HÅNDTVERKERN AS

3080 HOLMESTRAND

Finances

Share Ownership

Return on Equity

25,76 %

Current Ratio

0,13

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	769 000	536 000	644 000	927 000
Net Income	926 000	−820 000	54 000	34 000
Total Assets	6 008 000	6 253 000	6 678 000	6 569 000
Total Equity	3 595 000	2 669 000	3 488 000	3 434 000

Income (NOK)	2022	2021	2020	2019
Revenue	769 000	536 000	644 000	927 000
Expenditure	−199 000	1 314 000	490 000	788 000
Operating Profit	968 000	−778 000	154 000	138 000
Financial Income	0	0	0	0
Financial Costs	42 000	41 000	100 000	104 000
Financial Balance	−42 000	−41 000	−100 000	−104 000
Earnings Before Tax	926 000	−820 000	54 000	34 000
Tax	0	0	0	0
Net Income	926 000	−820 000	54 000	34 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 789 000	5 991 000	6 193 000	6 261 000
Total Current Assets	219 000	262 000	485 000	308 000
Total Assets	6 008 000	6 253 000	6 678 000	6 569 000
Total Retained Equity	−805 000	−1 731 000	−912 000	−966 000
Total Equity	3 595 000	2 669 000	3 488 000	3 434 000
Total Long-Term Debt	741 000	1 148 000	1 421 000	1 433 000
Total Current Debt	1 672 000	2 437 000	1 769 000	1 701 000
Total Equity and Debt	6 008 000	6 253 000	6 678 000	6 569 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 000	536 000	60 000	181 000
Other Income	748 000	0	584 000	746 000
Revenue	769 000	536 000	644 000	927 000
Cost of Goods Sold	69 000	1 000	3 000	80 000
Salary Costs	0	0	0	217 000
Depreciation	202 000	202 000	193 000	218 000
Impairment	0	0	0	0
Expenditure	−199 000	1 314 000	490 000	788 000
Operating Profit	968 000	−778 000	154 000	138 000
Financial Income	0	0	0	0
Financial Costs	42 000	41 000	100 000	104 000
Financial Balance	−42 000	−41 000	−100 000	−104 000
Dividends	0	0	0	0
Net Income	926 000	−820 000	54 000	34 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 789 000	5 991 000	6 193 000	6 261 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 789 000	5 991 000	6 193 000	6 261 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 789 000	5 991 000	6 193 000	6 261 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 000	40 000	65 000	20 000
Total Current Assets	219 000	262 000	485 000	308 000
Total Assets	6 008 000	6 253 000	6 678 000	6 569 000
Total Equity	3 595 000	2 669 000	3 488 000	3 434 000
Short-Term Group Debt	0	1 666 000	1 135 000	1 135 000
Total Long-Term Debt	741 000	1 148 000	1 421 000	1 433 000
Creditors	9 000	608 000	160 000	0
Unpaid Taxes	71 000	26 000	232 000	232 000
Dividends	0	0	0	0
Other Current Debt	1 592 000	137 000	242 000	335 000
Total Current Debt	1 672 000	2 437 000	1 769 000	1 701 000
Total Equity and Debt	6 008 000	6 253 000	6 678 000	6 569 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,76 %	−30,72 %	1,55 %	0,99 %
Debt-to-Equity Ratio	0,21	0,43	0,41	0,42
Operating Profit Margin	125,88 %	−145,15 %	23,91 %	14,89 %
Current Ratio	0,13	0,11	0,27	0,18
Quick Ratio	0,13	0,11	0,27	0,18
Equity Ratio	0,6	0,43	0,52	0,52
Gross Profit Margin	91,03 %	99,81 %	99,53 %	91,37 %