HORSEVIK HOLDING AS

6815 FØRDE

Finances

Return on Equity

11,24 %

Current Ratio

12,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	137 000	134 000	10 000	0
Net Income	872 000	863 000	889 000	461 000
Total Assets	8 189 000	7 524 000	6 840 000	5 947 000
Total Equity	7 759 000	7 287 000	6 624 000	5 935 000

Income (NOK)	2022	2021	2020	2019
Revenue	137 000	134 000	10 000	0
Expenditure	221 000	209 000	64 000	26 000
Operating Profit	−85 000	−76 000	−54 000	−26 000
Financial Income	956 000	936 000	948 000	494 000
Financial Costs	0	0	0	0
Financial Balance	956 000	936 000	948 000	494 000
Earnings Before Tax	871 000	860 000	893 000	468 000
Tax	0	−3 000	4 000	7 000
Net Income	872 000	863 000	889 000	461 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 218 000	3 532 000	3 876 000	2 934 000
Total Current Assets	4 971 000	3 992 000	2 964 000	3 013 000
Total Assets	8 189 000	7 524 000	6 840 000	5 947 000
Total Retained Equity	7 180 000	6 708 000	6 045 000	5 356 000
Total Equity	7 759 000	7 287 000	6 624 000	5 935 000
Total Long-Term Debt	22 000	22 000	14 000	3 000
Total Current Debt	408 000	215 000	202 000	9 000
Total Equity and Debt	8 189 000	7 524 000	6 840 000	5 947 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	137 000	134 000	10 000	0
Other Income	0	0	0	0
Revenue	137 000	134 000	10 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	164 000	164 000	27 000	0
Impairment	0	0	0	0
Expenditure	221 000	209 000	64 000	26 000
Operating Profit	−85 000	−76 000	−54 000	−26 000
Financial Income	956 000	936 000	948 000	494 000
Financial Costs	0	0	0	0
Financial Balance	956 000	936 000	948 000	494 000
Dividends	400 000	200 000	0	120 000
Net Income	872 000	863 000	889 000	461 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	467 000	467 000	467 000	467 000
Machinery and Plant Facilities	794 000	958 000	1 123 000	0
Fixtures	0	0	0	0
Total Tangible Assets	1 261 000	1 425 000	1 589 000	467 000
Total Fiancial Fixed Assets	1 957 000	2 107 000	2 287 000	2 467 000
Total Fixed Assets	3 218 000	3 532 000	3 876 000	2 934 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 071 000	3 076 000	1 755 000	2 563 000
Total Current Assets	4 971 000	3 992 000	2 964 000	3 013 000
Total Assets	8 189 000	7 524 000	6 840 000	5 947 000
Total Equity	7 759 000	7 287 000	6 624 000	5 935 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 000	22 000	14 000	3 000
Creditors	3 000	9 000	2 000	2 000
Unpaid Taxes	5 000	7 000	0	0
Dividends	400 000	200 000	0	120 000
Other Current Debt	400 000	200 000	200 000	0
Total Current Debt	408 000	215 000	202 000	9 000
Total Equity and Debt	8 189 000	7 524 000	6 840 000	5 947 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,24 %	11,84 %	13,42 %	7,77 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−62,04 %	−56,72 %	−540 %	-
Current Ratio	12,18	18,57	14,67	334,78
Quick Ratio	12,18	18,57	14,67	334,78
Equity Ratio	0,95	0,97	0,97	1
Gross Profit Margin	100 %	100 %	100 %	-