HORTEMO VENTURES AS

0561 OSLO

Finances

Return on Equity

46,41 %

Current Ratio

32,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	156 000	0	0	0
Net Income	1 513 000	1 434 000	397 000	28 000
Total Assets	3 363 000	1 891 000	452 000	52 000
Total Equity	3 260 000	1 748 000	449 000	52 000

Income (NOK)	2022	2021	2020	2019
Revenue	156 000	0	0	0
Expenditure	185 000	3 000	0	0
Operating Profit	−29 000	−3 000	0	0
Financial Income	1 560 000	1 444 000	400 000	28 000
Financial Costs	0	0	0	0
Financial Balance	1 560 000	1 444 000	400 000	28 000
Earnings Before Tax	1 531 000	1 441 000	400 000	28 000
Tax	18 000	8 000	3 000	0
Net Income	1 513 000	1 434 000	397 000	28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000	12 000	12 000	12 000
Total Current Assets	3 351 000	1 879 000	440 000	40 000
Total Assets	3 363 000	1 891 000	452 000	52 000
Total Retained Equity	3 230 000	1 718 000	419 000	22 000
Total Equity	3 260 000	1 748 000	449 000	52 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	102 000	144 000	3 000	0
Total Equity and Debt	3 363 000	1 891 000	452 000	52 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	156 000	0	0	0
Other Income	0	0	0	0
Revenue	156 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	172 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	185 000	3 000	0	0
Operating Profit	−29 000	−3 000	0	0
Financial Income	1 560 000	1 444 000	400 000	28 000
Financial Costs	0	0	0	0
Financial Balance	1 560 000	1 444 000	400 000	28 000
Dividends	0	135 000	0	0
Net Income	1 513 000	1 434 000	397 000	28 000

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	12 000	12 000	12 000	12 000
Total Fixed Assets	12 000	12 000	12 000	12 000
Stock	0	0	0	0
Total Investments	3 200 000	1 800 000	400 000	0
Cash, Bank	151 000	79 000	40 000	40 000
Total Current Assets	3 351 000	1 879 000	440 000	40 000
Total Assets	3 363 000	1 891 000	452 000	52 000
Total Equity	3 260 000	1 748 000	449 000	52 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	68 000	0	0	0
Dividends	0	135 000	0	0
Other Current Debt	16 000	0	0	0
Total Current Debt	102 000	144 000	3 000	0
Total Equity and Debt	3 363 000	1 891 000	452 000	52 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,41 %	82,04 %	88,42 %	53,85 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−18,59 %	-	-	-
Current Ratio	32,85	13,05	146,67	-
Quick Ratio	32,85	13,05	146,67	-
Equity Ratio	0,97	0,92	0,99	1
Gross Profit Margin	100 %	-	-	-