HORISONT UTVIKLING AS

4790 LILLESAND

Finances

Return on Equity

−3,73 %

Current Ratio

2,77

Debt-to-Equity Ratio

1,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 004 000	898 000	818 000	888 000
Net Income	−293 000	133 000	148 000	131 000
Total Assets	22 065 000	19 753 000	18 250 000	16 876 000
Total Equity	7 864 000	8 157 000	3 098 000	2 950 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 004 000	898 000	818 000	888 000
Expenditure	999 000	478 000	414 000	499 000
Operating Profit	6 000	421 000	403 000	390 000
Financial Income	33 000	0	0	4 000
Financial Costs	414 000	250 000	213 000	225 000
Financial Balance	−381 000	−250 000	−213 000	−221 000
Earnings Before Tax	−376 000	171 000	190 000	169 000
Tax	−83 000	38 000	42 000	37 000
Net Income	−293 000	133 000	148 000	131 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 613 000	5 414 000	6 886 000	7 052 000
Total Current Assets	14 451 000	14 339 000	11 364 000	9 824 000
Total Assets	22 065 000	19 753 000	18 250 000	16 876 000
Total Retained Equity	1 259 000	1 552 000	1 419 000	1 271 000
Total Equity	7 864 000	8 157 000	3 098 000	2 950 000
Total Long-Term Debt	8 981 000	9 000 000	13 496 000	13 344 000
Total Current Debt	5 220 000	2 597 000	1 656 000	582 000
Total Equity and Debt	22 065 000	19 753 000	18 250 000	16 876 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 004 000	898 000	818 000	888 000
Other Income	0	0	0	0
Revenue	1 004 000	898 000	818 000	888 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	125 000	125 000	125 000	129 000
Impairment	0	0	0	0
Expenditure	999 000	478 000	414 000	499 000
Operating Profit	6 000	421 000	403 000	390 000
Financial Income	33 000	0	0	4 000
Financial Costs	414 000	250 000	213 000	225 000
Financial Balance	−381 000	−250 000	−213 000	−221 000
Dividends	0	0	0	0
Net Income	−293 000	133 000	148 000	131 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	293 000	324 000	362 000	403 000
Real Eastate	4 283 000	5 075 000	6 524 000	6 649 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 283 000	5 075 000	6 524 000	6 649 000
Total Fiancial Fixed Assets	3 037 000	15 000	0	0
Total Fixed Assets	7 613 000	5 414 000	6 886 000	7 052 000
Stock	13 004 000	13 493 000	10 608 000	8 961 000
Total Investments	0	0	0	0
Cash, Bank	423 000	23 000	671 000	755 000
Total Current Assets	14 451 000	14 339 000	11 364 000	9 824 000
Total Assets	22 065 000	19 753 000	18 250 000	16 876 000
Total Equity	7 864 000	8 157 000	3 098 000	2 950 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 981 000	9 000 000	13 496 000	13 344 000
Creditors	252 000	419 000	592 000	509 000
Unpaid Taxes	0	4 000	0	35 000
Dividends	0	0	0	0
Other Current Debt	4 968 000	2 175 000	1 064 000	38 000
Total Current Debt	5 220 000	2 597 000	1 656 000	582 000
Total Equity and Debt	22 065 000	19 753 000	18 250 000	16 876 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,73 %	1,63 %	4,78 %	4,44 %
Debt-to-Equity Ratio	1,14	1,1	4,36	4,52
Operating Profit Margin	0,6 %	46,88 %	49,27 %	43,92 %
Current Ratio	2,77	5,52	6,86	16,88
Quick Ratio	−1,86	−1,32	−1,27	−1,17
Equity Ratio	0,36	0,41	0,17	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %