HOV UTVIKLING AS

2815 GJØVIK

Finances

Share Ownership

Return on Equity

44,37 %

Current Ratio

1,54

Debt-to-Equity Ratio

1,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 283 000	2 915 000	1 252 000	4 899 000
Net Income	1 741 000	446 000	−1 476 000	748 000
Total Assets	9 471 000	6 565 000	6 343 000	8 406 000
Total Equity	3 924 000	2 184 000	1 737 000	3 213 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 283 000	2 915 000	1 252 000	4 899 000
Expenditure	1 940 000	2 159 000	2 908 000	3 666 000
Operating Profit	2 343 000	756 000	−1 656 000	1 233 000
Financial Income	0	0	1 000	2 000
Financial Costs	112 000	183 000	242 000	276 000
Financial Balance	−112 000	−183 000	−241 000	−274 000
Earnings Before Tax	2 231 000	572 000	−1 897 000	959 000
Tax	491 000	126 000	−422 000	211 000
Net Income	1 741 000	446 000	−1 476 000	748 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 370 000	5 974 000	5 914 000	3 508 000
Total Current Assets	1 101 000	591 000	428 000	4 898 000
Total Assets	9 471 000	6 565 000	6 343 000	8 406 000
Total Retained Equity	3 894 000	2 153 000	1 707 000	3 183 000
Total Equity	3 924 000	2 184 000	1 737 000	3 213 000
Total Long-Term Debt	4 832 000	3 472 000	4 180 000	4 684 000
Total Current Debt	714 000	909 000	425 000	509 000
Total Equity and Debt	9 471 000	6 565 000	6 343 000	8 406 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	308 000
Other Income	4 283 000	2 915 000	1 252 000	4 591 000
Revenue	4 283 000	2 915 000	1 252 000	4 899 000
Cost of Goods Sold	0	0	8 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	75 000	93 000
Impairment	0	0	0	0
Expenditure	1 940 000	2 159 000	2 908 000	3 666 000
Operating Profit	2 343 000	756 000	−1 656 000	1 233 000
Financial Income	0	0	1 000	2 000
Financial Costs	112 000	183 000	242 000	276 000
Financial Balance	−112 000	−183 000	−241 000	−274 000
Dividends	0	0	0	0
Net Income	1 741 000	446 000	−1 476 000	748 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	368 000	494 000	72 000
Real Eastate	7 770 000	5 606 000	5 421 000	3 436 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 770 000	5 606 000	5 421 000	3 436 000
Total Fiancial Fixed Assets	600 000	0	0	0
Total Fixed Assets	8 370 000	5 974 000	5 914 000	3 508 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 067 000	533 000	105 000	4 481 000
Total Current Assets	1 101 000	591 000	428 000	4 898 000
Total Assets	9 471 000	6 565 000	6 343 000	8 406 000
Total Equity	3 924 000	2 184 000	1 737 000	3 213 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 832 000	3 472 000	4 180 000	4 684 000
Creditors	116 000	23 000	108 000	172 000
Unpaid Taxes	0	0	0	−6 000
Dividends	0	0	0	0
Other Current Debt	598 000	886 000	317 000	323 000
Total Current Debt	714 000	909 000	425 000	509 000
Total Equity and Debt	9 471 000	6 565 000	6 343 000	8 406 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,37 %	20,42 %	−84,97 %	23,28 %
Debt-to-Equity Ratio	1,23	1,59	2,41	1,46
Operating Profit Margin	54,7 %	25,93 %	−132,27 %	25,17 %
Current Ratio	1,54	0,65	1,01	9,62
Quick Ratio	1,54	0,65	1,01	9,62
Equity Ratio	0,41	0,33	0,27	0,38
Gross Profit Margin	100 %	100 %	99,36 %	100 %