Horisont Energi AS (STU:9GJ) Accounts Payable & Accrued Expense : €0.82 Mil (As of Dec. 2024)

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What is Horisont Energi AS Accounts Payable & Accrued Expense?

Horisont Energi AS's quarterly accounts payable & accrued expense declined from Jun. 2024 (€0.85 Mil) to Sep. 2024 (€0.79 Mil) but then increased from Sep. 2024 (€0.79 Mil) to Dec. 2024 (€0.82 Mil).

Horisont Energi AS's annual accounts payable & accrued expense increased from Dec. 2022 (€2.04 Mil) to Dec. 2023 (€3.41 Mil) but then declined from Dec. 2023 (€3.41 Mil) to Dec. 2024 (€0.82 Mil).

Horisont Energi AS Accounts Payable & Accrued Expense Historical Data

The historical data trend for Horisont Energi AS's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Horisont Energi AS Accounts Payable & Accrued Expense Chart

Horisont Energi AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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0.18

2.16

2.04

3.41

0.82

Horisont Energi AS Quarterly Data
	Dec19	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial													3.41	1.26	0.85	0.79	0.82

Horisont Energi AS Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Horisont Energi AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Horisont Energi AS (STU:9GJ) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

HRGI:Norway 9GJ:Germany

Address

Grenseveien 21, Sandnes, NOR, 4313

Website

https://www.horisontenergi.no

Horisont Energi AS is a Norwegian clean energy, carbon infrastructure, and storage company. It is developing blue hydrogen, blue ammonia, and carbon storage solutions, providing clean energy and carbon transport, and storage services. The company transforms gas, water, and renewable energy into clean ammonia and hydrogen and offers CO2 transportation and storage services using proprietary technology. Its Project includes the Gismarvik CO2 hub, the Polaris carbon storage project, and the Barents Blue project for the production of clean ammonia, featuring a low carbon footprint.

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