HORISONTAL MEDIA AS

4847 ARENDAL

Finances

Share Ownership

Return on Equity

16,67 %

Current Ratio

N/A

Debt-to-Equity Ratio

4,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	107 000	480 000	61 000	164 000
Net Income	6 000	−33 000	−1 000	−8 000
Total Assets	211 000	0	29 000	62 000
Total Equity	36 000	243 000	29 000	−63 000

Income (NOK)	2022	2021	2020	2019
Revenue	107 000	480 000	61 000	164 000
Expenditure	101 000	512 000	62 000	172 000
Operating Profit	6 000	−33 000	−1 000	−8 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	6 000	−33 000	−1 000	−8 000
Tax	0	0	0	0
Net Income	6 000	−33 000	−1 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	62 000
Total Current Assets	211 000	0	29 000	0
Total Assets	211 000	0	29 000	62 000
Total Retained Equity	0	33 000	−1 000	−93 000
Total Equity	36 000	243 000	29 000	−63 000
Total Long-Term Debt	175 000	−210 000	0	125 000
Total Current Debt	0	0	0	0
Total Equity and Debt	211 000	33 000	29 000	62 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	72 000	30 000	44 000	70 000
Other Income	35 000	450 000	17 000	94 000
Revenue	107 000	480 000	61 000	164 000
Cost of Goods Sold	0	0	0	0
Salary Costs	81 000	0	54 000	133 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	101 000	512 000	62 000	172 000
Operating Profit	6 000	−33 000	−1 000	−8 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	6 000	−33 000	−1 000	−8 000

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	62 000
Total Tangible Assets	0	0	0	62 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	62 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	211 000	0	29 000	0
Total Current Assets	211 000	0	29 000	0
Total Assets	211 000	0	29 000	62 000
Total Equity	36 000	243 000	29 000	−63 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	175 000	−210 000	0	125 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	0	0	0	0
Total Equity and Debt	211 000	33 000	29 000	62 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,67 %	−13,58 %	−3,45 %	12,7 %
Debt-to-Equity Ratio	4,86	−0,86	0	−1,98
Operating Profit Margin	5,61 %	−6,88 %	−1,64 %	−4,88 %
Current Ratio	-	-	-	-
Quick Ratio	-	-	-	-
Equity Ratio	0,17	-	1	−1,02
Gross Profit Margin	100 %	100 %	100 %	100 %