HORISONTEN BORETTSLAG

6509 KRISTIANSUND N

Finances

Share Ownership

Return on Equity

4,73 %

Current Ratio

2,81

Debt-to-Equity Ratio

2,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 094 000	1 063 000	1 027 000	1 000 000
Net Income	257 000	342 000	318 000	313 000
Total Assets	16 877 000	16 747 000	16 737 000	16 757 000
Total Equity	5 432 000	5 175 000	4 832 000	4 514 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 094 000	1 063 000	1 027 000	1 000 000
Expenditure	707 000	572 000	556 000	525 000
Operating Profit	388 000	490 000	472 000	476 000
Financial Income	11 000	6 000	11 000	13 000
Financial Costs	142 000	154 000	165 000	176 000
Financial Balance	−131 000	−148 000	−154 000	−163 000
Earnings Before Tax	257 000	342 000	318 000	313 000
Tax	0	0	0	0
Net Income	257 000	342 000	318 000	313 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 946 000	15 950 000	15 923 000	15 925 000
Total Current Assets	932 000	796 000	815 000	831 000
Total Assets	16 877 000	16 747 000	16 737 000	16 757 000
Total Retained Equity	5 430 000	5 173 000	4 831 000	4 513 000
Total Equity	5 432 000	5 175 000	4 832 000	4 514 000
Total Long-Term Debt	11 114 000	11 501 000	11 841 000	12 183 000
Total Current Debt	332 000	71 000	64 000	60 000
Total Equity and Debt	16 877 000	16 747 000	16 737 000	16 757 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 094 000	1 063 000	1 027 000	1 000 000
Revenue	1 094 000	1 063 000	1 027 000	1 000 000
Cost of Goods Sold	0	0	0	0
Salary Costs	22 000	25 000	20 000	21 000
Depreciation	5 000	4 000	3 000	3 000
Impairment	0	0	0	0
Expenditure	707 000	572 000	556 000	525 000
Operating Profit	388 000	490 000	472 000	476 000
Financial Income	11 000	6 000	11 000	13 000
Financial Costs	142 000	154 000	165 000	176 000
Financial Balance	−131 000	−148 000	−154 000	−163 000
Dividends	0	0	0	0
Net Income	257 000	342 000	318 000	313 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 916 000	15 916 000	15 916 000	15 916 000
Machinery and Plant Facilities	27 000	32 000	4 000	7 000
Fixtures	0	0	0	0
Total Tangible Assets	15 944 000	15 948 000	15 920 000	15 923 000
Total Fiancial Fixed Assets	2 000	2 000	2 000	2 000
Total Fixed Assets	15 946 000	15 950 000	15 923 000	15 925 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	886 000	753 000	774 000	779 000
Total Current Assets	932 000	796 000	815 000	831 000
Total Assets	16 877 000	16 747 000	16 737 000	16 757 000
Total Equity	5 432 000	5 175 000	4 832 000	4 514 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 114 000	11 501 000	11 841 000	12 183 000
Creditors	317 000	51 000	45 000	41 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	15 000	20 000	19 000	18 000
Total Current Debt	332 000	71 000	64 000	60 000
Total Equity and Debt	16 877 000	16 747 000	16 737 000	16 757 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,73 %	6,61 %	6,58 %	6,93 %
Debt-to-Equity Ratio	2,05	2,22	2,45	2,7
Operating Profit Margin	35,47 %	46,1 %	45,96 %	47,6 %
Current Ratio	2,81	11,21	12,73	13,85
Quick Ratio	2,81	11,21	12,73	13,85
Equity Ratio	0,32	0,31	0,29	0,27
Gross Profit Margin	100 %	100 %	100 %	100 %