HORTI AS

1640 RÅDE

Finances

Share Ownership

Return on Equity

−3,36 %

Current Ratio

15,42

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	361 000	822 000	4 161 000	17 464 000
Net Income	−22 000	221 000	−344 000	−85 000
Total Assets	740 000	820 000	741 000	2 979 000
Total Equity	654 000	676 000	368 000	712 000

Income (NOK)	2022	2021	2020	2019
Revenue	361 000	822 000	4 161 000	17 464 000
Expenditure	382 000	610 000	4 464 000	17 461 000
Operating Profit	−20 000	212 000	−303 000	2 000
Financial Income	0	2 000	28 000	33 000
Financial Costs	1 000	19 000	56 000	144 000
Financial Balance	−1 000	−17 000	−28 000	−111 000
Earnings Before Tax	−22 000	194 000	−332 000	−109 000
Tax	0	−27 000	12 000	−24 000
Net Income	−22 000	221 000	−344 000	−85 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	10 000
Total Current Assets	740 000	820 000	741 000	2 969 000
Total Assets	740 000	820 000	741 000	2 979 000
Total Retained Equity	−2 480 000	−2 458 000	−2 679 000	−2 335 000
Total Equity	654 000	676 000	368 000	712 000
Total Long-Term Debt	38 000	38 000	149 000	149 000
Total Current Debt	48 000	106 000	224 000	2 118 000
Total Equity and Debt	740 000	820 000	741 000	2 979 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	361 000	822 000	4 161 000	17 453 000
Other Income	0	0	0	12 000
Revenue	361 000	822 000	4 161 000	17 464 000
Cost of Goods Sold	329 000	755 000	3 754 000	15 411 000
Salary Costs	0	0	58 000	666 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	382 000	610 000	4 464 000	17 461 000
Operating Profit	−20 000	212 000	−303 000	2 000
Financial Income	0	2 000	28 000	33 000
Financial Costs	1 000	19 000	56 000	144 000
Financial Balance	−1 000	−17 000	−28 000	−111 000
Dividends	0	0	0	0
Net Income	−22 000	221 000	−344 000	−85 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	10 000
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	0	0	0	0
Total Fixed Assets	0	0	0	10 000
Stock	0	0	0	411 000
Total Investments	0	0	0	0
Cash, Bank	252 000	712 000	106 000	466 000
Total Current Assets	740 000	820 000	741 000	2 969 000
Total Assets	740 000	820 000	741 000	2 979 000
Total Equity	654 000	676 000	368 000	712 000
Short-Term Group Debt	0	71 000	71 000	912 000
Total Long-Term Debt	38 000	38 000	149 000	149 000
Creditors	16 000	19 000	42 000	352 000
Unpaid Taxes	32 000	16 000	111 000	732 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	121 000
Total Current Debt	48 000	106 000	224 000	2 118 000
Total Equity and Debt	740 000	820 000	741 000	2 979 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,36 %	32,69 %	−93,48 %	−11,94 %
Debt-to-Equity Ratio	0,06	0,06	0,4	0,21
Operating Profit Margin	−5,54 %	25,79 %	−7,28 %	0,01 %
Current Ratio	15,42	7,74	3,31	1,4
Quick Ratio	15,42	7,74	3,31	1,74
Equity Ratio	0,88	0,82	0,5	0,24
Gross Profit Margin	8,86 %	8,15 %	9,78 %	11,76 %