HÅNDVERKSSENTER AS

1658 TORP

Finances

Return on Equity

3,36 %

Current Ratio

0,88

Debt-to-Equity Ratio

5,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 619 000	5 073 000	4 738 000	4 035 000
Net Income	222 000	965 000	526 000	349 000
Total Assets	45 191 000	46 610 000	30 024 000	32 256 000
Total Equity	6 605 000	6 384 000	5 419 000	5 649 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 619 000	5 073 000	4 738 000	4 035 000
Expenditure	4 411 000	3 555 000	3 755 000	3 092 000
Operating Profit	1 208 000	1 518 000	982 000	943 000
Financial Income	15 000	14 000	7 000	3 000
Financial Costs	939 000	295 000	315 000	498 000
Financial Balance	−924 000	−281 000	−308 000	−495 000
Earnings Before Tax	284 000	1 237 000	674 000	447 000
Tax	63 000	272 000	149 000	98 000
Net Income	222 000	965 000	526 000	349 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 397 000	43 600 000	29 601 000	31 917 000
Total Current Assets	1 794 000	3 009 000	424 000	339 000
Total Assets	45 191 000	46 610 000	30 024 000	32 256 000
Total Retained Equity	6 305 000	6 084 000	5 119 000	5 481 000
Total Equity	6 605 000	6 384 000	5 419 000	5 649 000
Total Long-Term Debt	36 554 000	34 006 000	18 821 000	21 287 000
Total Current Debt	2 031 000	6 220 000	5 785 000	5 320 000
Total Equity and Debt	45 191 000	46 610 000	30 024 000	32 256 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 304 000	167 000	116 000	60 000
Other Income	315 000	4 906 000	4 622 000	3 975 000
Revenue	5 619 000	5 073 000	4 738 000	4 035 000
Cost of Goods Sold	858 000	117 000	0	0
Salary Costs	1 886 000	1 845 000	1 864 000	2 195 000
Depreciation	909 000	719 000	879 000	102 000
Impairment	0	0	0	0
Expenditure	4 411 000	3 555 000	3 755 000	3 092 000
Operating Profit	1 208 000	1 518 000	982 000	943 000
Financial Income	15 000	14 000	7 000	3 000
Financial Costs	939 000	295 000	315 000	498 000
Financial Balance	−924 000	−281 000	−308 000	−495 000
Dividends	0	0	0	0
Net Income	222 000	965 000	526 000	349 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	31 195 000	31 298 000	28 431 000	28 979 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	300 000	460 000
Total Tangible Assets	31 195 000	31 298 000	28 731 000	29 439 000
Total Fiancial Fixed Assets	12 202 000	12 302 000	870 000	2 478 000
Total Fixed Assets	43 397 000	43 600 000	29 601 000	31 917 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	171 000	1 024 000	241 000	196 000
Total Current Assets	1 794 000	3 009 000	424 000	339 000
Total Assets	45 191 000	46 610 000	30 024 000	32 256 000
Total Equity	6 605 000	6 384 000	5 419 000	5 649 000
Short-Term Group Debt	0	0	4 609 000	5 083 000
Total Long-Term Debt	36 554 000	34 006 000	18 821 000	21 287 000
Creditors	72 000	412 000	61 000	45 000
Unpaid Taxes	157 000	186 000	500 000	27 000
Dividends	0	0	0	0
Other Current Debt	1 675 000	5 404 000	498 000	166 000
Total Current Debt	2 031 000	6 220 000	5 785 000	5 320 000
Total Equity and Debt	45 191 000	46 610 000	30 024 000	32 256 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,36 %	15,12 %	9,71 %	6,18 %
Debt-to-Equity Ratio	5,53	5,33	3,47	3,77
Operating Profit Margin	21,5 %	29,92 %	20,73 %	23,37 %
Current Ratio	0,88	0,48	0,07	0,06
Quick Ratio	0,88	0,48	0,07	0,06
Equity Ratio	0,15	0,14	0,18	0,18
Gross Profit Margin	84,73 %	97,69 %	100 %	100 %