HOVLAND EIENDOM AS

2860 HOV

Finances

Share Ownership

Return on Equity

27,86 %

Current Ratio

Debt-to-Equity Ratio

−10,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	120 000	126 000	101 000	61 000
Net Income	−90 000	−65 000	−94 000	−166 000
Total Assets	3 086 000	3 220 000	3 335 000	3 503 000
Total Equity	−323 000	−234 000	−169 000	−75 000

Income (NOK)	2022	2021	2020	2019
Revenue	120 000	126 000	101 000	61 000
Expenditure	172 000	160 000	158 000	193 000
Operating Profit	−52 000	−34 000	−57 000	−131 000
Financial Income	0	0	0	0
Financial Costs	37 000	30 000	37 000	35 000
Financial Balance	−37 000	−30 000	−37 000	−35 000
Earnings Before Tax	−90 000	−65 000	−94 000	−166 000
Tax	0	0	0	0
Net Income	−90 000	−65 000	−94 000	−166 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 786 000	2 828 000	2 871 000	2 758 000
Total Current Assets	300 000	392 000	464 000	745 000
Total Assets	3 086 000	3 220 000	3 335 000	3 503 000
Total Retained Equity	−423 000	−334 000	−269 000	−175 000
Total Equity	−323 000	−234 000	−169 000	−75 000
Total Long-Term Debt	3 394 000	3 449 000	3 504 000	3 559 000
Total Current Debt	15 000	5 000	0	19 000
Total Equity and Debt	3 086 000	3 220 000	3 335 000	3 503 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	120 000	126 000	101 000	61 000
Revenue	120 000	126 000	101 000	61 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	42 000	43 000	36 000	33 000
Impairment	0	0	0	0
Expenditure	172 000	160 000	158 000	193 000
Operating Profit	−52 000	−34 000	−57 000	−131 000
Financial Income	0	0	0	0
Financial Costs	37 000	30 000	37 000	35 000
Financial Balance	−37 000	−30 000	−37 000	−35 000
Dividends	0	0	0	0
Net Income	−90 000	−65 000	−94 000	−166 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 786 000	2 828 000	2 871 000	2 758 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 786 000	2 828 000	2 871 000	2 758 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 786 000	2 828 000	2 871 000	2 758 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	300 000	392 000	464 000	745 000
Total Current Assets	300 000	392 000	464 000	745 000
Total Assets	3 086 000	3 220 000	3 335 000	3 503 000
Total Equity	−323 000	−234 000	−169 000	−75 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 394 000	3 449 000	3 504 000	3 559 000
Creditors	15 000	5 000	0	10 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	9 000
Total Current Debt	15 000	5 000	0	19 000
Total Equity and Debt	3 086 000	3 220 000	3 335 000	3 503 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,86 %	27,78 %	55,62 %	221,33 %
Debt-to-Equity Ratio	−10,51	−14,74	−20,73	−47,45
Operating Profit Margin	−43,33 %	−26,98 %	−56,44 %	−214,75 %
Current Ratio	20	78,4	-	39,21
Quick Ratio	20	78,4	-	39,21
Equity Ratio	−0,1	−0,07	−0,05	−0,02
Gross Profit Margin	100 %	100 %	100 %	100 %