HÅNDVERKSCOMPAGNIET AS

8516 NARVIK

Finances

Share Ownership

Return on Equity

5,95 %

Current Ratio

3,84

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 645 000	9 548 000	7 011 000	6 242 000
Net Income	221 000	740 000	277 000	−134 000
Total Assets	5 780 000	6 045 000	5 180 000	5 063 000
Total Equity	3 713 000	3 492 000	2 752 000	2 475 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 645 000	9 548 000	7 011 000	6 242 000
Expenditure	5 309 000	8 549 000	6 595 000	6 329 000
Operating Profit	337 000	1 000 000	417 000	−87 000
Financial Income	0	0	0	1 000
Financial Costs	52 000	46 000	59 000	83 000
Financial Balance	−52 000	−46 000	−59 000	−82 000
Earnings Before Tax	286 000	954 000	358 000	−169 000
Tax	65 000	214 000	82 000	−35 000
Net Income	221 000	740 000	277 000	−134 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 024 000	2 081 000	2 210 000	2 363 000
Total Current Assets	3 756 000	3 963 000	2 970 000	2 700 000
Total Assets	5 780 000	6 045 000	5 180 000	5 063 000
Total Retained Equity	3 618 000	3 397 000	2 657 000	2 381 000
Total Equity	3 713 000	3 492 000	2 752 000	2 475 000
Total Long-Term Debt	1 090 000	1 293 000	1 462 000	1 561 000
Total Current Debt	978 000	1 260 000	966 000	1 027 000
Total Equity and Debt	5 780 000	6 045 000	5 180 000	5 063 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 645 000	9 548 000	6 991 000	6 147 000
Other Income	0	0	20 000	95 000
Revenue	5 645 000	9 548 000	7 011 000	6 242 000
Cost of Goods Sold	2 355 000	5 173 000	3 007 000	2 483 000
Salary Costs	1 669 000	2 135 000	2 393 000	2 596 000
Depreciation	60 000	64 000	72 000	77 000
Impairment	0	0	0	0
Expenditure	5 309 000	8 549 000	6 595 000	6 329 000
Operating Profit	337 000	1 000 000	417 000	−87 000
Financial Income	0	0	0	1 000
Financial Costs	52 000	46 000	59 000	83 000
Financial Balance	−52 000	−46 000	−59 000	−82 000
Dividends	0	0	0	0
Net Income	221 000	740 000	277 000	−134 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	33 000
Real Eastate	1 930 000	1 977 000	2 025 000	2 072 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 000	30 000	47 000	53 000
Total Tangible Assets	1 948 000	2 008 000	2 071 000	2 125 000
Total Fiancial Fixed Assets	76 000	74 000	139 000	205 000
Total Fixed Assets	2 024 000	2 081 000	2 210 000	2 363 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 114 000	3 020 000	2 803 000	2 117 000
Total Current Assets	3 756 000	3 963 000	2 970 000	2 700 000
Total Assets	5 780 000	6 045 000	5 180 000	5 063 000
Total Equity	3 713 000	3 492 000	2 752 000	2 475 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 090 000	1 293 000	1 462 000	1 561 000
Creditors	292 000	339 000	325 000	344 000
Unpaid Taxes	298 000	368 000	293 000	320 000
Dividends	0	0	0	0
Other Current Debt	307 000	357 000	348 000	363 000
Total Current Debt	978 000	1 260 000	966 000	1 027 000
Total Equity and Debt	5 780 000	6 045 000	5 180 000	5 063 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,95 %	21,19 %	10,07 %	−5,41 %
Debt-to-Equity Ratio	0,29	0,37	0,53	0,63
Operating Profit Margin	5,97 %	10,47 %	5,95 %	−1,39 %
Current Ratio	3,84	3,15	3,07	2,63
Quick Ratio	3,84	3,15	3,07	2,63
Equity Ratio	0,64	0,58	0,53	0,49
Gross Profit Margin	58,28 %	45,82 %	57,11 %	60,22 %