THB EQUESTRIAN LTD

5268 HAUKELAND

Finances

Share Ownership

Return on Equity

6,11 %

Current Ratio

1,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 030 000	755 000	699 000	482 000
Net Income	14 000	34 000	207 000	−138 000
Total Assets	428 000	350 000	196 000	75 000
Total Equity	229 000	215 000	180 000	−26 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 030 000	755 000	699 000	482 000
Expenditure	1 013 000	691 000	488 000	619 000
Operating Profit	17 000	63 000	210 000	−137 000
Financial Income	0	0	0	0
Financial Costs	5 000	0	2 000	1 000
Financial Balance	−5 000	0	−2 000	−1 000
Earnings Before Tax	12 000	63 000	208 000	−138 000
Tax	−3 000	29 000	1 000	0
Net Income	14 000	34 000	207 000	−138 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	70 000	99 000	34 000	14 000
Total Current Assets	358 000	251 000	163 000	61 000
Total Assets	428 000	350 000	196 000	75 000
Total Retained Equity	229 000	215 000	180 000	−26 000
Total Equity	229 000	215 000	180 000	−26 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	199 000	135 000	16 000	102 000
Total Equity and Debt	428 000	350 000	196 000	75 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 030 000	740 000	697 000	482 000
Other Income	0	15 000	1 000	1 000
Revenue	1 030 000	755 000	699 000	482 000
Cost of Goods Sold	229 000	216 000	101 000	177 000
Salary Costs	431 000	266 000	141 000	212 000
Depreciation	29 000	23 000	14 000	22 000
Impairment	0	0	0	0
Expenditure	1 013 000	691 000	488 000	619 000
Operating Profit	17 000	63 000	210 000	−137 000
Financial Income	0	0	0	0
Financial Costs	5 000	0	2 000	1 000
Financial Balance	−5 000	0	−2 000	−1 000
Dividends	0	0	0	0
Net Income	14 000	34 000	207 000	−138 000

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	9 000	21 000	32 000	0
Fixtures	61 000	79 000	2 000	14 000
Total Tangible Assets	70 000	99 000	34 000	14 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	70 000	99 000	34 000	14 000
Stock	231 000	95 000	58 000	25 000
Total Investments	0	0	0	0
Cash, Bank	66 000	136 000	72 000	31 000
Total Current Assets	358 000	251 000	163 000	61 000
Total Assets	428 000	350 000	196 000	75 000
Total Equity	229 000	215 000	180 000	−26 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	111 000	72 000	2 000	35 000
Unpaid Taxes	37 000	28 000	10 000	33 000
Dividends	0	0	0	0
Other Current Debt	48 000	22 000	12 000	32 000
Total Current Debt	199 000	135 000	16 000	102 000
Total Equity and Debt	428 000	350 000	196 000	75 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,11 %	15,81 %	115 %	530,77 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	1,65 %	8,34 %	30,04 %	−28,42 %
Current Ratio	1,8	1,86	10,19	0,6
Quick Ratio	−11,19	6,28	−3,88	0,79
Equity Ratio	0,54	0,61	0,92	−0,35
Gross Profit Margin	77,77 %	71,39 %	85,55 %	63,28 %