HORTEN SØM & SALMAKERVERKSTED AS

3186 HORTEN

Finances

Share Ownership

Return on Equity

40,61 %

Current Ratio

1,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 125 000	1 645 000	1 970 000	1 484 000
Net Income	134 000	49 000	148 000	−282 000
Total Assets	812 000	559 000	824 000	590 000
Total Equity	330 000	330 000	281 000	132 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 125 000	1 645 000	1 970 000	1 484 000
Expenditure	1 849 000	1 253 000	1 764 000	1 768 000
Operating Profit	286 000	65 000	150 000	−284 000
Financial Income	0	0	0	0
Financial Costs	118 000	16 000	2 000	3 000
Financial Balance	−118 000	−16 000	−2 000	−3 000
Earnings Before Tax	167 000	49 000	148 000	−287 000
Tax	33 000	0	0	−5 000
Net Income	134 000	49 000	148 000	−282 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 000	49 000	84 000	132 000
Total Current Assets	785 000	510 000	739 000	458 000
Total Assets	812 000	559 000	824 000	590 000
Total Retained Equity	308 000	308 000	259 000	110 000
Total Equity	330 000	330 000	281 000	132 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	482 000	229 000	543 000	458 000
Total Equity and Debt	812 000	559 000	824 000	590 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 125 000	1 496 000	1 970 000	1 452 000
Other Income	0	149 000	0	32 000
Revenue	2 125 000	1 645 000	1 970 000	1 484 000
Cost of Goods Sold	524 000	360 000	580 000	434 000
Salary Costs	752 000	462 000	850 000	972 000
Depreciation	39 000	55 000	52 000	51 000
Impairment	0	0	0	0
Expenditure	1 849 000	1 253 000	1 764 000	1 768 000
Operating Profit	286 000	65 000	150 000	−284 000
Financial Income	0	0	0	0
Financial Costs	118 000	16 000	2 000	3 000
Financial Balance	−118 000	−16 000	−2 000	−3 000
Dividends	134 000	0	0	0
Net Income	134 000	49 000	148 000	−282 000

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	5 000	27 000	63 000	110 000
Total Tangible Assets	27 000	49 000	84 000	132 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	27 000	49 000	84 000	132 000
Stock	200 000	190 000	408 000	255 000
Total Investments	0	0	0	0
Cash, Bank	469 000	156 000	77 000	20 000
Total Current Assets	785 000	510 000	739 000	458 000
Total Assets	812 000	559 000	824 000	590 000
Total Equity	330 000	330 000	281 000	132 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	58 000	36 000	50 000	100 000
Unpaid Taxes	143 000	75 000	223 000	52 000
Dividends	134 000	0	0	0
Other Current Debt	53 000	54 000	195 000	187 000
Total Current Debt	482 000	229 000	543 000	458 000
Total Equity and Debt	812 000	559 000	824 000	590 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,61 %	14,85 %	52,67 %	−213,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,46 %	3,95 %	7,61 %	−19,14 %
Current Ratio	1,63	2,23	1,36	1
Quick Ratio	2,78	13,08	5,47	2,26
Equity Ratio	0,41	0,59	0,34	0,22
Gross Profit Margin	75,34 %	78,12 %	70,56 %	70,75 %