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	6 000	4 000	12 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	9 000	7 000	1 000	26 000
Total Current Debt	10 000	13 000	5 000	38 000
Total Equity and Debt	188 000	167 000	180 000	270 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,48 %	−13,64 %	−32,57 %	−9,87 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,13 %	−14,09 %	−19,66 %	−3,64 %
Current Ratio	17,8	12,85	36	7,11
Quick Ratio	−17,8	−23,86	−12	−5,09
Equity Ratio	0,95	0,92	0,97	0,86
Gross Profit Margin	100 %	100 %	78,62 %	100 %