HORNINDAL EIGEDOMSUTVIKLING AS

6763 HORNINDAL

Finances

Return on Equity

12,13 %

Current Ratio

2,83

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 781 000	22 994 000	0	8 343 000
Net Income	591 000	2 141 000	−22 000	1 608 000
Total Assets	10 277 000	16 795 000	18 892 000	8 498 000
Total Equity	4 873 000	4 281 000	2 140 000	2 163 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 781 000	22 994 000	0	8 343 000
Expenditure	22 912 000	20 348 000	115 000	6 370 000
Operating Profit	869 000	2 646 000	−115 000	1 973 000
Financial Income	2 000	92 000	90 000	89 000
Financial Costs	105 000	0	3 000	0
Financial Balance	−103 000	92 000	87 000	89 000
Earnings Before Tax	765 000	2 738 000	−28 000	2 061 000
Tax	174 000	597 000	−5 000	453 000
Net Income	591 000	2 141 000	−22 000	1 608 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	50 000	3 583 000	3 414 000
Total Current Assets	10 227 000	16 745 000	15 309 000	5 084 000
Total Assets	10 277 000	16 795 000	18 892 000	8 498 000
Total Retained Equity	4 843 000	4 251 000	2 122 000	2 144 000
Total Equity	4 873 000	4 281 000	2 140 000	2 163 000
Total Long-Term Debt	1 785 000	1 919 000	0	0
Total Current Debt	3 620 000	10 594 000	16 751 000	6 335 000
Total Equity and Debt	10 277 000	16 795 000	18 892 000	8 498 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 781 000	22 994 000	0	8 343 000
Other Income	0	0	0	0
Revenue	23 781 000	22 994 000	0	8 343 000
Cost of Goods Sold	22 650 000	20 196 000	15 000	6 253 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	22 912 000	20 348 000	115 000	6 370 000
Operating Profit	869 000	2 646 000	−115 000	1 973 000
Financial Income	2 000	92 000	90 000	89 000
Financial Costs	105 000	0	3 000	0
Financial Balance	−103 000	92 000	87 000	89 000
Dividends	0	0	0	45 000
Net Income	591 000	2 141 000	−22 000	1 608 000

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	50 000	50 000	3 583 000	3 414 000
Total Fixed Assets	50 000	50 000	3 583 000	3 414 000
Stock	9 732 000	15 967 000	11 984 000	359 000
Total Investments	0	0	0	0
Cash, Bank	474 000	617 000	3 189 000	4 515 000
Total Current Assets	10 227 000	16 745 000	15 309 000	5 084 000
Total Assets	10 277 000	16 795 000	18 892 000	8 498 000
Total Equity	4 873 000	4 281 000	2 140 000	2 163 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 785 000	1 919 000	0	0
Creditors	914 000	1 691 000	2 574 000	63 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	45 000
Other Current Debt	0	28 000	5 839 000	5 819 000
Total Current Debt	3 620 000	10 594 000	16 751 000	6 335 000
Total Equity and Debt	10 277 000	16 795 000	18 892 000	8 498 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,13 %	50,01 %	−1,03 %	74,34 %
Debt-to-Equity Ratio	0,37	0,45	0	0
Operating Profit Margin	3,65 %	11,51 %	-	23,65 %
Current Ratio	2,83	1,58	0,91	0,8
Quick Ratio	−1,67	−3,12	3,21	0,85
Equity Ratio	0,47	0,25	0,11	0,25
Gross Profit Margin	4,76 %	12,17 %	-	25,05 %