HORTEN SENTRUMSUTVIKLING AS

3181 HORTEN

Finances

Share Ownership

Return on Equity

1,35 %

Current Ratio

1,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 103 000	1 266 000	683 000
Net Income	154 000	266 000	−191 000
Total Assets	11 967 000	11 891 000	12 626 000
Total Equity	11 382 000	98 000	309 000

Income (NOK)	2022	2021	2020
Revenue	1 103 000	1 266 000	683 000
Expenditure	870 000	685 000	490 000
Operating Profit	232 000	581 000	193 000
Financial Income	0	0	0
Financial Costs	61 000	288 000	364 000
Financial Balance	−61 000	−288 000	−364 000
Earnings Before Tax	172 000	293 000	−170 000
Tax	17 000	27 000	21 000
Net Income	154 000	266 000	−191 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	11 291 000	11 692 000	12 036 000
Total Current Assets	677 000	199 000	589 000
Total Assets	11 967 000	11 891 000	12 626 000
Total Retained Equity	−562 000	−402 000	−191 000
Total Equity	11 382 000	98 000	309 000
Total Long-Term Debt	0	11 683 000	12 189 000
Total Current Debt	586 000	110 000	128 000
Total Equity and Debt	11 967 000	11 891 000	12 626 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	1 103 000	1 266 000	683 000
Revenue	1 103 000	1 266 000	683 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	452 000	452 000	264 000
Impairment	0	0	0
Expenditure	870 000	685 000	490 000
Operating Profit	232 000	581 000	193 000
Financial Income	0	0	0
Financial Costs	61 000	288 000	364 000
Financial Balance	−61 000	−288 000	−364 000
Dividends	0	0	0
Net Income	154 000	266 000	−191 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	158 000	108 000	0
Real Eastate	11 132 000	11 584 000	12 036 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	11 132 000	11 584 000	12 036 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	11 291 000	11 692 000	12 036 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	355 000	68 000	166 000
Total Current Assets	677 000	199 000	589 000
Total Assets	11 967 000	11 891 000	12 626 000
Total Equity	11 382 000	98 000	309 000
Short-Term Group Debt	402 000	0	0
Total Long-Term Debt	0	11 683 000	12 189 000
Creditors	51 000	11 000	8 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	133 000	99 000	99 000
Total Current Debt	586 000	110 000	128 000
Total Equity and Debt	11 967 000	11 891 000	12 626 000

Financial indicators	2022	2021	2020
Return on Equity	1,35 %	271,43 %	−61,81 %
Debt-to-Equity Ratio	0	119,21	39,45
Operating Profit Margin	21,03 %	45,89 %	28,26 %
Current Ratio	1,16	1,81	4,6
Quick Ratio	1,16	1,81	4,6
Equity Ratio	0,95	0,01	0,02
Gross Profit Margin	100 %	100 %	100 %