HORSØY INDUSTRIHAVN AS

4005 STAVANGER

Finances

Share Ownership

Return on Equity

9,9 %

Current Ratio

0,01

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	59 461 000	56 104 000	55 777 000	54 565 000
Net Income	15 879 000	17 063 000	12 482 000	31 199 000
Total Assets	640 178 000	667 248 000	705 392 000	754 912 000
Total Equity	160 444 000	149 232 000	653 152 000	655 554 000

Income (NOK)	2022	2021	2020	2019
Revenue	59 461 000	56 104 000	55 777 000	54 565 000
Expenditure	26 845 000	30 085 000	29 622 000	32 519 000
Operating Profit	32 616 000	26 019 000	26 155 000	22 046 000
Financial Income	45 000	0	0	0
Financial Costs	12 301 000	4 143 000	1 554 000	821 000
Financial Balance	−12 256 000	−4 143 000	−1 554 000	−821 000
Earnings Before Tax	20 360 000	21 876 000	24 601 000	21 225 000
Tax	4 482 000	4 813 000	5 413 000	4 671 000
Net Income	15 879 000	17 063 000	12 482 000	31 199 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	634 024 000	659 845 000	688 351 000	717 832 000
Total Current Assets	6 154 000	7 403 000	17 041 000	37 080 000
Total Assets	640 178 000	667 248 000	705 392 000	754 912 000
Total Retained Equity	11 288 000	77 000	3 997 000	6 399 000
Total Equity	160 444 000	149 232 000	653 152 000	655 554 000
Total Long-Term Debt	29 582 000	29 568 000	30 673 000	31 348 000
Total Current Debt	450 152 000	488 448 000	21 567 000	68 010 000
Total Equity and Debt	640 178 000	667 248 000	705 392 000	754 912 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	59 077 000	0	55 329 000	54 565 000
Other Income	384 000	56 104 000	448 000	0
Revenue	59 461 000	56 104 000	55 777 000	54 565 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	22 855 000	29 479 000	29 482 000	29 491 000
Impairment	0	0	0	0
Expenditure	26 845 000	30 085 000	29 622 000	32 519 000
Operating Profit	32 616 000	26 019 000	26 155 000	22 046 000
Financial Income	45 000	0	0	0
Financial Costs	12 301 000	4 143 000	1 554 000	821 000
Financial Balance	−12 256 000	−4 143 000	−1 554 000	−821 000
Dividends	0	0	0	0
Net Income	15 879 000	17 063 000	12 482 000	31 199 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	633 224 000	653 917 000	674 199 000	694 450 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	799 000	5 928 000	14 152 000	23 382 000
Total Tangible Assets	634 023 000	659 845 000	688 351 000	717 832 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	634 024 000	659 845 000	688 351 000	717 832 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	6 154 000	7 403 000	17 041 000	37 080 000
Total Assets	640 178 000	667 248 000	705 392 000	754 912 000
Total Equity	160 444 000	149 232 000	653 152 000	655 554 000
Short-Term Group Debt	428 606 000	458 092 000	155 000	20 983 000
Total Long-Term Debt	29 582 000	29 568 000	30 673 000	31 348 000
Creditors	16 085 000	3 455 000	50 000	103 000
Unpaid Taxes	2 310 000	0	2 280 000	5 105 000
Dividends	0	0	0	0
Other Current Debt	0	26 901 000	19 082 000	41 819 000
Total Current Debt	450 152 000	488 448 000	21 567 000	68 010 000
Total Equity and Debt	640 178 000	667 248 000	705 392 000	754 912 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,9 %	11,43 %	1,91 %	4,76 %
Debt-to-Equity Ratio	0,18	0,2	0,05	0,05
Operating Profit Margin	54,85 %	46,38 %	46,89 %	40,4 %
Current Ratio	0,01	0,02	0,79	0,55
Quick Ratio	0,01	0,02	0,79	0,55
Equity Ratio	0,25	0,22	0,93	0,87
Gross Profit Margin	100 %	100 %	100 %	100 %