HORIZONT I BORETTSLAG

4017 STAVANGER

Finances

Share Ownership

Return on Equity

2,65 %

Current Ratio

3,15

Debt-to-Equity Ratio

9,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 971 000	3 725 000	3 755 000	4 087 000
Net Income	189 000	1 854 000	1 643 000	1 693 000
Total Assets	74 160 000	74 968 000	74 886 000	74 950 000
Total Equity	7 131 000	6 941 000	5 087 000	3 444 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 971 000	3 725 000	3 755 000	4 087 000
Expenditure	2 612 000	1 232 000	1 210 000	1 122 000
Operating Profit	1 359 000	2 493 000	2 546 000	2 965 000
Financial Income	5 000	1 000	5 000	19 000
Financial Costs	1 187 000	652 000	920 000	1 303 000
Financial Balance	−1 182 000	−651 000	−915 000	−1 284 000
Earnings Before Tax	180 000	1 841 000	1 630 000	1 660 000
Tax	0	0	0	0
Net Income	189 000	1 854 000	1 643 000	1 693 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	73 813 000	73 828 000	73 843 000	73 858 000
Total Current Assets	346 000	1 139 000	1 043 000	1 092 000
Total Assets	74 160 000	74 968 000	74 886 000	74 950 000
Total Retained Equity	6 936 000	6 746 000	4 892 000	3 249 000
Total Equity	7 131 000	6 941 000	5 087 000	3 444 000
Total Long-Term Debt	66 919 000	67 951 000	69 723 000	71 359 000
Total Current Debt	110 000	75 000	76 000	146 000
Total Equity and Debt	74 160 000	74 968 000	74 886 000	74 950 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 792 000	3 073 000	2 839 000	2 782 000
Revenue	3 971 000	3 725 000	3 755 000	4 087 000
Cost of Goods Sold	0	0	0	0
Salary Costs	86 000	63 000	61 000	57 000
Depreciation	15 000	15 000	15 000	15 000
Impairment	0	0	0	0
Expenditure	2 612 000	1 232 000	1 210 000	1 122 000
Operating Profit	1 359 000	2 493 000	2 546 000	2 965 000
Financial Income	5 000	1 000	5 000	19 000
Financial Costs	1 187 000	652 000	920 000	1 303 000
Financial Balance	−1 182 000	−651 000	−915 000	−1 284 000
Dividends	0	0	0	0
Net Income	189 000	1 854 000	1 643 000	1 693 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	73 724 000	73 724 000	73 724 000	73 724 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	89 000	104 000	119 000	134 000
Total Tangible Assets	73 813 000	73 828 000	73 843 000	73 858 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	73 813 000	73 828 000	73 843 000	73 858 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	104 000	1 018 000	964 000	836 000
Total Current Assets	346 000	1 139 000	1 043 000	1 092 000
Total Assets	74 160 000	74 968 000	74 886 000	74 950 000
Total Equity	7 131 000	6 941 000	5 087 000	3 444 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	66 919 000	67 951 000	69 723 000	71 359 000
Creditors	75 000	43 000	25 000	26 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	35 000	32 000	51 000	120 000
Total Current Debt	110 000	75 000	76 000	146 000
Total Equity and Debt	74 160 000	74 968 000	74 886 000	74 950 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,65 %	26,71 %	32,3 %	49,16 %
Debt-to-Equity Ratio	9,38	9,79	13,71	20,72
Operating Profit Margin	34,22 %	66,93 %	67,8 %	72,55 %
Current Ratio	3,15	15,19	13,72	7,48
Quick Ratio	3,15	15,19	13,72	7,48
Equity Ratio	0,1	0,09	0,07	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %