HORJEN EIENDOM AS

4400 FLEKKEFJORD

Finances

Return on Equity

5,68 %

Current Ratio

1,75

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 026 000	1 753 000	4 953 000	2 136 000
Net Income	586 000	1 163 000	2 805 000	1 017 000
Total Assets	13 046 000	14 415 000	16 385 000	15 866 000
Total Equity	10 316 000	11 330 000	11 767 000	11 961 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 026 000	1 753 000	4 953 000	2 136 000
Expenditure	712 000	789 000	1 490 000	1 199 000
Operating Profit	314 000	964 000	3 463 000	937 000
Financial Income	357 000	424 000	123 000	306 000
Financial Costs	3 000	0	2 000	1 000
Financial Balance	354 000	424 000	121 000	305 000
Earnings Before Tax	667 000	1 388 000	3 584 000	1 242 000
Tax	81 000	224 000	779 000	225 000
Net Income	586 000	1 163 000	2 805 000	1 017 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 444 000	7 343 000	7 461 000	9 620 000
Total Current Assets	3 602 000	7 072 000	8 924 000	6 247 000
Total Assets	13 046 000	14 415 000	16 385 000	15 866 000
Total Retained Equity	10 116 000	11 130 000	11 567 000	11 761 000
Total Equity	10 316 000	11 330 000	11 767 000	11 961 000
Total Long-Term Debt	667 000	847 000	874 000	241 000
Total Current Debt	2 063 000	2 238 000	3 744 000	3 664 000
Total Equity and Debt	13 046 000	14 415 000	16 385 000	15 866 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 026 000	868 000	1 052 000	1 429 000
Other Income	0	885 000	3 901 000	707 000
Revenue	1 026 000	1 753 000	4 953 000	2 136 000
Cost of Goods Sold	0	0	0	0
Salary Costs	221 000	162 000	204 000	172 000
Depreciation	160 000	160 000	160 000	210 000
Impairment	0	0	0	0
Expenditure	712 000	789 000	1 490 000	1 199 000
Operating Profit	314 000	964 000	3 463 000	937 000
Financial Income	357 000	424 000	123 000	306 000
Financial Costs	3 000	0	2 000	1 000
Financial Balance	354 000	424 000	121 000	305 000
Dividends	1 600 000	1 600 000	3 000 000	3 000 000
Net Income	586 000	1 163 000	2 805 000	1 017 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 389 000	4 288 000	4 406 000	6 565 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 389 000	4 288 000	4 406 000	6 565 000
Total Fiancial Fixed Assets	3 055 000	3 055 000	3 055 000	3 055 000
Total Fixed Assets	9 444 000	7 343 000	7 461 000	9 620 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 596 000	7 065 000	8 744 000	6 244 000
Total Current Assets	3 602 000	7 072 000	8 924 000	6 247 000
Total Assets	13 046 000	14 415 000	16 385 000	15 866 000
Total Equity	10 316 000	11 330 000	11 767 000	11 961 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	667 000	847 000	874 000	241 000
Creditors	16 000	235 000	453 000	67 000
Unpaid Taxes	35 000	0	17 000	1 000
Dividends	1 600 000	1 600 000	3 000 000	3 000 000
Other Current Debt	151 000	152 000	128 000	123 000
Total Current Debt	2 063 000	2 238 000	3 744 000	3 664 000
Total Equity and Debt	13 046 000	14 415 000	16 385 000	15 866 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,68 %	10,26 %	23,84 %	8,5 %
Debt-to-Equity Ratio	0,06	0,07	0,07	0,02
Operating Profit Margin	30,6 %	54,99 %	69,92 %	43,87 %
Current Ratio	1,75	3,16	2,38	1,7
Quick Ratio	1,75	3,16	2,38	1,7
Equity Ratio	0,79	0,79	0,72	0,75
Gross Profit Margin	100 %	100 %	100 %	100 %