GRØNN HORISONT AS

4550 FARSUND

Finances

Share Ownership

Return on Equity

12,7 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	102 000	94 000	42 000	140 000
Net Income	8 000	7 000	5 000	1 000
Total Assets	70 000	128 000	124 000	179 000
Total Equity	63 000	62 000	63 000	58 000

Income (NOK)	2022	2021	2020	2019
Revenue	102 000	94 000	42 000	140 000
Expenditure	45 000	87 000	37 000	136 000
Operating Profit	8 000	7 000	5 000	1 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	8 000	7 000	5 000	1 000
Tax	0	0	0	0
Net Income	8 000	7 000	5 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	6 000	5 000	39 000
Total Current Assets	70 000	122 000	119 000	140 000
Total Assets	70 000	128 000	124 000	179 000
Total Retained Equity	−37 000	−38 000	−37 000	−42 000
Total Equity	63 000	62 000	63 000	58 000
Total Long-Term Debt	0	13 000	12 000	39 000
Total Current Debt	7 000	53 000	50 000	82 000
Total Equity and Debt	70 000	128 000	124 000	179 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	56 000	94 000	39 000	140 000
Other Income	47 000	0	2 000	0
Revenue	102 000	94 000	42 000	140 000
Cost of Goods Sold	28 000	39 000	11 000	80 000
Salary Costs	0	0	0	10 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	45 000	87 000	37 000	136 000
Operating Profit	8 000	7 000	5 000	1 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	8 000	7 000	5 000	1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	6 000	5 000	39 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	6 000	5 000	39 000
Stock	11 000	61 000	61 000	61 000
Total Investments	0	0	0	0
Cash, Bank	59 000	44 000	26 000	30 000
Total Current Assets	70 000	122 000	119 000	140 000
Total Assets	70 000	128 000	124 000	179 000
Total Equity	63 000	62 000	63 000	58 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	13 000	12 000	39 000
Creditors	0	3 000	4 000	26 000
Unpaid Taxes	7 000	7 000	1 000	8 000
Dividends	0	0	0	0
Other Current Debt	0	44 000	44 000	49 000
Total Current Debt	7 000	53 000	50 000	82 000
Total Equity and Debt	70 000	128 000	124 000	179 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,7 %	11,29 %	7,94 %	1,72 %
Debt-to-Equity Ratio	0	0,21	0,19	0,67
Operating Profit Margin	7,84 %	7,45 %	11,9 %	0,71 %
Current Ratio	10	2,3	2,38	1,71
Quick Ratio	−17,5	−15,25	−10,82	6,67
Equity Ratio	0,9	0,48	0,51	0,32
Gross Profit Margin	72,55 %	58,51 %	73,81 %	42,86 %