HOVDEN KLUBBHUS AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

8,69 %

Current Ratio

1,1

Debt-to-Equity Ratio

3,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	399 000	408 000	360 000	331 000
Net Income	81 000	−103 000	11 000	35 000
Total Assets	4 737 000	4 791 000	5 036 000	4 526 000
Total Equity	932 000	695 000	799 000	788 000

Income (NOK)	2022	2021	2020	2019
Revenue	399 000	408 000	360 000	331 000
Expenditure	223 000	405 000	213 000	124 000
Operating Profit	177 000	3 000	147 000	207 000
Financial Income	0	0	0	0
Financial Costs	140 000	106 000	136 000	171 000
Financial Balance	−140 000	−106 000	−136 000	−171 000
Earnings Before Tax	37 000	−103 000	11 000	35 000
Tax	−44 000	0	0	0
Net Income	81 000	−103 000	11 000	35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 512 000	4 647 000	4 782 000	4 250 000
Total Current Assets	226 000	144 000	254 000	276 000
Total Assets	4 737 000	4 791 000	5 036 000	4 526 000
Total Retained Equity	476 000	395 000	499 000	488 000
Total Equity	932 000	695 000	799 000	788 000
Total Long-Term Debt	3 600 000	4 060 000	4 220 000	3 637 000
Total Current Debt	205 000	36 000	17 000	101 000
Total Equity and Debt	4 737 000	4 791 000	5 036 000	4 526 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	399 000	419 000	349 000	331 000
Other Income	0	−11 000	11 000	0
Revenue	399 000	408 000	360 000	331 000
Cost of Goods Sold	29 000	37 000	35 000	35 000
Salary Costs	0	0	0	0
Depreciation	135 000	135 000	108 000	0
Impairment	0	0	0	0
Expenditure	223 000	405 000	213 000	124 000
Operating Profit	177 000	3 000	147 000	207 000
Financial Income	0	0	0	0
Financial Costs	140 000	106 000	136 000	171 000
Financial Balance	−140 000	−106 000	−136 000	−171 000
Dividends	0	0	0	0
Net Income	81 000	−103 000	11 000	35 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 037 000	4 108 000	4 179 000	4 250 000
Machinery and Plant Facilities	475 000	539 000	603 000	0
Fixtures	0	0	0	0
Total Tangible Assets	4 512 000	4 647 000	4 782 000	4 250 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 512 000	4 647 000	4 782 000	4 250 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	109 000	47 000	79 000
Total Current Assets	226 000	144 000	254 000	276 000
Total Assets	4 737 000	4 791 000	5 036 000	4 526 000
Total Equity	932 000	695 000	799 000	788 000
Short-Term Group Debt	160 000	0	0	0
Total Long-Term Debt	3 600 000	4 060 000	4 220 000	3 637 000
Creditors	14 000	26 000	1 000	4 000
Unpaid Taxes	15 000	0	8 000	1 000
Dividends	0	0	0	0
Other Current Debt	16 000	10 000	9 000	95 000
Total Current Debt	205 000	36 000	17 000	101 000
Total Equity and Debt	4 737 000	4 791 000	5 036 000	4 526 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,69 %	−14,82 %	1,38 %	4,44 %
Debt-to-Equity Ratio	3,86	5,84	5,28	4,62
Operating Profit Margin	44,36 %	0,74 %	40,83 %	62,54 %
Current Ratio	1,1	4	14,94	2,73
Quick Ratio	1,1	4	14,94	2,73
Equity Ratio	0,2	0,15	0,16	0,17
Gross Profit Margin	92,73 %	90,93 %	90,28 %	89,43 %