HOVDEN BORETTSLAG

5015 BERGEN

Finances

Share Ownership

Return on Equity

89,65 %

Current Ratio

6,84

Debt-to-Equity Ratio

−7,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 258 000	4 124 000	4 070 000	3 806 000
Net Income	−7 268 000	−23 172 000	1 347 000	1 485 000
Total Assets	49 438 000	49 576 000	46 955 000	46 123 000
Total Equity	−8 107 000	−839 000	22 333 000	20 986 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 258 000	4 124 000	4 070 000	3 806 000
Expenditure	10 606 000	26 984 000	2 578 000	2 134 000
Operating Profit	−6 348 000	−22 859 000	1 493 000	1 672 000
Financial Income	58 000	11 000	14 000	13 000
Financial Costs	978 000	323 000	160 000	201 000
Financial Balance	−920 000	−312 000	−146 000	−188 000
Earnings Before Tax	−7 268 000	−23 172 000	1 493 000	1 672 000
Tax	0	0	0	0
Net Income	−7 268 000	−23 172 000	1 347 000	1 485 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	44 305 000	44 203 000	43 849 000	43 882 000
Total Current Assets	5 133 000	5 373 000	3 105 000	2 241 000
Total Assets	49 438 000	49 576 000	46 955 000	46 123 000
Total Retained Equity	−8 113 000	−845 000	22 327 000	20 980 000
Total Equity	−8 107 000	−839 000	22 333 000	20 986 000
Total Long-Term Debt	56 794 000	48 058 000	24 320 000	24 669 000
Total Current Debt	750 000	2 357 000	302 000	468 000
Total Equity and Debt	49 438 000	49 576 000	46 955 000	46 123 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 258 000	4 124 000	0	0
Other Income	0	0	4 070 000	3 806 000
Revenue	4 258 000	4 124 000	4 070 000	3 806 000
Cost of Goods Sold	0	0	0	0
Salary Costs	176 000	232 000	115 000	114 000
Depreciation	117 000	61 000	33 000	33 000
Impairment	0	0	0	0
Expenditure	10 606 000	26 984 000	2 578 000	2 134 000
Operating Profit	−6 348 000	−22 859 000	1 493 000	1 672 000
Financial Income	58 000	11 000	14 000	13 000
Financial Costs	978 000	323 000	160 000	201 000
Financial Balance	−920 000	−312 000	−146 000	−188 000
Dividends	0	0	0	0
Net Income	−7 268 000	−23 172 000	1 347 000	1 485 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	43 795 000	43 795 000	43 795 000	43 795 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	510 000	408 000	55 000	88 000
Total Tangible Assets	44 305 000	44 203 000	43 849 000	43 882 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	44 305 000	44 203 000	43 849 000	43 882 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 809 000	5 087 000	2 975 000	1 980 000
Total Current Assets	5 133 000	5 373 000	3 105 000	2 241 000
Total Assets	49 438 000	49 576 000	46 955 000	46 123 000
Total Equity	−8 107 000	−839 000	22 333 000	20 986 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	56 794 000	48 058 000	24 320 000	24 669 000
Creditors	158 000	2 063 000	125 000	280 000
Unpaid Taxes	23 000	21 000	14 000	14 000
Dividends	0	0	0	0
Other Current Debt	569 000	273 000	163 000	174 000
Total Current Debt	750 000	2 357 000	302 000	468 000
Total Equity and Debt	49 438 000	49 576 000	46 955 000	46 123 000

Financial indicators	2022	2021	2020	2019
Return on Equity	89,65 %	2 761,86 %	6,03 %	7,08 %
Debt-to-Equity Ratio	−7,01	−57,28	1,09	1,18
Operating Profit Margin	−149,08 %	−554,29 %	36,68 %	43,93 %
Current Ratio	6,84	2,28	10,28	4,79
Quick Ratio	6,84	2,28	10,28	4,79
Equity Ratio	−0,16	−0,02	0,48	0,46
Gross Profit Margin	100 %	100 %	100 %	100 %