HORTEN ØRE NESE HALS AS

3016 DRAMMEN

Finances

Share Ownership

Return on Equity

89,25 %

Current Ratio

1,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 280 000	8 173 000	7 008 000	0
Net Income	2 151 000	2 070 000	1 182 000	−23 000
Total Assets	5 210 000	5 332 000	4 254 000	30 000
Total Equity	2 410 000	1 260 000	190 000	7 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 280 000	8 173 000	7 008 000	0
Expenditure	6 471 000	5 453 000	5 431 000	23 000
Operating Profit	2 810 000	2 719 000	1 577 000	−23 000
Financial Income	9 000	0	0	0
Financial Costs	12 000	66 000	69 000	0
Financial Balance	−3 000	−66 000	−69 000	0
Earnings Before Tax	2 807 000	2 654 000	1 508 000	−23 000
Tax	656 000	584 000	326 000	0
Net Income	2 151 000	2 070 000	1 182 000	−23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	955 000	1 288 000	1 717 000	0
Total Current Assets	4 255 000	4 044 000	2 536 000	30 000
Total Assets	5 210 000	5 332 000	4 254 000	30 000
Total Retained Equity	2 380 000	1 230 000	160 000	−23 000
Total Equity	2 410 000	1 260 000	190 000	7 000
Total Long-Term Debt	0	1 807 000	1 986 000	0
Total Current Debt	2 800 000	2 265 000	2 078 000	23 000
Total Equity and Debt	5 210 000	5 332 000	4 254 000	30 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 280 000	8 161 000	7 008 000	0
Other Income	0	12 000	0	0
Revenue	9 280 000	8 173 000	7 008 000	0
Cost of Goods Sold	17 000	11 000	17 000	0
Salary Costs	4 661 000	4 011 000	3 867 000	0
Depreciation	449 000	429 000	429 000	0
Impairment	0	0	0	0
Expenditure	6 471 000	5 453 000	5 431 000	23 000
Operating Profit	2 810 000	2 719 000	1 577 000	−23 000
Financial Income	9 000	0	0	0
Financial Costs	12 000	66 000	69 000	0
Financial Balance	−3 000	−66 000	−69 000	0
Dividends	1 000 000	1 000 000	1 000 000	0
Net Income	2 151 000	2 070 000	1 182 000	−23 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	859 000	1 288 000	1 717 000	0
Total Intangible Assets	859 000	1 288 000	1 717 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	96 000	0	0	0
Total Tangible Assets	96 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	955 000	1 288 000	1 717 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 165 000	3 994 000	2 536 000	30 000
Total Current Assets	4 255 000	4 044 000	2 536 000	30 000
Total Assets	5 210 000	5 332 000	4 254 000	30 000
Total Equity	2 410 000	1 260 000	190 000	7 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 807 000	1 986 000	0
Creditors	56 000	0	21 000	23 000
Unpaid Taxes	461 000	324 000	358 000	0
Dividends	1 000 000	1 000 000	1 000 000	0
Other Current Debt	626 000	357 000	374 000	0
Total Current Debt	2 800 000	2 265 000	2 078 000	23 000
Total Equity and Debt	5 210 000	5 332 000	4 254 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	89,25 %	164,29 %	622,11 %	−328,57 %
Debt-to-Equity Ratio	0	1,43	10,45	0
Operating Profit Margin	30,28 %	33,27 %	22,5 %	-
Current Ratio	1,52	1,79	1,22	1,3
Quick Ratio	1,52	1,79	1,22	1,3
Equity Ratio	0,46	0,24	0,04	0,23
Gross Profit Margin	99,82 %	99,87 %	99,76 %	-