HORVA NORDNORSK LANDBRUKSUTSTILLING

Share Ownership

Return on Equity

19,13 %

Current Ratio

1,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 239 000	−4 000	0	1 536 000
Net Income	75 000	−147 000	−90 000	358 000
Total Assets	817 000	317 000	484 000	996 000
Total Equity	392 000	317 000	464 000	554 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 239 000	−4 000	0	1 536 000
Expenditure	1 163 000	143 000	91 000	1 176 000
Operating Profit	75 000	−147 000	−90 000	361 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	2 000
Financial Balance	−1 000	0	0	−2 000
Earnings Before Tax	75 000	−147 000	−90 000	358 000
Tax	0	0	0	0
Net Income	75 000	−147 000	−90 000	358 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000	37 000	64 000	90 000
Total Current Assets	816 000	281 000	420 000	905 000
Total Assets	817 000	317 000	484 000	996 000
Total Retained Equity	292 000	217 000	364 000	454 000
Total Equity	392 000	317 000	464 000	554 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	425 000	0	20 000	442 000
Total Equity and Debt	817 000	317 000	484 000	996 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	782 000	−4 000	0	862 000
Other Income	457 000	0	0	675 000
Revenue	1 239 000	−4 000	0	1 536 000
Cost of Goods Sold	176 000	0	1 000	181 000
Salary Costs	63 000	0	−7 000	60 000
Depreciation	18 000	27 000	27 000	22 000
Impairment	0	0	0	0
Expenditure	1 163 000	143 000	91 000	1 176 000
Operating Profit	75 000	−147 000	−90 000	361 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	2 000
Financial Balance	−1 000	0	0	−2 000
Dividends	0	0	0	0
Net Income	75 000	−147 000	−90 000	358 000

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	1 000	37 000	64 000	90 000
Total Tangible Assets	1 000	37 000	64 000	90 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 000	37 000	64 000	90 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	281 000	252 000	249 000	289 000
Total Current Assets	816 000	281 000	420 000	905 000
Total Assets	817 000	317 000	484 000	996 000
Total Equity	392 000	317 000	464 000	554 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	352 000	0	3 000	300 000
Unpaid Taxes	24 000	0	16 000	29 000
Dividends	0	0	0	0
Other Current Debt	48 000	0	0	113 000
Total Current Debt	425 000	0	20 000	442 000
Total Equity and Debt	817 000	317 000	484 000	996 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,13 %	−46,37 %	−19,4 %	64,62 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,05 %	3 675 %	-	23,5 %
Current Ratio	1,92	-	21	2,05
Quick Ratio	1,92	-	21	2,05
Equity Ratio	0,48	1	0,96	0,56
Gross Profit Margin	85,79 %	100 %	-	88,22 %