NEW HORSEEQUIP AS

2150 ÅRNES

Finances

Share Ownership

Return on Equity

−29,17 %

Current Ratio

0,1

Debt-to-Equity Ratio

−0,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	263 000	120 000	564 000	689 000
Net Income	147 000	−77 000	−382 000	−100 000
Total Assets	31 000	41 000	71 000	506 000
Total Equity	−504 000	−651 000	−574 000	−192 000

Income (NOK)	2022	2021	2020	2019
Revenue	263 000	120 000	564 000	689 000
Expenditure	90 000	172 000	921 000	760 000
Operating Profit	173 000	−52 000	−357 000	−72 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	26 000	26 000	26 000	29 000
Financial Balance	−25 000	−25 000	−25 000	−28 000
Earnings Before Tax	147 000	−77 000	−382 000	−100 000
Tax	0	0	0	0
Net Income	147 000	−77 000	−382 000	−100 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	24 000
Total Current Assets	31 000	41 000	71 000	482 000
Total Assets	31 000	41 000	71 000	506 000
Total Retained Equity	−605 000	−753 000	−676 000	−294 000
Total Equity	−504 000	−651 000	−574 000	−192 000
Total Long-Term Debt	224 000	384 000	382 000	332 000
Total Current Debt	310 000	308 000	264 000	366 000
Total Equity and Debt	31 000	41 000	71 000	506 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	83 000	120 000	564 000	689 000
Other Income	180 000	0	0	0
Revenue	263 000	120 000	564 000	689 000
Cost of Goods Sold	70 000	113 000	607 000	407 000
Salary Costs	0	0	105 000	72 000
Depreciation	0	0	24 000	33 000
Impairment	0	0	0	0
Expenditure	90 000	172 000	921 000	760 000
Operating Profit	173 000	−52 000	−357 000	−72 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	26 000	26 000	26 000	29 000
Financial Balance	−25 000	−25 000	−25 000	−28 000
Dividends	0	0	0	0
Net Income	147 000	−77 000	−382 000	−100 000

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	0	0	0	0
Fixtures	0	0	0	24 000
Total Tangible Assets	0	0	0	24 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	24 000
Stock	30 000	39 000	72 000	437 000
Total Investments	0	0	0	0
Cash, Bank	0	0	1 000	4 000
Total Current Assets	31 000	41 000	71 000	482 000
Total Assets	31 000	41 000	71 000	506 000
Total Equity	−504 000	−651 000	−574 000	−192 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	224 000	384 000	382 000	332 000
Creditors	25 000	26 000	33 000	58 000
Unpaid Taxes	0	0	3 000	19 000
Dividends	0	0	0	0
Other Current Debt	2 000	0	10 000	20 000
Total Current Debt	310 000	308 000	264 000	366 000
Total Equity and Debt	31 000	41 000	71 000	506 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−29,17 %	11,83 %	66,55 %	52,08 %
Debt-to-Equity Ratio	−0,44	−0,59	−0,67	−1,73
Operating Profit Margin	65,78 %	−43,33 %	−63,3 %	−10,45 %
Current Ratio	0,1	0,13	0,27	1,32
Quick Ratio	0,11	0,15	0,37	−6,79
Equity Ratio	−16,26	−15,88	−8,08	−0,38
Gross Profit Margin	73,38 %	5,83 %	−7,62 %	40,93 %