HORTEN INVEST AS

3181 HORTEN

Finances

Return on Equity

−0,94 %

Current Ratio

0,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	741 000	499 000	420 000	1 262 000
Net Income	−15 000	2 180 000	−34 000	−433 000
Total Assets	3 874 000	3 796 000	3 880 000	3 506 000
Total Equity	1 604 000	1 618 000	−562 000	−528 000

Income (NOK)	2022	2021	2020	2019
Revenue	741 000	499 000	420 000	1 262 000
Expenditure	591 000	748 000	214 000	1 478 000
Operating Profit	150 000	−250 000	207 000	−216 000
Financial Income	0	2 500 000	0	3 000
Financial Costs	164 000	70 000	241 000	220 000
Financial Balance	−164 000	2 430 000	−241 000	−217 000
Earnings Before Tax	−15 000	2 180 000	−34 000	−433 000
Tax	0	0	0	0
Net Income	−15 000	2 180 000	−34 000	−433 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 890 000	1 841 000	1 774 000	1 890 000
Total Current Assets	1 985 000	1 955 000	2 106 000	1 616 000
Total Assets	3 874 000	3 796 000	3 880 000	3 506 000
Total Retained Equity	1 504 000	1 518 000	−662 000	−628 000
Total Equity	1 604 000	1 618 000	−562 000	−528 000
Total Long-Term Debt	0	0	1 000 000	1 000 000
Total Current Debt	2 271 000	2 178 000	3 442 000	3 034 000
Total Equity and Debt	3 874 000	3 796 000	3 880 000	3 506 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	473 000	483 000	420 000	1 262 000
Other Income	269 000	16 000	0	0
Revenue	741 000	499 000	420 000	1 262 000
Cost of Goods Sold	414 000	325 000	1 000	989 000
Salary Costs	0	0	0	0
Depreciation	48 000	133 000	116 000	115 000
Impairment	0	0	0	0
Expenditure	591 000	748 000	214 000	1 478 000
Operating Profit	150 000	−250 000	207 000	−216 000
Financial Income	0	2 500 000	0	3 000
Financial Costs	164 000	70 000	241 000	220 000
Financial Balance	−164 000	2 430 000	−241 000	−217 000
Dividends	0	0	0	0
Net Income	−15 000	2 180 000	−34 000	−433 000

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	359 000	0	0	0
Fixtures	232 000	542 000	475 000	591 000
Total Tangible Assets	591 000	542 000	475 000	591 000
Total Fiancial Fixed Assets	1 299 000	1 299 000	1 299 000	1 299 000
Total Fixed Assets	1 890 000	1 841 000	1 774 000	1 890 000
Stock	1 648 000	1 614 000	1 594 000	1 361 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	1 985 000	1 955 000	2 106 000	1 616 000
Total Assets	3 874 000	3 796 000	3 880 000	3 506 000
Total Equity	1 604 000	1 618 000	−562 000	−528 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000 000	1 000 000
Creditors	1 000	332 000	64 000	3 000
Unpaid Taxes	49 000	0	87 000	49 000
Dividends	0	0	0	0
Other Current Debt	0	0	47 000	0
Total Current Debt	2 271 000	2 178 000	3 442 000	3 034 000
Total Equity and Debt	3 874 000	3 796 000	3 880 000	3 506 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,94 %	134,73 %	6,05 %	82,01 %
Debt-to-Equity Ratio	0	0	−1,78	−1,89
Operating Profit Margin	20,24 %	−50,1 %	49,29 %	−17,12 %
Current Ratio	0,87	0,9	0,61	0,53
Quick Ratio	3,19	3,47	1,14	0,97
Equity Ratio	0,41	0,43	−0,14	−0,15
Gross Profit Margin	44,13 %	34,87 %	99,76 %	21,63 %