HORTEN HÅNDV. & IND.FORENING

3181 HORTEN

Finances

Share Ownership

Return on Equity

−7,16 %

Current Ratio

88,21

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	119 000	63 000	76 000	129 000
Net Income	−154 000	−84 000	−87 000	−79 000
Total Assets	2 214 000	2 391 000	2 510 000	2 628 000
Total Equity	2 152 000	2 305 000	2 389 000	2 476 000

Income (NOK)	2022	2021	2020	2019
Revenue	119 000	63 000	76 000	129 000
Expenditure	226 000	226 000	181 000	235 000
Operating Profit	−107 000	−163 000	−106 000	−107 000
Financial Income	3 000	53 000	1 000	14 000
Financial Costs	64 000	0	0	1 000
Financial Balance	−61 000	53 000	1 000	13 000
Earnings Before Tax	−168 000	−110 000	−105 000	−94 000
Tax	−15 000	−26 000	−18 000	−15 000
Net Income	−154 000	−84 000	−87 000	−79 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	979 000	1 026 000	1 073 000	1 121 000
Total Current Assets	1 235 000	1 365 000	1 436 000	1 507 000
Total Assets	2 214 000	2 391 000	2 510 000	2 628 000
Total Retained Equity	2 152 000	2 305 000	2 389 000	2 476 000
Total Equity	2 152 000	2 305 000	2 389 000	2 476 000
Total Long-Term Debt	48 000	71 000	101 000	129 000
Total Current Debt	14 000	15 000	19 000	23 000
Total Equity and Debt	2 214 000	2 391 000	2 510 000	2 628 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	101 000	4 000	5 000	8 000
Other Income	19 000	59 000	71 000	121 000
Revenue	119 000	63 000	76 000	129 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	6 000	5 000	17 000
Depreciation	47 000	47 000	47 000	47 000
Impairment	0	0	0	0
Expenditure	226 000	226 000	181 000	235 000
Operating Profit	−107 000	−163 000	−106 000	−107 000
Financial Income	3 000	53 000	1 000	14 000
Financial Costs	64 000	0	0	1 000
Financial Balance	−61 000	53 000	1 000	13 000
Dividends	0	0	0	0
Net Income	−154 000	−84 000	−87 000	−79 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	979 000	1 026 000	1 073 000	1 121 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	979 000	1 026 000	1 073 000	1 121 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	979 000	1 026 000	1 073 000	1 121 000
Stock	0	0	0	0
Total Investments	966 000	1 029 000	0	0
Cash, Bank	230 000	324 000	1 415 000	1 477 000
Total Current Assets	1 235 000	1 365 000	1 436 000	1 507 000
Total Assets	2 214 000	2 391 000	2 510 000	2 628 000
Total Equity	2 152 000	2 305 000	2 389 000	2 476 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	48 000	71 000	101 000	129 000
Creditors	5 000	8 000	8 000	0
Unpaid Taxes	1 000	2 000	2 000	5 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	14 000	15 000	19 000	23 000
Total Equity and Debt	2 214 000	2 391 000	2 510 000	2 628 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,16 %	−3,64 %	−3,64 %	−3,19 %
Debt-to-Equity Ratio	0,02	0,03	0,04	0,05
Operating Profit Margin	−89,92 %	−258,73 %	−139,47 %	−82,95 %
Current Ratio	88,21	91	75,58	65,52
Quick Ratio	88,21	91	75,58	65,52
Equity Ratio	0,97	0,96	0,95	0,94
Gross Profit Margin	100 %	100 %	100 %	100 %