HORORIGÅRDEN AS

8300 SVOLVÆR

Finances

Return on Equity

76,56 %

Current Ratio

1,17

Debt-to-Equity Ratio

1,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	874 000	995 000	11 204 000	10 822 000
Net Income	2 120 000	3 000	1 216 000	245 000
Total Assets	9 757 000	8 038 000	9 300 000	8 167 000
Total Equity	2 769 000	946 000	1 233 000	11 000

Income (NOK)	2022	2021	2020	2019
Revenue	874 000	995 000	11 204 000	10 822 000
Expenditure	426 000	727 000	9 359 000	10 466 000
Operating Profit	447 000	268 000	1 844 000	357 000
Financial Income	2 011 000	2 000	1 000	0
Financial Costs	305 000	266 000	281 000	47 000
Financial Balance	1 706 000	−264 000	−280 000	−47 000
Earnings Before Tax	2 153 000	4 000	1 564 000	310 000
Tax	34 000	1 000	348 000	66 000
Net Income	2 120 000	3 000	1 216 000	245 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 509 000	6 721 000	6 934 000	7 040 000
Total Current Assets	3 248 000	1 317 000	2 367 000	1 126 000
Total Assets	9 757 000	8 038 000	9 300 000	8 167 000
Total Retained Equity	2 739 000	916 000	1 203 000	−13 000
Total Equity	2 769 000	946 000	1 233 000	11 000
Total Long-Term Debt	4 217 000	4 430 000	4 754 000	2 618 000
Total Current Debt	2 771 000	2 663 000	3 314 000	5 538 000
Total Equity and Debt	9 757 000	8 038 000	9 300 000	8 167 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	155 000	11 064 000	10 735 000
Other Income	874 000	840 000	139 000	87 000
Revenue	874 000	995 000	11 204 000	10 822 000
Cost of Goods Sold	0	155 000	4 351 000	3 916 000
Salary Costs	0	215 000	3 458 000	4 633 000
Depreciation	212 000	212 000	205 000	32 000
Impairment	0	0	0	0
Expenditure	426 000	727 000	9 359 000	10 466 000
Operating Profit	447 000	268 000	1 844 000	357 000
Financial Income	2 011 000	2 000	1 000	0
Financial Costs	305 000	266 000	281 000	47 000
Financial Balance	1 706 000	−264 000	−280 000	−47 000
Dividends	296 000	290 000	0	251 000
Net Income	2 120 000	3 000	1 216 000	245 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 373 000	6 536 000	6 699 000	6 862 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	106 000	156 000	205 000	179 000
Total Tangible Assets	6 479 000	6 691 000	6 904 000	7 040 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	0
Total Fixed Assets	6 509 000	6 721 000	6 934 000	7 040 000
Stock	0	0	155 000	132 000
Total Investments	0	0	0	0
Cash, Bank	2 179 000	962 000	1 812 000	378 000
Total Current Assets	3 248 000	1 317 000	2 367 000	1 126 000
Total Assets	9 757 000	8 038 000	9 300 000	8 167 000
Total Equity	2 769 000	946 000	1 233 000	11 000
Short-Term Group Debt	913 000	290 000	0	0
Total Long-Term Debt	4 217 000	4 430 000	4 754 000	2 618 000
Creditors	4 000	1 000	468 000	247 000
Unpaid Taxes	33 000	30 000	275 000	540 000
Dividends	296 000	290 000	0	251 000
Other Current Debt	1 809 000	2 343 000	2 243 000	4 746 000
Total Current Debt	2 771 000	2 663 000	3 314 000	5 538 000
Total Equity and Debt	9 757 000	8 038 000	9 300 000	8 167 000

Financial indicators	2022	2021	2020	2019
Return on Equity	76,56 %	0,32 %	98,62 %	2 227,27 %
Debt-to-Equity Ratio	1,52	4,68	3,86	238
Operating Profit Margin	51,14 %	26,93 %	16,46 %	3,3 %
Current Ratio	1,17	0,49	0,71	0,2
Quick Ratio	1,17	0,49	0,75	0,21
Equity Ratio	0,28	0,12	0,13	0
Gross Profit Margin	100 %	84,42 %	61,17 %	63,81 %