HØVIK BÅTFORENING AS

7177 REVSNES

Finances

Share Ownership

Return on Equity

−9,68 %

Current Ratio

0,25

Debt-to-Equity Ratio

−7,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	269 000	180 000	132 000	81 000
Net Income	12 000	−66 000	−59 000	−56 000
Total Assets	1 217 000	1 189 000	1 203 000	1 041 000
Total Equity	−124 000	−136 000	−69 000	−11 000

Income (NOK)	2022	2021	2020	2019
Revenue	269 000	180 000	132 000	81 000
Expenditure	218 000	213 000	152 000	108 000
Operating Profit	51 000	−33 000	−20 000	−26 000
Financial Income	0	0	0	0
Financial Costs	39 000	33 000	38 000	30 000
Financial Balance	−39 000	−33 000	−38 000	−30 000
Earnings Before Tax	12 000	−66 000	−59 000	−56 000
Tax	0	0	0	0
Net Income	12 000	−66 000	−59 000	−56 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 101 000	1 105 000	1 124 000	1 007 000
Total Current Assets	116 000	85 000	79 000	33 000
Total Assets	1 217 000	1 189 000	1 203 000	1 041 000
Total Retained Equity	−214 000	−226 000	−159 000	−101 000
Total Equity	−124 000	−136 000	−69 000	−11 000
Total Long-Term Debt	877 000	901 000	905 000	759 000
Total Current Debt	463 000	424 000	367 000	293 000
Total Equity and Debt	1 217 000	1 189 000	1 203 000	1 041 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	125 000	114 000	87 000	81 000
Other Income	144 000	65 000	46 000	0
Revenue	269 000	180 000	132 000	81 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	96 000	78 000	73 000	51 000
Impairment	0	0	0	0
Expenditure	218 000	213 000	152 000	108 000
Operating Profit	51 000	−33 000	−20 000	−26 000
Financial Income	0	0	0	0
Financial Costs	39 000	33 000	38 000	30 000
Financial Balance	−39 000	−33 000	−38 000	−30 000
Dividends	0	0	0	0
Net Income	12 000	−66 000	−59 000	−56 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	982 000	1 011 000	979 000	925 000
Machinery and Plant Facilities	104 000	94 000	53 000	82 000
Fixtures	15 000	0	92 000	0
Total Tangible Assets	1 101 000	1 105 000	1 124 000	1 007 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 101 000	1 105 000	1 124 000	1 007 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	34 000	55 000	49 000	10 000
Total Current Assets	116 000	85 000	79 000	33 000
Total Assets	1 217 000	1 189 000	1 203 000	1 041 000
Total Equity	−124 000	−136 000	−69 000	−11 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	877 000	901 000	905 000	759 000
Creditors	−14 000	1 000	1 000	0
Unpaid Taxes	0	1 000	0	0
Dividends	0	0	0	0
Other Current Debt	477 000	423 000	366 000	293 000
Total Current Debt	463 000	424 000	367 000	293 000
Total Equity and Debt	1 217 000	1 189 000	1 203 000	1 041 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,68 %	48,53 %	85,51 %	509,09 %
Debt-to-Equity Ratio	−7,07	−6,63	−13,12	−69
Operating Profit Margin	18,96 %	−18,33 %	−15,15 %	−32,1 %
Current Ratio	0,25	0,2	0,22	0,11
Quick Ratio	0,25	0,2	0,22	0,11
Equity Ratio	−0,1	−0,11	−0,06	−0,01
Gross Profit Margin	100 %	100 %	100 %	100 %