HORST AS

7994 LEKA

Finances

Return on Equity

−1,99 %

Current Ratio

167,57

Debt-to-Equity Ratio

0,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	99 000	781 000	1 285 000
Net Income	−20 000	7 000	−126 000	−18 000
Total Assets	1 646 000	1 629 000	1 699 000	1 947 000
Total Equity	1 005 000	1 025 000	1 017 000	1 143 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	99 000	781 000	1 285 000
Expenditure	47 000	115 000	962 000	1 295 000
Operating Profit	−47 000	−16 000	−181 000	−10 000
Financial Income	26 000	25 000	22 000	3 000
Financial Costs	10 000	5 000	8 000	16 000
Financial Balance	16 000	20 000	14 000	−13 000
Earnings Before Tax	−31 000	3 000	−167 000	−23 000
Tax	−12 000	−4 000	−41 000	−5 000
Net Income	−20 000	7 000	−126 000	−18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	473 000	496 000	527 000	521 000
Total Current Assets	1 173 000	1 133 000	1 172 000	1 426 000
Total Assets	1 646 000	1 629 000	1 699 000	1 947 000
Total Retained Equity	905 000	925 000	917 000	1 043 000
Total Equity	1 005 000	1 025 000	1 017 000	1 143 000
Total Long-Term Debt	634 000	623 000	653 000	646 000
Total Current Debt	7 000	−19 000	28 000	157 000
Total Equity and Debt	1 646 000	1 629 000	1 699 000	1 947 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	99 000	781 000	1 285 000
Revenue	0	99 000	781 000	1 285 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	478 000	763 000
Depreciation	35 000	35 000	35 000	35 000
Impairment	0	0	0	0
Expenditure	47 000	115 000	962 000	1 295 000
Operating Profit	−47 000	−16 000	−181 000	−10 000
Financial Income	26 000	25 000	22 000	3 000
Financial Costs	10 000	5 000	8 000	16 000
Financial Balance	16 000	20 000	14 000	−13 000
Dividends	0	0	0	0
Net Income	−20 000	7 000	−126 000	−18 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	213 000	201 000	197 000	156 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	35 000	70 000	105 000
Fixtures	0	0	0	0
Total Tangible Assets	0	35 000	70 000	105 000
Total Fiancial Fixed Assets	260 000	260 000	260 000	260 000
Total Fixed Assets	473 000	496 000	527 000	521 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 170 000	1 133 000	1 128 000	1 306 000
Total Current Assets	1 173 000	1 133 000	1 172 000	1 426 000
Total Assets	1 646 000	1 629 000	1 699 000	1 947 000
Total Equity	1 005 000	1 025 000	1 017 000	1 143 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	634 000	623 000	653 000	646 000
Creditors	0	−26 000	3 000	12 000
Unpaid Taxes	0	0	21 000	77 000
Dividends	0	0	0	0
Other Current Debt	7 000	7 000	5 000	69 000
Total Current Debt	7 000	−19 000	28 000	157 000
Total Equity and Debt	1 646 000	1 629 000	1 699 000	1 947 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,99 %	0,68 %	−12,39 %	−1,57 %
Debt-to-Equity Ratio	0,63	0,61	0,64	0,57
Operating Profit Margin	-	−16,16 %	−23,18 %	−0,78 %
Current Ratio	167,57	−59,63	41,86	9,08
Quick Ratio	167,57	−59,63	41,86	9,08
Equity Ratio	0,61	0,63	0,6	0,59
Gross Profit Margin	-	100 %	100 %	100 %