HORNET AUTO AS

3550 GOL

Finances

Return on Equity

−11,27 %

Current Ratio

3,06

Debt-to-Equity Ratio

3,58

Key figures (NOK)	2022	2021	2020
Revenue	212 000	39 191 000	28 704 000
Net Income	−450 000	1 637 000	2 780 000
Total Assets	18 381 000	18 436 000	7 549 000
Total Equity	3 992 000	4 442 000	2 805 000

Income (NOK)	2022	2021	2020
Revenue	212 000	39 191 000	28 704 000
Expenditure	252 000	37 011 000	25 126 000
Operating Profit	−40 000	2 181 000	3 578 000
Financial Income	0	61 000	0
Financial Costs	425 000	143 000	15 000
Financial Balance	−425 000	−82 000	−15 000
Earnings Before Tax	−465 000	2 099 000	3 563 000
Tax	−15 000	462 000	783 000
Net Income	−450 000	1 637 000	2 780 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	18 050 000	18 052 000	537 000
Total Current Assets	331 000	385 000	7 012 000
Total Assets	18 381 000	18 436 000	7 549 000
Total Retained Equity	3 968 000	4 418 000	2 780 000
Total Equity	3 992 000	4 442 000	2 805 000
Total Long-Term Debt	14 281 000	13 524 000	3 038 000
Total Current Debt	108 000	470 000	1 705 000
Total Equity and Debt	18 381 000	18 436 000	7 549 000

Cash flow (NOK)	2022	2021	2020
Sales Income	212 000	39 191 000	28 704 000
Other Income	0	0	0
Revenue	212 000	39 191 000	28 704 000
Cost of Goods Sold	118 000	36 590 000	24 483 000
Salary Costs	0	0	0
Depreciation	1 000	17 000	41 000
Impairment	0	0	0
Expenditure	252 000	37 011 000	25 126 000
Operating Profit	−40 000	2 181 000	3 578 000
Financial Income	0	61 000	0
Financial Costs	425 000	143 000	15 000
Financial Balance	−425 000	−82 000	−15 000
Dividends	0	0	0
Net Income	−450 000	1 637 000	2 780 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	23 000	24 000	537 000
Fixtures	0	0	0
Total Tangible Assets	23 000	24 000	537 000
Total Fiancial Fixed Assets	18 027 000	18 027 000	0
Total Fixed Assets	18 050 000	18 052 000	537 000
Stock	0	0	4 591 000
Total Investments	0	0	0
Cash, Bank	151 000	260 000	2 410 000
Total Current Assets	331 000	385 000	7 012 000
Total Assets	18 381 000	18 436 000	7 549 000
Total Equity	3 992 000	4 442 000	2 805 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	14 281 000	13 524 000	3 038 000
Creditors	83 000	1 000	135 000
Unpaid Taxes	0	0	194 000
Dividends	0	0	0
Other Current Debt	25 000	0	615 000
Total Current Debt	108 000	470 000	1 705 000
Total Equity and Debt	18 381 000	18 436 000	7 549 000

Financial indicators	2022	2021	2020
Return on Equity	−11,27 %	36,85 %	99,11 %
Debt-to-Equity Ratio	3,58	3,04	1,08
Operating Profit Margin	−18,87 %	5,57 %	12,47 %
Current Ratio	3,06	0,82	4,11
Quick Ratio	3,06	0,82	−2,43
Equity Ratio	0,22	0,24	0,37
Gross Profit Margin	44,34 %	6,64 %	14,71 %