HOVSHEIM AS

6600 SUNNDALSØRA

Finances

Return on Equity

−9,54 %

Current Ratio

46,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 058 000	1 028 000	1 070 000	980 000
Net Income	−573 000	664 000	721 000	518 000
Total Assets	6 112 000	6 779 000	7 887 000	7 122 000
Total Equity	6 009 000	6 581 000	5 918 000	5 196 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 058 000	1 028 000	1 070 000	980 000
Expenditure	1 513 000	749 000	335 000	657 000
Operating Profit	−455 000	279 000	735 000	323 000
Financial Income	136 000	470 000	175 000	341 000
Financial Costs	272 000	23 000	35 000	87 000
Financial Balance	−136 000	447 000	140 000	254 000
Earnings Before Tax	−591 000	726 000	875 000	577 000
Tax	−18 000	62 000	154 000	60 000
Net Income	−573 000	664 000	721 000	518 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 276 000	1 385 000	4 879 000	4 982 000
Total Current Assets	4 836 000	5 394 000	3 007 000	2 140 000
Total Assets	6 112 000	6 779 000	7 887 000	7 122 000
Total Retained Equity	5 869 000	6 441 000	5 778 000	5 056 000
Total Equity	6 009 000	6 581 000	5 918 000	5 196 000
Total Long-Term Debt	0	18 000	1 769 000	1 749 000
Total Current Debt	103 000	179 000	201 000	177 000
Total Equity and Debt	6 112 000	6 779 000	7 887 000	7 122 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	93 000	55 000	0	0
Other Income	965 000	973 000	1 070 000	980 000
Revenue	1 058 000	1 028 000	1 070 000	980 000
Cost of Goods Sold	0	0	0	0
Salary Costs	279 000	231 000	0	0
Depreciation	109 000	109 000	103 000	103 000
Impairment	0	0	0	0
Expenditure	1 513 000	749 000	335 000	657 000
Operating Profit	−455 000	279 000	735 000	323 000
Financial Income	136 000	470 000	175 000	341 000
Financial Costs	272 000	23 000	35 000	87 000
Financial Balance	−136 000	447 000	140 000	254 000
Dividends	0	0	0	0
Net Income	−573 000	664 000	721 000	518 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 254 000	1 356 000	4 879 000	4 982 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	22 000	29 000	0	0
Total Tangible Assets	1 276 000	1 385 000	4 879 000	4 982 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 276 000	1 385 000	4 879 000	4 982 000
Stock	0	0	0	0
Total Investments	3 050 000	3 273 000	2 073 000	1 927 000
Cash, Bank	1 760 000	2 112 000	904 000	207 000
Total Current Assets	4 836 000	5 394 000	3 007 000	2 140 000
Total Assets	6 112 000	6 779 000	7 887 000	7 122 000
Total Equity	6 009 000	6 581 000	5 918 000	5 196 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	18 000	1 769 000	1 749 000
Creditors	51 000	15 000	5 000	86 000
Unpaid Taxes	26 000	65 000	26 000	16 000
Dividends	0	0	0	0
Other Current Debt	26 000	21 000	0	0
Total Current Debt	103 000	179 000	201 000	177 000
Total Equity and Debt	6 112 000	6 779 000	7 887 000	7 122 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,54 %	10,09 %	12,18 %	9,97 %
Debt-to-Equity Ratio	0	0	0,3	0,34
Operating Profit Margin	−43,01 %	27,14 %	68,69 %	32,96 %
Current Ratio	46,95	30,13	14,96	12,09
Quick Ratio	46,95	30,13	14,96	12,09
Equity Ratio	0,98	0,97	0,75	0,73
Gross Profit Margin	100 %	100 %	100 %	100 %