HORTEN EIENDOMSUTVIKLING AS

3188 HORTEN

Finances

Return on Equity

7,45 %

Current Ratio

0,46

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 056 000	1 128 000	931 000	1 213 000
Net Income	436 000	−452 000	−55 000	413 000
Total Assets	9 041 000	15 610 000	21 062 000	10 031 000
Total Equity	5 855 000	4 045 000	5 188 000	6 433 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 056 000	1 128 000	931 000	1 213 000
Expenditure	429 000	588 000	733 000	683 000
Operating Profit	627 000	541 000	198 000	530 000
Financial Income	0	0	81 000	0
Financial Costs	69 000	914 000	349 000	0
Financial Balance	−69 000	−914 000	−268 000	0
Earnings Before Tax	559 000	−373 000	−70 000	530 000
Tax	123 000	78 000	−15 000	117 000
Net Income	436 000	−452 000	−55 000	413 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 231 000	15 271 000	20 736 000	9 037 000
Total Current Assets	811 000	339 000	327 000	994 000
Total Assets	9 041 000	15 610 000	21 062 000	10 031 000
Total Retained Equity	2 271 000	3 066 000	4 210 000	5 455 000
Total Equity	5 855 000	4 045 000	5 188 000	6 433 000
Total Long-Term Debt	1 408 000	8 740 000	14 118 000	2 260 000
Total Current Debt	1 778 000	2 826 000	1 757 000	1 338 000
Total Equity and Debt	9 041 000	15 610 000	21 062 000	10 031 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 000	532 000	260 000	1 213 000
Other Income	1 042 000	596 000	671 000	0
Revenue	1 056 000	1 128 000	931 000	1 213 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	229 000
Depreciation	156 000	154 000	178 000	178 000
Impairment	0	0	0	0
Expenditure	429 000	588 000	733 000	683 000
Operating Profit	627 000	541 000	198 000	530 000
Financial Income	0	0	81 000	0
Financial Costs	69 000	914 000	349 000	0
Financial Balance	−69 000	−914 000	−268 000	0
Dividends	0	0	0	0
Net Income	436 000	−452 000	−55 000	413 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 731 000	7 887 000	8 001 000	8 178 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 731 000	7 887 000	8 001 000	8 178 000
Total Fiancial Fixed Assets	500 000	7 384 000	12 735 000	859 000
Total Fixed Assets	8 231 000	15 271 000	20 736 000	9 037 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	167 000	47 000	160 000	979 000
Total Current Assets	811 000	339 000	327 000	994 000
Total Assets	9 041 000	15 610 000	21 062 000	10 031 000
Total Equity	5 855 000	4 045 000	5 188 000	6 433 000
Short-Term Group Debt	1 593 000	2 414 000	1 526 000	800 000
Total Long-Term Debt	1 408 000	8 740 000	14 118 000	2 260 000
Creditors	54 000	149 000	1 000	88 000
Unpaid Taxes	0	4 000	0	9 000
Dividends	0	0	0	0
Other Current Debt	131 000	259 000	229 000	66 000
Total Current Debt	1 778 000	2 826 000	1 757 000	1 338 000
Total Equity and Debt	9 041 000	15 610 000	21 062 000	10 031 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,45 %	−11,17 %	−1,06 %	6,42 %
Debt-to-Equity Ratio	0,24	2,16	2,72	0,35
Operating Profit Margin	59,38 %	47,96 %	21,27 %	43,69 %
Current Ratio	0,46	0,12	0,19	0,74
Quick Ratio	0,46	0,12	0,19	0,74
Equity Ratio	0,65	0,26	0,25	0,64
Gross Profit Margin	100 %	100 %	100 %	100 %