A/S Hørtefossen

3811 HØRTE

Finances

Share Ownership

Return on Equity

9,01 %

Current Ratio

2,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 066 000	8 305 000	8 526 000	7 824 000
Net Income	999 000	859 000	1 328 000	1 118 000
Total Assets	13 606 000	12 224 000	11 196 000	10 387 000
Total Equity	11 084 000	10 085 000	9 226 000	7 898 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 066 000	8 305 000	8 526 000	7 824 000
Expenditure	9 800 000	7 226 000	6 839 000	6 392 000
Operating Profit	1 265 000	1 079 000	1 687 000	1 433 000
Financial Income	17 000	23 000	29 000	26 000
Financial Costs	0	0	11 000	25 000
Financial Balance	17 000	23 000	18 000	1 000
Earnings Before Tax	1 282 000	1 101 000	1 705 000	1 434 000
Tax	283 000	242 000	377 000	315 000
Net Income	999 000	859 000	1 328 000	1 118 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 344 000	5 843 000	5 818 000	5 194 000
Total Current Assets	7 263 000	6 381 000	5 378 000	5 193 000
Total Assets	13 606 000	12 224 000	11 196 000	10 387 000
Total Retained Equity	10 984 000	9 985 000	9 126 000	7 898 000
Total Equity	11 084 000	10 085 000	9 226 000	7 898 000
Total Long-Term Debt	8 000	13 000	18 000	641 000
Total Current Debt	2 514 000	2 125 000	1 952 000	1 848 000
Total Equity and Debt	13 606 000	12 224 000	11 196 000	10 387 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 066 000	8 305 000	8 414 000	7 824 000
Other Income	0	0	112 000	0
Revenue	11 066 000	8 305 000	8 526 000	7 824 000
Cost of Goods Sold	3 394 000	2 757 000	2 411 000	2 186 000
Salary Costs	3 489 000	2 970 000	3 041 000	2 743 000
Depreciation	137 000	81 000	106 000	224 000
Impairment	0	0	0	0
Expenditure	9 800 000	7 226 000	6 839 000	6 392 000
Operating Profit	1 265 000	1 079 000	1 687 000	1 433 000
Financial Income	17 000	23 000	29 000	26 000
Financial Costs	0	0	11 000	25 000
Financial Balance	17 000	23 000	18 000	1 000
Dividends	0	0	0	0
Net Income	999 000	859 000	1 328 000	1 118 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	552 000	373 000	144 000	629 000
Total Tangible Assets	552 000	373 000	144 000	629 000
Total Fiancial Fixed Assets	5 791 000	5 470 000	5 674 000	4 565 000
Total Fixed Assets	6 344 000	5 843 000	5 818 000	5 194 000
Stock	658 000	696 000	517 000	622 000
Total Investments	0	0	0	0
Cash, Bank	1 618 000	1 787 000	2 471 000	2 940 000
Total Current Assets	7 263 000	6 381 000	5 378 000	5 193 000
Total Assets	13 606 000	12 224 000	11 196 000	10 387 000
Total Equity	11 084 000	10 085 000	9 226 000	7 898 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000	13 000	18 000	641 000
Creditors	332 000	371 000	266 000	133 000
Unpaid Taxes	1 365 000	996 000	733 000	767 000
Dividends	0	0	0	0
Other Current Debt	528 000	513 000	576 000	628 000
Total Current Debt	2 514 000	2 125 000	1 952 000	1 848 000
Total Equity and Debt	13 606 000	12 224 000	11 196 000	10 387 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,01 %	8,52 %	14,39 %	14,16 %
Debt-to-Equity Ratio	0	0	0	0,08
Operating Profit Margin	11,43 %	12,99 %	19,79 %	18,32 %
Current Ratio	2,89	3	2,76	2,81
Quick Ratio	3,91	4,47	3,75	4,24
Equity Ratio	0,81	0,83	0,82	0,76
Gross Profit Margin	69,33 %	66,8 %	71,72 %	72,06 %