HOVE GÅRD VELFORENING

4017 STAVANGER

Finances

Share Ownership

Return on Equity

82,31 %

Current Ratio

5,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	374 000	204 000	167 000	100 000
Net Income	107 000	−87 000	27 000	−2 000
Total Assets	153 000	42 000	117 000	83 000
Total Equity	130 000	23 000	110 000	83 000

Income (NOK)	2022	2021	2020	2019
Revenue	374 000	204 000	167 000	100 000
Expenditure	270 000	291 000	141 000	103 000
Operating Profit	104 000	−87 000	26 000	−4 000
Financial Income	0	0	0	1 000
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	1 000
Earnings Before Tax	104 000	−87 000	26 000	−4 000
Tax	0	0	0	0
Net Income	107 000	−87 000	27 000	−2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000	13 000	8 000	6 000
Total Current Assets	141 000	29 000	109 000	78 000
Total Assets	153 000	42 000	117 000	83 000
Total Retained Equity	130 000	23 000	110 000	83 000
Total Equity	130 000	23 000	110 000	83 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	24 000	19 000	7 000	0
Total Equity and Debt	153 000	42 000	117 000	83 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	374 000	204 000	167 000	100 000
Revenue	374 000	204 000	167 000	100 000
Cost of Goods Sold	0	0	0	0
Salary Costs	29 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	270 000	291 000	141 000	103 000
Operating Profit	104 000	−87 000	26 000	−4 000
Financial Income	0	0	0	1 000
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	1 000
Dividends	0	0	0	0
Net Income	107 000	−87 000	27 000	−2 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	12 000	13 000	8 000	6 000
Total Tangible Assets	12 000	13 000	8 000	6 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 000	13 000	8 000	6 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	134 000	23 000	106 000	74 000
Total Current Assets	141 000	29 000	109 000	78 000
Total Assets	153 000	42 000	117 000	83 000
Total Equity	130 000	23 000	110 000	83 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	24 000	19 000	3 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	3 000	0
Total Current Debt	24 000	19 000	7 000	0
Total Equity and Debt	153 000	42 000	117 000	83 000

Financial indicators	2022	2021	2020	2019
Return on Equity	82,31 %	−378,26 %	24,55 %	−2,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	27,81 %	−42,65 %	15,57 %	−4 %
Current Ratio	5,88	1,53	15,57	-
Quick Ratio	5,88	1,53	15,57	-
Equity Ratio	0,85	0,55	0,94	1
Gross Profit Margin	100 %	100 %	100 %	100 %