HAPPY INDIAN TREE AS

0876 OSLO

Finances

Share Ownership

Return on Equity

−219,16 %

Current Ratio

0,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 429 000	4 155 000	3 913 000	4 522 000
Net Income	−366 000	298 000	10 000	−281 000
Total Assets	576 000	900 000	584 000	664 000
Total Equity	167 000	533 000	235 000	225 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 429 000	4 155 000	3 913 000	4 522 000
Expenditure	6 794 000	3 848 000	3 898 000	4 801 000
Operating Profit	−366 000	307 000	14 000	−279 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	4 000	3 000
Financial Balance	−1 000	−1 000	−4 000	−3 000
Earnings Before Tax	−366 000	306 000	10 000	−281 000
Tax	0	8 000	0	0
Net Income	−366 000	298 000	10 000	−281 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	206 000	389 000	311 000	345 000
Total Current Assets	370 000	511 000	273 000	320 000
Total Assets	576 000	900 000	584 000	664 000
Total Retained Equity	17 000	383 000	85 000	75 000
Total Equity	167 000	533 000	235 000	225 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	409 000	367 000	349 000	440 000
Total Equity and Debt	576 000	900 000	584 000	664 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 429 000	4 032 000	3 842 000	4 523 000
Other Income	0	124 000	70 000	−1 000
Revenue	6 429 000	4 155 000	3 913 000	4 522 000
Cost of Goods Sold	2 995 000	1 680 000	1 682 000	2 029 000
Salary Costs	1 817 000	1 013 000	1 165 000	1 474 000
Depreciation	30 000	14 000	18 000	18 000
Impairment	0	0	0	0
Expenditure	6 794 000	3 848 000	3 898 000	4 801 000
Operating Profit	−366 000	307 000	14 000	−279 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	4 000	3 000
Financial Balance	−1 000	−1 000	−4 000	−3 000
Dividends	0	0	0	0
Net Income	−366 000	298 000	10 000	−281 000

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	43 000	57 000	71 000	71 000
Total Tangible Assets	43 000	57 000	71 000	71 000
Total Fiancial Fixed Assets	163 000	332 000	239 000	274 000
Total Fixed Assets	206 000	389 000	311 000	345 000
Stock	89 000	46 000	42 000	72 000
Total Investments	0	0	0	0
Cash, Bank	183 000	406 000	184 000	155 000
Total Current Assets	370 000	511 000	273 000	320 000
Total Assets	576 000	900 000	584 000	664 000
Total Equity	167 000	533 000	235 000	225 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	44 000	60 000	113 000	128 000
Unpaid Taxes	95 000	89 000	82 000	135 000
Dividends	0	0	0	0
Other Current Debt	270 000	209 000	154 000	177 000
Total Current Debt	409 000	367 000	349 000	440 000
Total Equity and Debt	576 000	900 000	584 000	664 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−219,16 %	55,91 %	4,26 %	−124,89 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−5,69 %	7,39 %	0,36 %	−6,17 %
Current Ratio	0,9	1,39	0,78	0,73
Quick Ratio	1,16	1,59	0,89	0,87
Equity Ratio	0,29	0,59	0,4	0,34
Gross Profit Margin	53,41 %	59,57 %	57,02 %	55,13 %