HORNI HOLDING AS

1339 VØYENENGA

Finances

Return on Equity

10,92 %

Current Ratio

2,82

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 032 678 000	1 978 789 000	1 863 785 000	1 425 681 000
Net Income	68 219 000	158 573 000	155 006 000	60 327 000
Total Assets	949 395 000	949 791 000	809 319 000	581 711 000
Total Equity	624 971 000	556 752 000	473 179 000	326 173 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 032 678 000	1 978 789 000	1 863 785 000	1 425 681 000
Expenditure	1 935 231 000	1 819 696 000	1 711 128 000	1 379 762 000
Operating Profit	97 447 000	159 094 000	152 656 000	45 919 000
Financial Income	14 724 000	55 451 000	55 725 000	40 645 000
Financial Costs	18 461 000	20 025 000	14 420 000	15 815 000
Financial Balance	−3 737 000	35 426 000	41 305 000	24 830 000
Earnings Before Tax	93 711 000	194 520 000	193 961 000	70 748 000
Tax	25 492 000	35 947 000	38 955 000	10 421 000
Net Income	68 219 000	158 573 000	155 006 000	60 327 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	143 477 000	158 742 000	142 314 000	112 258 000
Total Current Assets	805 918 000	791 049 000	667 005 000	469 453 000
Total Assets	949 395 000	949 791 000	809 319 000	581 711 000
Total Retained Equity	622 001 000	553 782 000	470 209 000	322 546 000
Total Equity	624 971 000	556 752 000	473 179 000	326 173 000
Total Long-Term Debt	38 889 000	44 444 000	50 000 000	0
Total Current Debt	285 535 000	348 594 000	286 140 000	255 538 000
Total Equity and Debt	949 395 000	949 791 000	809 319 000	581 711 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 031 805 000	1 978 447 000	1 863 785 000	1 425 681 000
Other Income	873 000	342 000	0	0
Revenue	2 032 678 000	1 978 789 000	1 863 785 000	1 425 681 000
Cost of Goods Sold	1 252 015 000	1 202 254 000	1 140 935 000	925 070 000
Salary Costs	251 485 000	241 158 000	220 945 000	178 769 000
Depreciation	38 112 000	39 124 000	31 866 000	23 585 000
Impairment	0	0	0	0
Expenditure	1 935 231 000	1 819 696 000	1 711 128 000	1 379 762 000
Operating Profit	97 447 000	159 094 000	152 656 000	45 919 000
Financial Income	14 724 000	55 451 000	55 725 000	40 645 000
Financial Costs	18 461 000	20 025 000	14 420 000	15 815 000
Financial Balance	−3 737 000	35 426 000	41 305 000	24 830 000
Dividends	11 000 000	75 000 000	8 000 000	0
Net Income	68 219 000	158 573 000	155 006 000	60 327 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 947 000	11 305 000	9 153 000	2 257 000
Real Eastate	35 660 000	26 970 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	94 570 000	120 137 000	116 411 000	94 448 000
Total Tangible Assets	130 230 000	147 107 000	116 411 000	94 448 000
Total Fiancial Fixed Assets	1 300 000	330 000	16 750 000	15 553 000
Total Fixed Assets	143 477 000	158 742 000	142 314 000	112 258 000
Stock	544 237 000	475 342 000	342 933 000	299 605 000
Total Investments	152 528 000	164 808 000	78 256 000	66 060 000
Cash, Bank	43 220 000	21 170 000	164 756 000	45 614 000
Total Current Assets	805 918 000	791 049 000	667 005 000	469 453 000
Total Assets	949 395 000	949 791 000	809 319 000	581 711 000
Total Equity	624 971 000	556 752 000	473 179 000	326 173 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	38 889 000	44 444 000	50 000 000	0
Creditors	157 668 000	156 115 000	154 362 000	131 649 000
Unpaid Taxes	50 444 000	47 573 000	50 750 000	36 763 000
Dividends	11 000 000	75 000 000	8 000 000	0
Other Current Debt	51 963 000	97 716 000	41 090 000	26 651 000
Total Current Debt	285 535 000	348 594 000	286 140 000	255 538 000
Total Equity and Debt	949 395 000	949 791 000	809 319 000	581 711 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,92 %	28,48 %	32,76 %	18,5 %
Debt-to-Equity Ratio	0,06	0,08	0,11	0
Operating Profit Margin	4,79 %	8,04 %	8,19 %	3,22 %
Current Ratio	2,82	2,27	2,33	1,84
Quick Ratio	−3,12	−6,24	−11,74	−10,65
Equity Ratio	0,66	0,59	0,58	0,56
Gross Profit Margin	38,41 %	39,24 %	38,78 %	35,11 %