NORDIC HANDBAG AS

1767 HALDEN

Finances

Return on Equity

0,75 %

Current Ratio

0,37

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 521 000	2 024 000	719 000	1 538 000
Net Income	196 000	129 000	−94 000	9 056 000
Total Assets	36 874 000	35 832 000	36 521 000	35 644 000
Total Equity	25 986 000	25 790 000	25 661 000	25 756 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 521 000	2 024 000	719 000	1 538 000
Expenditure	1 888 000	1 288 000	944 000	1 384 000
Operating Profit	1 633 000	736 000	−226 000	154 000
Financial Income	42 000	272 000	469 000	9 393 000
Financial Costs	1 167 000	809 000	338 000	485 000
Financial Balance	−1 125 000	−537 000	131 000	8 908 000
Earnings Before Tax	508 000	199 000	−94 000	9 062 000
Tax	312 000	70 000	0	5 000
Net Income	196 000	129 000	−94 000	9 056 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 951 000	35 681 000	36 298 000	34 305 000
Total Current Assets	2 924 000	152 000	223 000	1 339 000
Total Assets	36 874 000	35 832 000	36 521 000	35 644 000
Total Retained Equity	25 786 000	25 590 000	25 461 000	25 556 000
Total Equity	25 986 000	25 790 000	25 661 000	25 756 000
Total Long-Term Debt	2 973 000	3 112 000	4 444 000	5 222 000
Total Current Debt	7 915 000	6 930 000	6 416 000	4 666 000
Total Equity and Debt	36 874 000	35 832 000	36 521 000	35 644 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 521 000	2 024 000	720 000	1 512 000
Other Income	0	0	−1 000	27 000
Revenue	3 521 000	2 024 000	719 000	1 538 000
Cost of Goods Sold	21 000	330 000	7 000	65 000
Salary Costs	1 039 000	530 000	477 000	671 000
Depreciation	130 000	4 000	0	0
Impairment	0	0	0	0
Expenditure	1 888 000	1 288 000	944 000	1 384 000
Operating Profit	1 633 000	736 000	−226 000	154 000
Financial Income	42 000	272 000	469 000	9 393 000
Financial Costs	1 167 000	809 000	338 000	485 000
Financial Balance	−1 125 000	−537 000	131 000	8 908 000
Dividends	0	0	0	0
Net Income	196 000	129 000	−94 000	9 056 000

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	1 352 000	52 000	0	0
Total Tangible Assets	1 352 000	52 000	0	0
Total Fiancial Fixed Assets	32 598 000	35 629 000	36 298 000	34 305 000
Total Fixed Assets	33 951 000	35 681 000	36 298 000	34 305 000
Stock	55 000	55 000	55 000	55 000
Total Investments	0	0	0	0
Cash, Bank	32 000	16 000	14 000	16 000
Total Current Assets	2 924 000	152 000	223 000	1 339 000
Total Assets	36 874 000	35 832 000	36 521 000	35 644 000
Total Equity	25 986 000	25 790 000	25 661 000	25 756 000
Short-Term Group Debt	0	0	0	14 000
Total Long-Term Debt	2 973 000	3 112 000	4 444 000	5 222 000
Creditors	12 000	2 000	32 000	108 000
Unpaid Taxes	664 000	94 000	65 000	192 000
Dividends	0	0	0	0
Other Current Debt	6 815 000	6 684 000	5 987 000	3 978 000
Total Current Debt	7 915 000	6 930 000	6 416 000	4 666 000
Total Equity and Debt	36 874 000	35 832 000	36 521 000	35 644 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,75 %	0,5 %	−0,37 %	35,16 %
Debt-to-Equity Ratio	0,11	0,12	0,17	0,2
Operating Profit Margin	46,38 %	36,36 %	−31,43 %	10,01 %
Current Ratio	0,37	0,02	0,03	0,29
Quick Ratio	0,37	0,02	0,04	0,29
Equity Ratio	0,7	0,72	0,7	0,72
Gross Profit Margin	99,4 %	83,7 %	99,03 %	95,77 %