AS Hovden

4400 FLEKKEFJORD

Finances

Return on Equity

39,11 %

Current Ratio

182,23

Debt-to-Equity Ratio

2,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	867 000	5 089 000	4 963 000	0
Net Income	2 079 000	3 704 000	6 783 000	−350 000
Total Assets	20 360 000	18 546 000	17 502 000	11 246 000
Total Equity	5 316 000	3 750 000	3 888 000	22 000

Income (NOK)	2022	2021	2020	2019
Revenue	867 000	5 089 000	4 963 000	0
Expenditure	413 000	340 000	−3 377 000	347 000
Operating Profit	453 000	4 748 000	8 339 000	−347 000
Financial Income	1 800 000	0	2 000	0
Financial Costs	62 000	0	0	3 000
Financial Balance	1 738 000	0	2 000	−3 000
Earnings Before Tax	2 191 000	4 748 000	8 341 000	−350 000
Tax	111 000	1 045 000	1 557 000	0
Net Income	2 079 000	3 704 000	6 783 000	−350 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 787 000	8 449 000	8 844 000	9 091 000
Total Current Assets	12 574 000	10 097 000	8 658 000	2 155 000
Total Assets	20 360 000	18 546 000	17 502 000	11 246 000
Total Retained Equity	1 566 000	0	−2 995 000	−6 861 000
Total Equity	5 316 000	3 750 000	3 888 000	22 000
Total Long-Term Debt	14 974 000	14 713 000	9 835 000	10 901 000
Total Current Debt	69 000	82 000	3 779 000	323 000
Total Equity and Debt	20 360 000	18 546 000	17 502 000	11 246 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	867 000	5 089 000	4 963 000	0
Revenue	867 000	5 089 000	4 963 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	237 000	237 000	237 000	237 000
Impairment	0	0	0	0
Expenditure	413 000	340 000	−3 377 000	347 000
Operating Profit	453 000	4 748 000	8 339 000	−347 000
Financial Income	1 800 000	0	2 000	0
Financial Costs	62 000	0	0	3 000
Financial Balance	1 738 000	0	2 000	−3 000
Dividends	0	0	0	0
Net Income	2 079 000	3 704 000	6 783 000	−350 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 714 000	7 952 000	8 197 000	8 444 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 714 000	7 952 000	8 197 000	8 444 000
Total Fiancial Fixed Assets	72 000	497 000	647 000	647 000
Total Fixed Assets	7 787 000	8 449 000	8 844 000	9 091 000
Stock	324 000	324 000	1 294 000	2 131 000
Total Investments	0	0	0	0
Cash, Bank	515 000	5 836 000	3 619 000	10 000
Total Current Assets	12 574 000	10 097 000	8 658 000	2 155 000
Total Assets	20 360 000	18 546 000	17 502 000	11 246 000
Total Equity	5 316 000	3 750 000	3 888 000	22 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 974 000	14 713 000	9 835 000	10 901 000
Creditors	47 000	23 000	32 000	323 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	22 000	59 000	3 747 000	0
Total Current Debt	69 000	82 000	3 779 000	323 000
Total Equity and Debt	20 360 000	18 546 000	17 502 000	11 246 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,11 %	98,77 %	174,46 %	−1 590,91 %
Debt-to-Equity Ratio	2,82	3,92	2,53	495,5
Operating Profit Margin	52,25 %	93,3 %	168,02 %	-
Current Ratio	182,23	123,13	2,29	6,67
Quick Ratio	−49,31	−41,72	3,48	−1,19
Equity Ratio	0,26	0,2	0,22	0
Gross Profit Margin	100 %	100 %	100 %	-