HØØK HESTESPORT AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

12,37 %

Current Ratio

2,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	84 220 000	92 111 000	84 073 000	64 463 000
Net Income	2 972 000	3 650 000	3 535 000	875 000
Total Assets	35 981 000	45 285 000	27 738 000	25 584 000
Total Equity	24 023 000	21 052 000	17 402 000	13 867 000

Income (NOK)	2022	2021	2020	2019
Revenue	84 220 000	92 111 000	84 073 000	64 463 000
Expenditure	80 222 000	87 076 000	79 339 000	63 208 000
Operating Profit	3 997 000	5 035 000	4 734 000	1 255 000
Financial Income	33 000	0	5 000	8 000
Financial Costs	208 000	263 000	201 000	136 000
Financial Balance	−175 000	−263 000	−196 000	−128 000
Earnings Before Tax	3 822 000	4 773 000	4 538 000	1 127 000
Tax	851 000	1 123 000	1 003 000	253 000
Net Income	2 972 000	3 650 000	3 535 000	875 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 767 000	1 236 000	1 829 000	2 278 000
Total Current Assets	34 214 000	44 049 000	25 909 000	23 306 000
Total Assets	35 981 000	45 285 000	27 738 000	25 584 000
Total Retained Equity	23 923 000	20 952 000	17 302 000	13 767 000
Total Equity	24 023 000	21 052 000	17 402 000	13 867 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 958 000	24 233 000	10 336 000	11 717 000
Total Equity and Debt	35 981 000	45 285 000	27 738 000	25 584 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	84 220 000	92 111 000	84 073 000	64 463 000
Other Income	0	0	0	0
Revenue	84 220 000	92 111 000	84 073 000	64 463 000
Cost of Goods Sold	48 291 000	54 443 000	48 133 000	34 956 000
Salary Costs	12 372 000	12 094 000	11 045 000	10 864 000
Depreciation	1 032 000	746 000	728 000	872 000
Impairment	0	0	0	0
Expenditure	80 222 000	87 076 000	79 339 000	63 208 000
Operating Profit	3 997 000	5 035 000	4 734 000	1 255 000
Financial Income	33 000	0	5 000	8 000
Financial Costs	208 000	263 000	201 000	136 000
Financial Balance	−175 000	−263 000	−196 000	−128 000
Dividends	0	0	0	0
Net Income	2 972 000	3 650 000	3 535 000	875 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	346 000	281 000	239 000	225 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 421 000	955 000	1 590 000	2 053 000
Total Tangible Assets	1 421 000	955 000	1 590 000	2 053 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 767 000	1 236 000	1 829 000	2 278 000
Stock	21 019 000	18 878 000	16 557 000	15 024 000
Total Investments	0	0	0	0
Cash, Bank	12 969 000	24 958 000	9 341 000	8 168 000
Total Current Assets	34 214 000	44 049 000	25 909 000	23 306 000
Total Assets	35 981 000	45 285 000	27 738 000	25 584 000
Total Equity	24 023 000	21 052 000	17 402 000	13 867 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 586 000	14 722 000	1 881 000	5 992 000
Unpaid Taxes	4 921 000	5 366 000	4 959 000	3 671 000
Dividends	0	0	0	0
Other Current Debt	2 535 000	2 980 000	2 480 000	1 778 000
Total Current Debt	11 958 000	24 233 000	10 336 000	11 717 000
Total Equity and Debt	35 981 000	45 285 000	27 738 000	25 584 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,37 %	17,34 %	20,31 %	6,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,75 %	5,47 %	5,63 %	1,95 %
Current Ratio	2,86	1,82	2,51	1,99
Quick Ratio	−3,78	8,23	−4,16	−7,05
Equity Ratio	0,67	0,46	0,63	0,54
Gross Profit Margin	42,66 %	40,89 %	42,75 %	45,77 %