HORGETUN AS

5397 BEKKJARVIK

Finances

Share Ownership

Return on Equity

0,61 %

Current Ratio

5,25

Debt-to-Equity Ratio

0,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	449 000	620 000	399 000	442 000
Net Income	17 000	73 000	−64 000	53 000
Total Assets	5 387 000	5 778 000	6 548 000	8 826 000
Total Equity	2 793 000	2 776 000	2 903 000	4 467 000

Income (NOK)	2022	2021	2020	2019
Revenue	449 000	620 000	399 000	442 000
Expenditure	307 000	421 000	346 000	261 000
Operating Profit	142 000	199 000	52 000	181 000
Financial Income	11 000	9 000	18 000	36 000
Financial Costs	131 000	114 000	149 000	148 000
Financial Balance	−120 000	−105 000	−131 000	−112 000
Earnings Before Tax	21 000	94 000	−79 000	69 000
Tax	5 000	21 000	−15 000	16 000
Net Income	17 000	73 000	−64 000	53 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 583 000	4 690 000	4 796 000	4 904 000
Total Current Assets	803 000	1 088 000	1 752 000	3 922 000
Total Assets	5 387 000	5 778 000	6 548 000	8 826 000
Total Retained Equity	2 693 000	2 676 000	2 603 000	4 167 000
Total Equity	2 793 000	2 776 000	2 903 000	4 467 000
Total Long-Term Debt	2 441 000	2 806 000	3 168 000	3 561 000
Total Current Debt	153 000	197 000	477 000	797 000
Total Equity and Debt	5 387 000	5 778 000	6 548 000	8 826 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	449 000	620 000	399 000	442 000
Other Income	0	0	0	0
Revenue	449 000	620 000	399 000	442 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	107 000	106 000	107 000	106 000
Impairment	0	0	0	0
Expenditure	307 000	421 000	346 000	261 000
Operating Profit	142 000	199 000	52 000	181 000
Financial Income	11 000	9 000	18 000	36 000
Financial Costs	131 000	114 000	149 000	148 000
Financial Balance	−120 000	−105 000	−131 000	−112 000
Dividends	0	0	0	280 000
Net Income	17 000	73 000	−64 000	53 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 563 000	4 669 000	4 775 000	4 882 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	21 000	21 000	22 000
Total Tangible Assets	4 583 000	4 690 000	4 796 000	4 904 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 583 000	4 690 000	4 796 000	4 904 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	696 000	1 076 000	1 304 000	3 703 000
Total Current Assets	803 000	1 088 000	1 752 000	3 922 000
Total Assets	5 387 000	5 778 000	6 548 000	8 826 000
Total Equity	2 793 000	2 776 000	2 903 000	4 467 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 441 000	2 806 000	3 168 000	3 561 000
Creditors	−39 000	−8 000	25 000	43 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	280 000
Other Current Debt	0	0	242 000	0
Total Current Debt	153 000	197 000	477 000	797 000
Total Equity and Debt	5 387 000	5 778 000	6 548 000	8 826 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,61 %	2,63 %	−2,2 %	1,19 %
Debt-to-Equity Ratio	0,87	1,01	1,09	0,8
Operating Profit Margin	31,63 %	32,1 %	13,03 %	40,95 %
Current Ratio	5,25	5,52	3,67	4,92
Quick Ratio	5,25	5,52	3,67	4,92
Equity Ratio	0,52	0,48	0,44	0,51
Gross Profit Margin	100 %	100 %	100 %	100 %