HØVÅG HERREDSHUS

4770 HØVÅG

Finances

Share Ownership

Return on Equity

0,77 %

Current Ratio

4,96

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	270 000	1 049 000	246 000	1 890 000
Net Income	8 000	57 000	39 000	153 000
Total Assets	1 089 000	1 085 000	1 880 000	1 807 000
Total Equity	1 035 000	1 027 000	970 000	931 000

Income (NOK)	2022	2021	2020	2019
Revenue	270 000	1 049 000	246 000	1 890 000
Expenditure	261 000	983 000	185 000	1 646 000
Operating Profit	8 000	66 000	61 000	244 000
Financial Income	0	0	0	0
Financial Costs	0	9 000	22 000	91 000
Financial Balance	0	−9 000	−22 000	−91 000
Earnings Before Tax	8 000	57 000	39 000	153 000
Tax	0	0	0	0
Net Income	8 000	57 000	39 000	153 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	866 000	869 000	1 678 000	1 682 000
Total Current Assets	223 000	216 000	202 000	125 000
Total Assets	1 089 000	1 085 000	1 880 000	1 807 000
Total Retained Equity	446 000	437 000	380 000	342 000
Total Equity	1 035 000	1 027 000	970 000	931 000
Total Long-Term Debt	9 000	9 000	642 000	654 000
Total Current Debt	45 000	49 000	269 000	223 000
Total Equity and Debt	1 089 000	1 085 000	1 880 000	1 807 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 000	15 000	21 000	359 000
Other Income	243 000	1 034 000	225 000	1 531 000
Revenue	270 000	1 049 000	246 000	1 890 000
Cost of Goods Sold	13 000	0	0	128 000
Salary Costs	1 000	0	0	1 090 000
Depreciation	3 000	4 000	4 000	4 000
Impairment	0	805 000	0	45 000
Expenditure	261 000	983 000	185 000	1 646 000
Operating Profit	8 000	66 000	61 000	244 000
Financial Income	0	0	0	0
Financial Costs	0	9 000	22 000	91 000
Financial Balance	0	−9 000	−22 000	−91 000
Dividends	0	0	0	0
Net Income	8 000	57 000	39 000	153 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	866 000	869 000	1 678 000	1 682 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	866 000	869 000	1 678 000	1 682 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	866 000	869 000	1 678 000	1 682 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	222 000	213 000	202 000	109 000
Total Current Assets	223 000	216 000	202 000	125 000
Total Assets	1 089 000	1 085 000	1 880 000	1 807 000
Total Equity	1 035 000	1 027 000	970 000	931 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 000	9 000	642 000	654 000
Creditors	10 000	0	41 000	24 000
Unpaid Taxes	0	0	0	−47 000
Dividends	0	0	0	0
Other Current Debt	35 000	49 000	228 000	246 000
Total Current Debt	45 000	49 000	269 000	223 000
Total Equity and Debt	1 089 000	1 085 000	1 880 000	1 807 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,77 %	5,55 %	4,02 %	16,43 %
Debt-to-Equity Ratio	0,01	0,01	0,66	0,7
Operating Profit Margin	2,96 %	6,29 %	24,8 %	12,91 %
Current Ratio	4,96	4,41	0,75	0,56
Quick Ratio	4,96	4,41	0,75	0,56
Equity Ratio	0,95	0,95	0,52	0,52
Gross Profit Margin	95,19 %	100 %	100 %	93,23 %