HANDVERK AS

3073 SANDE I VESTFOLD

Finances

Share Ownership

Return on Equity

140,6 %

Current Ratio

1,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 178 000	1 620 000	1 877 000	2 264 000
Net Income	374 000	18 000	9 000	22 000
Total Assets	892 000	393 000	463 000	498 000
Total Equity	266 000	142 000	124 000	115 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 178 000	1 620 000	1 877 000	2 264 000
Expenditure	1 722 000	1 599 000	1 866 000	2 232 000
Operating Profit	457 000	21 000	11 000	32 000
Financial Income	0	0	7 000	1 000
Financial Costs	6 000	3 000	8 000	11 000
Financial Balance	−6 000	−3 000	−1 000	−10 000
Earnings Before Tax	451 000	18 000	9 000	22 000
Tax	77 000	0	0	0
Net Income	374 000	18 000	9 000	22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000	21 000	28 000	35 000
Total Current Assets	887 000	372 000	435 000	463 000
Total Assets	892 000	393 000	463 000	498 000
Total Retained Equity	166 000	42 000	24 000	15 000
Total Equity	266 000	142 000	124 000	115 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	626 000	251 000	339 000	383 000
Total Equity and Debt	892 000	393 000	463 000	498 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 178 000	1 620 000	1 877 000	2 264 000
Other Income	0	0	0	0
Revenue	2 178 000	1 620 000	1 877 000	2 264 000
Cost of Goods Sold	285 000	54 000	312 000	624 000
Salary Costs	1 112 000	1 101 000	1 002 000	1 287 000
Depreciation	16 000	7 000	7 000	15 000
Impairment	0	0	0	0
Expenditure	1 722 000	1 599 000	1 866 000	2 232 000
Operating Profit	457 000	21 000	11 000	32 000
Financial Income	0	0	7 000	1 000
Financial Costs	6 000	3 000	8 000	11 000
Financial Balance	−6 000	−3 000	−1 000	−10 000
Dividends	250 000	0	0	0
Net Income	374 000	18 000	9 000	22 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 000	5 000	5 000	5 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	16 000	23 000	30 000
Total Tangible Assets	5 000	21 000	28 000	35 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 000	21 000	28 000	35 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	159 000	46 000	14 000	160 000
Total Current Assets	887 000	372 000	435 000	463 000
Total Assets	892 000	393 000	463 000	498 000
Total Equity	266 000	142 000	124 000	115 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	15 000	6 000	84 000	26 000
Unpaid Taxes	170 000	128 000	112 000	224 000
Dividends	250 000	0	0	0
Other Current Debt	115 000	117 000	143 000	133 000
Total Current Debt	626 000	251 000	339 000	383 000
Total Equity and Debt	892 000	393 000	463 000	498 000

Financial indicators	2022	2021	2020	2019
Return on Equity	140,6 %	12,68 %	7,26 %	19,13 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20,98 %	1,3 %	0,59 %	1,41 %
Current Ratio	1,42	1,48	1,28	1,21
Quick Ratio	1,42	1,48	1,28	1,21
Equity Ratio	0,3	0,36	0,27	0,23
Gross Profit Margin	86,91 %	96,67 %	83,38 %	72,44 %