ESPEN HORN AS

0280 OSLO

Finances

Return on Equity

58,26 %

Current Ratio

1,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 218 000	3 306 000	2 339 000	2 416 000
Net Income	991 000	1 690 000	362 000	641 000
Total Assets	3 146 000	4 417 000	3 787 000	4 146 000
Total Equity	1 701 000	1 711 000	2 021 000	2 658 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 218 000	3 306 000	2 339 000	2 416 000
Expenditure	2 048 000	2 070 000	1 895 000	1 790 000
Operating Profit	170 000	1 236 000	444 000	626 000
Financial Income	963 000	739 000	26 000	118 000
Financial Costs	76 000	1 000	3 000	9 000
Financial Balance	887 000	738 000	23 000	109 000
Earnings Before Tax	1 057 000	1 974 000	468 000	734 000
Tax	66 000	284 000	106 000	94 000
Net Income	991 000	1 690 000	362 000	641 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 542 000	1 727 000	1 759 000	1 802 000
Total Current Assets	1 603 000	2 690 000	2 028 000	2 344 000
Total Assets	3 146 000	4 417 000	3 787 000	4 146 000
Total Retained Equity	1 501 000	1 511 000	1 821 000	2 458 000
Total Equity	1 701 000	1 711 000	2 021 000	2 658 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 444 000	2 706 000	1 766 000	1 487 000
Total Equity and Debt	3 146 000	4 417 000	3 787 000	4 146 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 218 000	3 306 000	2 339 000	2 416 000
Other Income	0	0	0	0
Revenue	2 218 000	3 306 000	2 339 000	2 416 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 860 000	1 799 000	1 589 000	1 350 000
Depreciation	32 000	32 000	32 000	63 000
Impairment	0	0	0	0
Expenditure	2 048 000	2 070 000	1 895 000	1 790 000
Operating Profit	170 000	1 236 000	444 000	626 000
Financial Income	963 000	739 000	26 000	118 000
Financial Costs	76 000	1 000	3 000	9 000
Financial Balance	887 000	738 000	23 000	109 000
Dividends	1 000 000	2 000 000	1 000 000	1 350 000
Net Income	991 000	1 690 000	362 000	641 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	11 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	32 000	63 000	95 000
Total Tangible Assets	0	32 000	63 000	95 000
Total Fiancial Fixed Assets	1 542 000	1 695 000	1 695 000	1 695 000
Total Fixed Assets	1 542 000	1 727 000	1 759 000	1 802 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	517 000	2 299 000	1 722 000	2 171 000
Total Current Assets	1 603 000	2 690 000	2 028 000	2 344 000
Total Assets	3 146 000	4 417 000	3 787 000	4 146 000
Total Equity	1 701 000	1 711 000	2 021 000	2 658 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	10 000	14 000	9 000
Unpaid Taxes	208 000	324 000	359 000	165 000
Dividends	1 000 000	2 000 000	1 000 000	1 350 000
Other Current Debt	163 000	1 088 000	287 000	219 000
Total Current Debt	1 444 000	2 706 000	1 766 000	1 487 000
Total Equity and Debt	3 146 000	4 417 000	3 787 000	4 146 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,26 %	98,77 %	17,91 %	24,12 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,66 %	37,39 %	18,98 %	25,91 %
Current Ratio	1,11	0,99	1,15	1,58
Quick Ratio	1,11	0,99	1,15	1,58
Equity Ratio	0,54	0,39	0,53	0,64
Gross Profit Margin	100 %	100 %	100 %	100 %