HORDASMIA AS

5916 ISDALSTØ

Finances

Share Ownership

Return on Equity

28,98 %

Current Ratio

0,3

Debt-to-Equity Ratio

−0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	621 000	1 148 000	676 000	1 933 000
Net Income	−315 000	129 000	−273 000	−234 000
Total Assets	489 000	891 000	666 000	1 141 000
Total Equity	−1 087 000	−773 000	−901 000	−629 000

Income (NOK)	2022	2021	2020	2019
Revenue	621 000	1 148 000	676 000	1 933 000
Expenditure	939 000	1 020 000	947 000	2 168 000
Operating Profit	−317 000	128 000	−271 000	−234 000
Financial Income	3 000	1 000	1 000	1 000
Financial Costs	0	0	3 000	2 000
Financial Balance	3 000	1 000	−2 000	−1 000
Earnings Before Tax	−315 000	129 000	−273 000	−234 000
Tax	0	0	0	0
Net Income	−315 000	129 000	−273 000	−234 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 000	8 000	18 000	18 000
Total Current Assets	463 000	882 000	648 000	1 124 000
Total Assets	489 000	891 000	666 000	1 141 000
Total Retained Equity	−1 259 000	−944 000	−1 073 000	−800 000
Total Equity	−1 087 000	−773 000	−901 000	−629 000
Total Long-Term Debt	13 000	13 000	13 000	13 000
Total Current Debt	1 564 000	1 650 000	1 555 000	1 757 000
Total Equity and Debt	489 000	891 000	666 000	1 141 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	621 000	1 148 000	676 000	1 933 000
Other Income	0	0	0	0
Revenue	621 000	1 148 000	676 000	1 933 000
Cost of Goods Sold	54 000	15 000	54 000	774 000
Salary Costs	97 000	57 000	48 000	156 000
Depreciation	2 000	0	9 000	8 000
Impairment	0	0	0	0
Expenditure	939 000	1 020 000	947 000	2 168 000
Operating Profit	−317 000	128 000	−271 000	−234 000
Financial Income	3 000	1 000	1 000	1 000
Financial Costs	0	0	3 000	2 000
Financial Balance	3 000	1 000	−2 000	−1 000
Dividends	0	0	0	0
Net Income	−315 000	129 000	−273 000	−234 000

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	18 000	0	0	9 000
Total Tangible Assets	18 000	0	0	9 000
Total Fiancial Fixed Assets	8 000	8 000	18 000	8 000
Total Fixed Assets	27 000	8 000	18 000	18 000
Stock	0	0	0	16 000
Total Investments	0	0	0	0
Cash, Bank	325 000	315 000	277 000	376 000
Total Current Assets	463 000	882 000	648 000	1 124 000
Total Assets	489 000	891 000	666 000	1 141 000
Total Equity	−1 087 000	−773 000	−901 000	−629 000
Short-Term Group Debt	51 000	51 000	61 000	67 000
Total Long-Term Debt	13 000	13 000	13 000	13 000
Creditors	1 368 000	1 411 000	1 363 000	1 399 000
Unpaid Taxes	50 000	97 000	28 000	168 000
Dividends	0	0	0	0
Other Current Debt	96 000	92 000	102 000	124 000
Total Current Debt	1 564 000	1 650 000	1 555 000	1 757 000
Total Equity and Debt	489 000	891 000	666 000	1 141 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,98 %	−16,69 %	30,3 %	37,2 %
Debt-to-Equity Ratio	−0,01	−0,02	−0,01	−0,02
Operating Profit Margin	−51,05 %	11,15 %	−40,09 %	−12,11 %
Current Ratio	0,3	0,53	0,42	0,64
Quick Ratio	0,3	0,53	0,42	0,65
Equity Ratio	−2,22	−0,87	−1,35	−0,55
Gross Profit Margin	91,3 %	98,69 %	92,01 %	59,96 %