HOVEMOVEGEN 35 AS

0373 OSLO

Finances

Share Ownership

Return on Equity

11,24 %

Current Ratio

2,82

Debt-to-Equity Ratio

4,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 917 000	2 813 000	2 762 000	2 719 000
Net Income	613 000	738 000	465 000	392 000
Total Assets	29 342 000	29 656 000	29 496 000	29 952 000
Total Equity	5 452 000	5 738 000	5 986 000	6 194 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 917 000	2 813 000	2 762 000	2 719 000
Expenditure	1 436 000	1 403 000	1 306 000	1 278 000
Operating Profit	1 481 000	1 410 000	1 455 000	1 441 000
Financial Income	103 000	33 000	1 000	2 000
Financial Costs	799 000	497 000	860 000	940 000
Financial Balance	−696 000	−464 000	−859 000	−938 000
Earnings Before Tax	785 000	947 000	596 000	502 000
Tax	173 000	208 000	131 000	110 000
Net Income	613 000	738 000	465 000	392 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 134 000	26 129 000	27 177 000	28 253 000
Total Current Assets	4 208 000	3 527 000	2 320 000	1 699 000
Total Assets	29 342 000	29 656 000	29 496 000	29 952 000
Total Retained Equity	5 275 000	5 561 000	5 809 000	6 017 000
Total Equity	5 452 000	5 738 000	5 986 000	6 194 000
Total Long-Term Debt	22 396 000	22 396 000	22 437 000	23 416 000
Total Current Debt	1 493 000	1 522 000	1 073 000	343 000
Total Equity and Debt	29 342 000	29 656 000	29 496 000	29 952 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 917 000	2 813 000	2 762 000	2 719 000
Other Income	0	0	0	0
Revenue	2 917 000	2 813 000	2 762 000	2 719 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 076 000	1 076 000	1 076 000	1 076 000
Impairment	0	0	0	0
Expenditure	1 436 000	1 403 000	1 306 000	1 278 000
Operating Profit	1 481 000	1 410 000	1 455 000	1 441 000
Financial Income	103 000	33 000	1 000	2 000
Financial Costs	799 000	497 000	860 000	940 000
Financial Balance	−696 000	−464 000	−859 000	−938 000
Dividends	0	0	0	0
Net Income	613 000	738 000	465 000	392 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	109 000	29 000	0	0
Real Eastate	25 025 000	26 101 000	27 177 000	28 253 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	25 025 000	26 101 000	27 177 000	28 253 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	25 134 000	26 129 000	27 177 000	28 253 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 105 000	1 132 000	652 000	1 669 000
Total Current Assets	4 208 000	3 527 000	2 320 000	1 699 000
Total Assets	29 342 000	29 656 000	29 496 000	29 952 000
Total Equity	5 452 000	5 738 000	5 986 000	6 194 000
Short-Term Group Debt	1 152 000	1 265 000	862 000	0
Total Long-Term Debt	22 396 000	22 396 000	22 437 000	23 416 000
Creditors	42 000	8 000	8 000	5 000
Unpaid Taxes	111 000	114 000	110 000	111 000
Dividends	0	0	0	0
Other Current Debt	190 000	135 000	93 000	150 000
Total Current Debt	1 493 000	1 522 000	1 073 000	343 000
Total Equity and Debt	29 342 000	29 656 000	29 496 000	29 952 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,24 %	12,86 %	7,77 %	6,33 %
Debt-to-Equity Ratio	4,11	3,9	3,75	3,78
Operating Profit Margin	50,77 %	50,12 %	52,68 %	53 %
Current Ratio	2,82	2,32	2,16	4,95
Quick Ratio	2,82	2,32	2,16	4,95
Equity Ratio	0,19	0,19	0,2	0,21
Gross Profit Margin	100 %	100 %	100 %	100 %