HORSEPOWER NORGE LIMITED

2240 MAGNOR

Finances

Share Ownership

Return on Equity

7,69 %

Current Ratio

1,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	615 000	593 000	440 000	386 000
Net Income	3 000	3 000	51 000	13 000
Total Assets	84 000	106 000	102 000	77 000
Total Equity	39 000	39 000	35 000	−61 000

Income (NOK)	2022	2021	2020	2019
Revenue	615 000	593 000	440 000	386 000
Expenditure	612 000	582 000	389 000	371 000
Operating Profit	3 000	11 000	51 000	13 000
Financial Income	0	0	0	0
Financial Costs	0	8 000	0	0
Financial Balance	0	−8 000	0	0
Earnings Before Tax	3 000	3 000	51 000	13 000
Tax	0	0	0	0
Net Income	3 000	3 000	51 000	13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 000	10 000	12 000	15 000
Total Current Assets	76 000	97 000	90 000	62 000
Total Assets	84 000	106 000	102 000	77 000
Total Retained Equity	0	0	0	0
Total Equity	39 000	39 000	35 000	−61 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	45 000	68 000	66 000	138 000
Total Equity and Debt	84 000	106 000	102 000	77 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	615 000	593 000	440 000	386 000
Other Income	0	0	0	0
Revenue	615 000	593 000	440 000	386 000
Cost of Goods Sold	102 000	105 000	36 000	48 000
Salary Costs	153 000	173 000	122 000	112 000
Depreciation	2 000	3 000	3 000	4 000
Impairment	0	0	0	0
Expenditure	612 000	582 000	389 000	371 000
Operating Profit	3 000	11 000	51 000	13 000
Financial Income	0	0	0	0
Financial Costs	0	8 000	0	0
Financial Balance	0	−8 000	0	0
Dividends	0	0	0	0
Net Income	3 000	3 000	51 000	13 000

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	8 000	10 000	12 000	15 000
Fixtures	0	0	0	0
Total Tangible Assets	8 000	10 000	12 000	15 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 000	10 000	12 000	15 000
Stock	11 000	34 000	33 000	12 000
Total Investments	0	0	0	0
Cash, Bank	26 000	19 000	24 000	21 000
Total Current Assets	76 000	97 000	90 000	62 000
Total Assets	84 000	106 000	102 000	77 000
Total Equity	39 000	39 000	35 000	−61 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	21 000	55 000	37 000	15 000
Unpaid Taxes	24 000	9 000	26 000	9 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	114 000
Total Current Debt	45 000	68 000	66 000	138 000
Total Equity and Debt	84 000	106 000	102 000	77 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,69 %	7,69 %	145,71 %	−21,31 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	0,49 %	1,85 %	11,59 %	3,37 %
Current Ratio	1,69	1,43	1,36	0,45
Quick Ratio	2,24	2,85	2,73	0,49
Equity Ratio	0,46	0,37	0,34	−0,79
Gross Profit Margin	83,41 %	82,29 %	91,82 %	87,56 %