HOV INNOVASJON AS

2323 INGEBERG

Finances

Share Ownership

Return on Equity

−1,74 %

Current Ratio

3,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	100 000	244 000	148 000	280 000
Net Income	−9 000	0	−145 000	−36 000
Total Assets	733 000	776 000	549 000	672 000
Total Equity	517 000	517 000	392 000	496 000

Income (NOK)	2022	2021	2020	2019
Revenue	100 000	244 000	148 000	280 000
Expenditure	111 000	278 000	304 000	326 000
Operating Profit	−11 000	−35 000	−157 000	−46 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−11 000	−35 000	−157 000	−46 000
Tax	−3 000	−35 000	−12 000	−10 000
Net Income	−9 000	0	−145 000	−36 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	733 000	776 000	549 000	672 000
Total Assets	733 000	776 000	549 000	672 000
Total Retained Equity	276 000	285 000	285 000	430 000
Total Equity	517 000	517 000	392 000	496 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	216 000	259 000	157 000	176 000
Total Equity and Debt	733 000	776 000	549 000	672 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	100 000	188 000	148 000	280 000
Other Income	0	56 000	0	0
Revenue	100 000	244 000	148 000	280 000
Cost of Goods Sold	0	0	0	0
Salary Costs	55 000	224 000	241 000	207 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	111 000	278 000	304 000	326 000
Operating Profit	−11 000	−35 000	−157 000	−46 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−9 000	0	−145 000	−36 000

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	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 000	64 000	37 000	83 000
Total Current Assets	733 000	776 000	549 000	672 000
Total Assets	733 000	776 000	549 000	672 000
Total Equity	517 000	517 000	392 000	496 000
Short-Term Group Debt	140 000	100 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	15 000	24 000	13 000
Unpaid Taxes	0	44 000	32 000	57 000
Dividends	0	0	0	0
Other Current Debt	90 000	100 000	101 000	106 000
Total Current Debt	216 000	259 000	157 000	176 000
Total Equity and Debt	733 000	776 000	549 000	672 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,74 %	0 %	−36,99 %	−7,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−11 %	−14,34 %	−106,08 %	−16,43 %
Current Ratio	3,39	3	3,5	3,82
Quick Ratio	3,39	3	3,5	3,82
Equity Ratio	0,71	0,67	0,71	0,74
Gross Profit Margin	100 %	100 %	100 %	100 %