HORDALAKS AS

5392 STOREBØ

Finances

Share Ownership

Return on Equity

9,51 %

Current Ratio

2,01

Debt-to-Equity Ratio

4,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	121 035 000	90 341 000	0	12 000
Net Income	7 920 000	295 000	−7 754 000	−5 421 000
Total Assets	489 048 000	532 743 000	150 431 000	125 792 000
Total Equity	83 320 000	75 400 000	75 105 000	82 859 000

Income (NOK)	2022	2021	2020	2019
Revenue	121 035 000	90 341 000	0	12 000
Expenditure	99 106 000	77 936 000	3 422 000	637 000
Operating Profit	21 929 000	12 405 000	−3 422 000	−625 000
Financial Income	15 000	4 000	0	2 000
Financial Costs	14 230 000	12 292 000	4 351 000	4 837 000
Financial Balance	−14 215 000	−12 288 000	−4 351 000	−4 835 000
Earnings Before Tax	7 714 000	116 000	−7 773 000	−5 460 000
Tax	−206 000	−179 000	−19 000	−38 000
Net Income	7 920 000	295 000	−7 754 000	−5 421 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	462 243 000	491 273 000	146 474 000	124 300 000
Total Current Assets	26 804 000	41 469 000	3 957 000	1 492 000
Total Assets	489 048 000	532 743 000	150 431 000	125 792 000
Total Retained Equity	−6 977 000	−14 897 000	−15 192 000	−7 438 000
Total Equity	83 320 000	75 400 000	75 105 000	82 859 000
Total Long-Term Debt	392 410 000	438 594 000	55 285 000	41 180 000
Total Current Debt	13 318 000	18 748 000	20 041 000	1 752 000
Total Equity and Debt	489 048 000	532 743 000	150 431 000	125 792 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	121 035 000	90 341 000	0	12 000
Other Income	0	0	0	0
Revenue	121 035 000	90 341 000	0	12 000
Cost of Goods Sold	0	0	0	12 000
Salary Costs	17 745 000	15 251 000	0	0
Depreciation	29 183 000	28 843 000	0	0
Impairment	0	0	0	0
Expenditure	99 106 000	77 936 000	3 422 000	637 000
Operating Profit	21 929 000	12 405 000	−3 422 000	−625 000
Financial Income	15 000	4 000	0	2 000
Financial Costs	14 230 000	12 292 000	4 351 000	4 837 000
Financial Balance	−14 215 000	−12 288 000	−4 351 000	−4 835 000
Dividends	0	0	0	0
Net Income	7 920 000	295 000	−7 754 000	−5 421 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	447 000	241 000	62 000	44 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	17 860 000	20 171 000	9 792 000	0
Fixtures	766 000	1 022 000	1 278 000	0
Total Tangible Assets	461 796 000	491 032 000	146 411 000	124 256 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	462 243 000	491 273 000	146 474 000	124 300 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 822 000	20 424 000	442 000	1 221 000
Total Current Assets	26 804 000	41 469 000	3 957 000	1 492 000
Total Assets	489 048 000	532 743 000	150 431 000	125 792 000
Total Equity	83 320 000	75 400 000	75 105 000	82 859 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	392 410 000	438 594 000	55 285 000	41 180 000
Creditors	6 507 000	4 270 000	9 429 000	594 000
Unpaid Taxes	3 818 000	4 391 000	0	455 000
Dividends	0	0	0	0
Other Current Debt	2 993 000	10 088 000	10 612 000	703 000
Total Current Debt	13 318 000	18 748 000	20 041 000	1 752 000
Total Equity and Debt	489 048 000	532 743 000	150 431 000	125 792 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,51 %	0,39 %	−10,32 %	−6,54 %
Debt-to-Equity Ratio	4,71	5,82	0,74	0,5
Operating Profit Margin	18,12 %	13,73 %	-	−5 208,33 %
Current Ratio	2,01	2,21	0,2	0,85
Quick Ratio	2,01	2,21	0,2	0,85
Equity Ratio	0,17	0,14	0,5	0,66
Gross Profit Margin	100 %	100 %	-	0 %