HOVDEN EIGEDOM AS

6774 NORDFJORDEID

Finances

Return on Equity

10,31 %

Current Ratio

0,59

Debt-to-Equity Ratio

7,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 867 000	1 727 000	1 587 000	1 336 000
Net Income	139 000	181 000	287 000	22 000
Total Assets	11 743 000	11 917 000	12 447 000	11 770 000
Total Equity	1 348 000	1 209 000	1 027 000	741 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 867 000	1 727 000	1 587 000	1 336 000
Expenditure	1 247 000	1 199 000	887 000	944 000
Operating Profit	620 000	528 000	699 000	391 000
Financial Income	6 000	7 000	11 000	0
Financial Costs	424 000	298 000	332 000	363 000
Financial Balance	−418 000	−291 000	−321 000	−363 000
Earnings Before Tax	202 000	237 000	378 000	28 000
Tax	63 000	56 000	92 000	6 000
Net Income	139 000	181 000	287 000	22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 289 000	11 463 000	11 187 000	11 366 000
Total Current Assets	454 000	454 000	1 261 000	404 000
Total Assets	11 743 000	11 917 000	12 447 000	11 770 000
Total Retained Equity	748 000	609 000	427 000	141 000
Total Equity	1 348 000	1 209 000	1 027 000	741 000
Total Long-Term Debt	9 631 000	10 064 000	10 599 000	10 054 000
Total Current Debt	764 000	645 000	821 000	976 000
Total Equity and Debt	11 743 000	11 917 000	12 447 000	11 770 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 463 000	579 000	383 000	174 000
Other Income	404 000	1 149 000	1 203 000	1 161 000
Revenue	1 867 000	1 727 000	1 587 000	1 336 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	26 000
Depreciation	338 000	298 000	294 000	315 000
Impairment	0	0	0	0
Expenditure	1 247 000	1 199 000	887 000	944 000
Operating Profit	620 000	528 000	699 000	391 000
Financial Income	6 000	7 000	11 000	0
Financial Costs	424 000	298 000	332 000	363 000
Financial Balance	−418 000	−291 000	−321 000	−363 000
Dividends	0	0	0	0
Net Income	139 000	181 000	287 000	22 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 076 000	11 405 000	11 134 000	11 354 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 000	17 000	26 000	13 000
Total Tangible Assets	11 084 000	11 422 000	11 161 000	11 366 000
Total Fiancial Fixed Assets	205 000	41 000	26 000	0
Total Fixed Assets	11 289 000	11 463 000	11 187 000	11 366 000
Stock	0	0	0	0
Total Investments	0	0	55 000	0
Cash, Bank	15 000	38 000	841 000	3 000
Total Current Assets	454 000	454 000	1 261 000	404 000
Total Assets	11 743 000	11 917 000	12 447 000	11 770 000
Total Equity	1 348 000	1 209 000	1 027 000	741 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 631 000	10 064 000	10 599 000	10 054 000
Creditors	134 000	70 000	32 000	260 000
Unpaid Taxes	58 000	49 000	60 000	59 000
Dividends	0	0	0	0
Other Current Debt	509 000	469 000	636 000	655 000
Total Current Debt	764 000	645 000	821 000	976 000
Total Equity and Debt	11 743 000	11 917 000	12 447 000	11 770 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,31 %	14,97 %	27,95 %	2,97 %
Debt-to-Equity Ratio	7,14	8,32	10,32	13,57
Operating Profit Margin	33,21 %	30,57 %	44,05 %	29,27 %
Current Ratio	0,59	0,7	1,54	0,41
Quick Ratio	0,59	0,7	1,54	0,41
Equity Ratio	0,11	0,1	0,08	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %