HORNMOEN BRUK AS

2409 ELVERUM

Finances

Share Ownership

Return on Equity

15,65 %

Current Ratio

2,22

Debt-to-Equity Ratio

0,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 140 000	15 406 000	10 852 000	11 306 000
Net Income	358 000	860 000	−144 000	564 000
Total Assets	7 107 000	7 156 000	5 714 000	5 887 000
Total Equity	2 287 000	2 531 000	2 171 000	2 315 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 140 000	15 406 000	10 852 000	11 306 000
Expenditure	12 636 000	14 211 000	10 915 000	10 507 000
Operating Profit	505 000	1 195 000	−62 000	799 000
Financial Income	79 000	27 000	8 000	8 000
Financial Costs	124 000	120 000	131 000	84 000
Financial Balance	−45 000	−93 000	−123 000	−76 000
Earnings Before Tax	459 000	1 102 000	−185 000	723 000
Tax	101 000	243 000	−41 000	159 000
Net Income	358 000	860 000	−144 000	564 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 388 000	1 451 000	1 470 000	1 554 000
Total Current Assets	5 719 000	5 705 000	4 244 000	4 333 000
Total Assets	7 107 000	7 156 000	5 714 000	5 887 000
Total Retained Equity	2 087 000	2 331 000	1 971 000	2 115 000
Total Equity	2 287 000	2 531 000	2 171 000	2 315 000
Total Long-Term Debt	2 249 000	2 082 000	2 337 000	1 426 000
Total Current Debt	2 571 000	2 543 000	1 206 000	2 146 000
Total Equity and Debt	7 107 000	7 156 000	5 714 000	5 887 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 140 000	15 406 000	10 782 000	11 247 000
Other Income	0	0	70 000	59 000
Revenue	13 140 000	15 406 000	10 852 000	11 306 000
Cost of Goods Sold	8 087 000	9 739 000	6 762 000	6 690 000
Salary Costs	2 658 000	2 636 000	2 455 000	2 090 000
Depreciation	153 000	140 000	138 000	141 000
Impairment	0	0	0	0
Expenditure	12 636 000	14 211 000	10 915 000	10 507 000
Operating Profit	505 000	1 195 000	−62 000	799 000
Financial Income	79 000	27 000	8 000	8 000
Financial Costs	124 000	120 000	131 000	84 000
Financial Balance	−45 000	−93 000	−123 000	−76 000
Dividends	50 000	500 000	0	1 510 000
Net Income	358 000	860 000	−144 000	564 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	236 000	182 000	118 000	65 000
Real Eastate	1 076 000	1 208 000	1 339 000	1 471 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	75 000	62 000	13 000	19 000
Total Tangible Assets	1 152 000	1 269 000	1 352 000	1 489 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 388 000	1 451 000	1 470 000	1 554 000
Stock	1 057 000	1 948 000	3 093 000	3 155 000
Total Investments	0	0	0	0
Cash, Bank	3 253 000	1 498 000	551 000	213 000
Total Current Assets	5 719 000	5 705 000	4 244 000	4 333 000
Total Assets	7 107 000	7 156 000	5 714 000	5 887 000
Total Equity	2 287 000	2 531 000	2 171 000	2 315 000
Short-Term Group Debt	708 000	0	0	719 000
Total Long-Term Debt	2 249 000	2 082 000	2 337 000	1 426 000
Creditors	434 000	466 000	517 000	167 000
Unpaid Taxes	623 000	693 000	417 000	363 000
Dividends	50 000	500 000	0	1 510 000
Other Current Debt	756 000	578 000	260 000	232 000
Total Current Debt	2 571 000	2 543 000	1 206 000	2 146 000
Total Equity and Debt	7 107 000	7 156 000	5 714 000	5 887 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,65 %	33,98 %	−6,63 %	24,36 %
Debt-to-Equity Ratio	0,98	0,82	1,08	0,62
Operating Profit Margin	3,84 %	7,76 %	−0,57 %	7,07 %
Current Ratio	2,22	2,24	3,52	2,02
Quick Ratio	3,78	9,59	−2,25	−4,29
Equity Ratio	0,32	0,35	0,38	0,39
Gross Profit Margin	38,46 %	36,78 %	37,69 %	40,83 %