HØVDING AS

6415 MOLDE

Finances

Return on Equity

9,87 %

Current Ratio

0,33

Debt-to-Equity Ratio

2,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	67 682 000	59 113 000	57 896 000	43 004 000
Net Income	17 032 000	12 988 000	7 897 000	18 902 000
Total Assets	659 330 000	554 830 000	505 509 000	496 804 000
Total Equity	172 639 000	162 583 000	119 084 000	111 788 000

Income (NOK)	2022	2021	2020	2019
Revenue	67 682 000	59 113 000	57 896 000	43 004 000
Expenditure	39 000 000	37 135 000	33 555 000	16 402 000
Operating Profit	28 682 000	21 977 000	24 340 000	26 602 000
Financial Income	1 012 000	213 000	307 000	1 715 000
Financial Costs	8 478 000	6 141 000	14 335 000	7 113 000
Financial Balance	−7 466 000	−5 928 000	−14 028 000	−5 398 000
Earnings Before Tax	21 216 000	16 049 000	10 313 000	21 204 000
Tax	4 184 000	3 061 000	2 416 000	2 303 000
Net Income	17 032 000	12 988 000	7 897 000	18 902 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	639 584 000	548 968 000	499 218 000	479 187 000
Total Current Assets	19 746 000	5 861 000	6 290 000	17 617 000
Total Assets	659 330 000	554 830 000	505 509 000	496 804 000
Total Retained Equity	62 333 000	52 474 000	43 113 000	35 357 000
Total Equity	172 639 000	162 583 000	119 084 000	111 788 000
Total Long-Term Debt	426 019 000	365 210 000	340 134 000	363 882 000
Total Current Debt	60 671 000	27 036 000	46 291 000	21 135 000
Total Equity and Debt	659 330 000	554 830 000	505 509 000	496 804 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 000	60 000	0	0
Other Income	67 656 000	59 053 000	57 896 000	43 004 000
Revenue	67 682 000	59 113 000	57 896 000	43 004 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 772 000	5 557 000	3 016 000	670 000
Depreciation	14 488 000	13 905 000	12 006 000	7 744 000
Impairment	0	0	0	0
Expenditure	39 000 000	37 135 000	33 555 000	16 402 000
Operating Profit	28 682 000	21 977 000	24 340 000	26 602 000
Financial Income	1 012 000	213 000	307 000	1 715 000
Financial Costs	8 478 000	6 141 000	14 335 000	7 113 000
Financial Balance	−7 466 000	−5 928 000	−14 028 000	−5 398 000
Dividends	6 976 000	3 488 000	0	0
Net Income	17 032 000	12 988 000	7 897 000	18 902 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	622 236 000	531 555 000	492 104 000	472 369 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	300 000	312 000	92 000	55 000
Total Tangible Assets	622 535 000	531 866 000	492 197 000	472 424 000
Total Fiancial Fixed Assets	17 049 000	17 102 000	7 022 000	6 763 000
Total Fixed Assets	639 584 000	548 968 000	499 218 000	479 187 000
Stock	0	0	0	0
Total Investments	0	0	2 000	0
Cash, Bank	5 483 000	2 081 000	2 456 000	15 691 000
Total Current Assets	19 746 000	5 861 000	6 290 000	17 617 000
Total Assets	659 330 000	554 830 000	505 509 000	496 804 000
Total Equity	172 639 000	162 583 000	119 084 000	111 788 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	426 019 000	365 210 000	340 134 000	363 882 000
Creditors	21 310 000	9 670 000	5 286 000	2 444 000
Unpaid Taxes	1 033 000	908 000	2 415 000	912 000
Dividends	6 976 000	3 488 000	0	0
Other Current Debt	2 226 000	4 579 000	11 412 000	17 436 000
Total Current Debt	60 671 000	27 036 000	46 291 000	21 135 000
Total Equity and Debt	659 330 000	554 830 000	505 509 000	496 804 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,87 %	7,99 %	6,63 %	16,91 %
Debt-to-Equity Ratio	2,47	2,25	2,86	3,26
Operating Profit Margin	42,38 %	37,18 %	42,04 %	61,86 %
Current Ratio	0,33	0,22	0,14	0,83
Quick Ratio	0,33	0,22	0,14	0,83
Equity Ratio	0,26	0,29	0,24	0,23
Gross Profit Margin	100 %	100 %	100 %	100 %