HOVDEHAGAN BORETTSLAG

3015 DRAMMEN

Finances

Share Ownership

Return on Equity

7,58 %

Current Ratio

68,33

Debt-to-Equity Ratio

1,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 164 000	1 104 000	1 104 000	1 104 000
Net Income	371 000	142 000	250 000	156 000
Total Assets	14 053 000	14 001 000	13 516 000	13 673 000
Total Equity	4 897 000	4 527 000	4 385 000	4 135 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 164 000	1 104 000	1 104 000	1 104 000
Expenditure	670 000	883 000	760 000	849 000
Operating Profit	494 000	221 000	344 000	255 000
Financial Income	3 000	4 000	5 000	8 000
Financial Costs	126 000	83 000	100 000	107 000
Financial Balance	−123 000	−79 000	−95 000	−99 000
Earnings Before Tax	371 000	142 000	250 000	156 000
Tax	0	0	0	0
Net Income	371 000	142 000	250 000	156 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 233 000	13 233 000	13 233 000	12 850 000
Total Current Assets	820 000	768 000	283 000	823 000
Total Assets	14 053 000	14 001 000	13 516 000	13 673 000
Total Retained Equity	4 895 000	4 525 000	4 383 000	4 133 000
Total Equity	4 897 000	4 527 000	4 385 000	4 135 000
Total Long-Term Debt	9 143 000	9 456 000	9 124 000	9 464 000
Total Current Debt	12 000	18 000	7 000	73 000
Total Equity and Debt	14 053 000	14 001 000	13 516 000	13 673 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 164 000	1 104 000	1 104 000	1 104 000
Revenue	1 164 000	1 104 000	1 104 000	1 104 000
Cost of Goods Sold	0	0	0	0
Salary Costs	92 000	110 000	66 000	64 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	670 000	883 000	760 000	849 000
Operating Profit	494 000	221 000	344 000	255 000
Financial Income	3 000	4 000	5 000	8 000
Financial Costs	126 000	83 000	100 000	107 000
Financial Balance	−123 000	−79 000	−95 000	−99 000
Dividends	0	0	0	0
Net Income	371 000	142 000	250 000	156 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 233 000	13 233 000	13 233 000	12 850 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	13 233 000	13 233 000	13 233 000	12 850 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 233 000	13 233 000	13 233 000	12 850 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	819 000	718 000	283 000	609 000
Total Current Assets	820 000	768 000	283 000	823 000
Total Assets	14 053 000	14 001 000	13 516 000	13 673 000
Total Equity	4 897 000	4 527 000	4 385 000	4 135 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 143 000	9 456 000	9 124 000	9 464 000
Creditors	1 000	3 000	1 000	67 000
Unpaid Taxes	4 000	4 000	0	0
Dividends	0	0	0	0
Other Current Debt	7 000	11 000	6 000	6 000
Total Current Debt	12 000	18 000	7 000	73 000
Total Equity and Debt	14 053 000	14 001 000	13 516 000	13 673 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,58 %	3,14 %	5,7 %	3,77 %
Debt-to-Equity Ratio	1,87	2,09	2,08	2,29
Operating Profit Margin	42,44 %	20,02 %	31,16 %	23,1 %
Current Ratio	68,33	42,67	40,43	11,27
Quick Ratio	68,33	42,67	40,43	11,27
Equity Ratio	0,35	0,32	0,32	0,3
Gross Profit Margin	100 %	100 %	100 %	100 %