HORGADALEN AS

5709 VOSS

Finances

Return on Equity

10,16 %

Current Ratio

0,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	0	0	0
Net Income	574 000	563 000	94 000
Total Assets	6 283 000	6 206 000	5 635 000
Total Equity	5 647 000	5 673 000	5 610 000

Income (NOK)	2022	2021	2020
Revenue	0	0	0
Expenditure	22 000	31 000	51 000
Operating Profit	−22 000	−31 000	−51 000
Financial Income	632 000	627 000	170 000
Financial Costs	0	0	0
Financial Balance	632 000	627 000	170 000
Earnings Before Tax	610 000	596 000	119 000
Tax	36 000	33 000	25 000
Net Income	574 000	563 000	94 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	5 836 000	5 476 000	5 419 000
Total Current Assets	446 000	730 000	215 000
Total Assets	6 283 000	6 206 000	5 635 000
Total Retained Equity	5 485 000	5 511 000	5 448 000
Total Equity	5 647 000	5 673 000	5 610 000
Total Long-Term Debt	0	0	0
Total Current Debt	636 000	533 000	25 000
Total Equity and Debt	6 283 000	6 206 000	5 635 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	0	0
Revenue	0	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	22 000	31 000	51 000
Operating Profit	−22 000	−31 000	−51 000
Financial Income	632 000	627 000	170 000
Financial Costs	0	0	0
Financial Balance	632 000	627 000	170 000
Dividends	600 000	500 000	0
Net Income	574 000	563 000	94 000

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	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	5 836 000	5 476 000	5 419 000
Total Fixed Assets	5 836 000	5 476 000	5 419 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	109 000	504 000	0
Total Current Assets	446 000	730 000	215 000
Total Assets	6 283 000	6 206 000	5 635 000
Total Equity	5 647 000	5 673 000	5 610 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	0	0	0
Unpaid Taxes	0	0	0
Dividends	600 000	500 000	0
Other Current Debt	0	0	0
Total Current Debt	636 000	533 000	25 000
Total Equity and Debt	6 283 000	6 206 000	5 635 000

Financial indicators	2022	2021	2020
Return on Equity	10,16 %	9,92 %	1,68 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	-	-	-
Current Ratio	0,7	1,37	8,6
Quick Ratio	0,7	1,37	8,6
Equity Ratio	0,9	0,91	1
Gross Profit Margin	-	-	-