HAPPY TIME ARENDAL AS

4836 ARENDAL

Finances

Share Ownership

Return on Equity

87,05 %

Current Ratio

1,39

Debt-to-Equity Ratio

0,72

Key figures (NOK)	2019	2018	2017	2016
Revenue	6 981 000	6 663 000	6 720 000	6 702 000
Net Income	383 000	368 000	783 000	1 162 000
Total Assets	1 908 000	1 994 000	2 615 000	3 167 000
Total Equity	440 000	267 000	200 000	317 000

Income (NOK)	2019	2018	2017	2016
Revenue	6 981 000	6 663 000	6 720 000	6 702 000
Expenditure	6 454 000	6 171 000	5 674 000	5 138 000
Operating Profit	528 000	492 000	1 047 000	1 564 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	15 000	16 000	19 000	16 000
Financial Balance	−14 000	−15 000	−18 000	−15 000
Earnings Before Tax	513 000	477 000	1 030 000	1 548 000
Tax	130 000	109 000	246 000	387 000
Net Income	383 000	368 000	783 000	1 162 000

Balance (NOK)	2019	2018	2017	2016
Total Fixed Assets	303 000	394 000	526 000	682 000
Total Current Assets	1 606 000	1 600 000	2 089 000	2 485 000
Total Assets	1 908 000	1 994 000	2 615 000	3 167 000
Total Retained Equity	410 000	237 000	170 000	287 000
Total Equity	440 000	267 000	200 000	317 000
Total Long-Term Debt	315 000	393 000	476 000	558 000
Total Current Debt	1 153 000	1 333 000	1 939 000	2 293 000
Total Equity and Debt	1 908 000	1 994 000	2 615 000	3 167 000

Cash flow (NOK)	2019	2018	2017	2016
Sales Income	6 981 000	6 636 000	6 707 000	6 650 000
Other Income	0	27 000	14 000	52 000
Revenue	6 981 000	6 663 000	6 720 000	6 702 000
Cost of Goods Sold	2 557 000	2 500 000	2 547 000	2 623 000
Salary Costs	2 713 000	2 561 000	2 260 000	1 688 000
Depreciation	91 000	132 000	156 000	128 000
Impairment	0	0	0	0
Expenditure	6 454 000	6 171 000	5 674 000	5 138 000
Operating Profit	528 000	492 000	1 047 000	1 564 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	15 000	16 000	19 000	16 000
Financial Balance	−14 000	−15 000	−18 000	−15 000
Dividends	210 000	300 000	900 000	1 350 000
Net Income	383 000	368 000	783 000	1 162 000

Balance details (NOK)	2019	2018	2017	2016
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	303 000	394 000	526 000	682 000
Total Tangible Assets	303 000	394 000	526 000	682 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	303 000	394 000	526 000	682 000
Stock	53 000	48 000	80 000	66 000
Total Investments	0	0	0	0
Cash, Bank	613 000	559 000	1 344 000	1 145 000
Total Current Assets	1 606 000	1 600 000	2 089 000	2 485 000
Total Assets	1 908 000	1 994 000	2 615 000	3 167 000
Total Equity	440 000	267 000	200 000	317 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	315 000	393 000	476 000	558 000
Creditors	44 000	104 000	168 000	175 000
Unpaid Taxes	312 000	268 000	247 000	174 000
Dividends	210 000	300 000	900 000	1 350 000
Other Current Debt	661 000	539 000	364 000	228 000
Total Current Debt	1 153 000	1 333 000	1 939 000	2 293 000
Total Equity and Debt	1 908 000	1 994 000	2 615 000	3 167 000

Financial indicators	2019	2018	2017	2016
Return on Equity	87,05 %	137,83 %	391,5 %	366,56 %
Debt-to-Equity Ratio	0,72	1,47	2,38	1,76
Operating Profit Margin	7,56 %	7,38 %	15,58 %	23,34 %
Current Ratio	1,39	1,2	1,08	1,08
Quick Ratio	1,46	1,25	1,12	1,12
Equity Ratio	0,23	0,13	0,08	0,1
Gross Profit Margin	63,37 %	62,48 %	62,1 %	60,86 %