HANDARBEIDSSTUA AS

9300 FINNSNES

Finances

Share Ownership

Return on Equity

5,98 %

Current Ratio

3,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 674 000	2 069 000	2 218 000	2 117 000
Net Income	53 000	44 000	139 000	59 000
Total Assets	1 240 000	1 153 000	1 231 000	1 186 000
Total Equity	886 000	833 000	789 000	650 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 674 000	2 069 000	2 218 000	2 117 000
Expenditure	1 598 000	2 010 000	2 064 000	2 036 000
Operating Profit	77 000	58 000	154 000	80 000
Financial Income	−1 000	0	1 000	0
Financial Costs	7 000	6 000	13 000	21 000
Financial Balance	−8 000	−6 000	−12 000	−21 000
Earnings Before Tax	68 000	52 000	142 000	59 000
Tax	15 000	8 000	4 000	0
Net Income	53 000	44 000	139 000	59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000	5 000	5 000	5 000
Total Current Assets	1 235 000	1 148 000	1 226 000	1 181 000
Total Assets	1 240 000	1 153 000	1 231 000	1 186 000
Total Retained Equity	786 000	733 000	689 000	550 000
Total Equity	886 000	833 000	789 000	650 000
Total Long-Term Debt	0	46 000	155 000	264 000
Total Current Debt	354 000	275 000	287 000	271 000
Total Equity and Debt	1 240 000	1 153 000	1 231 000	1 186 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 674 000	2 069 000	2 218 000	2 117 000
Other Income	0	0	0	0
Revenue	1 674 000	2 069 000	2 218 000	2 117 000
Cost of Goods Sold	821 000	1 134 000	1 166 000	1 027 000
Salary Costs	480 000	540 000	556 000	648 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 598 000	2 010 000	2 064 000	2 036 000
Operating Profit	77 000	58 000	154 000	80 000
Financial Income	−1 000	0	1 000	0
Financial Costs	7 000	6 000	13 000	21 000
Financial Balance	−8 000	−6 000	−12 000	−21 000
Dividends	0	0	0	0
Net Income	53 000	44 000	139 000	59 000

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	5 000	5 000	5 000	5 000
Total Fixed Assets	5 000	5 000	5 000	5 000
Stock	1 150 000	1 048 000	1 067 000	1 149 000
Total Investments	0	0	0	0
Cash, Bank	78 000	97 000	158 000	30 000
Total Current Assets	1 235 000	1 148 000	1 226 000	1 181 000
Total Assets	1 240 000	1 153 000	1 231 000	1 186 000
Total Equity	886 000	833 000	789 000	650 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	46 000	155 000	264 000
Creditors	92 000	77 000	96 000	44 000
Unpaid Taxes	64 000	56 000	65 000	71 000
Dividends	0	0	0	0
Other Current Debt	182 000	130 000	123 000	157 000
Total Current Debt	354 000	275 000	287 000	271 000
Total Equity and Debt	1 240 000	1 153 000	1 231 000	1 186 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,98 %	5,28 %	17,62 %	9,08 %
Debt-to-Equity Ratio	0	0,06	0,2	0,41
Operating Profit Margin	4,6 %	2,8 %	6,94 %	3,78 %
Current Ratio	3,49	4,17	4,27	4,36
Quick Ratio	−1,55	−1,49	−1,57	−1,35
Equity Ratio	0,71	0,72	0,64	0,55
Gross Profit Margin	50,96 %	45,19 %	47,43 %	51,49 %