FJELLGARDEN HOVDEN AS

4755 HOVDEN I SETESDAL

Finances

Return on Equity

81,72 %

Current Ratio

1,03

Debt-to-Equity Ratio

−1,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 271 000	6 512 000	6 811 000	5 705 000
Net Income	−1 024 000	582 000	544 000	394 000
Total Assets	2 449 000	3 158 000	2 075 000	1 924 000
Total Equity	−1 253 000	−230 000	−812 000	−1 356 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 271 000	6 512 000	6 811 000	5 705 000
Expenditure	6 107 000	5 800 000	6 050 000	5 113 000
Operating Profit	−837 000	711 000	760 000	591 000
Financial Income	6 000	8 000	8 000	6 000
Financial Costs	193 000	137 000	224 000	203 000
Financial Balance	−187 000	−129 000	−216 000	−197 000
Earnings Before Tax	−1 024 000	582 000	544 000	394 000
Tax	0	0	0	0
Net Income	−1 024 000	582 000	544 000	394 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	768 000	863 000	232 000	295 000
Total Current Assets	1 681 000	2 295 000	1 843 000	1 629 000
Total Assets	2 449 000	3 158 000	2 075 000	1 924 000
Total Retained Equity	−1 283 000	−260 000	−842 000	−1 386 000
Total Equity	−1 253 000	−230 000	−812 000	−1 356 000
Total Long-Term Debt	2 070 000	2 262 000	0	0
Total Current Debt	1 632 000	1 126 000	2 887 000	3 280 000
Total Equity and Debt	2 449 000	3 158 000	2 075 000	1 924 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 175 000	6 088 000	6 090 000	5 014 000
Other Income	95 000	424 000	722 000	690 000
Revenue	5 271 000	6 512 000	6 811 000	5 705 000
Cost of Goods Sold	3 594 000	3 357 000	3 864 000	2 956 000
Salary Costs	1 276 000	1 195 000	964 000	1 006 000
Depreciation	181 000	126 000	63 000	74 000
Impairment	0	0	0	0
Expenditure	6 107 000	5 800 000	6 050 000	5 113 000
Operating Profit	−837 000	711 000	760 000	591 000
Financial Income	6 000	8 000	8 000	6 000
Financial Costs	193 000	137 000	224 000	203 000
Financial Balance	−187 000	−129 000	−216 000	−197 000
Dividends	0	0	0	0
Net Income	−1 024 000	582 000	544 000	394 000

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	768 000	863 000	232 000	295 000
Fixtures	0	0	0	0
Total Tangible Assets	768 000	863 000	232 000	295 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	768 000	863 000	232 000	295 000
Stock	599 000	794 000	678 000	618 000
Total Investments	0	0	0	0
Cash, Bank	61 000	194 000	108 000	69 000
Total Current Assets	1 681 000	2 295 000	1 843 000	1 629 000
Total Assets	2 449 000	3 158 000	2 075 000	1 924 000
Total Equity	−1 253 000	−230 000	−812 000	−1 356 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 070 000	2 262 000	0	0
Creditors	518 000	867 000	381 000	301 000
Unpaid Taxes	374 000	207 000	232 000	223 000
Dividends	0	0	0	0
Other Current Debt	178 000	52 000	42 000	325 000
Total Current Debt	1 632 000	1 126 000	2 887 000	3 280 000
Total Equity and Debt	2 449 000	3 158 000	2 075 000	1 924 000

Financial indicators	2022	2021	2020	2019
Return on Equity	81,72 %	−253,04 %	−67 %	−29,06 %
Debt-to-Equity Ratio	−1,65	−9,83	−0	−0
Operating Profit Margin	−15,88 %	10,92 %	11,16 %	10,36 %
Current Ratio	1,03	2,04	0,64	0,5
Quick Ratio	1,63	6,91	0,83	0,61
Equity Ratio	−0,51	−0,07	−0,39	−0,7
Gross Profit Margin	31,82 %	48,45 %	43,27 %	48,19 %