HOVENGA REP SERVICE AS

3915 PORSGRUNN

Finances

Share Ownership

Return on Equity

323,18 %

Current Ratio

1,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	655 000	3 000	32 000	154 000
Net Income	488 000	−109 000	−167 000	−70 000
Total Assets	573 000	97 000	134 000	222 000
Total Equity	151 000	−337 000	−228 000	−61 000

Income (NOK)	2022	2021	2020	2019
Revenue	655 000	3 000	32 000	154 000
Expenditure	167 000	112 000	199 000	224 000
Operating Profit	488 000	−109 000	−167 000	−71 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	488 000	−109 000	−167 000	−70 000
Tax	0	0	0	0
Net Income	488 000	−109 000	−167 000	−70 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	71 000	113 000	158 000
Total Current Assets	573 000	25 000	21 000	64 000
Total Assets	573 000	97 000	134 000	222 000
Total Retained Equity	125 000	−362 000	−253 000	−86 000
Total Equity	151 000	−337 000	−228 000	−61 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	422 000	434 000	361 000	282 000
Total Equity and Debt	573 000	97 000	134 000	222 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	655 000	3 000	32 000	154 000
Other Income	0	0	0	0
Revenue	655 000	3 000	32 000	154 000
Cost of Goods Sold	0	0	32 000	18 000
Salary Costs	0	1 000	1 000	42 000
Depreciation	71 000	42 000	45 000	45 000
Impairment	0	0	0	0
Expenditure	167 000	112 000	199 000	224 000
Operating Profit	488 000	−109 000	−167 000	−71 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	488 000	−109 000	−167 000	−70 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	71 000	100 000	128 000
Machinery and Plant Facilities	0	0	14 000	30 000
Fixtures	0	0	0	0
Total Tangible Assets	0	71 000	113 000	158 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	71 000	113 000	158 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	573 000	6 000	11 000	64 000
Total Current Assets	573 000	25 000	21 000	64 000
Total Assets	573 000	97 000	134 000	222 000
Total Equity	151 000	−337 000	−228 000	−61 000
Short-Term Group Debt	6 000	6 000	6 000	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	1 000
Unpaid Taxes	145 000	1 000	0	11 000
Dividends	0	0	0	0
Other Current Debt	272 000	426 000	356 000	270 000
Total Current Debt	422 000	434 000	361 000	282 000
Total Equity and Debt	573 000	97 000	134 000	222 000

Financial indicators	2022	2021	2020	2019
Return on Equity	323,18 %	32,34 %	73,25 %	114,75 %
Debt-to-Equity Ratio	0	−0	−0	−0
Operating Profit Margin	74,5 %	−3 633,33 %	−521,88 %	−46,1 %
Current Ratio	1,36	0,06	0,06	0,23
Quick Ratio	1,36	0,06	0,06	0,23
Equity Ratio	0,26	−3,47	−1,7	−0,27
Gross Profit Margin	100 %	100 %	0 %	88,31 %