HORSO AS

5680 TYSNES

Finances

Return on Equity

7,5 %

Current Ratio

171

Debt-to-Equity Ratio

−9,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−3 000	−451 000	137 000	91 000
Total Assets	339 000	342 000	839 000	747 000
Total Equity	−40 000	−37 000	415 000	277 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	3 000	18 000	11 000	5 000
Operating Profit	−3 000	−18 000	−11 000	−5 000
Financial Income	0	−433 000	153 000	100 000
Financial Costs	0	0	4 000	5 000
Financial Balance	0	−433 000	149 000	95 000
Earnings Before Tax	−3 000	−451 000	137 000	91 000
Tax	0	0	0	0
Net Income	−3 000	−451 000	137 000	91 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	168 000	168 000	531 000	530 000
Total Current Assets	171 000	174 000	309 000	217 000
Total Assets	339 000	342 000	839 000	747 000
Total Retained Equity	−454 000	−451 000	385 000	247 000
Total Equity	−40 000	−37 000	415 000	277 000
Total Long-Term Debt	377 000	377 000	378 000	464 000
Total Current Debt	1 000	1 000	46 000	6 000
Total Equity and Debt	339 000	342 000	839 000	747 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 000	18 000	11 000	5 000
Operating Profit	−3 000	−18 000	−11 000	−5 000
Financial Income	0	−433 000	153 000	100 000
Financial Costs	0	0	4 000	5 000
Financial Balance	0	−433 000	149 000	95 000
Dividends	0	0	0	0
Net Income	−3 000	−451 000	137 000	91 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	168 000	168 000	531 000	530 000
Total Fixed Assets	168 000	168 000	531 000	530 000
Stock	0	0	0	0
Total Investments	23 000	23 000	23 000	0
Cash, Bank	0	3 000	137 000	99 000
Total Current Assets	171 000	174 000	309 000	217 000
Total Assets	339 000	342 000	839 000	747 000
Total Equity	−40 000	−37 000	415 000	277 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	377 000	377 000	378 000	464 000
Creditors	0	0	41 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	1 000	5 000	6 000
Total Current Debt	1 000	1 000	46 000	6 000
Total Equity and Debt	339 000	342 000	839 000	747 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,5 %	1 218,92 %	33,01 %	32,85 %
Debt-to-Equity Ratio	−9,43	−10,19	0,91	1,68
Operating Profit Margin	-	-	-	-
Current Ratio	171	174	6,72	36,17
Quick Ratio	171	174	6,72	36,17
Equity Ratio	−0,12	−0,11	0,49	0,37
Gross Profit Margin	-	-	-	-