HORNEMAN AS

3158 ANDEBU

Finances

Share Ownership

Return on Equity

2,37 %

Current Ratio

7,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	324 000	357 000	346 000	360 000
Net Income	69 000	99 000	50 000	120 000
Total Assets	2 934 000	2 880 000	2 861 000	3 035 000
Total Equity	2 915 000	2 846 000	2 747 000	2 947 000

Income (NOK)	2022	2021	2020	2019
Revenue	324 000	357 000	346 000	360 000
Expenditure	236 000	225 000	281 000	205 000
Operating Profit	88 000	132 000	64 000	155 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	88 000	132 000	64 000	154 000
Tax	19 000	33 000	14 000	34 000
Net Income	69 000	99 000	50 000	120 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 791 000	2 791 000	2 828 000	2 816 000
Total Current Assets	143 000	89 000	33 000	219 000
Total Assets	2 934 000	2 880 000	2 861 000	3 035 000
Total Retained Equity	630 000	561 000	462 000	662 000
Total Equity	2 915 000	2 846 000	2 747 000	2 947 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	19 000	34 000	114 000	88 000
Total Equity and Debt	2 934 000	2 880 000	2 861 000	3 035 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	14 000	40 000	0
Other Income	324 000	343 000	306 000	360 000
Revenue	324 000	357 000	346 000	360 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	1 000
Depreciation	0	7 000	16 000	16 000
Impairment	0	0	0	0
Expenditure	236 000	225 000	281 000	205 000
Operating Profit	88 000	132 000	64 000	155 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	250 000	0
Net Income	69 000	99 000	50 000	120 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	4 000	1 000
Real Eastate	2 791 000	2 791 000	2 791 000	2 791 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	7 000	23 000
Total Tangible Assets	2 791 000	2 791 000	2 798 000	2 814 000
Total Fiancial Fixed Assets	0	0	26 000	0
Total Fixed Assets	2 791 000	2 791 000	2 828 000	2 816 000
Stock	0	0	0	26 000
Total Investments	0	0	0	0
Cash, Bank	71 000	24 000	3 000	116 000
Total Current Assets	143 000	89 000	33 000	219 000
Total Assets	2 934 000	2 880 000	2 861 000	3 035 000
Total Equity	2 915 000	2 846 000	2 747 000	2 947 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	15 000	19 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	250 000	0
Other Current Debt	0	4 000	83 000	33 000
Total Current Debt	19 000	34 000	114 000	88 000
Total Equity and Debt	2 934 000	2 880 000	2 861 000	3 035 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,37 %	3,48 %	1,82 %	4,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	27,16 %	36,97 %	18,5 %	43,06 %
Current Ratio	7,53	2,62	0,29	2,49
Quick Ratio	7,53	2,62	0,29	3,53
Equity Ratio	0,99	0,99	0,96	0,97
Gross Profit Margin	100 %	100 %	100 %	100 %