HØRTE GÅRD AS

3410 SYLLING

Finances

Share Ownership

Return on Equity

12,25 %

Current Ratio

1,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 172 000	23 221 000	22 575 000	17 088 000
Net Income	530 000	484 000	497 000	515 000
Total Assets	8 677 000	5 508 000	6 539 000	3 913 000
Total Equity	4 328 000	3 798 000	2 422 000	1 925 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 172 000	23 221 000	22 575 000	17 088 000
Expenditure	23 062 000	22 585 000	21 857 000	16 923 000
Operating Profit	669 000	877 000	625 000	653 000
Financial Income	19 000	15 000	22 000	18 000
Financial Costs	8 000	20 000	9 000	11 000
Financial Balance	11 000	−5 000	13 000	7 000
Earnings Before Tax	680 000	872 000	637 000	660 000
Tax	150 000	388 000	140 000	145 000
Net Income	530 000	484 000	497 000	515 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 000	0	0	0
Total Current Assets	8 649 000	5 508 000	6 539 000	3 913 000
Total Assets	8 677 000	5 508 000	6 539 000	3 913 000
Total Retained Equity	3 338 000	2 808 000	1 432 000	935 000
Total Equity	4 328 000	3 798 000	2 422 000	1 925 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 349 000	1 711 000	4 118 000	1 988 000
Total Equity and Debt	8 677 000	5 508 000	6 539 000	3 913 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 108 000	21 970 000	21 928 000	16 272 000
Other Income	1 064 000	1 250 000	647 000	816 000
Revenue	23 172 000	23 221 000	22 575 000	17 088 000
Cost of Goods Sold	7 882 000	8 357 000	9 184 000	5 633 000
Salary Costs	7 686 000	6 681 000	5 491 000	5 907 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	23 062 000	22 585 000	21 857 000	16 923 000
Operating Profit	669 000	877 000	625 000	653 000
Financial Income	19 000	15 000	22 000	18 000
Financial Costs	8 000	20 000	9 000	11 000
Financial Balance	11 000	−5 000	13 000	7 000
Dividends	0	0	0	0
Net Income	530 000	484 000	497 000	515 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	28 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	28 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 000	0	0	0
Stock	1 788 000	1 229 000	988 000	1 067 000
Total Investments	0	0	0	0
Cash, Bank	1 181 000	915 000	1 876 000	773 000
Total Current Assets	8 649 000	5 508 000	6 539 000	3 913 000
Total Assets	8 677 000	5 508 000	6 539 000	3 913 000
Total Equity	4 328 000	3 798 000	2 422 000	1 925 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 123 000	455 000	3 402 000	1 494 000
Unpaid Taxes	690 000	331 000	308 000	−3 000
Dividends	0	0	0	0
Other Current Debt	386 000	537 000	268 000	352 000
Total Current Debt	4 349 000	1 711 000	4 118 000	1 988 000
Total Equity and Debt	8 677 000	5 508 000	6 539 000	3 913 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,25 %	12,74 %	20,52 %	26,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,89 %	3,78 %	2,77 %	3,82 %
Current Ratio	1,99	3,22	1,59	1,97
Quick Ratio	3,38	11,43	2,09	4,25
Equity Ratio	0,5	0,69	0,37	0,49
Gross Profit Margin	65,98 %	64,01 %	59,32 %	67,04 %