HORTEN BORETTSLAG I

3181 HORTEN

Finances

Share Ownership

Return on Equity

−12,9 %

Current Ratio

12,35

Debt-to-Equity Ratio

−4,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 855 000	2 670 000	2 772 000	2 712 000
Net Income	610 000	851 000	963 000	695 000
Total Assets	17 948 000	18 024 000	17 821 000	17 578 000
Total Equity	−4 728 000	−5 339 000	−6 190 000	−7 153 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 855 000	2 670 000	2 772 000	2 712 000
Expenditure	1 688 000	1 450 000	1 318 000	1 450 000
Operating Profit	1 168 000	1 220 000	1 453 000	1 262 000
Financial Income	37 000	2 000	7 000	30 000
Financial Costs	595 000	370 000	497 000	598 000
Financial Balance	−558 000	−368 000	−490 000	−568 000
Earnings Before Tax	610 000	851 000	963 000	695 000
Tax	0	0	0	0
Net Income	610 000	851 000	963 000	695 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 020 000	15 044 000	14 926 000	14 910 000
Total Current Assets	2 927 000	2 980 000	2 895 000	2 669 000
Total Assets	17 948 000	18 024 000	17 821 000	17 578 000
Total Retained Equity	−4 732 000	−5 342 000	−6 193 000	−7 156 000
Total Equity	−4 728 000	−5 339 000	−6 190 000	−7 153 000
Total Long-Term Debt	22 439 000	23 119 000	23 853 000	24 507 000
Total Current Debt	237 000	243 000	158 000	224 000
Total Equity and Debt	17 948 000	18 024 000	17 821 000	17 578 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 855 000	2 670 000	2 772 000	2 712 000
Revenue	2 855 000	2 670 000	2 772 000	2 712 000
Cost of Goods Sold	0	0	0	0
Salary Costs	124 000	133 000	144 000	167 000
Depreciation	24 000	24 000	20 000	4 000
Impairment	0	0	0	0
Expenditure	1 688 000	1 450 000	1 318 000	1 450 000
Operating Profit	1 168 000	1 220 000	1 453 000	1 262 000
Financial Income	37 000	2 000	7 000	30 000
Financial Costs	595 000	370 000	497 000	598 000
Financial Balance	−558 000	−368 000	−490 000	−568 000
Dividends	0	0	0	0
Net Income	610 000	851 000	963 000	695 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 854 000	14 854 000	14 712 000	14 712 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	166 000	190 000	214 000	198 000
Total Tangible Assets	15 020 000	15 044 000	14 926 000	14 910 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 020 000	15 044 000	14 926 000	14 910 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 436 000	2 864 000	2 796 000	2 573 000
Total Current Assets	2 927 000	2 980 000	2 895 000	2 669 000
Total Assets	17 948 000	18 024 000	17 821 000	17 578 000
Total Equity	−4 728 000	−5 339 000	−6 190 000	−7 153 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 439 000	23 119 000	23 853 000	24 507 000
Creditors	197 000	209 000	122 000	163 000
Unpaid Taxes	7 000	8 000	16 000	14 000
Dividends	0	0	0	0
Other Current Debt	33 000	27 000	21 000	46 000
Total Current Debt	237 000	243 000	158 000	224 000
Total Equity and Debt	17 948 000	18 024 000	17 821 000	17 578 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,9 %	−15,94 %	−15,56 %	−9,72 %
Debt-to-Equity Ratio	−4,75	−4,33	−3,85	−3,43
Operating Profit Margin	40,91 %	45,69 %	52,42 %	46,53 %
Current Ratio	12,35	12,26	18,32	11,92
Quick Ratio	12,35	12,26	18,32	11,92
Equity Ratio	−0,26	−0,3	−0,35	−0,41
Gross Profit Margin	100 %	100 %	100 %	100 %