HORNET BORETTSLAG

5004 BERGEN

Finances

Share Ownership

Return on Equity

3,7 %

Current Ratio

5,2

Debt-to-Equity Ratio

1,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 553 000	12 897 000	17 922 000	16 227 000
Net Income	5 463 000	4 448 000	10 016 000	7 986 000
Total Assets	349 286 000	349 997 000	351 369 000	351 206 000
Total Equity	147 638 000	142 175 000	137 727 000	127 710 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 553 000	12 897 000	17 922 000	16 227 000
Expenditure	5 919 000	6 131 000	4 873 000	4 349 000
Operating Profit	8 635 000	6 766 000	13 050 000	11 877 000
Financial Income	12 000	4 000	19 000	19 000
Financial Costs	−3 172 000	−2 318 000	−3 033 000	−3 891 000
Financial Balance	3 184 000	2 322 000	3 052 000	3 910 000
Earnings Before Tax	5 463 000	4 448 000	10 016 000	7 986 000
Tax	0	0	0	0
Net Income	5 463 000	4 448 000	10 016 000	7 986 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	347 538 000	347 538 000	347 103 000	346 951 000
Total Current Assets	1 748 000	2 458 000	4 266 000	4 255 000
Total Assets	349 286 000	349 997 000	351 369 000	351 206 000
Total Retained Equity	146 828 000	141 365 000	136 917 000	126 900 000
Total Equity	147 638 000	142 175 000	137 727 000	127 710 000
Total Long-Term Debt	201 312 000	207 375 000	213 336 000	223 422 000
Total Current Debt	336 000	447 000	306 000	74 000
Total Equity and Debt	349 286 000	349 997 000	351 369 000	351 206 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	14 553 000	12 897 000	17 922 000	16 227 000
Revenue	14 553 000	12 897 000	17 922 000	16 227 000
Cost of Goods Sold	0	0	0	0
Salary Costs	466 000	384 000	341 000	381 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 919 000	6 131 000	4 873 000	4 349 000
Operating Profit	8 635 000	6 766 000	13 050 000	11 877 000
Financial Income	12 000	4 000	19 000	19 000
Financial Costs	−3 172 000	−2 318 000	−3 033 000	−3 891 000
Financial Balance	3 184 000	2 322 000	3 052 000	3 910 000
Dividends	0	0	0	0
Net Income	5 463 000	4 448 000	10 016 000	7 986 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	347 103 000	347 103 000	347 103 000	346 951 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	436 000	436 000	0	0
Total Tangible Assets	347 538 000	347 538 000	347 103 000	346 951 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	347 538 000	347 538 000	347 103 000	346 951 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 512 000	2 307 000	4 014 000	4 085 000
Total Current Assets	1 748 000	2 458 000	4 266 000	4 255 000
Total Assets	349 286 000	349 997 000	351 369 000	351 206 000
Total Equity	147 638 000	142 175 000	137 727 000	127 710 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	201 312 000	207 375 000	213 336 000	223 422 000
Creditors	251 000	236 000	266 000	52 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	85 000	212 000	40 000	22 000
Total Current Debt	336 000	447 000	306 000	74 000
Total Equity and Debt	349 286 000	349 997 000	351 369 000	351 206 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,7 %	3,13 %	7,27 %	6,25 %
Debt-to-Equity Ratio	1,36	1,46	1,55	1,75
Operating Profit Margin	59,33 %	52,46 %	72,82 %	73,19 %
Current Ratio	5,2	5,5	13,94	57,5
Quick Ratio	5,2	5,5	13,94	57,5
Equity Ratio	0,42	0,41	0,39	0,36
Gross Profit Margin	100 %	100 %	100 %	100 %