HORNI BAKETEKNIKK AS

1353 BÆRUMS VERK

Finances

Share Ownership

Return on Equity

19,35 %

Current Ratio

1,62

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	46 335 000	44 802 000	41 408 000	39 711 000
Net Income	2 267 000	4 363 000	2 594 000	3 313 000
Total Assets	27 678 000	21 471 000	18 098 000	19 139 000
Total Equity	11 717 000	11 601 000	10 238 000	10 144 000

Income (NOK)	2022	2021	2020	2019
Revenue	46 335 000	44 802 000	41 408 000	39 711 000
Expenditure	43 275 000	39 186 000	37 970 000	35 397 000
Operating Profit	3 061 000	5 616 000	3 439 000	4 314 000
Financial Income	209 000	209 000	317 000	143 000
Financial Costs	349 000	219 000	429 000	199 000
Financial Balance	−140 000	−10 000	−112 000	−56 000
Earnings Before Tax	2 920 000	5 606 000	3 327 000	4 259 000
Tax	653 000	1 243 000	732 000	946 000
Net Income	2 267 000	4 363 000	2 594 000	3 313 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 885 000	2 885 000	2 417 000	2 078 000
Total Current Assets	24 792 000	18 586 000	15 682 000	17 061 000
Total Assets	27 678 000	21 471 000	18 098 000	19 139 000
Total Retained Equity	9 217 000	9 101 000	7 738 000	7 644 000
Total Equity	11 717 000	11 601 000	10 238 000	10 144 000
Total Long-Term Debt	625 000	1 070 000	861 000	183 000
Total Current Debt	15 336 000	8 800 000	6 999 000	8 812 000
Total Equity and Debt	27 678 000	21 471 000	18 098 000	19 139 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	46 198 000	44 308 000	41 159 000	39 672 000
Other Income	137 000	494 000	249 000	39 000
Revenue	46 335 000	44 802 000	41 408 000	39 711 000
Cost of Goods Sold	28 587 000	26 512 000	25 932 000	23 739 000
Salary Costs	8 628 000	7 169 000	6 612 000	6 272 000
Depreciation	953 000	770 000	816 000	841 000
Impairment	0	0	0	0
Expenditure	43 275 000	39 186 000	37 970 000	35 397 000
Operating Profit	3 061 000	5 616 000	3 439 000	4 314 000
Financial Income	209 000	209 000	317 000	143 000
Financial Costs	349 000	219 000	429 000	199 000
Financial Balance	−140 000	−10 000	−112 000	−56 000
Dividends	2 150 000	3 000 000	2 500 000	0
Net Income	2 267 000	4 363 000	2 594 000	3 313 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	34 000	92 000	76 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 775 000	2 782 000	2 304 000	1 961 000
Total Tangible Assets	2 775 000	2 782 000	2 304 000	1 961 000
Total Fiancial Fixed Assets	108 000	68 000	21 000	41 000
Total Fixed Assets	2 885 000	2 885 000	2 417 000	2 078 000
Stock	9 416 000	6 651 000	5 533 000	5 053 000
Total Investments	0	0	0	0
Cash, Bank	5 749 000	6 328 000	7 548 000	7 854 000
Total Current Assets	24 792 000	18 586 000	15 682 000	17 061 000
Total Assets	27 678 000	21 471 000	18 098 000	19 139 000
Total Equity	11 717 000	11 601 000	10 238 000	10 144 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	625 000	1 070 000	861 000	183 000
Creditors	3 169 000	3 977 000	2 697 000	4 381 000
Unpaid Taxes	3 154 000	2 940 000	1 966 000	2 800 000
Dividends	2 150 000	3 000 000	2 500 000	0
Other Current Debt	6 178 000	723 000	637 000	630 000
Total Current Debt	15 336 000	8 800 000	6 999 000	8 812 000
Total Equity and Debt	27 678 000	21 471 000	18 098 000	19 139 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,35 %	37,61 %	25,34 %	32,66 %
Debt-to-Equity Ratio	0,05	0,09	0,08	0,02
Operating Profit Margin	6,61 %	12,54 %	8,31 %	10,86 %
Current Ratio	1,62	2,11	2,24	1,94
Quick Ratio	4,19	8,65	10,7	4,54
Equity Ratio	0,42	0,54	0,57	0,53
Gross Profit Margin	38,3 %	40,82 %	37,37 %	40,22 %