HORTON INTERNATIONAL MANAGEMENT AS

0252 OSLO

Finances

Share Ownership

Return on Equity

36,27 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 596 000	2 923 000	2 950 000	8 301 000
Net Income	70 000	11 000	103 000	25 000
Total Assets	1 034 000	1 226 000	588 000	1 413 000
Total Equity	193 000	193 000	182 000	79 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 596 000	2 923 000	2 950 000	8 301 000
Expenditure	3 500 000	2 908 000	2 812 000	8 262 000
Operating Profit	96 000	14 000	137 000	40 000
Financial Income	1 000	3 000	4 000	6 000
Financial Costs	7 000	2 000	9 000	12 000
Financial Balance	−6 000	1 000	−5 000	−6 000
Earnings Before Tax	90 000	15 000	133 000	33 000
Tax	20 000	3 000	29 000	8 000
Net Income	70 000	11 000	103 000	25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	180 000	180 000	180 000	0
Total Current Assets	854 000	1 046 000	408 000	1 413 000
Total Assets	1 034 000	1 226 000	588 000	1 413 000
Total Retained Equity	163 000	163 000	152 000	49 000
Total Equity	193 000	193 000	182 000	79 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	841 000	1 033 000	406 000	1 334 000
Total Equity and Debt	1 034 000	1 226 000	588 000	1 413 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 513 000	2 917 000	2 871 000	7 687 000
Other Income	83 000	5 000	78 000	615 000
Revenue	3 596 000	2 923 000	2 950 000	8 301 000
Cost of Goods Sold	2 870 000	2 091 000	1 830 000	7 010 000
Salary Costs	0	0	0	2 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 500 000	2 908 000	2 812 000	8 262 000
Operating Profit	96 000	14 000	137 000	40 000
Financial Income	1 000	3 000	4 000	6 000
Financial Costs	7 000	2 000	9 000	12 000
Financial Balance	−6 000	1 000	−5 000	−6 000
Dividends	0	0	0	0
Net Income	70 000	11 000	103 000	25 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	180 000	180 000	180 000	0
Total Fixed Assets	180 000	180 000	180 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	166 000	160 000	3 000	183 000
Total Current Assets	854 000	1 046 000	408 000	1 413 000
Total Assets	1 034 000	1 226 000	588 000	1 413 000
Total Equity	193 000	193 000	182 000	79 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	741 000	1 029 000	377 000	920 000
Unpaid Taxes	10 000	0	0	113 000
Dividends	0	0	0	0
Other Current Debt	90 000	0	0	293 000
Total Current Debt	841 000	1 033 000	406 000	1 334 000
Total Equity and Debt	1 034 000	1 226 000	588 000	1 413 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,27 %	5,7 %	56,59 %	31,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,67 %	0,48 %	4,64 %	0,48 %
Current Ratio	1,02	1,01	1	1,06
Quick Ratio	1,02	1,01	1	1,06
Equity Ratio	0,19	0,16	0,31	0,06
Gross Profit Margin	20,19 %	28,46 %	37,97 %	15,55 %