A. HØVIK INVEST AS

5251 SØREIDGREND

Finances

Share Ownership

Return on Equity

0,73 %

Current Ratio

0,27

Debt-to-Equity Ratio

0,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 694 000	1 209 000	608 000	557 000
Net Income	137 000	239 000	113 000	40 000
Total Assets	38 056 000	38 478 000	19 831 000	20 350 000
Total Equity	18 791 000	18 654 000	14 164 000	14 050 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 694 000	1 209 000	608 000	557 000
Expenditure	908 000	612 000	291 000	311 000
Operating Profit	787 000	597 000	317 000	247 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	611 000	291 000	173 000	196 000
Financial Balance	−611 000	−290 000	−172 000	−195 000
Earnings Before Tax	176 000	306 000	145 000	52 000
Tax	39 000	67 000	32 000	11 000
Net Income	137 000	239 000	113 000	40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 708 000	37 591 000	19 163 000	19 195 000
Total Current Assets	348 000	887 000	668 000	1 155 000
Total Assets	38 056 000	38 478 000	19 831 000	20 350 000
Total Retained Equity	6 703 000	6 566 000	6 541 000	6 428 000
Total Equity	18 791 000	18 654 000	14 164 000	14 050 000
Total Long-Term Debt	17 963 000	11 788 000	5 550 000	5 650 000
Total Current Debt	1 303 000	8 037 000	117 000	650 000
Total Equity and Debt	38 056 000	38 478 000	19 831 000	20 350 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 694 000	1 209 000	608 000	557 000
Revenue	1 694 000	1 209 000	608 000	557 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	1 000	0	0
Depreciation	214 000	126 000	0	0
Impairment	0	0	0	0
Expenditure	908 000	612 000	291 000	311 000
Operating Profit	787 000	597 000	317 000	247 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	611 000	291 000	173 000	196 000
Financial Balance	−611 000	−290 000	−172 000	−195 000
Dividends	0	0	0	0
Net Income	137 000	239 000	113 000	40 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	75 000	113 000	181 000	213 000
Real Eastate	37 633 000	37 477 000	18 982 000	18 982 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	37 633 000	37 477 000	18 982 000	18 982 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	37 708 000	37 591 000	19 163 000	19 195 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	310 000	791 000	650 000	632 000
Total Current Assets	348 000	887 000	668 000	1 155 000
Total Assets	38 056 000	38 478 000	19 831 000	20 350 000
Total Equity	18 791 000	18 654 000	14 164 000	14 050 000
Short-Term Group Debt	15 000	15 000	15 000	515 000
Total Long-Term Debt	17 963 000	11 788 000	5 550 000	5 650 000
Creditors	12 000	109 000	11 000	3 000
Unpaid Taxes	0	19 000	0	0
Dividends	0	0	0	0
Other Current Debt	1 276 000	7 894 000	91 000	132 000
Total Current Debt	1 303 000	8 037 000	117 000	650 000
Total Equity and Debt	38 056 000	38 478 000	19 831 000	20 350 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,73 %	1,28 %	0,8 %	0,28 %
Debt-to-Equity Ratio	0,96	0,63	0,39	0,4
Operating Profit Margin	46,46 %	49,38 %	52,14 %	44,34 %
Current Ratio	0,27	0,11	5,71	1,78
Quick Ratio	0,27	0,11	5,71	1,78
Equity Ratio	0,49	0,48	0,71	0,69
Gross Profit Margin	100 %	100 %	100 %	100 %