HOVSUND INVEST AS

8300 SVOLVÆR

Finances

Return on Equity

19,21 %

Current Ratio

0,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	34 000	34 000	0
Net Income	29 000	28 000	−1 000
Total Assets	1 370 000	2 344 000	301 000
Total Equity	151 000	122 000	94 000

Income (NOK)	2022	2021	2020
Revenue	34 000	34 000	0
Expenditure	4 000	6 000	1 000
Operating Profit	29 000	28 000	−1 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	29 000	28 000	−1 000
Tax	0	0	0
Net Income	29 000	28 000	−1 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 312 000	2 315 000	300 000
Total Current Assets	58 000	29 000	1 000
Total Assets	1 370 000	2 344 000	301 000
Total Retained Equity	51 000	22 000	−1 000
Total Equity	151 000	122 000	94 000
Total Long-Term Debt	0	0	0
Total Current Debt	1 220 000	2 223 000	208 000
Total Equity and Debt	1 370 000	2 344 000	301 000

Cash flow (NOK)	2022	2021	2020
Sales Income	34 000	34 000	0
Other Income	0	0	0
Revenue	34 000	34 000	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	4 000	6 000	1 000
Operating Profit	29 000	28 000	−1 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	29 000	28 000	−1 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	1 312 000	2 315 000	300 000
Total Fixed Assets	1 312 000	2 315 000	300 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	58 000	29 000	1 000
Total Current Assets	58 000	29 000	1 000
Total Assets	1 370 000	2 344 000	301 000
Total Equity	151 000	122 000	94 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	0	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	1 220 000	2 223 000	208 000
Total Current Debt	1 220 000	2 223 000	208 000
Total Equity and Debt	1 370 000	2 344 000	301 000

Financial indicators	2022	2021	2020
Return on Equity	19,21 %	22,95 %	−1,06 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	85,29 %	82,35 %	-
Current Ratio	0,05	0,01	0
Quick Ratio	0,05	0,01	0
Equity Ratio	0,11	0,05	0,31
Gross Profit Margin	100 %	100 %	-