HAPPY TIME PIZZERIA AS

4876 GRIMSTAD

Finances

Return on Equity

31,54 %

Current Ratio

0,58

Debt-to-Equity Ratio

2,23

Key figures (NOK)	2019	2018	2017	2016
Revenue	855 000	6 097 000	4 824 000	4 994 000
Net Income	1 046 000	1 025 000	1 139 000	1 459 000
Total Assets	14 150 000	14 041 000	5 564 000	5 984 000
Total Equity	3 316 000	3 270 000	2 245 000	2 105 000

Income (NOK)	2019	2018	2017	2016
Revenue	855 000	6 097 000	4 824 000	4 994 000
Expenditure	1 227 000	5 545 000	4 209 000	3 717 000
Operating Profit	−372 000	553 000	616 000	1 277 000
Financial Income	1 403 000	612 000	726 000	562 000
Financial Costs	5 000	8 000	60 000	71 000
Financial Balance	1 398 000	604 000	666 000	491 000
Earnings Before Tax	1 026 000	1 157 000	1 281 000	1 768 000
Tax	−20 000	132 000	142 000	309 000
Net Income	1 046 000	1 025 000	1 139 000	1 459 000

Balance (NOK)	2019	2018	2017	2016
Total Fixed Assets	12 148 000	12 455 000	2 839 000	2 910 000
Total Current Assets	2 001 000	1 586 000	2 725 000	3 074 000
Total Assets	14 150 000	14 041 000	5 564 000	5 984 000
Total Retained Equity	3 286 000	3 240 000	2 215 000	2 075 000
Total Equity	3 316 000	3 270 000	2 245 000	2 105 000
Total Long-Term Debt	7 410 000	7 879 000	1 351 000	1 449 000
Total Current Debt	3 423 000	2 892 000	1 969 000	2 429 000
Total Equity and Debt	14 150 000	14 041 000	5 564 000	5 984 000

Cash flow (NOK)	2019	2018	2017	2016
Sales Income	854 000	6 012 000	4 804 000	4 942 000
Other Income	1 000	85 000	20 000	53 000
Revenue	855 000	6 097 000	4 824 000	4 994 000
Cost of Goods Sold	279 000	1 980 000	1 596 000	1 486 000
Salary Costs	183 000	2 085 000	1 739 000	1 406 000
Depreciation	86 000	56 000	82 000	80 000
Impairment	0	0	0	0
Expenditure	1 227 000	5 545 000	4 209 000	3 717 000
Operating Profit	−372 000	553 000	616 000	1 277 000
Financial Income	1 403 000	612 000	726 000	562 000
Financial Costs	5 000	8 000	60 000	71 000
Financial Balance	1 398 000	604 000	666 000	491 000
Dividends	1 000 000	0	1 000 000	1 300 000
Net Income	1 046 000	1 025 000	1 139 000	1 459 000

Balance details (NOK)	2019	2018	2017	2016
Goodwill	0	0	0	10 000
Total Intangible Assets	4 000	0	0	10 000
Real Eastate	0	0	1 539 000	1 539 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	157 000	301 000	356 000	428 000
Total Tangible Assets	157 000	301 000	1 895 000	1 967 000
Total Fiancial Fixed Assets	11 987 000	12 154 000	944 000	933 000
Total Fixed Assets	12 148 000	12 455 000	2 839 000	2 910 000
Stock	0	45 000	64 000	49 000
Total Investments	0	0	0	0
Cash, Bank	37 000	582 000	893 000	996 000
Total Current Assets	2 001 000	1 586 000	2 725 000	3 074 000
Total Assets	14 150 000	14 041 000	5 564 000	5 984 000
Total Equity	3 316 000	3 270 000	2 245 000	2 105 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 410 000	7 879 000	1 351 000	1 449 000
Creditors	146 000	54 000	117 000	128 000
Unpaid Taxes	35 000	205 000	145 000	134 000
Dividends	1 000 000	0	1 000 000	1 300 000
Other Current Debt	2 242 000	2 503 000	565 000	609 000
Total Current Debt	3 423 000	2 892 000	1 969 000	2 429 000
Total Equity and Debt	14 150 000	14 041 000	5 564 000	5 984 000

Financial indicators	2019	2018	2017	2016
Return on Equity	31,54 %	31,35 %	50,73 %	69,31 %
Debt-to-Equity Ratio	2,23	2,41	0,6	0,69
Operating Profit Margin	−43,51 %	9,07 %	12,77 %	25,57 %
Current Ratio	0,58	0,55	1,38	1,27
Quick Ratio	0,58	0,56	1,43	1,29
Equity Ratio	0,23	0,23	0,4	0,35
Gross Profit Margin	67,37 %	67,53 %	66,92 %	70,24 %