HORGVIN SAMDRIFT AS

2693 NORDBERG

Finances

Share Ownership

Return on Equity

−5,94 %

Current Ratio

1,53

Debt-to-Equity Ratio

3,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 046 000	4 823 000	4 093 000	3 649 000
Net Income	−39 000	34 000	−212 000	−421 000
Total Assets	3 921 000	4 440 000	4 914 000	5 015 000
Total Equity	657 000	696 000	261 000	473 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 046 000	4 823 000	4 093 000	3 649 000
Expenditure	3 998 000	4 676 000	4 231 000	4 035 000
Operating Profit	47 000	146 000	−137 000	−385 000
Financial Income	6 000	5 000	5 000	5 000
Financial Costs	103 000	107 000	141 000	158 000
Financial Balance	−97 000	−102 000	−136 000	−153 000
Earnings Before Tax	−50 000	44 000	−273 000	−539 000
Tax	−11 000	10 000	−61 000	−119 000
Net Income	−39 000	34 000	−212 000	−421 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 843 000	3 041 000	3 360 000	3 583 000
Total Current Assets	1 079 000	1 399 000	1 554 000	1 432 000
Total Assets	3 921 000	4 440 000	4 914 000	5 015 000
Total Retained Equity	−93 000	−54 000	−439 000	−227 000
Total Equity	657 000	696 000	261 000	473 000
Total Long-Term Debt	2 560 000	2 799 000	2 572 000	2 660 000
Total Current Debt	705 000	945 000	2 080 000	1 882 000
Total Equity and Debt	3 921 000	4 440 000	4 914 000	5 015 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 206 000	4 180 000	3 394 000	3 072 000
Other Income	839 000	643 000	700 000	577 000
Revenue	4 046 000	4 823 000	4 093 000	3 649 000
Cost of Goods Sold	2 021 000	2 372 000	1 996 000	1 883 000
Salary Costs	907 000	1 182 000	1 363 000	1 292 000
Depreciation	309 000	309 000	310 000	329 000
Impairment	0	0	0	0
Expenditure	3 998 000	4 676 000	4 231 000	4 035 000
Operating Profit	47 000	146 000	−137 000	−385 000
Financial Income	6 000	5 000	5 000	5 000
Financial Costs	103 000	107 000	141 000	158 000
Financial Balance	−97 000	−102 000	−136 000	−153 000
Dividends	0	0	0	0
Net Income	−39 000	34 000	−212 000	−421 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	297 000	286 000	295 000	234 000
Real Eastate	2 432 000	2 613 000	2 894 000	3 176 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	102 000	130 000	158 000	161 000
Total Tangible Assets	2 534 000	2 743 000	3 052 000	3 337 000
Total Fiancial Fixed Assets	12 000	12 000	12 000	12 000
Total Fixed Assets	2 843 000	3 041 000	3 360 000	3 583 000
Stock	889 000	1 100 000	1 245 000	1 189 000
Total Investments	0	0	0	0
Cash, Bank	40 000	49 000	61 000	0
Total Current Assets	1 079 000	1 399 000	1 554 000	1 432 000
Total Assets	3 921 000	4 440 000	4 914 000	5 015 000
Total Equity	657 000	696 000	261 000	473 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 560 000	2 799 000	2 572 000	2 660 000
Creditors	153 000	347 000	535 000	407 000
Unpaid Taxes	51 000	221 000	150 000	90 000
Dividends	0	0	0	0
Other Current Debt	112 000	228 000	238 000	189 000
Total Current Debt	705 000	945 000	2 080 000	1 882 000
Total Equity and Debt	3 921 000	4 440 000	4 914 000	5 015 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,94 %	4,89 %	−81,23 %	−89,01 %
Debt-to-Equity Ratio	3,9	4,02	9,85	5,62
Operating Profit Margin	1,16 %	3,03 %	−3,35 %	−10,55 %
Current Ratio	1,53	1,48	0,75	0,76
Quick Ratio	−5,86	−9,03	1,86	2,07
Equity Ratio	0,17	0,16	0,05	0,09
Gross Profit Margin	50,05 %	50,82 %	51,23 %	48,4 %