HOVE N1 B AS

4306 SANDNES

Finances

Share Ownership

Return on Equity

64,02 %

Current Ratio

0,31

Debt-to-Equity Ratio

15,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 464 000	2 586 000	628 000	0
Net Income	1 082 000	458 000	194 000	−425 000
Total Assets	34 854 000	35 532 000	68 000 000	32 004 000
Total Equity	1 690 000	750 000	584 000	389 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 464 000	2 586 000	628 000	0
Expenditure	1 102 000	1 814 000	561 000	95 000
Operating Profit	2 363 000	773 000	67 000	−95 000
Financial Income	4 000	4 000	1 000	0
Financial Costs	956 000	201 000	0	331 000
Financial Balance	−952 000	−197 000	1 000	−331 000
Earnings Before Tax	1 411 000	576 000	68 000	−425 000
Tax	328 000	118 000	−127 000	0
Net Income	1 082 000	458 000	194 000	−425 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 475 000	33 296 000	66 647 000	27 136 000
Total Current Assets	2 379 000	2 237 000	1 353 000	4 868 000
Total Assets	34 854 000	35 532 000	68 000 000	32 004 000
Total Retained Equity	1 398 000	458 000	0	0
Total Equity	1 690 000	750 000	584 000	389 000
Total Long-Term Debt	25 573 000	26 129 000	63 193 000	20 795 000
Total Current Debt	7 591 000	8 653 000	4 223 000	10 819 000
Total Equity and Debt	34 854 000	35 532 000	68 000 000	32 004 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 464 000	2 586 000	628 000	0
Other Income	0	0	0	0
Revenue	3 464 000	2 586 000	628 000	0
Cost of Goods Sold	180 000	91 000	0	0
Salary Costs	0	0	0	0
Depreciation	784 000	784 000	0	0
Impairment	0	0	0	0
Expenditure	1 102 000	1 814 000	561 000	95 000
Operating Profit	2 363 000	773 000	67 000	−95 000
Financial Income	4 000	4 000	1 000	0
Financial Costs	956 000	201 000	0	331 000
Financial Balance	−952 000	−197 000	1 000	−331 000
Dividends	0	0	0	0
Net Income	1 082 000	458 000	194 000	−425 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	30 821 000	31 605 000	63 286 000	23 823 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	30 821 000	31 605 000	63 286 000	23 823 000
Total Fiancial Fixed Assets	1 653 000	1 690 000	3 361 000	3 313 000
Total Fixed Assets	32 475 000	33 296 000	66 647 000	27 136 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 154 000	464 000	221 000	123 000
Total Current Assets	2 379 000	2 237 000	1 353 000	4 868 000
Total Assets	34 854 000	35 532 000	68 000 000	32 004 000
Total Equity	1 690 000	750 000	584 000	389 000
Short-Term Group Debt	6 599 000	7 660 000	0	0
Total Long-Term Debt	25 573 000	26 129 000	63 193 000	20 795 000
Creditors	24 000	13 000	306 000	10 283 000
Unpaid Taxes	177 000	187 000	2 510 000	0
Dividends	0	0	0	0
Other Current Debt	792 000	792 000	1 407 000	537 000
Total Current Debt	7 591 000	8 653 000	4 223 000	10 819 000
Total Equity and Debt	34 854 000	35 532 000	68 000 000	32 004 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,02 %	61,07 %	33,22 %	−109,25 %
Debt-to-Equity Ratio	15,13	34,84	108,21	53,46
Operating Profit Margin	68,22 %	29,89 %	10,67 %	-
Current Ratio	0,31	0,26	0,32	0,45
Quick Ratio	0,31	0,26	0,32	0,45
Equity Ratio	0,05	0,02	0,01	0,01
Gross Profit Margin	94,8 %	96,48 %	100 %	-