SAMEIET HORISONT HAFRSFJORD

4017 STAVANGER

Finances

Share Ownership

Return on Equity

19,13 %

Current Ratio

7,22

Debt-to-Equity Ratio

Key figures (NOK)	2015	2014	2013	2012
Revenue	271 000	260 000	245 000	246 000
Net Income	44 000	51 000	45 000	5 000
Total Assets	267 000	237 000	185 000	140 000
Total Equity	230 000	187 000	136 000	91 000

Income (NOK)	2015	2014	2013	2012
Revenue	271 000	260 000	245 000	246 000
Expenditure	229 000	212 000	202 000	244 000
Operating Profit	41 000	47 000	44 000	2 000
Financial Income	2 000	3 000	1 000	3 000
Financial Costs	0	0	0	0
Financial Balance	2 000	3 000	1 000	3 000
Earnings Before Tax	44 000	51 000	45 000	5 000
Tax	0	0	0	0
Net Income	44 000	51 000	45 000	5 000

Balance (NOK)	2015	2014	2013	2012
Total Fixed Assets	0	0	0	0
Total Current Assets	267 000	237 000	185 000	140 000
Total Assets	267 000	237 000	185 000	140 000
Total Retained Equity	230 000	187 000	136 000	91 000
Total Equity	230 000	187 000	136 000	91 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	37 000	50 000	49 000	49 000
Total Equity and Debt	267 000	237 000	185 000	140 000

Cash flow (NOK)	2015	2014	2013	2012
Sales Income	0	0	0	0
Other Income	271 000	260 000	245 000	246 000
Revenue	271 000	260 000	245 000	246 000
Cost of Goods Sold	0	0	1 000	0
Salary Costs	47 000	38 000	36 000	36 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	229 000	212 000	202 000	244 000
Operating Profit	41 000	47 000	44 000	2 000
Financial Income	2 000	3 000	1 000	3 000
Financial Costs	0	0	0	0
Financial Balance	2 000	3 000	1 000	3 000
Dividends	0	0	0	0
Net Income	44 000	51 000	45 000	5 000

Balance details (NOK)	2015	2014	2013	2012
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	266 000	212 000	166 000	122 000
Total Current Assets	267 000	237 000	185 000	140 000
Total Assets	267 000	237 000	185 000	140 000
Total Equity	230 000	187 000	136 000	91 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	16 000	21 000	19 000	40 000
Unpaid Taxes	8 000	3 000	1 000	1 000
Dividends	0	0	0	0
Other Current Debt	13 000	26 000	29 000	9 000
Total Current Debt	37 000	50 000	49 000	49 000
Total Equity and Debt	267 000	237 000	185 000	140 000

Financial indicators	2015	2014	2013	2012
Return on Equity	19,13 %	27,27 %	33,09 %	5,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,13 %	18,08 %	17,96 %	0,81 %
Current Ratio	7,22	4,74	3,78	2,86
Quick Ratio	7,22	4,74	3,78	2,86
Equity Ratio	0,86	0,79	0,74	0,65
Gross Profit Margin	100 %	100 %	99,59 %	100 %