HORNINDAL MAT AS

6763 HORNINDAL

Finances

Share Ownership

Return on Equity

21,61 %

Current Ratio

2,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 496 000	30 217 000	30 112 000	29 045 000
Net Income	1 928 000	1 454 000	1 482 000	1 631 000
Total Assets	11 968 000	10 932 000	9 833 000	8 862 000
Total Equity	8 921 000	7 993 000	7 139 000	6 257 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 496 000	30 217 000	30 112 000	29 045 000
Expenditure	27 108 000	28 368 000	28 250 000	27 036 000
Operating Profit	2 388 000	1 850 000	1 863 000	2 009 000
Financial Income	94 000	15 000	41 000	84 000
Financial Costs	1 000	0	3 000	1 000
Financial Balance	93 000	15 000	38 000	83 000
Earnings Before Tax	2 481 000	1 865 000	1 901 000	2 093 000
Tax	553 000	411 000	419 000	462 000
Net Income	1 928 000	1 454 000	1 482 000	1 631 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 292 000	3 516 000	4 209 000	530 000
Total Current Assets	8 676 000	7 417 000	5 624 000	8 332 000
Total Assets	11 968 000	10 932 000	9 833 000	8 862 000
Total Retained Equity	7 921 000	6 993 000	6 139 000	5 257 000
Total Equity	8 921 000	7 993 000	7 139 000	6 257 000
Total Long-Term Debt	0	17 000	67 000	6 000
Total Current Debt	3 047 000	2 923 000	2 627 000	2 599 000
Total Equity and Debt	11 968 000	10 932 000	9 833 000	8 862 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 340 000	30 051 000	29 781 000	28 861 000
Other Income	156 000	167 000	331 000	184 000
Revenue	29 496 000	30 217 000	30 112 000	29 045 000
Cost of Goods Sold	21 059 000	21 459 000	21 407 000	20 745 000
Salary Costs	2 979 000	3 135 000	3 132 000	2 959 000
Depreciation	690 000	654 000	238 000	146 000
Impairment	0	0	0	0
Expenditure	27 108 000	28 368 000	28 250 000	27 036 000
Operating Profit	2 388 000	1 850 000	1 863 000	2 009 000
Financial Income	94 000	15 000	41 000	84 000
Financial Costs	1 000	0	3 000	1 000
Financial Balance	93 000	15 000	38 000	83 000
Dividends	1 000 000	600 000	600 000	0
Net Income	1 928 000	1 454 000	1 482 000	1 631 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 284 000	3 516 000	4 209 000	530 000
Total Tangible Assets	3 284 000	3 516 000	4 209 000	530 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 292 000	3 516 000	4 209 000	530 000
Stock	2 116 000	2 114 000	1 886 000	1 741 000
Total Investments	0	0	0	0
Cash, Bank	5 478 000	4 084 000	2 647 000	5 412 000
Total Current Assets	8 676 000	7 417 000	5 624 000	8 332 000
Total Assets	11 968 000	10 932 000	9 833 000	8 862 000
Total Equity	8 921 000	7 993 000	7 139 000	6 257 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	17 000	67 000	6 000
Creditors	791 000	725 000	711 000	608 000
Unpaid Taxes	369 000	315 000	359 000	257 000
Dividends	1 000 000	600 000	600 000	0
Other Current Debt	1 309 000	1 422 000	1 199 000	1 266 000
Total Current Debt	3 047 000	2 923 000	2 627 000	2 599 000
Total Equity and Debt	11 968 000	10 932 000	9 833 000	8 862 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,61 %	18,19 %	20,76 %	26,07 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	8,1 %	6,12 %	6,19 %	6,92 %
Current Ratio	2,85	2,54	2,14	3,21
Quick Ratio	9,32	9,17	7,59	9,71
Equity Ratio	0,75	0,73	0,73	0,71
Gross Profit Margin	28,6 %	28,98 %	28,91 %	28,58 %