HØVIK ØST EIENDOM AS

0161 OSLO

Finances

Share Ownership

Return on Equity

6,57 %

Current Ratio

0,03

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 759 000	9 426 000	9 823 000	4 895 000
Net Income	1 501 000	895 000	2 536 000	204 000
Total Assets	96 393 000	75 240 000	55 022 000	38 626 000
Total Equity	22 852 000	22 492 000	23 715 000	18 578 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 759 000	9 426 000	9 823 000	4 895 000
Expenditure	7 795 000	7 500 000	6 046 000	4 161 000
Operating Profit	3 965 000	1 926 000	3 777 000	734 000
Financial Income	3 000	6 000	19 000	0
Financial Costs	2 044 000	760 000	545 000	473 000
Financial Balance	−2 041 000	−754 000	−526 000	−473 000
Earnings Before Tax	1 923 000	1 172 000	3 251 000	262 000
Tax	423 000	278 000	715 000	58 000
Net Income	1 501 000	895 000	2 536 000	204 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	94 494 000	71 608 000	50 952 000	38 264 000
Total Current Assets	1 899 000	3 632 000	4 070 000	362 000
Total Assets	96 393 000	75 240 000	55 022 000	38 626 000
Total Retained Equity	−461 000	−821 000	−1 716 000	−4 484 000
Total Equity	22 852 000	22 492 000	23 715 000	18 578 000
Total Long-Term Debt	3 599 000	3 498 000	3 837 000	4 606 000
Total Current Debt	69 942 000	49 251 000	27 470 000	15 441 000
Total Equity and Debt	96 393 000	75 240 000	55 022 000	38 626 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	11 759 000	9 426 000	9 823 000	4 895 000
Revenue	11 759 000	9 426 000	9 823 000	4 895 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	4 074 000	3 760 000	2 937 000	1 837 000
Impairment	0	0	0	0
Expenditure	7 795 000	7 500 000	6 046 000	4 161 000
Operating Profit	3 965 000	1 926 000	3 777 000	734 000
Financial Income	3 000	6 000	19 000	0
Financial Costs	2 044 000	760 000	545 000	473 000
Financial Balance	−2 041 000	−754 000	−526 000	−473 000
Dividends	0	0	0	0
Net Income	1 501 000	895 000	2 536 000	204 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	94 494 000	71 597 000	50 918 000	38 264 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	11 000	34 000	0
Total Tangible Assets	94 494 000	71 608 000	50 952 000	38 264 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	94 494 000	71 608 000	50 952 000	38 264 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	200 000	1 449 000	2 975 000	130 000
Total Current Assets	1 899 000	3 632 000	4 070 000	362 000
Total Assets	96 393 000	75 240 000	55 022 000	38 626 000
Total Equity	22 852 000	22 492 000	23 715 000	18 578 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 599 000	3 498 000	3 837 000	4 606 000
Creditors	438 000	1 569 000	354 000	255 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	69 504 000	47 681 000	26 088 000	15 186 000
Total Current Debt	69 942 000	49 251 000	27 470 000	15 441 000
Total Equity and Debt	96 393 000	75 240 000	55 022 000	38 626 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,57 %	3,98 %	10,69 %	1,1 %
Debt-to-Equity Ratio	0,16	0,16	0,16	0,25
Operating Profit Margin	33,72 %	20,43 %	38,45 %	14,99 %
Current Ratio	0,03	0,07	0,15	0,02
Quick Ratio	0,03	0,07	0,15	0,02
Equity Ratio	0,24	0,3	0,43	0,48
Gross Profit Margin	100 %	100 %	100 %	100 %