HANDY MØBELSNEKKER AS

1163 OSLO

Finances

Return on Equity

−71,43 %

Current Ratio

1,35

Debt-to-Equity Ratio

4,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 327 000	3 773 000	6 381 000	3 775 000
Net Income	−190 000	−98 000	−446 000	13 000
Total Assets	2 786 000	2 677 000	3 209 000	2 261 000
Total Equity	266 000	456 000	554 000	1 000 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 327 000	3 773 000	6 381 000	3 775 000
Expenditure	5 543 000	3 875 000	6 899 000	3 774 000
Operating Profit	−216 000	−101 000	−518 000	1 000
Financial Income	3 000	3 000	3 000	3 000
Financial Costs	31 000	27 000	49 000	6 000
Financial Balance	−28 000	−24 000	−46 000	−3 000
Earnings Before Tax	−244 000	−126 000	−564 000	−3 000
Tax	−54 000	−28 000	−118 000	−16 000
Net Income	−190 000	−98 000	−446 000	13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 125 000	1 169 000	1 257 000	370 000
Total Current Assets	1 661 000	1 509 000	1 952 000	1 892 000
Total Assets	2 786 000	2 677 000	3 209 000	2 261 000
Total Retained Equity	14 000	204 000	302 000	748 000
Total Equity	266 000	456 000	554 000	1 000 000
Total Long-Term Debt	1 292 000	1 418 000	1 635 000	424 000
Total Current Debt	1 228 000	803 000	1 019 000	837 000
Total Equity and Debt	2 786 000	2 677 000	3 209 000	2 261 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 327 000	3 773 000	6 381 000	3 775 000
Other Income	0	0	0	0
Revenue	5 327 000	3 773 000	6 381 000	3 775 000
Cost of Goods Sold	2 998 000	1 561 000	4 825 000	1 420 000
Salary Costs	1 537 000	1 405 000	1 062 000	1 519 000
Depreciation	116 000	80 000	88 000	76 000
Impairment	0	0	0	0
Expenditure	5 543 000	3 875 000	6 899 000	3 774 000
Operating Profit	−216 000	−101 000	−518 000	1 000
Financial Income	3 000	3 000	3 000	3 000
Financial Costs	31 000	27 000	49 000	6 000
Financial Balance	−28 000	−24 000	−46 000	−3 000
Dividends	0	0	0	0
Net Income	−190 000	−98 000	−446 000	13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	146 000	92 000	101 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	814 000	931 000	1 010 000	224 000
Total Tangible Assets	814 000	931 000	1 010 000	224 000
Total Fiancial Fixed Assets	165 000	146 000	146 000	146 000
Total Fixed Assets	1 125 000	1 169 000	1 257 000	370 000
Stock	0	23 000	0	0
Total Investments	0	0	0	0
Cash, Bank	133 000	296 000	471 000	637 000
Total Current Assets	1 661 000	1 509 000	1 952 000	1 892 000
Total Assets	2 786 000	2 677 000	3 209 000	2 261 000
Total Equity	266 000	456 000	554 000	1 000 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 292 000	1 418 000	1 635 000	424 000
Creditors	769 000	279 000	647 000	368 000
Unpaid Taxes	174 000	261 000	128 000	226 000
Dividends	0	0	0	0
Other Current Debt	284 000	263 000	245 000	235 000
Total Current Debt	1 228 000	803 000	1 019 000	837 000
Total Equity and Debt	2 786 000	2 677 000	3 209 000	2 261 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−71,43 %	−21,49 %	−80,51 %	1,3 %
Debt-to-Equity Ratio	4,86	3,11	2,95	0,42
Operating Profit Margin	−4,05 %	−2,68 %	−8,12 %	0,03 %
Current Ratio	1,35	1,88	1,92	2,26
Quick Ratio	1,35	1,93	1,92	2,26
Equity Ratio	0,1	0,17	0,17	0,44
Gross Profit Margin	43,72 %	58,63 %	24,38 %	62,38 %