HOVINDTUNET BORETTSLAG

3211 SANDEFJORD

Finances

Share Ownership

Return on Equity

25,75 %

Current Ratio

11,31

Debt-to-Equity Ratio

91,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	968 000	800 000	878 000	736 000
Net Income	111 000	95 000	124 000	−48 000
Total Assets	39 757 000	39 653 000	39 581 000	19 822 000
Total Equity	431 000	320 000	225 000	40 000

Income (NOK)	2022	2021	2020	2019
Revenue	968 000	800 000	878 000	736 000
Expenditure	417 000	423 000	357 000	362 000
Operating Profit	551 000	377 000	521 000	374 000
Financial Income	4 000	0	0	0
Financial Costs	443 000	282 000	397 000	423 000
Financial Balance	−439 000	−282 000	−397 000	−423 000
Earnings Before Tax	111 000	95 000	124 000	−48 000
Tax	0	0	0	0
Net Income	111 000	95 000	124 000	−48 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 350 000	39 350 000	39 350 000	19 646 000
Total Current Assets	407 000	303 000	231 000	177 000
Total Assets	39 757 000	39 653 000	39 581 000	19 822 000
Total Retained Equity	371 000	260 000	165 000	−20 000
Total Equity	431 000	320 000	225 000	40 000
Total Long-Term Debt	39 290 000	39 290 000	39 290 000	19 645 000
Total Current Debt	36 000	43 000	66 000	137 000
Total Equity and Debt	39 757 000	39 653 000	39 581 000	19 822 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	878 000	736 000
Other Income	968 000	800 000	0	0
Revenue	968 000	800 000	878 000	736 000
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	417 000	423 000	357 000	362 000
Operating Profit	551 000	377 000	521 000	374 000
Financial Income	4 000	0	0	0
Financial Costs	443 000	282 000	397 000	423 000
Financial Balance	−439 000	−282 000	−397 000	−423 000
Dividends	0	0	0	0
Net Income	111 000	95 000	124 000	−48 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	39 350 000	39 350 000	39 350 000	19 646 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	39 350 000	39 350 000	39 350 000	19 646 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	39 350 000	39 350 000	39 350 000	19 646 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	385 000	244 000	231 000	149 000
Total Current Assets	407 000	303 000	231 000	177 000
Total Assets	39 757 000	39 653 000	39 581 000	19 822 000
Total Equity	431 000	320 000	225 000	40 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	39 290 000	39 290 000	39 290 000	19 645 000
Creditors	32 000	33 000	2 000	48 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 000	10 000	65 000	89 000
Total Current Debt	36 000	43 000	66 000	137 000
Total Equity and Debt	39 757 000	39 653 000	39 581 000	19 822 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,75 %	29,69 %	55,11 %	−120 %
Debt-to-Equity Ratio	91,16	122,78	174,62	491,13
Operating Profit Margin	56,92 %	47,13 %	59,34 %	50,82 %
Current Ratio	11,31	7,05	3,5	1,29
Quick Ratio	11,31	7,05	3,5	1,29
Equity Ratio	0,01	0,01	0,01	0
Gross Profit Margin	100 %	100 %	100 %	100 %