HOVDAN.COM AS

3470 SLEMMESTAD

Finances

Share Ownership

Return on Equity

324,62 %

Current Ratio

0,62

Debt-to-Equity Ratio

−1,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 077 000	1 405 000	1 898 000	1 882 000
Net Income	−211 000	259 000	65 000	57 000
Total Assets	267 000	367 000	168 000	196 000
Total Equity	−65 000	146 000	−113 000	−177 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 077 000	1 405 000	1 898 000	1 882 000
Expenditure	1 278 000	1 139 000	1 826 000	1 822 000
Operating Profit	−201 000	267 000	72 000	59 000
Financial Income	0	0	0	0
Financial Costs	10 000	2 000	8 000	3 000
Financial Balance	−10 000	−2 000	−8 000	−3 000
Earnings Before Tax	−211 000	265 000	65 000	57 000
Tax	0	6 000	0	0
Net Income	−211 000	259 000	65 000	57 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	133 000	0	0	0
Total Current Assets	135 000	367 000	168 000	196 000
Total Assets	267 000	367 000	168 000	196 000
Total Retained Equity	−83 000	129 000	−130 000	−195 000
Total Equity	−65 000	146 000	−113 000	−177 000
Total Long-Term Debt	114 000	0	0	0
Total Current Debt	219 000	221 000	280 000	374 000
Total Equity and Debt	267 000	367 000	168 000	196 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 077 000	1 305 000	1 898 000	1 882 000
Other Income	0	100 000	0	0
Revenue	1 077 000	1 405 000	1 898 000	1 882 000
Cost of Goods Sold	81 000	46 000	34 000	62 000
Salary Costs	742 000	543 000	949 000	1 151 000
Depreciation	27 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 278 000	1 139 000	1 826 000	1 822 000
Operating Profit	−201 000	267 000	72 000	59 000
Financial Income	0	0	0	0
Financial Costs	10 000	2 000	8 000	3 000
Financial Balance	−10 000	−2 000	−8 000	−3 000
Dividends	0	0	0	0
Net Income	−211 000	259 000	65 000	57 000

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	133 000	0	0	0
Total Tangible Assets	133 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	133 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	80 000	188 000	110 000	85 000
Total Current Assets	135 000	367 000	168 000	196 000
Total Assets	267 000	367 000	168 000	196 000
Total Equity	−65 000	146 000	−113 000	−177 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	114 000	0	0	0
Creditors	49 000	31 000	61 000	162 000
Unpaid Taxes	91 000	140 000	73 000	106 000
Dividends	0	0	0	0
Other Current Debt	78 000	43 000	147 000	106 000
Total Current Debt	219 000	221 000	280 000	374 000
Total Equity and Debt	267 000	367 000	168 000	196 000

Financial indicators	2022	2021	2020	2019
Return on Equity	324,62 %	177,4 %	−57,52 %	−32,2 %
Debt-to-Equity Ratio	−1,75	0	−0	−0
Operating Profit Margin	−18,66 %	19 %	3,79 %	3,13 %
Current Ratio	0,62	1,66	0,6	0,52
Quick Ratio	0,62	1,66	0,6	0,52
Equity Ratio	−0,24	0,4	−0,67	−0,9
Gross Profit Margin	92,48 %	96,73 %	98,21 %	96,71 %