HORDASPED AS

5141 FYLLINGSDALEN

Finances

Share Ownership

Return on Equity

32,96 %

Current Ratio

2,59

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 023 000	30 215 000	27 748 000	30 198 000
Net Income	3 684 000	3 280 000	2 119 000	2 711 000
Total Assets	17 311 000	14 214 000	14 872 000	14 935 000
Total Equity	11 176 000	7 539 000	7 759 000	5 640 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 023 000	30 215 000	27 748 000	30 198 000
Expenditure	28 245 000	25 970 000	25 034 000	26 749 000
Operating Profit	4 779 000	4 245 000	2 714 000	3 449 000
Financial Income	15 000	1 000	11 000	39 000
Financial Costs	6 000	5 000	8 000	12 000
Financial Balance	9 000	−4 000	3 000	27 000
Earnings Before Tax	4 788 000	4 240 000	2 716 000	3 476 000
Tax	1 104 000	960 000	597 000	765 000
Net Income	3 684 000	3 280 000	2 119 000	2 711 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 010 000	4 403 000	4 876 000	5 853 000
Total Current Assets	13 301 000	9 812 000	9 996 000	9 082 000
Total Assets	17 311 000	14 214 000	14 872 000	14 935 000
Total Retained Equity	9 617 000	5 980 000	6 200 000	4 081 000
Total Equity	11 176 000	7 539 000	7 759 000	5 640 000
Total Long-Term Debt	1 000 000	1 398 000	2 996 000	5 035 000
Total Current Debt	5 135 000	5 278 000	4 117 000	4 261 000
Total Equity and Debt	17 311 000	14 214 000	14 872 000	14 935 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 017 000	29 286 000	27 637 000	30 139 000
Other Income	6 000	928 000	111 000	59 000
Revenue	33 023 000	30 215 000	27 748 000	30 198 000
Cost of Goods Sold	0	0	0	0
Salary Costs	14 235 000	13 560 000	12 228 000	13 754 000
Depreciation	1 539 000	1 755 000	2 308 000	2 567 000
Impairment	0	0	0	0
Expenditure	28 245 000	25 970 000	25 034 000	26 749 000
Operating Profit	4 779 000	4 245 000	2 714 000	3 449 000
Financial Income	15 000	1 000	11 000	39 000
Financial Costs	6 000	5 000	8 000	12 000
Financial Balance	9 000	−4 000	3 000	27 000
Dividends	0	0	0	0
Net Income	3 684 000	3 280 000	2 119 000	2 711 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	576 000	622 000	805 000	732 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	3 337 000	3 579 000	3 767 000	5 077 000
Fixtures	96 000	202 000	304 000	45 000
Total Tangible Assets	3 433 000	3 781 000	4 071 000	5 121 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 010 000	4 403 000	4 876 000	5 853 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 615 000	2 882 000	5 586 000	3 687 000
Total Current Assets	13 301 000	9 812 000	9 996 000	9 082 000
Total Assets	17 311 000	14 214 000	14 872 000	14 935 000
Total Equity	11 176 000	7 539 000	7 759 000	5 640 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000 000	1 398 000	2 996 000	5 035 000
Creditors	415 000	288 000	122 000	117 000
Unpaid Taxes	1 765 000	1 747 000	1 873 000	1 585 000
Dividends	0	0	0	0
Other Current Debt	1 910 000	2 466 000	1 452 000	1 679 000
Total Current Debt	5 135 000	5 278 000	4 117 000	4 261 000
Total Equity and Debt	17 311 000	14 214 000	14 872 000	14 935 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,96 %	43,51 %	27,31 %	48,07 %
Debt-to-Equity Ratio	0,09	0,19	0,39	0,89
Operating Profit Margin	14,47 %	14,05 %	9,78 %	11,42 %
Current Ratio	2,59	1,86	2,43	2,13
Quick Ratio	2,59	1,86	2,43	2,13
Equity Ratio	0,65	0,53	0,52	0,38
Gross Profit Margin	100 %	100 %	100 %	100 %