HOVSBAKKVEIEN 123 AS

7200 KYRKSÆTERØRA

Finances

Share Ownership

Return on Equity

25,54 %

Current Ratio

1,46

Debt-to-Equity Ratio

8,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 980 000	1 935 000	2 523 000	2 213 000
Net Income	471 000	376 000	846 000	573 000
Total Assets	18 703 000	20 592 000	20 678 000	20 026 000
Total Equity	1 844 000	1 374 000	998 000	152 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 980 000	1 935 000	2 523 000	2 213 000
Expenditure	875 000	891 000	793 000	750 000
Operating Profit	1 105 000	1 044 000	1 729 000	1 463 000
Financial Income	35 000	8 000	8 000	20 000
Financial Costs	536 000	570 000	654 000	750 000
Financial Balance	−501 000	−562 000	−646 000	−730 000
Earnings Before Tax	603 000	482 000	1 084 000	734 000
Tax	133 000	106 000	239 000	161 000
Net Income	471 000	376 000	846 000	573 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 985 000	17 567 000	18 150 000	18 734 000
Total Current Assets	1 717 000	3 025 000	2 528 000	1 292 000
Total Assets	18 703 000	20 592 000	20 678 000	20 026 000
Total Retained Equity	−8 790 000	−9 261 000	−9 637 000	−10 482 000
Total Equity	1 844 000	1 374 000	998 000	152 000
Total Long-Term Debt	15 686 000	16 551 000	19 411 000	19 811 000
Total Current Debt	1 173 000	2 668 000	269 000	63 000
Total Equity and Debt	18 703 000	20 592 000	20 678 000	20 026 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 980 000	1 935 000	2 523 000	2 213 000
Other Income	0	0	0	0
Revenue	1 980 000	1 935 000	2 523 000	2 213 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	582 000	582 000	584 000	584 000
Impairment	0	0	0	0
Expenditure	875 000	891 000	793 000	750 000
Operating Profit	1 105 000	1 044 000	1 729 000	1 463 000
Financial Income	35 000	8 000	8 000	20 000
Financial Costs	536 000	570 000	654 000	750 000
Financial Balance	−501 000	−562 000	−646 000	−730 000
Dividends	0	0	0	0
Net Income	471 000	376 000	846 000	573 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 985 000	17 567 000	18 150 000	18 734 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	16 985 000	17 567 000	18 150 000	18 734 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 985 000	17 567 000	18 150 000	18 734 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 700 000	2 993 000	2 523 000	1 290 000
Total Current Assets	1 717 000	3 025 000	2 528 000	1 292 000
Total Assets	18 703 000	20 592 000	20 678 000	20 026 000
Total Equity	1 844 000	1 374 000	998 000	152 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 686 000	16 551 000	19 411 000	19 811 000
Creditors	33 000	10 000	17 000	3 000
Unpaid Taxes	0	340 000	0	0
Dividends	0	0	0	0
Other Current Debt	959 000	2 169 000	22 000	59 000
Total Current Debt	1 173 000	2 668 000	269 000	63 000
Total Equity and Debt	18 703 000	20 592 000	20 678 000	20 026 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,54 %	27,37 %	84,77 %	376,97 %
Debt-to-Equity Ratio	8,51	12,05	19,45	130,34
Operating Profit Margin	55,81 %	53,95 %	68,53 %	66,11 %
Current Ratio	1,46	1,13	9,4	20,51
Quick Ratio	1,46	1,13	9,4	20,51
Equity Ratio	0,1	0,07	0,05	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %