HOVDEN UTLEIE AS

4755 HOVDEN I SETESDAL

Finances

Share Ownership

Return on Equity

−40,83 %

Current Ratio

0,9

Debt-to-Equity Ratio

9,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 628 000	1 920 000	1 316 000	991 000
Net Income	−541 000	−506 000	−656 000	−1 295 000
Total Assets	14 890 000	15 579 000	12 058 000	12 285 000
Total Equity	1 325 000	1 866 000	972 000	−372 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 628 000	1 920 000	1 316 000	991 000
Expenditure	2 627 000	2 134 000	1 693 000	2 013 000
Operating Profit	0	−214 000	−376 000	−1 021 000
Financial Income	0	0	0	0
Financial Costs	541 000	292 000	279 000	274 000
Financial Balance	−541 000	−292 000	−279 000	−274 000
Earnings Before Tax	−541 000	−506 000	−656 000	−1 295 000
Tax	0	0	0	0
Net Income	−541 000	−506 000	−656 000	−1 295 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 480 000	14 889 000	11 757 000	12 097 000
Total Current Assets	410 000	690 000	301 000	188 000
Total Assets	14 890 000	15 579 000	12 058 000	12 285 000
Total Retained Equity	−3 075 000	−2 534 000	−2 028 000	−1 372 000
Total Equity	1 325 000	1 866 000	972 000	−372 000
Total Long-Term Debt	13 109 000	13 259 000	10 835 000	12 564 000
Total Current Debt	456 000	453 000	251 000	93 000
Total Equity and Debt	14 890 000	15 579 000	12 058 000	12 285 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	185 000	131 000	0	0
Other Income	2 443 000	1 789 000	1 316 000	991 000
Revenue	2 628 000	1 920 000	1 316 000	991 000
Cost of Goods Sold	4 000	0	0	0
Salary Costs	379 000	150 000	0	0
Depreciation	434 000	369 000	340 000	424 000
Impairment	0	0	0	0
Expenditure	2 627 000	2 134 000	1 693 000	2 013 000
Operating Profit	0	−214 000	−376 000	−1 021 000
Financial Income	0	0	0	0
Financial Costs	541 000	292 000	279 000	274 000
Financial Balance	−541 000	−292 000	−279 000	−274 000
Dividends	0	0	0	0
Net Income	−541 000	−506 000	−656 000	−1 295 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 258 000	14 650 000	11 483 000	11 788 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	222 000	239 000	274 000	309 000
Total Tangible Assets	14 480 000	14 889 000	11 757 000	12 097 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 480 000	14 889 000	11 757 000	12 097 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	194 000	404 000	226 000	148 000
Total Current Assets	410 000	690 000	301 000	188 000
Total Assets	14 890 000	15 579 000	12 058 000	12 285 000
Total Equity	1 325 000	1 866 000	972 000	−372 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 109 000	13 259 000	10 835 000	12 564 000
Creditors	124 000	135 000	147 000	21 000
Unpaid Taxes	22 000	33 000	0	0
Dividends	0	0	0	0
Other Current Debt	311 000	286 000	104 000	72 000
Total Current Debt	456 000	453 000	251 000	93 000
Total Equity and Debt	14 890 000	15 579 000	12 058 000	12 285 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−40,83 %	−27,12 %	−67,49 %	348,12 %
Debt-to-Equity Ratio	9,89	7,11	11,15	−33,77
Operating Profit Margin	0 %	−11,15 %	−28,57 %	−103,03 %
Current Ratio	0,9	1,52	1,2	2,02
Quick Ratio	0,9	1,52	1,2	2,02
Equity Ratio	0,09	0,12	0,08	−0,03
Gross Profit Margin	99,85 %	100 %	100 %	100 %