HOVDESUND AS

5411 STORD

Finances

Return on Equity

−10,49 %

Current Ratio

109,59

Debt-to-Equity Ratio

1,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−90 000	159 000	−310 000	554 000
Total Assets	1 863 000	1 753 000	1 929 000	1 923 000
Total Equity	858 000	948 000	790 000	1 100 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	31 000	10 000	13 000	24 000
Operating Profit	−31 000	−10 000	−13 000	−24 000
Financial Income	133 000	583 000	182 000	628 000
Financial Costs	193 000	414 000	480 000	11 000
Financial Balance	−60 000	169 000	−298 000	617 000
Earnings Before Tax	−90 000	159 000	−310 000	594 000
Tax	0	0	0	39 000
Net Income	−90 000	159 000	−310 000	554 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 863 000	1 753 000	1 929 000	1 923 000
Total Assets	1 863 000	1 753 000	1 929 000	1 923 000
Total Retained Equity	828 000	918 000	760 000	1 070 000
Total Equity	858 000	948 000	790 000	1 100 000
Total Long-Term Debt	988 000	804 000	0	783 000
Total Current Debt	17 000	0	1 140 000	40 000
Total Equity and Debt	1 863 000	1 753 000	1 929 000	1 923 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	31 000	10 000	13 000	24 000
Operating Profit	−31 000	−10 000	−13 000	−24 000
Financial Income	133 000	583 000	182 000	628 000
Financial Costs	193 000	414 000	480 000	11 000
Financial Balance	−60 000	169 000	−298 000	617 000
Dividends	0	0	0	0
Net Income	−90 000	159 000	−310 000	554 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	1 856 000	1 567 000	1 919 000	1 490 000
Cash, Bank	7 000	185 000	11 000	433 000
Total Current Assets	1 863 000	1 753 000	1 929 000	1 923 000
Total Assets	1 863 000	1 753 000	1 929 000	1 923 000
Total Equity	858 000	948 000	790 000	1 100 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	988 000	804 000	0	783 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	17 000	0	1 140 000	1 000
Total Current Debt	17 000	0	1 140 000	40 000
Total Equity and Debt	1 863 000	1 753 000	1 929 000	1 923 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,49 %	16,77 %	−39,24 %	50,36 %
Debt-to-Equity Ratio	1,15	0,85	0	0,71
Operating Profit Margin	-	-	-	-
Current Ratio	109,59	-	1,69	48,08
Quick Ratio	109,59	-	1,69	48,08
Equity Ratio	0,46	0,54	0,41	0,57
Gross Profit Margin	-	-	-	-