HOVSETMARKA UTVIKLING AS

6170 VARTDAL

Finances

Share Ownership

Return on Equity

107,72 %

Current Ratio

1,48

Debt-to-Equity Ratio

0,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 690 000	1 900 000	890 000	7 590 000
Net Income	767 000	358 000	173 000	−502 000
Total Assets	3 288 000	4 293 000	3 531 000	8 198 000
Total Equity	712 000	1 945 000	1 588 000	4 415 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 690 000	1 900 000	890 000	7 590 000
Expenditure	1 746 000	1 469 000	754 000	8 214 000
Operating Profit	944 000	430 000	135 000	−623 000
Financial Income	40 000	7 000	38 000	51 000
Financial Costs	1 000	0	0	1 000
Financial Balance	39 000	7 000	38 000	50 000
Earnings Before Tax	983 000	437 000	173 000	−574 000
Tax	216 000	79 000	0	−71 000
Net Income	767 000	358 000	173 000	−502 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 288 000	4 293 000	3 531 000	8 198 000
Total Assets	3 288 000	4 293 000	3 531 000	8 198 000
Total Retained Equity	174 000	1 407 000	1 050 000	877 000
Total Equity	712 000	1 945 000	1 588 000	4 415 000
Total Long-Term Debt	347 000	371 000	356 000	2 356 000
Total Current Debt	2 229 000	1 976 000	1 587 000	1 427 000
Total Equity and Debt	3 288 000	4 293 000	3 531 000	8 198 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 690 000	1 865 000	890 000	7 100 000
Other Income	0	35 000	0	490 000
Revenue	2 690 000	1 900 000	890 000	7 590 000
Cost of Goods Sold	1 717 000	1 408 000	705 000	8 148 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 746 000	1 469 000	754 000	8 214 000
Operating Profit	944 000	430 000	135 000	−623 000
Financial Income	40 000	7 000	38 000	51 000
Financial Costs	1 000	0	0	1 000
Financial Balance	39 000	7 000	38 000	50 000
Dividends	2 000 000	0	0	0
Net Income	767 000	358 000	173 000	−502 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	1 407 000	2 641 000	3 386 000
Total Investments	0	0	0	0
Cash, Bank	3 288 000	2 886 000	890 000	4 722 000
Total Current Assets	3 288 000	4 293 000	3 531 000	8 198 000
Total Assets	3 288 000	4 293 000	3 531 000	8 198 000
Total Equity	712 000	1 945 000	1 588 000	4 415 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	347 000	371 000	356 000	2 356 000
Creditors	0	1 909 000	1 587 000	1 415 000
Unpaid Taxes	0	0	0	0
Dividends	2 000 000	0	0	0
Other Current Debt	0	0	0	12 000
Total Current Debt	2 229 000	1 976 000	1 587 000	1 427 000
Total Equity and Debt	3 288 000	4 293 000	3 531 000	8 198 000

Financial indicators	2022	2021	2020	2019
Return on Equity	107,72 %	18,41 %	10,89 %	−11,37 %
Debt-to-Equity Ratio	0,49	0,19	0,22	0,53
Operating Profit Margin	35,09 %	22,63 %	15,17 %	−8,21 %
Current Ratio	1,48	2,17	2,22	5,74
Quick Ratio	1,48	7,54	−3,35	−4,18
Equity Ratio	0,22	0,45	0,45	0,54
Gross Profit Margin	36,17 %	25,89 %	20,79 %	−7,35 %