HOVDEN FJELLSTOGE HOTELLBYGG AS

4700 VENNESLA

Finances

Share Ownership

Return on Equity

202,96 %

Current Ratio

9,21

Debt-to-Equity Ratio

164,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 200 000	2 055 000	1 766 000	668 000
Net Income	343 000	−4 425 000	−766 000	−318 000
Total Assets	28 244 000	28 598 000	35 149 000	23 229 000
Total Equity	169 000	−1 287 000	2 344 000	1 785 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 200 000	2 055 000	1 766 000	668 000
Expenditure	821 000	5 857 000	2 135 000	520 000
Operating Profit	379 000	−3 803 000	−368 000	148 000
Financial Income	8 000	8 000	5 000	4 000
Financial Costs	1 076 000	750 000	620 000	560 000
Financial Balance	−1 068 000	−742 000	−615 000	−556 000
Earnings Before Tax	−688 000	−4 545 000	−983 000	−408 000
Tax	−1 031 000	−120 000	−216 000	−90 000
Net Income	343 000	−4 425 000	−766 000	−318 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 878 000	26 459 000	29 932 000	19 667 000
Total Current Assets	2 366 000	2 139 000	5 217 000	3 562 000
Total Assets	28 244 000	28 598 000	35 149 000	23 229 000
Total Retained Equity	0	−1 317 000	0	57 000
Total Equity	169 000	−1 287 000	2 344 000	1 785 000
Total Long-Term Debt	27 818 000	29 787 000	30 406 000	20 298 000
Total Current Debt	257 000	98 000	2 398 000	1 147 000
Total Equity and Debt	28 244 000	28 598 000	35 149 000	23 229 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 200 000	2 055 000	1 766 000	668 000
Revenue	1 200 000	2 055 000	1 766 000	668 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	610 000	998 000	719 000	133 000
Impairment	0	4 000 000	0	0
Expenditure	821 000	5 857 000	2 135 000	520 000
Operating Profit	379 000	−3 803 000	−368 000	148 000
Financial Income	8 000	8 000	5 000	4 000
Financial Costs	1 076 000	750 000	620 000	560 000
Financial Balance	−1 068 000	−742 000	−615 000	−556 000
Dividends	0	0	0	0
Net Income	343 000	−4 425 000	−766 000	−318 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	24 480 000	24 990 000	28 482 000	19 479 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 398 000	1 469 000	1 450 000	189 000
Total Tangible Assets	25 878 000	26 459 000	29 932 000	19 667 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	25 878 000	26 459 000	29 932 000	19 667 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	575 000	1 029 000	1 226 000	89 000
Total Current Assets	2 366 000	2 139 000	5 217 000	3 562 000
Total Assets	28 244 000	28 598 000	35 149 000	23 229 000
Total Equity	169 000	−1 287 000	2 344 000	1 785 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	27 818 000	29 787 000	30 406 000	20 298 000
Creditors	0	0	2 312 000	1 147 000
Unpaid Taxes	45 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	211 000	98 000	86 000	0
Total Current Debt	257 000	98 000	2 398 000	1 147 000
Total Equity and Debt	28 244 000	28 598 000	35 149 000	23 229 000

Financial indicators	2022	2021	2020	2019
Return on Equity	202,96 %	343,82 %	−32,68 %	−17,82 %
Debt-to-Equity Ratio	164,6	−23,14	12,97	11,37
Operating Profit Margin	31,58 %	−185,06 %	−20,84 %	22,16 %
Current Ratio	9,21	21,83	2,18	3,11
Quick Ratio	9,21	21,83	2,18	3,11
Equity Ratio	0,01	−0,05	0,07	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %