HÖRMANN NORGE AS

4642 SØGNE

Finances

Share Ownership

Return on Equity

6,52 %

Current Ratio

2,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	391 686 000	344 615 000	266 306 000	246 853 000
Net Income	9 925 000	−1 108 000	7 619 000	7 323 000
Total Assets	251 433 000	225 399 000	199 766 000	183 182 000
Total Equity	152 215 000	142 291 000	122 808 000	115 190 000

Income (NOK)	2022	2021	2020	2019
Revenue	391 686 000	344 615 000	266 306 000	246 853 000
Expenditure	379 441 000	345 854 000	256 210 000	236 983 000
Operating Profit	12 245 000	−1 239 000	10 095 000	9 869 000
Financial Income	1 071 000	820 000	489 000	305 000
Financial Costs	482 000	970 000	765 000	743 000
Financial Balance	589 000	−150 000	−276 000	−438 000
Earnings Before Tax	12 833 000	−1 389 000	9 819 000	9 431 000
Tax	2 908 000	−280 000	2 201 000	2 108 000
Net Income	9 925 000	−1 108 000	7 619 000	7 323 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	47 260 000	50 462 000	47 464 000	52 380 000
Total Current Assets	204 173 000	174 938 000	152 303 000	130 802 000
Total Assets	251 433 000	225 399 000	199 766 000	183 182 000
Total Retained Equity	36 665 000	26 741 000	7 258 000	−360 000
Total Equity	152 215 000	142 291 000	122 808 000	115 190 000
Total Long-Term Debt	694 000	2 469 000	5 750 000	9 092 000
Total Current Debt	98 524 000	80 639 000	71 208 000	58 900 000
Total Equity and Debt	251 433 000	225 399 000	199 766 000	183 182 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	390 517 000	344 523 000	266 233 000	246 559 000
Other Income	1 169 000	92 000	73 000	294 000
Revenue	391 686 000	344 615 000	266 306 000	246 853 000
Cost of Goods Sold	209 742 000	202 331 000	158 389 000	135 947 000
Salary Costs	107 360 000	86 153 000	59 036 000	60 175 000
Depreciation	7 914 000	8 533 000	6 063 000	6 963 000
Impairment	0	0	0	0
Expenditure	379 441 000	345 854 000	256 210 000	236 983 000
Operating Profit	12 245 000	−1 239 000	10 095 000	9 869 000
Financial Income	1 071 000	820 000	489 000	305 000
Financial Costs	482 000	970 000	765 000	743 000
Financial Balance	589 000	−150 000	−276 000	−438 000
Dividends	0	0	0	0
Net Income	9 925 000	−1 108 000	7 619 000	7 323 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 053 000	3 077 000	2 738 000	2 424 000
Real Eastate	32 737 000	34 920 000	37 103 000	39 290 000
Machinery and Plant Facilities	5 284 000	0	0	207 000
Fixtures	6 187 000	12 466 000	7 623 000	10 459 000
Total Tangible Assets	44 208 000	47 385 000	44 725 000	49 956 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	47 260 000	50 462 000	47 464 000	52 380 000
Stock	36 595 000	31 765 000	21 604 000	19 564 000
Total Investments	41 234 000	40 618 000	40 335 000	20 018 000
Cash, Bank	49 837 000	46 153 000	40 503 000	47 634 000
Total Current Assets	204 173 000	174 938 000	152 303 000	130 802 000
Total Assets	251 433 000	225 399 000	199 766 000	183 182 000
Total Equity	152 215 000	142 291 000	122 808 000	115 190 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	694 000	2 469 000	5 750 000	9 092 000
Creditors	56 772 000	51 776 000	42 780 000	33 527 000
Unpaid Taxes	25 059 000	19 029 000	16 811 000	14 515 000
Dividends	0	0	0	0
Other Current Debt	13 946 000	9 527 000	9 083 000	8 080 000
Total Current Debt	98 524 000	80 639 000	71 208 000	58 900 000
Total Equity and Debt	251 433 000	225 399 000	199 766 000	183 182 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,52 %	−0,78 %	6,2 %	6,36 %
Debt-to-Equity Ratio	0	0,02	0,05	0,08
Operating Profit Margin	3,13 %	−0,36 %	3,79 %	4 %
Current Ratio	2,07	2,17	2,14	2,22
Quick Ratio	3,3	3,58	3,07	3,33
Equity Ratio	0,61	0,63	0,61	0,63
Gross Profit Margin	46,45 %	41,29 %	40,52 %	44,93 %