HOVDEN HYTTEUTVIKLING AS

4629 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−13,55 %

Current Ratio

1,05

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 000	1 569 000	57 000	2 461 000
Net Income	−266 000	954 000	−38 000	179 000
Total Assets	10 471 000	9 697 000	12 876 000	13 124 000
Total Equity	1 963 000	2 229 000	1 275 000	1 276 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 000	1 569 000	57 000	2 461 000
Expenditure	162 000	144 000	105 000	2 233 000
Operating Profit	−136 000	1 425 000	−48 000	228 000
Financial Income	50 000	0	0	1 000
Financial Costs	255 000	203 000	0	0
Financial Balance	−205 000	−203 000	0	1 000
Earnings Before Tax	−340 000	1 222 000	−48 000	229 000
Tax	−75 000	269 000	−10 000	50 000
Net Income	−266 000	954 000	−38 000	179 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 716 000	0	4 875 000	0
Total Current Assets	8 756 000	9 697 000	8 001 000	13 124 000
Total Assets	10 471 000	9 697 000	12 876 000	13 124 000
Total Retained Equity	1 784 000	2 049 000	1 096 000	1 133 000
Total Equity	1 963 000	2 229 000	1 275 000	1 276 000
Total Long-Term Debt	194 000	269 000	0	0
Total Current Debt	8 315 000	7 200 000	11 601 000	11 848 000
Total Equity and Debt	10 471 000	9 697 000	12 876 000	13 124 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 000	143 000	57 000	2 461 000
Other Income	0	1 426 000	0	0
Revenue	26 000	1 569 000	57 000	2 461 000
Cost of Goods Sold	0	0	0	2 143 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	162 000	144 000	105 000	2 233 000
Operating Profit	−136 000	1 425 000	−48 000	228 000
Financial Income	50 000	0	0	1 000
Financial Costs	255 000	203 000	0	0
Financial Balance	−205 000	−203 000	0	1 000
Dividends	0	0	0	0
Net Income	−266 000	954 000	−38 000	179 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	4 875 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	4 875 000	0
Total Fiancial Fixed Assets	1 716 000	0	0	0
Total Fixed Assets	1 716 000	0	4 875 000	0
Stock	8 384 000	8 124 000	7 875 000	12 742 000
Total Investments	0	0	0	0
Cash, Bank	363 000	1 574 000	110 000	380 000
Total Current Assets	8 756 000	9 697 000	8 001 000	13 124 000
Total Assets	10 471 000	9 697 000	12 876 000	13 124 000
Total Equity	1 963 000	2 229 000	1 275 000	1 276 000
Short-Term Group Debt	8 275 000	6 866 000	0	0
Total Long-Term Debt	194 000	269 000	0	0
Creditors	31 000	317 000	3 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	9 000	17 000	11 598 000	11 848 000
Total Current Debt	8 315 000	7 200 000	11 601 000	11 848 000
Total Equity and Debt	10 471 000	9 697 000	12 876 000	13 124 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,55 %	42,8 %	−2,98 %	14,03 %
Debt-to-Equity Ratio	0,1	0,12	0	0
Operating Profit Margin	−523,08 %	90,82 %	−84,21 %	9,26 %
Current Ratio	1,05	1,35	0,69	1,11
Quick Ratio	−126,9	−10,49	2,15	−14,68
Equity Ratio	0,19	0,23	0,1	0,1
Gross Profit Margin	100 %	100 %	100 %	12,92 %