HORISONT FRISØR AS

7560 VIKHAMMER

Finances

Share Ownership

Return on Equity

16,48 %

Current Ratio

1,45

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	956 000	1 007 000	943 000	857 000
Net Income	15 000	85 000	119 000	1 000
Total Assets	269 000	229 000	122 000	109 000
Total Equity	91 000	76 000	−9 000	−128 000

Income (NOK)	2022	2021	2020	2019
Revenue	956 000	1 007 000	943 000	857 000
Expenditure	933 000	892 000	783 000	837 000
Operating Profit	24 000	114 000	160 000	21 000
Financial Income	0	0	0	0
Financial Costs	4 000	5 000	8 000	20 000
Financial Balance	−4 000	−5 000	−8 000	−20 000
Earnings Before Tax	19 000	110 000	152 000	1 000
Tax	4 000	24 000	33 000	0
Net Income	15 000	85 000	119 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 000	20 000	35 000	73 000
Total Current Assets	252 000	209 000	87 000	36 000
Total Assets	269 000	229 000	122 000	109 000
Total Retained Equity	61 000	46 000	−39 000	−158 000
Total Equity	91 000	76 000	−9 000	−128 000
Total Long-Term Debt	4 000	2 000	0	0
Total Current Debt	174 000	152 000	131 000	237 000
Total Equity and Debt	269 000	229 000	122 000	109 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	956 000	1 007 000	922 000	857 000
Other Income	0	0	21 000	0
Revenue	956 000	1 007 000	943 000	857 000
Cost of Goods Sold	110 000	165 000	132 000	89 000
Salary Costs	625 000	516 000	432 000	543 000
Depreciation	4 000	4 000	4 000	4 000
Impairment	0	0	0	0
Expenditure	933 000	892 000	783 000	837 000
Operating Profit	24 000	114 000	160 000	21 000
Financial Income	0	0	0	0
Financial Costs	4 000	5 000	8 000	20 000
Financial Balance	−4 000	−5 000	−8 000	−20 000
Dividends	0	0	0	0
Net Income	15 000	85 000	119 000	1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	11 000	45 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 000	20 000	24 000	28 000
Total Tangible Assets	16 000	20 000	24 000	28 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 000	20 000	35 000	73 000
Stock	50 000	38 000	29 000	23 000
Total Investments	0	0	0	0
Cash, Bank	203 000	171 000	58 000	7 000
Total Current Assets	252 000	209 000	87 000	36 000
Total Assets	269 000	229 000	122 000	109 000
Total Equity	91 000	76 000	−9 000	−128 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	2 000	0	0
Creditors	32 000	17 000	14 000	12 000
Unpaid Taxes	74 000	67 000	67 000	76 000
Dividends	0	0	0	0
Other Current Debt	66 000	57 000	50 000	53 000
Total Current Debt	174 000	152 000	131 000	237 000
Total Equity and Debt	269 000	229 000	122 000	109 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,48 %	111,84 %	−1 322,22 %	−0,78 %
Debt-to-Equity Ratio	0,04	0,03	−0	−0
Operating Profit Margin	2,51 %	11,32 %	16,97 %	2,45 %
Current Ratio	1,45	1,38	0,66	0,15
Quick Ratio	2,03	1,83	0,85	0,17
Equity Ratio	0,34	0,33	−0,07	−1,17
Gross Profit Margin	88,49 %	83,61 %	86 %	89,61 %