HOVDEN ALPIN UTVIKLING AS

4755 HOVDEN I SETESDAL

Finances

Return on Equity

3,18 %

Current Ratio

1,17

Debt-to-Equity Ratio

1,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 344 000	−4 344 000	5 374 000	1 536 000
Net Income	207 000	−137 000	1 833 000	−116 000
Total Assets	54 238 000	32 854 000	51 280 000	53 426 000
Total Equity	6 514 000	6 307 000	7 263 000	5 430 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 344 000	−4 344 000	5 374 000	1 536 000
Expenditure	2 033 000	−2 667 000	4 164 000	3 028 000
Operating Profit	1 311 000	−1 678 000	1 210 000	−1 492 000
Financial Income	0	2 418 000	1 060 000	1 500 000
Financial Costs	1 084 000	877 000	0	125 000
Financial Balance	−1 084 000	1 541 000	1 060 000	1 375 000
Earnings Before Tax	227 000	−137 000	2 270 000	−116 000
Tax	21 000	0	436 000	0
Net Income	207 000	−137 000	1 833 000	−116 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 144 000	10 030 000	10 030 000	10 030 000
Total Current Assets	44 094 000	22 824 000	41 250 000	43 396 000
Total Assets	54 238 000	32 854 000	51 280 000	53 426 000
Total Retained Equity	855 000	648 000	1 604 000	−229 000
Total Equity	6 514 000	6 307 000	7 263 000	5 430 000
Total Long-Term Debt	10 000 000	10 625 000	12 962 000	15 625 000
Total Current Debt	37 724 000	15 922 000	31 055 000	32 372 000
Total Equity and Debt	54 238 000	32 854 000	51 280 000	53 426 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 400 000	0	0	0
Other Income	−56 000	−4 344 000	5 374 000	1 536 000
Revenue	3 344 000	−4 344 000	5 374 000	1 536 000
Cost of Goods Sold	112 000	24 000	1 566 000	0
Salary Costs	1 109 000	455 000	516 000	572 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 033 000	−2 667 000	4 164 000	3 028 000
Operating Profit	1 311 000	−1 678 000	1 210 000	−1 492 000
Financial Income	0	2 418 000	1 060 000	1 500 000
Financial Costs	1 084 000	877 000	0	125 000
Financial Balance	−1 084 000	1 541 000	1 060 000	1 375 000
Dividends	0	0	0	0
Net Income	207 000	−137 000	1 833 000	−116 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	10 135 000	10 030 000	10 030 000	10 030 000
Total Fixed Assets	10 144 000	10 030 000	10 030 000	10 030 000
Stock	22 433 000	22 483 000	23 004 000	31 614 000
Total Investments	0	0	0	0
Cash, Bank	49 000	241 000	61 000	35 000
Total Current Assets	44 094 000	22 824 000	41 250 000	43 396 000
Total Assets	54 238 000	32 854 000	51 280 000	53 426 000
Total Equity	6 514 000	6 307 000	7 263 000	5 430 000
Short-Term Group Debt	135 000	454 000	3 500 000	8 615 000
Total Long-Term Debt	10 000 000	10 625 000	12 962 000	15 625 000
Creditors	2 324 000	3 463 000	3 724 000	4 337 000
Unpaid Taxes	58 000	44 000	47 000	11 000
Dividends	0	0	0	0
Other Current Debt	35 207 000	11 960 000	23 347 000	19 408 000
Total Current Debt	37 724 000	15 922 000	31 055 000	32 372 000
Total Equity and Debt	54 238 000	32 854 000	51 280 000	53 426 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,18 %	−2,17 %	25,24 %	−2,14 %
Debt-to-Equity Ratio	1,54	1,68	1,78	2,88
Operating Profit Margin	39,2 %	38,63 %	22,52 %	−97,14 %
Current Ratio	1,17	1,43	1,33	1,34
Quick Ratio	2,88	−3,48	5,12	57,25
Equity Ratio	0,12	0,19	0,14	0,1
Gross Profit Margin	96,65 %	100,55 %	70,86 %	100 %