HORSE-VET AS

1455 NORDRE FROGN

Finances

Share Ownership

Return on Equity

96,72 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	325 000	438 000	1 760 000	663 000
Net Income	59 000	−278 000	203 000	−180 000
Total Assets	585 000	687 000	685 000	410 000
Total Equity	61 000	2 000	280 000	77 000

Income (NOK)	2022	2021	2020	2019
Revenue	325 000	438 000	1 760 000	663 000
Expenditure	271 000	723 000	1 564 000	850 000
Operating Profit	54 000	−284 000	196 000	−187 000
Financial Income	5 000	7 000	21 000	8 000
Financial Costs	1 000	0	3 000	1 000
Financial Balance	4 000	7 000	18 000	7 000
Earnings Before Tax	59 000	−278 000	214 000	−180 000
Tax	0	0	11 000	0
Net Income	59 000	−278 000	203 000	−180 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	585 000	687 000	685 000	410 000
Total Assets	585 000	687 000	685 000	410 000
Total Retained Equity	31 000	−28 000	250 000	47 000
Total Equity	61 000	2 000	280 000	77 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	524 000	685 000	405 000	332 000
Total Equity and Debt	585 000	687 000	685 000	410 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	325 000	438 000	1 760 000	663 000
Other Income	0	0	0	0
Revenue	325 000	438 000	1 760 000	663 000
Cost of Goods Sold	121 000	640 000	1 310 000	740 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	271 000	723 000	1 564 000	850 000
Operating Profit	54 000	−284 000	196 000	−187 000
Financial Income	5 000	7 000	21 000	8 000
Financial Costs	1 000	0	3 000	1 000
Financial Balance	4 000	7 000	18 000	7 000
Dividends	0	0	0	0
Net Income	59 000	−278 000	203 000	−180 000

Balance details (NOK)	2022	2021	2020	2019
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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	418 000	501 000	499 000	78 000
Total Current Assets	585 000	687 000	685 000	410 000
Total Assets	585 000	687 000	685 000	410 000
Total Equity	61 000	2 000	280 000	77 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	11 000	19 000	2 000	74 000
Dividends	0	0	0	0
Other Current Debt	513 000	666 000	392 000	258 000
Total Current Debt	524 000	685 000	405 000	332 000
Total Equity and Debt	585 000	687 000	685 000	410 000

Financial indicators	2022	2021	2020	2019
Return on Equity	96,72 %	−13 900 %	72,5 %	−233,77 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,62 %	−64,84 %	11,14 %	−28,21 %
Current Ratio	1,12	1	1,69	1,23
Quick Ratio	1,12	1	1,69	1,23
Equity Ratio	0,1	0	0,41	0,19
Gross Profit Margin	62,77 %	−46,12 %	25,57 %	−11,61 %