HORG REGNSKAP AS

7232 LUNDAMO

Finances

Share Ownership

Return on Equity

31,78 %

Current Ratio

1,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 554 000	7 053 000	5 757 000	5 564 000
Net Income	335 000	268 000	81 000	48 000
Total Assets	2 951 000	2 648 000	2 369 000	2 008 000
Total Equity	1 054 000	719 000	451 000	869 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 554 000	7 053 000	5 757 000	5 564 000
Expenditure	7 124 000	6 714 000	5 654 000	5 503 000
Operating Profit	430 000	339 000	103 000	61 000
Financial Income	0	5 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	0	5 000	1 000	1 000
Earnings Before Tax	430 000	344 000	104 000	62 000
Tax	95 000	76 000	23 000	14 000
Net Income	335 000	268 000	81 000	48 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	194 000	266 000	244 000	111 000
Total Current Assets	2 757 000	2 382 000	2 125 000	1 898 000
Total Assets	2 951 000	2 648 000	2 369 000	2 008 000
Total Retained Equity	954 000	619 000	351 000	769 000
Total Equity	1 054 000	719 000	451 000	869 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 896 000	1 929 000	1 918 000	1 139 000
Total Equity and Debt	2 951 000	2 648 000	2 369 000	2 008 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 553 000	7 053 000	5 757 000	5 564 000
Other Income	0	0	0	0
Revenue	7 554 000	7 053 000	5 757 000	5 564 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 657 000	5 265 000	4 523 000	4 537 000
Depreciation	86 000	79 000	107 000	79 000
Impairment	0	0	0	0
Expenditure	7 124 000	6 714 000	5 654 000	5 503 000
Operating Profit	430 000	339 000	103 000	61 000
Financial Income	0	5 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	0	5 000	1 000	1 000
Dividends	0	0	500 000	0
Net Income	335 000	268 000	81 000	48 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	135 000	179 000	140 000	0
Total Intangible Assets	147 000	196 000	145 000	7 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	47 000	69 000	99 000	104 000
Total Tangible Assets	47 000	69 000	99 000	104 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	194 000	266 000	244 000	111 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 189 000	1 171 000	950 000	717 000
Total Current Assets	2 757 000	2 382 000	2 125 000	1 898 000
Total Assets	2 951 000	2 648 000	2 369 000	2 008 000
Total Equity	1 054 000	719 000	451 000	869 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	164 000	132 000	193 000	61 000
Unpaid Taxes	661 000	628 000	462 000	445 000
Dividends	0	0	500 000	0
Other Current Debt	982 000	1 081 000	742 000	620 000
Total Current Debt	1 896 000	1 929 000	1 918 000	1 139 000
Total Equity and Debt	2 951 000	2 648 000	2 369 000	2 008 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,78 %	37,27 %	17,96 %	5,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,69 %	4,81 %	1,79 %	1,1 %
Current Ratio	1,45	1,23	1,11	1,67
Quick Ratio	1,45	1,23	1,11	1,67
Equity Ratio	0,36	0,27	0,19	0,43
Gross Profit Margin	100 %	100 %	100 %	100 %