HOVDESVINGEN EIENDOM AS

5392 STOREBØ

Finances

Share Ownership

Return on Equity

1,13 %

Current Ratio

2,09

Debt-to-Equity Ratio

11,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 909 000	2 734 000	2 191 000	3 221 000
Net Income	41 000	540 000	242 000	−52 000
Total Assets	44 320 000	45 800 000	45 434 000	44 309 000
Total Equity	3 613 000	3 115 000	2 511 000	1 280 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 909 000	2 734 000	2 191 000	3 221 000
Expenditure	1 302 000	928 000	677 000	3 085 000
Operating Profit	1 606 000	1 806 000	1 514 000	136 000
Financial Income	0	8 000	8 000	4 000
Financial Costs	1 554 000	1 122 000	1 210 000	206 000
Financial Balance	−1 554 000	−1 114 000	−1 202 000	−202 000
Earnings Before Tax	53 000	692 000	311 000	−66 000
Tax	12 000	152 000	68 000	−15 000
Net Income	41 000	540 000	242 000	−52 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 673 000	43 291 000	43 945 000	43 690 000
Total Current Assets	1 647 000	2 509 000	1 489 000	619 000
Total Assets	44 320 000	45 800 000	45 434 000	44 309 000
Total Retained Equity	823 000	782 000	242 000	0
Total Equity	3 613 000	3 115 000	2 511 000	1 280 000
Total Long-Term Debt	39 920 000	42 047 000	0	0
Total Current Debt	787 000	638 000	42 923 000	43 029 000
Total Equity and Debt	44 320 000	45 800 000	45 434 000	44 309 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 404 000	0	2 143 000	1 929 000
Other Income	505 000	2 734 000	48 000	1 292 000
Revenue	2 909 000	2 734 000	2 191 000	3 221 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	484 000	484 000	446 000	1 355 000
Impairment	0	0	0	0
Expenditure	1 302 000	928 000	677 000	3 085 000
Operating Profit	1 606 000	1 806 000	1 514 000	136 000
Financial Income	0	8 000	8 000	4 000
Financial Costs	1 554 000	1 122 000	1 210 000	206 000
Financial Balance	−1 554 000	−1 114 000	−1 202 000	−202 000
Dividends	0	0	0	0
Net Income	41 000	540 000	242 000	−52 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	134 000	304 000	556 000
Real Eastate	42 663 000	43 137 000	43 611 000	43 093 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 000	21 000	31 000	41 000
Total Tangible Assets	42 673 000	43 157 000	43 641 000	43 134 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	42 673 000	43 291 000	43 945 000	43 690 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	903 000	1 785 000	0	0
Total Current Assets	1 647 000	2 509 000	1 489 000	619 000
Total Assets	44 320 000	45 800 000	45 434 000	44 309 000
Total Equity	3 613 000	3 115 000	2 511 000	1 280 000
Short-Term Group Debt	0	0	42 546 000	42 197 000
Total Long-Term Debt	39 920 000	42 047 000	0	0
Creditors	334 000	577 000	16 000	20 000
Unpaid Taxes	37 000	61 000	85 000	634 000
Dividends	0	0	0	0
Other Current Debt	416 000	0	182 000	179 000
Total Current Debt	787 000	638 000	42 923 000	43 029 000
Total Equity and Debt	44 320 000	45 800 000	45 434 000	44 309 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,13 %	17,34 %	9,64 %	−4,06 %
Debt-to-Equity Ratio	11,05	13,5	0	0
Operating Profit Margin	55,21 %	66,06 %	69,1 %	4,22 %
Current Ratio	2,09	3,93	0,03	0,01
Quick Ratio	2,09	3,93	0,03	0,01
Equity Ratio	0,08	0,07	0,06	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %