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Horze Norge AS
AS
In liquidation
Org 959620415
Kveldroveien 8, 1407
Vinterbro
Retail sale of sporting equipment
·
NACE 4763
Est. 1990 · 36 years old
24 employees
Monitor
Share
Norway
/
Companies
/
Retail sale of sporting equipment
/
Horze Norge AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
45M
34M
22M
11M
0M
2021: 36M
36M
2021
2022: 33M (-8% vs 2021)
33M
-8%
2022
2023: 31M (-6% vs 2022)
31M
-6%
2023
2024: 30M (-3% vs 2023)
30M
-3%
2024
2025: 34M (+13% vs 2024)
34M
+13%
2025
EBITDA
NOK millions
7M
3M
0M
-4M
-8M
2021: 4M
4M
2021
2022: 1M (-75% vs 2021)
1M
-75%
2022
2023: -1M (-200% vs 2022)
-1M
-200%
2023
2024: -2M (-100% vs 2023)
-2M
-100%
2024
2025: -5M (-150% vs 2024)
-5M
-150%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
33 595
29 977
30 856
32 861
35 981
Staff expenses
−0
−5 505
−5 889
−6 728
−6 728
EBITDA
−5 169
−2 320
−944
1 482
4 465
Depreciation & amort.
−96
−137
−174
−192
−478
EBIT
−5 265
−2 457
−1 118
1 290
3 987
Net financials
−21
−11
−86
162
140
Profit before tax
−5 285
−2 468
−1 204
1 452
4 127
Tax
−0
−543
−266
320
908
Net profit
−5 602
−1 925
−938
1 132
3 219
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
11 494
18 339
21 046
21 225
29 945
Equity
7 803
12 628
15 646
15 888
19 356
Long-term debt
0
0
0
0
0
Short-term debt
3 690
5 711
5 400
5 337
10 589
Total debt
3 690
5 711
5 400
5 337
10 589
Financial ratios
5-year trend
EBITDA margin
−15,4 %
This company
15,8 %
Market median
This company
Market median
197% below market
2021
2025
Equity ratio
67,9 %
This company
38,2 %
Market median
This company
Market median
78% above market
2021
2025
Return on equity
−71,8 %
This company
18,4 %
Market median
This company
Market median
490% below market
2021
2025
Net profit margin
−16,7 %
This company
8,1 %
Market median
This company
Market median
306% below market
2021
2025
Asset turnover
2,92×
This company
1,12×
Market median
This company
Market median
161% above market
2021
2025
Debt / equity
0,47×
This company
0,62×
Market median
This company
Market median
24% below market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
More on Horze Norge AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
