HORECAMARKET AS

1364 FORNEBU

Finances

Share Ownership

Return on Equity

98,18 %

Current Ratio

1,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	55 766 000	38 953 000	35 287 000	47 825 000
Net Income	7 433 000	3 994 000	4 818 000	6 348 000
Total Assets	18 274 000	14 721 000	13 514 000	16 996 000
Total Equity	7 571 000	6 438 000	6 944 000	7 426 000

Income (NOK)	2022	2021	2020	2019
Revenue	55 766 000	38 953 000	35 287 000	47 825 000
Expenditure	46 219 000	33 583 000	29 335 000	39 522 000
Operating Profit	9 547 000	5 370 000	5 952 000	8 304 000
Financial Income	0	0	279 000	5 000
Financial Costs	16 000	249 000	48 000	170 000
Financial Balance	−16 000	−249 000	231 000	−165 000
Earnings Before Tax	9 531 000	5 121 000	6 182 000	8 140 000
Tax	2 098 000	1 127 000	1 364 000	1 792 000
Net Income	7 433 000	3 994 000	4 818 000	6 348 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	202 000	209 000	200 000	216 000
Total Current Assets	18 072 000	14 512 000	13 314 000	16 780 000
Total Assets	18 274 000	14 721 000	13 514 000	16 996 000
Total Retained Equity	7 471 000	6 338 000	6 844 000	7 326 000
Total Equity	7 571 000	6 438 000	6 944 000	7 426 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 703 000	8 283 000	6 570 000	9 571 000
Total Equity and Debt	18 274 000	14 721 000	13 514 000	16 996 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	55 766 000	38 872 000	35 007 000	47 825 000
Other Income	0	81 000	279 000	0
Revenue	55 766 000	38 953 000	35 287 000	47 825 000
Cost of Goods Sold	35 320 000	25 318 000	23 219 000	30 819 000
Salary Costs	4 580 000	3 834 000	3 415 000	4 613 000
Depreciation	68 000	78 000	71 000	82 000
Impairment	0	0	0	0
Expenditure	46 219 000	33 583 000	29 335 000	39 522 000
Operating Profit	9 547 000	5 370 000	5 952 000	8 304 000
Financial Income	0	0	279 000	5 000
Financial Costs	16 000	249 000	48 000	170 000
Financial Balance	−16 000	−249 000	231 000	−165 000
Dividends	0	0	0	5 300 000
Net Income	7 433 000	3 994 000	4 818 000	6 348 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	115 000	97 000	54 000	25 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	87 000	112 000	145 000	192 000
Total Tangible Assets	87 000	112 000	145 000	192 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	202 000	209 000	200 000	216 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 651 000	10 191 000	9 085 000	11 294 000
Total Current Assets	18 072 000	14 512 000	13 314 000	16 780 000
Total Assets	18 274 000	14 721 000	13 514 000	16 996 000
Total Equity	7 571 000	6 438 000	6 944 000	7 426 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 520 000	2 611 000	1 996 000	2 989 000
Unpaid Taxes	707 000	707 000	593 000	968 000
Dividends	0	0	0	5 300 000
Other Current Debt	4 361 000	3 796 000	2 587 000	3 807 000
Total Current Debt	10 703 000	8 283 000	6 570 000	9 571 000
Total Equity and Debt	18 274 000	14 721 000	13 514 000	16 996 000

Financial indicators	2022	2021	2020	2019
Return on Equity	98,18 %	62,04 %	69,38 %	85,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,12 %	13,79 %	16,87 %	17,36 %
Current Ratio	1,69	1,75	2,03	1,75
Quick Ratio	1,69	1,75	2,03	1,75
Equity Ratio	0,41	0,44	0,51	0,44
Gross Profit Margin	36,66 %	35 %	34,2 %	35,56 %