HORECAS AS

1165 OSLO

Finances

Share Ownership

Return on Equity

−60,67 %

Current Ratio

1,38

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	2 254 000	420 000	445 000
Net Income	−290 000	−21 000	59 000
Total Assets	1 450 000	126 000	145 000
Total Equity	478 000	67 000	89 000

Income (NOK)	2022	2021	2020
Revenue	2 254 000	420 000	445 000
Expenditure	2 526 000	442 000	368 000
Operating Profit	−272 000	−21 000	77 000
Financial Income	0	0	0
Financial Costs	18 000	0	0
Financial Balance	−18 000	0	0
Earnings Before Tax	−290 000	−21 000	77 000
Tax	0	0	18 000
Net Income	−290 000	−21 000	59 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	105 000	0	0
Total Current Assets	1 345 000	126 000	145 000
Total Assets	1 450 000	126 000	145 000
Total Retained Equity	−252 000	37 000	59 000
Total Equity	478 000	67 000	89 000
Total Long-Term Debt	0	0	0
Total Current Debt	972 000	59 000	57 000
Total Equity and Debt	1 450 000	126 000	145 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 254 000	379 000	445 000
Other Income	0	41 000	0
Revenue	2 254 000	420 000	445 000
Cost of Goods Sold	1 328 000	197 000	227 000
Salary Costs	693 000	0	0
Depreciation	6 000	0	0
Impairment	0	0	0
Expenditure	2 526 000	442 000	368 000
Operating Profit	−272 000	−21 000	77 000
Financial Income	0	0	0
Financial Costs	18 000	0	0
Financial Balance	−18 000	0	0
Dividends	0	0	0
Net Income	−290 000	−21 000	59 000

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	0	0	0
Fixtures	105 000	0	0
Total Tangible Assets	105 000	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	105 000	0	0
Stock	1 118 000	59 000	0
Total Investments	0	0	0
Cash, Bank	41 000	55 000	137 000
Total Current Assets	1 345 000	126 000	145 000
Total Assets	1 450 000	126 000	145 000
Total Equity	478 000	67 000	89 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	596 000	2 000	0
Unpaid Taxes	132 000	21 000	39 000
Dividends	0	0	0
Other Current Debt	63 000	36 000	0
Total Current Debt	972 000	59 000	57 000
Total Equity and Debt	1 450 000	126 000	145 000

Financial indicators	2022	2021	2020
Return on Equity	−60,67 %	−31,34 %	66,29 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−12,07 %	−5 %	17,3 %
Current Ratio	1,38	2,14	2,54
Quick Ratio	−9,21	-	2,54
Equity Ratio	0,33	0,53	0,61
Gross Profit Margin	41,08 %	53,1 %	48,99 %