HOVENGA ALLÉ 1 BORETTSLAG

3916 PORSGRUNN

Finances

Share Ownership

Return on Equity

2,26 %

Current Ratio

1,34

Debt-to-Equity Ratio

62,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 134 000	2 591 000	2 621 000	2 675 000
Net Income	39 000	−31 000	213 000	−35 000
Total Assets	110 031 000	109 877 000	109 888 000	109 663 000
Total Equity	1 725 000	1 686 000	1 718 000	1 505 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 134 000	2 591 000	2 621 000	2 675 000
Expenditure	2 130 000	1 900 000	1 551 000	1 731 000
Operating Profit	1 003 000	691 000	1 070 000	944 000
Financial Income	18 000	10 000	14 000	13 000
Financial Costs	983 000	733 000	871 000	992 000
Financial Balance	−965 000	−723 000	−857 000	−979 000
Earnings Before Tax	39 000	−31 000	213 000	−35 000
Tax	0	0	0	0
Net Income	39 000	−31 000	213 000	−35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	109 654 000	109 607 000	109 481 000	109 272 000
Total Current Assets	377 000	270 000	407 000	391 000
Total Assets	110 031 000	109 877 000	109 888 000	109 663 000
Total Retained Equity	1 570 000	1 531 000	1 563 000	1 350 000
Total Equity	1 725 000	1 686 000	1 718 000	1 505 000
Total Long-Term Debt	108 025 000	108 025 000	108 025 000	108 025 000
Total Current Debt	281 000	166 000	146 000	133 000
Total Equity and Debt	110 031 000	109 877 000	109 888 000	109 663 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 134 000	2 591 000	2 621 000	2 675 000
Revenue	3 134 000	2 591 000	2 621 000	2 675 000
Cost of Goods Sold	0	0	0	0
Salary Costs	68 000	63 000	61 000	51 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 130 000	1 900 000	1 551 000	1 731 000
Operating Profit	1 003 000	691 000	1 070 000	944 000
Financial Income	18 000	10 000	14 000	13 000
Financial Costs	983 000	733 000	871 000	992 000
Financial Balance	−965 000	−723 000	−857 000	−979 000
Dividends	0	0	0	0
Net Income	39 000	−31 000	213 000	−35 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	108 025 000	108 025 000	108 025 000	108 025 000
Machinery and Plant Facilities	57 000	65 000	72 000	0
Fixtures	0	0	0	0
Total Tangible Assets	108 082 000	108 090 000	108 097 000	108 025 000
Total Fiancial Fixed Assets	1 572 000	1 518 000	1 384 000	1 247 000
Total Fixed Assets	109 654 000	109 607 000	109 481 000	109 272 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	202 000	147 000	278 000	211 000
Total Current Assets	377 000	270 000	407 000	391 000
Total Assets	110 031 000	109 877 000	109 888 000	109 663 000
Total Equity	1 725 000	1 686 000	1 718 000	1 505 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	108 025 000	108 025 000	108 025 000	108 025 000
Creditors	233 000	112 000	112 000	92 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	48 000	54 000	34 000	41 000
Total Current Debt	281 000	166 000	146 000	133 000
Total Equity and Debt	110 031 000	109 877 000	109 888 000	109 663 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,26 %	−1,84 %	12,4 %	−2,33 %
Debt-to-Equity Ratio	62,62	64,07	62,88	71,78
Operating Profit Margin	32 %	26,67 %	40,82 %	35,29 %
Current Ratio	1,34	1,63	2,79	2,94
Quick Ratio	1,34	1,63	2,79	2,94
Equity Ratio	0,02	0,02	0,02	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %