HANDELSHUSET ØLEN AS

5580 ØLEN

Finances

Share Ownership

Return on Equity

−97,84 %

Current Ratio

1,12

Debt-to-Equity Ratio

−1,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 939 000	2 545 000	2 506 000	2 563 000
Net Income	181 000	166 000	289 000	139 000
Total Assets	598 000	462 000	526 000	361 000
Total Equity	−185 000	−366 000	−532 000	−821 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 939 000	2 545 000	2 506 000	2 563 000
Expenditure	2 720 000	2 331 000	2 163 000	2 363 000
Operating Profit	219 000	214 000	343 000	200 000
Financial Income	0	0	0	0
Financial Costs	38 000	48 000	54 000	62 000
Financial Balance	−38 000	−48 000	−54 000	−62 000
Earnings Before Tax	181 000	166 000	289 000	139 000
Tax	0	0	0	0
Net Income	181 000	166 000	289 000	139 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	598 000	462 000	526 000	361 000
Total Assets	598 000	462 000	526 000	361 000
Total Retained Equity	−285 000	−466 000	−632 000	−921 000
Total Equity	−185 000	−366 000	−532 000	−821 000
Total Long-Term Debt	248 000	373 000	442 000	529 000
Total Current Debt	534 000	455 000	616 000	653 000
Total Equity and Debt	598 000	462 000	526 000	361 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 936 000	2 474 000	2 470 000	2 554 000
Other Income	3 000	71 000	36 000	9 000
Revenue	2 939 000	2 545 000	2 506 000	2 563 000
Cost of Goods Sold	1 475 000	1 321 000	1 215 000	1 306 000
Salary Costs	764 000	615 000	579 000	665 000
Depreciation	0	0	0	3 000
Impairment	0	0	0	0
Expenditure	2 720 000	2 331 000	2 163 000	2 363 000
Operating Profit	219 000	214 000	343 000	200 000
Financial Income	0	0	0	0
Financial Costs	38 000	48 000	54 000	62 000
Financial Balance	−38 000	−48 000	−54 000	−62 000
Dividends	0	0	0	0
Net Income	181 000	166 000	289 000	139 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	528 000	412 000	491 000	336 000
Total Investments	0	0	0	0
Cash, Bank	56 000	40 000	26 000	23 000
Total Current Assets	598 000	462 000	526 000	361 000
Total Assets	598 000	462 000	526 000	361 000
Total Equity	−185 000	−366 000	−532 000	−821 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	248 000	373 000	442 000	529 000
Creditors	143 000	71 000	207 000	225 000
Unpaid Taxes	141 000	122 000	91 000	113 000
Dividends	0	0	0	0
Other Current Debt	70 000	57 000	55 000	63 000
Total Current Debt	534 000	455 000	616 000	653 000
Total Equity and Debt	598 000	462 000	526 000	361 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−97,84 %	−45,36 %	−54,32 %	−16,93 %
Debt-to-Equity Ratio	−1,34	−1,02	−0,83	−0,64
Operating Profit Margin	7,45 %	8,41 %	13,69 %	7,8 %
Current Ratio	1,12	1,02	0,85	0,55
Quick Ratio	99,67	10,74	4,21	1,14
Equity Ratio	−0,31	−0,79	−1,01	−2,27
Gross Profit Margin	49,81 %	48,09 %	51,52 %	49,04 %