HORNDALEN MASKINDRIFT AS

2450 RENA

Finances

Share Ownership

Return on Equity

10,73 %

Current Ratio

1,5

Debt-to-Equity Ratio

0,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 275 000	5 623 000	5 549 000	4 732 000
Net Income	213 000	−477 000	89 000	599 000
Total Assets	4 898 000	4 162 000	4 218 000	4 104 000
Total Equity	1 986 000	1 773 000	2 250 000	2 161 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 275 000	5 623 000	5 549 000	4 732 000
Expenditure	4 994 000	6 056 000	5 419 000	3 943 000
Operating Profit	282 000	−432 000	131 000	789 000
Financial Income	12 000	15 000	11 000	11 000
Financial Costs	81 000	62 000	27 000	32 000
Financial Balance	−69 000	−47 000	−16 000	−21 000
Earnings Before Tax	213 000	−479 000	114 000	768 000
Tax	0	−2 000	25 000	169 000
Net Income	213 000	−477 000	89 000	599 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 173 000	2 706 000	2 061 000	1 638 000
Total Current Assets	2 725 000	1 456 000	2 156 000	2 466 000
Total Assets	4 898 000	4 162 000	4 218 000	4 104 000
Total Retained Equity	1 886 000	1 673 000	2 150 000	2 061 000
Total Equity	1 986 000	1 773 000	2 250 000	2 161 000
Total Long-Term Debt	1 093 000	1 324 000	660 000	377 000
Total Current Debt	1 820 000	1 066 000	1 308 000	1 567 000
Total Equity and Debt	4 898 000	4 162 000	4 218 000	4 104 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 820 000	5 298 000	5 549 000	4 663 000
Other Income	455 000	325 000	0	69 000
Revenue	5 275 000	5 623 000	5 549 000	4 732 000
Cost of Goods Sold	252 000	1 206 000	768 000	736 000
Salary Costs	1 512 000	1 251 000	1 352 000	1 020 000
Depreciation	543 000	646 000	603 000	485 000
Impairment	0	0	0	0
Expenditure	4 994 000	6 056 000	5 419 000	3 943 000
Operating Profit	282 000	−432 000	131 000	789 000
Financial Income	12 000	15 000	11 000	11 000
Financial Costs	81 000	62 000	27 000	32 000
Financial Balance	−69 000	−47 000	−16 000	−21 000
Dividends	0	0	0	0
Net Income	213 000	−477 000	89 000	599 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 100 000	1 160 000	0	0
Machinery and Plant Facilities	790 000	1 248 000	1 809 000	1 638 000
Fixtures	283 000	298 000	252 000	0
Total Tangible Assets	2 173 000	2 706 000	2 061 000	1 638 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 173 000	2 706 000	2 061 000	1 638 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	394 000	−185 000	695 000	862 000
Total Current Assets	2 725 000	1 456 000	2 156 000	2 466 000
Total Assets	4 898 000	4 162 000	4 218 000	4 104 000
Total Equity	1 986 000	1 773 000	2 250 000	2 161 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 093 000	1 324 000	660 000	377 000
Creditors	518 000	522 000	565 000	618 000
Unpaid Taxes	607 000	77 000	336 000	360 000
Dividends	0	0	0	0
Other Current Debt	695 000	466 000	365 000	405 000
Total Current Debt	1 820 000	1 066 000	1 308 000	1 567 000
Total Equity and Debt	4 898 000	4 162 000	4 218 000	4 104 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,73 %	−26,9 %	3,96 %	27,72 %
Debt-to-Equity Ratio	0,55	0,75	0,29	0,17
Operating Profit Margin	5,35 %	−7,68 %	2,36 %	16,67 %
Current Ratio	1,5	1,37	1,65	1,57
Quick Ratio	1,5	1,37	1,65	1,57
Equity Ratio	0,41	0,43	0,53	0,53
Gross Profit Margin	95,22 %	78,55 %	86,16 %	84,45 %