HORN BULL AS

0191 OSLO

Finances

Return on Equity

2,08 %

Current Ratio

33,9

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 514 000	8 127 000	1 507 000	4 019 000
Net Income	2 190 000	8 107 000	93 000	2 964 000
Total Assets	109 822 000	127 548 000	147 696 000	57 788 000
Total Equity	105 362 000	113 172 000	145 401 000	54 833 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 514 000	8 127 000	1 507 000	4 019 000
Expenditure	2 757 000	706 000	1 286 000	1 054 000
Operating Profit	1 757 000	7 420 000	220 000	2 965 000
Financial Income	744 000	827 000	17 000	158 000
Financial Costs	310 000	141 000	145 000	159 000
Financial Balance	434 000	686 000	−128 000	−1 000
Earnings Before Tax	2 190 000	8 107 000	93 000	2 964 000
Tax	0	0	0	0
Net Income	2 190 000	8 107 000	93 000	2 964 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 254 000	14 019 000	108 806 000	16 788 000
Total Current Assets	94 568 000	113 529 000	38 889 000	40 999 000
Total Assets	109 822 000	127 548 000	147 696 000	57 788 000
Total Retained Equity	18 203 000	16 012 000	27 905 000	30 812 000
Total Equity	105 362 000	113 172 000	145 401 000	54 833 000
Total Long-Term Debt	1 670 000	1 772 000	1 827 000	1 962 000
Total Current Debt	2 790 000	12 604 000	468 000	993 000
Total Equity and Debt	109 822 000	127 548 000	147 696 000	57 788 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 514 000	8 127 000	1 507 000	4 019 000
Revenue	4 514 000	8 127 000	1 507 000	4 019 000
Cost of Goods Sold	0	0	0	0
Salary Costs	183 000	183 000	183 000	183 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 757 000	706 000	1 286 000	1 054 000
Operating Profit	1 757 000	7 420 000	220 000	2 965 000
Financial Income	744 000	827 000	17 000	158 000
Financial Costs	310 000	141 000	145 000	159 000
Financial Balance	434 000	686 000	−128 000	−1 000
Dividends	0	20 000 000	3 000 000	0
Net Income	2 190 000	8 107 000	93 000	2 964 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	15 254 000	14 019 000	108 806 000	16 788 000
Total Fixed Assets	15 254 000	14 019 000	108 806 000	16 788 000
Stock	0	0	0	0
Total Investments	85 097 000	97 615 000	35 813 000	35 589 000
Cash, Bank	6 118 000	9 842 000	2 939 000	5 311 000
Total Current Assets	94 568 000	113 529 000	38 889 000	40 999 000
Total Assets	109 822 000	127 548 000	147 696 000	57 788 000
Total Equity	105 362 000	113 172 000	145 401 000	54 833 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 670 000	1 772 000	1 827 000	1 962 000
Creditors	14 000	14 000	5 000	40 000
Unpaid Taxes	0	0	1 000	1 000
Dividends	0	20 000 000	3 000 000	0
Other Current Debt	2 776 000	12 590 000	462 000	952 000
Total Current Debt	2 790 000	12 604 000	468 000	993 000
Total Equity and Debt	109 822 000	127 548 000	147 696 000	57 788 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,08 %	7,16 %	0,06 %	5,41 %
Debt-to-Equity Ratio	0,02	0,02	0,01	0,04
Operating Profit Margin	38,92 %	91,3 %	14,6 %	73,77 %
Current Ratio	33,9	9,01	83,1	41,29
Quick Ratio	33,9	9,01	83,1	41,29
Equity Ratio	0,96	0,89	0,98	0,95
Gross Profit Margin	100 %	100 %	100 %	100 %