HORTEN BIL OG BÅT ELEKTRO AS

3183 HORTEN

Finances

Share Ownership

Return on Equity

27,34 %

Current Ratio

5,21

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 773 000	4 035 000	3 565 000	4 025 000
Net Income	484 000	156 000	317 000	94 000
Total Assets	2 327 000	1 932 000	1 780 000	1 759 000
Total Equity	1 770 000	1 286 000	1 130 000	813 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 773 000	4 035 000	3 565 000	4 025 000
Expenditure	3 214 000	3 804 000	3 094 000	3 877 000
Operating Profit	557 000	231 000	471 000	147 000
Financial Income	4 000	1 000	1 000	1 000
Financial Costs	9 000	11 000	12 000	28 000
Financial Balance	−5 000	−10 000	−11 000	−27 000
Earnings Before Tax	552 000	220 000	460 000	121 000
Tax	68 000	64 000	144 000	27 000
Net Income	484 000	156 000	317 000	94 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	137 000	157 000	244 000	313 000
Total Current Assets	2 190 000	1 775 000	1 537 000	1 445 000
Total Assets	2 327 000	1 932 000	1 780 000	1 759 000
Total Retained Equity	1 740 000	1 256 000	1 100 000	783 000
Total Equity	1 770 000	1 286 000	1 130 000	813 000
Total Long-Term Debt	137 000	205 000	270 000	333 000
Total Current Debt	420 000	442 000	381 000	612 000
Total Equity and Debt	2 327 000	1 932 000	1 780 000	1 759 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 707 000	3 790 000	3 565 000	4 025 000
Other Income	66 000	246 000	0	0
Revenue	3 773 000	4 035 000	3 565 000	4 025 000
Cost of Goods Sold	1 944 000	2 230 000	1 998 000	2 877 000
Salary Costs	783 000	900 000	716 000	590 000
Depreciation	94 000	87 000	79 000	153 000
Impairment	0	0	0	0
Expenditure	3 214 000	3 804 000	3 094 000	3 877 000
Operating Profit	557 000	231 000	471 000	147 000
Financial Income	4 000	1 000	1 000	1 000
Financial Costs	9 000	11 000	12 000	28 000
Financial Balance	−5 000	−10 000	−11 000	−27 000
Dividends	0	0	0	0
Net Income	484 000	156 000	317 000	94 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	43 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	97 000	0	0	0
Fixtures	40 000	157 000	244 000	270 000
Total Tangible Assets	137 000	157 000	244 000	270 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	137 000	157 000	244 000	313 000
Stock	215 000	185 000	55 000	55 000
Total Investments	0	0	0	0
Cash, Bank	1 416 000	1 116 000	859 000	419 000
Total Current Assets	2 190 000	1 775 000	1 537 000	1 445 000
Total Assets	2 327 000	1 932 000	1 780 000	1 759 000
Total Equity	1 770 000	1 286 000	1 130 000	813 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	137 000	205 000	270 000	333 000
Creditors	117 000	66 000	53 000	448 000
Unpaid Taxes	151 000	147 000	100 000	−89 000
Dividends	0	0	0	0
Other Current Debt	83 000	164 000	128 000	213 000
Total Current Debt	420 000	442 000	381 000	612 000
Total Equity and Debt	2 327 000	1 932 000	1 780 000	1 759 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,34 %	12,13 %	28,05 %	11,56 %
Debt-to-Equity Ratio	0,08	0,16	0,24	0,41
Operating Profit Margin	14,76 %	5,72 %	13,21 %	3,65 %
Current Ratio	5,21	4,02	4,03	2,36
Quick Ratio	10,68	6,91	4,71	2,59
Equity Ratio	0,76	0,67	0,63	0,46
Gross Profit Margin	48,48 %	44,73 %	43,96 %	28,52 %