HORNSGATE 7 AS

2383 BRUMUNDDAL

Finances

Share Ownership

Return on Equity

9,61 %

Current Ratio

2,84

Debt-to-Equity Ratio

27,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 225 000	2 149 000	1 962 000	2 142 000
Net Income	95 000	692 000	−49 000	110 000
Total Assets	28 337 000	29 344 000	28 621 000	28 560 000
Total Equity	989 000	894 000	718 000	767 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 225 000	2 149 000	1 962 000	2 142 000
Expenditure	630 000	135 000	775 000	734 000
Operating Profit	1 595 000	2 015 000	1 188 000	1 408 000
Financial Income	5 000	5 000	4 000	5 000
Financial Costs	1 479 000	1 189 000	1 233 000	1 303 000
Financial Balance	−1 474 000	−1 184 000	−1 229 000	−1 298 000
Earnings Before Tax	121 000	830 000	−41 000	110 000
Tax	27 000	138 000	8 000	0
Net Income	95 000	692 000	−49 000	110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 559 000	27 561 000	27 013 000	27 224 000
Total Current Assets	777 000	1 782 000	1 608 000	1 337 000
Total Assets	28 337 000	29 344 000	28 621 000	28 560 000
Total Retained Equity	95 000	0	−176 000	−127 000
Total Equity	989 000	894 000	718 000	767 000
Total Long-Term Debt	27 075 000	27 717 000	27 640 000	27 640 000
Total Current Debt	274 000	733 000	262 000	153 000
Total Equity and Debt	28 337 000	29 344 000	28 621 000	28 560 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 981 000	1 908 000	1 747 000	1 849 000
Other Income	244 000	242 000	215 000	293 000
Revenue	2 225 000	2 149 000	1 962 000	2 142 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 000	−548 000	277 000	275 000
Impairment	0	0	0	0
Expenditure	630 000	135 000	775 000	734 000
Operating Profit	1 595 000	2 015 000	1 188 000	1 408 000
Financial Income	5 000	5 000	4 000	5 000
Financial Costs	1 479 000	1 189 000	1 233 000	1 303 000
Financial Balance	−1 474 000	−1 184 000	−1 229 000	−1 298 000
Dividends	0	517 000	0	0
Net Income	95 000	692 000	−49 000	110 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	27 545 000	27 545 000	26 995 000	27 224 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	15 000	17 000	19 000	0
Total Tangible Assets	27 559 000	27 561 000	27 013 000	27 224 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	27 559 000	27 561 000	27 013 000	27 224 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	363 000	777 000	489 000	610 000
Total Current Assets	777 000	1 782 000	1 608 000	1 337 000
Total Assets	28 337 000	29 344 000	28 621 000	28 560 000
Total Equity	989 000	894 000	718 000	767 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	27 075 000	27 717 000	27 640 000	27 640 000
Creditors	12 000	9 000	30 000	17 000
Unpaid Taxes	0	0	0	0
Dividends	0	517 000	0	0
Other Current Debt	233 000	146 000	225 000	137 000
Total Current Debt	274 000	733 000	262 000	153 000
Total Equity and Debt	28 337 000	29 344 000	28 621 000	28 560 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,61 %	77,4 %	−6,82 %	14,34 %
Debt-to-Equity Ratio	27,38	31	38,5	36,04
Operating Profit Margin	71,69 %	93,76 %	60,55 %	65,73 %
Current Ratio	2,84	2,43	6,14	8,74
Quick Ratio	2,84	2,43	6,14	8,74
Equity Ratio	0,03	0,03	0,03	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %