HARAHORN AS

3560 HEMSEDAL

Finances

Return on Equity

149,77 %

Current Ratio

1,49

Debt-to-Equity Ratio

−2,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 973 000	7 193 000	5 855 000	6 926 000
Net Income	−3 912 000	−643 000	−588 000	−782 000
Total Assets	6 846 000	4 990 000	4 914 000	5 729 000
Total Equity	−2 612 000	−611 000	32 000	62 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 973 000	7 193 000	5 855 000	6 926 000
Expenditure	11 847 000	7 833 000	6 604 000	7 924 000
Operating Profit	−3 874 000	−641 000	−750 000	−997 000
Financial Income	0	0	0	0
Financial Costs	576 000	2 000	3 000	4 000
Financial Balance	−576 000	−2 000	−3 000	−4 000
Earnings Before Tax	−4 450 000	−643 000	−753 000	−1 001 000
Tax	−539 000	0	−165 000	−219 000
Net Income	−3 912 000	−643 000	−588 000	−782 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 259 000	2 765 000	2 166 000	2 199 000
Total Current Assets	4 587 000	2 225 000	2 748 000	3 531 000
Total Assets	6 846 000	4 990 000	4 914 000	5 729 000
Total Retained Equity	−7 897 000	−3 986 000	−3 343 000	−2 755 000
Total Equity	−2 612 000	−611 000	32 000	62 000
Total Long-Term Debt	6 386 000	0	0	0
Total Current Debt	3 072 000	5 601 000	4 882 000	5 667 000
Total Equity and Debt	6 846 000	4 990 000	4 914 000	5 729 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 961 000	6 835 000	5 748 000	6 922 000
Other Income	12 000	358 000	107 000	4 000
Revenue	7 973 000	7 193 000	5 855 000	6 926 000
Cost of Goods Sold	2 009 000	1 270 000	1 551 000	1 701 000
Salary Costs	4 540 000	3 908 000	3 171 000	3 873 000
Depreciation	191 000	144 000	176 000	215 000
Impairment	0	0	0	0
Expenditure	11 847 000	7 833 000	6 604 000	7 924 000
Operating Profit	−3 874 000	−641 000	−750 000	−997 000
Financial Income	0	0	0	0
Financial Costs	576 000	2 000	3 000	4 000
Financial Balance	−576 000	−2 000	−3 000	−4 000
Dividends	0	0	0	0
Net Income	−3 912 000	−643 000	−588 000	−782 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	45 000	45 000	45 000	38 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	809 000	744 000	545 000	585 000
Total Tangible Assets	809 000	744 000	545 000	585 000
Total Fiancial Fixed Assets	1 406 000	1 976 000	1 576 000	1 576 000
Total Fixed Assets	2 259 000	2 765 000	2 166 000	2 199 000
Stock	551 000	449 000	332 000	482 000
Total Investments	0	0	0	0
Cash, Bank	407 000	376 000	208 000	382 000
Total Current Assets	4 587 000	2 225 000	2 748 000	3 531 000
Total Assets	6 846 000	4 990 000	4 914 000	5 729 000
Total Equity	−2 612 000	−611 000	32 000	62 000
Short-Term Group Debt	1 139 000	4 143 000	3 345 000	4 388 000
Total Long-Term Debt	6 386 000	0	0	0
Creditors	754 000	615 000	689 000	607 000
Unpaid Taxes	170 000	209 000	159 000	177 000
Dividends	0	0	0	0
Other Current Debt	1 009 000	634 000	688 000	495 000
Total Current Debt	3 072 000	5 601 000	4 882 000	5 667 000
Total Equity and Debt	6 846 000	4 990 000	4 914 000	5 729 000

Financial indicators	2022	2021	2020	2019
Return on Equity	149,77 %	105,24 %	−1 837,5 %	−1 261,29 %
Debt-to-Equity Ratio	−2,44	−0	0	0
Operating Profit Margin	−48,59 %	−8,91 %	−12,81 %	−14,4 %
Current Ratio	1,49	0,4	0,56	0,62
Quick Ratio	1,82	0,43	0,6	0,68
Equity Ratio	−0,38	−0,12	0,01	0,01
Gross Profit Margin	74,8 %	82,34 %	73,51 %	75,44 %