HORNELANDSVEGEN 154 AS

5411 STORD

Finances

Share Ownership

Return on Equity

−25,31 %

Current Ratio

127,59

Debt-to-Equity Ratio

17,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 008 000	639 000	308 000	286 000
Net Income	−468 000	268 000	55 000	−2 000
Total Assets	35 342 000	35 521 000	33 960 000	32 842 000
Total Equity	1 849 000	2 317 000	2 049 000	1 994 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 008 000	639 000	308 000	286 000
Expenditure	253 000	299 000	242 000	288 000
Operating Profit	755 000	340 000	67 000	−2 000
Financial Income	4 000	4 000	4 000	0
Financial Costs	1 359 000	0	0	0
Financial Balance	−1 355 000	4 000	4 000	0
Earnings Before Tax	−600 000	344 000	70 000	−2 000
Tax	−132 000	76 000	15 000	0
Net Income	−468 000	268 000	55 000	−2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	35 342 000	35 521 000	33 960 000	32 842 000
Total Assets	35 342 000	35 521 000	33 960 000	32 842 000
Total Retained Equity	749 000	1 217 000	949 000	894 000
Total Equity	1 849 000	2 317 000	2 049 000	1 994 000
Total Long-Term Debt	33 216 000	32 990 000	31 818 000	30 731 000
Total Current Debt	277 000	214 000	92 000	117 000
Total Equity and Debt	35 342 000	35 521 000	33 960 000	32 842 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	43 000	37 000	116 000
Other Income	1 008 000	596 000	270 000	171 000
Revenue	1 008 000	639 000	308 000	286 000
Cost of Goods Sold	59 000	43 000	43 000	88 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	253 000	299 000	242 000	288 000
Operating Profit	755 000	340 000	67 000	−2 000
Financial Income	4 000	4 000	4 000	0
Financial Costs	1 359 000	0	0	0
Financial Balance	−1 355 000	4 000	4 000	0
Dividends	0	0	0	0
Net Income	−468 000	268 000	55 000	−2 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	35 249 000	35 249 000	33 937 000	32 742 000
Total Investments	0	0	0	0
Cash, Bank	74 000	268 000	20 000	0
Total Current Assets	35 342 000	35 521 000	33 960 000	32 842 000
Total Assets	35 342 000	35 521 000	33 960 000	32 842 000
Total Equity	1 849 000	2 317 000	2 049 000	1 994 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	33 216 000	32 990 000	31 818 000	30 731 000
Creditors	34 000	85 000	30 000	44 000
Unpaid Taxes	203 000	97 000	32 000	18 000
Dividends	0	0	0	0
Other Current Debt	41 000	32 000	30 000	54 000
Total Current Debt	277 000	214 000	92 000	117 000
Total Equity and Debt	35 342 000	35 521 000	33 960 000	32 842 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−25,31 %	11,57 %	2,68 %	−0,1 %
Debt-to-Equity Ratio	17,96	14,24	15,53	15,41
Operating Profit Margin	74,9 %	53,21 %	21,75 %	−0,7 %
Current Ratio	127,59	165,99	369,13	280,7
Quick Ratio	−1,01	−1,01	−1	−1,01
Equity Ratio	0,05	0,07	0,06	0,06
Gross Profit Margin	94,15 %	93,27 %	86,04 %	69,23 %