STIFTELSEN NORSK HESTESENTER

2850 LENA

Finances

Share Ownership

Return on Equity

6,23 %

Current Ratio

1,36

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 552 000	38 073 000	39 209 000	36 168 000
Net Income	1 745 000	3 599 000	7 525 000	63 000
Total Assets	43 720 000	46 218 000	44 908 000	38 708 000
Total Equity	27 991 000	26 485 000	23 385 000	15 860 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 552 000	38 073 000	39 209 000	36 168 000
Expenditure	36 452 000	33 943 000	31 051 000	35 319 000
Operating Profit	2 101 000	4 129 000	8 158 000	848 000
Financial Income	134 000	60 000	60 000	36 000
Financial Costs	478 000	568 000	693 000	822 000
Financial Balance	−344 000	−508 000	−633 000	−786 000
Earnings Before Tax	1 756 000	3 622 000	7 525 000	63 000
Tax	11 000	23 000	0	0
Net Income	1 745 000	3 599 000	7 525 000	63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 580 000	33 638 000	35 454 000	34 612 000
Total Current Assets	10 140 000	12 580 000	9 454 000	4 096 000
Total Assets	43 720 000	46 218 000	44 908 000	38 708 000
Total Retained Equity	22 738 000	21 232 000	18 147 000	10 622 000
Total Equity	27 991 000	26 485 000	23 385 000	15 860 000
Total Long-Term Debt	8 247 000	12 771 000	16 863 000	17 501 000
Total Current Debt	7 483 000	6 962 000	4 659 000	5 346 000
Total Equity and Debt	43 720 000	46 218 000	44 908 000	38 708 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	38 552 000	38 073 000	39 209 000	36 168 000
Revenue	38 552 000	38 073 000	39 209 000	36 168 000
Cost of Goods Sold	735 000	649 000	630 000	3 765 000
Salary Costs	17 455 000	17 557 000	16 134 000	18 340 000
Depreciation	1 445 000	1 413 000	1 740 000	1 826 000
Impairment	0	0	0	0
Expenditure	36 452 000	33 943 000	31 051 000	35 319 000
Operating Profit	2 101 000	4 129 000	8 158 000	848 000
Financial Income	134 000	60 000	60 000	36 000
Financial Costs	478 000	568 000	693 000	822 000
Financial Balance	−344 000	−508 000	−633 000	−786 000
Dividends	0	0	0	0
Net Income	1 745 000	3 599 000	7 525 000	63 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	30 180 000	30 329 000	31 468 000	32 642 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 317 000	735 000	1 061 000	1 970 000
Total Tangible Assets	31 690 000	31 063 000	32 529 000	34 612 000
Total Fiancial Fixed Assets	1 890 000	2 575 000	2 925 000	0
Total Fixed Assets	33 580 000	33 638 000	35 454 000	34 612 000
Stock	682 000	513 000	563 000	750 000
Total Investments	0	0	0	0
Cash, Bank	7 392 000	10 035 000	6 234 000	2 234 000
Total Current Assets	10 140 000	12 580 000	9 454 000	4 096 000
Total Assets	43 720 000	46 218 000	44 908 000	38 708 000
Total Equity	27 991 000	26 485 000	23 385 000	15 860 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 247 000	12 771 000	16 863 000	17 501 000
Creditors	1 646 000	1 760 000	1 355 000	1 344 000
Unpaid Taxes	1 071 000	1 322 000	1 184 000	1 429 000
Dividends	0	0	0	0
Other Current Debt	4 760 000	3 881 000	2 121 000	2 574 000
Total Current Debt	7 483 000	6 962 000	4 659 000	5 346 000
Total Equity and Debt	43 720 000	46 218 000	44 908 000	38 708 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,23 %	13,59 %	32,18 %	0,4 %
Debt-to-Equity Ratio	0,29	0,48	0,72	1,1
Operating Profit Margin	5,45 %	10,84 %	20,81 %	2,34 %
Current Ratio	1,36	1,81	2,03	0,77
Quick Ratio	1,49	1,95	2,31	0,89
Equity Ratio	0,64	0,57	0,52	0,41
Gross Profit Margin	98,09 %	98,3 %	98,39 %	89,59 %