HVO HORPESTAD HOLDING AS

4341 BRYNE

Finances

Return on Equity

75,35 %

Current Ratio

0,73

Debt-to-Equity Ratio

10,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 200 000	700 000	700 000	700 000
Net Income	599 000	297 000	453 000	11 000
Total Assets	10 532 000	5 405 000	2 984 000	2 996 000
Total Equity	795 000	196 000	−101 000	−554 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 200 000	700 000	700 000	700 000
Expenditure	590 000	910 000	388 000	525 000
Operating Profit	610 000	−210 000	313 000	176 000
Financial Income	512 000	584 000	4 000	4 000
Financial Costs	399 000	112 000	−179 000	166 000
Financial Balance	113 000	472 000	183 000	−162 000
Earnings Before Tax	723 000	262 000	496 000	14 000
Tax	124 000	−35 000	43 000	3 000
Net Income	599 000	297 000	453 000	11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 410 000	4 391 000	2 260 000	2 358 000
Total Current Assets	1 122 000	1 014 000	724 000	638 000
Total Assets	10 532 000	5 405 000	2 984 000	2 996 000
Total Retained Equity	645 000	45 000	−252 000	−704 000
Total Equity	795 000	196 000	−101 000	−554 000
Total Long-Term Debt	8 201 000	4 468 000	2 928 000	3 319 000
Total Current Debt	1 536 000	741 000	157 000	231 000
Total Equity and Debt	10 532 000	5 405 000	2 984 000	2 996 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 200 000	700 000	700 000	700 000
Revenue	1 200 000	700 000	700 000	700 000
Cost of Goods Sold	0	0	13 000	0
Salary Costs	0	0	0	0
Depreciation	338 000	389 000	399 000	399 000
Impairment	0	0	0	0
Expenditure	590 000	910 000	388 000	525 000
Operating Profit	610 000	−210 000	313 000	176 000
Financial Income	512 000	584 000	4 000	4 000
Financial Costs	399 000	112 000	−179 000	166 000
Financial Balance	113 000	472 000	183 000	−162 000
Dividends	0	0	0	0
Net Income	599 000	297 000	453 000	11 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 019 000	3 479 000	1 791 000	2 041 000
Machinery and Plant Facilities	8 000	29 000	166 000	316 000
Fixtures	2 500 000	0	0	0
Total Tangible Assets	8 527 000	3 508 000	1 958 000	2 356 000
Total Fiancial Fixed Assets	883 000	883 000	302 000	2 000
Total Fixed Assets	9 410 000	4 391 000	2 260 000	2 358 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	224 000	655 000	527 000	612 000
Total Current Assets	1 122 000	1 014 000	724 000	638 000
Total Assets	10 532 000	5 405 000	2 984 000	2 996 000
Total Equity	795 000	196 000	−101 000	−554 000
Short-Term Group Debt	493 000	0	0	0
Total Long-Term Debt	8 201 000	4 468 000	2 928 000	3 319 000
Creditors	934 000	658 000	1 000	19 000
Unpaid Taxes	0	0	136 000	211 000
Dividends	0	0	0	0
Other Current Debt	90 000	82 000	0	0
Total Current Debt	1 536 000	741 000	157 000	231 000
Total Equity and Debt	10 532 000	5 405 000	2 984 000	2 996 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,35 %	151,53 %	−448,51 %	−1,99 %
Debt-to-Equity Ratio	10,32	22,8	−28,99	−5,99
Operating Profit Margin	50,83 %	−30 %	44,71 %	25,14 %
Current Ratio	0,73	1,37	4,61	2,76
Quick Ratio	0,73	1,37	4,61	2,76
Equity Ratio	0,08	0,04	−0,03	−0,18
Gross Profit Margin	100 %	100 %	98,14 %	100 %