HORECA AKADEMIET AS

6153 ØRSTA

Finances

Share Ownership

Return on Equity

−55,75 %

Current Ratio

0,45

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	109 000	47 000	81 000	8 000
Net Income	63 000	2 000	26 000	−175 000
Total Assets	92 000	54 000	93 000	46 000
Total Equity	−113 000	−176 000	−178 000	−204 000

Income (NOK)	2022	2021	2020	2019
Revenue	109 000	47 000	81 000	8 000
Expenditure	46 000	44 000	55 000	183 000
Operating Profit	63 000	3 000	26 000	−175 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Earnings Before Tax	63 000	2 000	26 000	−175 000
Tax	0	0	0	0
Net Income	63 000	2 000	26 000	−175 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	92 000	54 000	93 000	46 000
Total Assets	92 000	54 000	93 000	46 000
Total Retained Equity	−143 000	−206 000	−208 000	−234 000
Total Equity	−113 000	−176 000	−178 000	−204 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	205 000	231 000	272 000	250 000
Total Equity and Debt	92 000	54 000	93 000	46 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	109 000	47 000	81 000	37 000
Other Income	0	0	0	−30 000
Revenue	109 000	47 000	81 000	8 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	98 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	46 000	44 000	55 000	183 000
Operating Profit	63 000	3 000	26 000	−175 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Dividends	0	0	0	0
Net Income	63 000	2 000	26 000	−175 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	84 000	11 000	41 000	32 000
Total Current Assets	92 000	54 000	93 000	46 000
Total Assets	92 000	54 000	93 000	46 000
Total Equity	−113 000	−176 000	−178 000	−204 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	26 000	11 000	12 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	205 000	205 000	261 000	239 000
Total Current Debt	205 000	231 000	272 000	250 000
Total Equity and Debt	92 000	54 000	93 000	46 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−55,75 %	−1,14 %	−14,61 %	85,78 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	57,8 %	6,38 %	32,1 %	−2 187,5 %
Current Ratio	0,45	0,23	0,34	0,18
Quick Ratio	0,45	0,23	0,34	0,18
Equity Ratio	−1,23	−3,26	−1,91	−4,43
Gross Profit Margin	100 %	100 %	100 %	100 %