HORPESTAD AS

4354 VOLL

Finances

Share Ownership

Return on Equity

17,73 %

Current Ratio

5,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 085 000	11 145 000	8 285 000	8 641 000
Net Income	1 816 000	1 609 000	503 000	356 000
Total Assets	12 489 000	10 815 000	8 640 000	8 437 000
Total Equity	10 240 000	8 925 000	7 316 000	6 813 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 085 000	11 145 000	8 285 000	8 641 000
Expenditure	9 701 000	9 165 000	7 633 000	8 151 000
Operating Profit	2 384 000	1 980 000	652 000	490 000
Financial Income	41 000	116 000	77 000	17 000
Financial Costs	105 000	59 000	103 000	49 000
Financial Balance	−64 000	57 000	−26 000	−32 000
Earnings Before Tax	2 320 000	2 037 000	626 000	458 000
Tax	504 000	428 000	123 000	102 000
Net Income	1 816 000	1 609 000	503 000	356 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	493 000	401 000	307 000	3 452 000
Total Current Assets	11 996 000	10 415 000	8 333 000	4 985 000
Total Assets	12 489 000	10 815 000	8 640 000	8 437 000
Total Retained Equity	10 140 000	8 825 000	7 216 000	6 713 000
Total Equity	10 240 000	8 925 000	7 316 000	6 813 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 249 000	1 891 000	1 324 000	1 624 000
Total Equity and Debt	12 489 000	10 815 000	8 640 000	8 437 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 085 000	11 145 000	8 285 000	8 610 000
Other Income	0	0	0	32 000
Revenue	12 085 000	11 145 000	8 285 000	8 641 000
Cost of Goods Sold	5 251 000	4 538 000	3 370 000	3 444 000
Salary Costs	3 337 000	3 707 000	3 111 000	3 344 000
Depreciation	130 000	103 000	208 000	260 000
Impairment	0	0	0	0
Expenditure	9 701 000	9 165 000	7 633 000	8 151 000
Operating Profit	2 384 000	1 980 000	652 000	490 000
Financial Income	41 000	116 000	77 000	17 000
Financial Costs	105 000	59 000	103 000	49 000
Financial Balance	−64 000	57 000	−26 000	−32 000
Dividends	500 000	0	0	0
Net Income	1 816 000	1 609 000	503 000	356 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	59 000	64 000	70 000	51 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	434 000	337 000	237 000	445 000
Total Tangible Assets	434 000	337 000	237 000	445 000
Total Fiancial Fixed Assets	0	0	0	2 956 000
Total Fixed Assets	493 000	401 000	307 000	3 452 000
Stock	336 000	341 000	331 000	569 000
Total Investments	5 536 000	4 847 000	4 790 000	0
Cash, Bank	3 698 000	2 493 000	1 958 000	2 130 000
Total Current Assets	11 996 000	10 415 000	8 333 000	4 985 000
Total Assets	12 489 000	10 815 000	8 640 000	8 437 000
Total Equity	10 240 000	8 925 000	7 316 000	6 813 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	462 000	755 000	401 000	116 000
Unpaid Taxes	402 000	325 000	417 000	777 000
Dividends	500 000	0	0	0
Other Current Debt	385 000	389 000	365 000	603 000
Total Current Debt	2 249 000	1 891 000	1 324 000	1 624 000
Total Equity and Debt	12 489 000	10 815 000	8 640 000	8 437 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,73 %	18,03 %	6,88 %	5,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	19,73 %	17,77 %	7,87 %	5,67 %
Current Ratio	5,33	5,51	6,29	3,07
Quick Ratio	6,27	6,72	8,39	4,73
Equity Ratio	0,82	0,83	0,85	0,81
Gross Profit Margin	56,55 %	59,28 %	59,32 %	60,14 %