HOVET SKOLE EIENDOM AS

3713 SKIEN

Finances

Share Ownership

Return on Equity

56,46 %

Current Ratio

0,83

Debt-to-Equity Ratio

11,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 478 000	2 185 000	2 322 000	2 206 000
Net Income	843 000	746 000	1 035 000	833 000
Total Assets	19 380 000	14 390 000	15 180 000	17 030 000
Total Equity	1 493 000	1 584 000	1 664 000	1 731 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 478 000	2 185 000	2 322 000	2 206 000
Expenditure	983 000	981 000	685 000	665 000
Operating Profit	1 495 000	1 204 000	1 637 000	1 541 000
Financial Income	306 000	113 000	104 000	27 000
Financial Costs	695 000	338 000	398 000	501 000
Financial Balance	−389 000	−225 000	−294 000	−474 000
Earnings Before Tax	1 107 000	979 000	1 344 000	1 068 000
Tax	263 000	233 000	309 000	235 000
Net Income	843 000	746 000	1 035 000	833 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 059 000	14 150 000	14 292 000	15 901 000
Total Current Assets	321 000	240 000	888 000	1 129 000
Total Assets	19 380 000	14 390 000	15 180 000	17 030 000
Total Retained Equity	1 185 000	1 276 000	1 356 000	1 423 000
Total Equity	1 493 000	1 584 000	1 664 000	1 731 000
Total Long-Term Debt	17 500 000	12 600 000	13 320 000	14 042 000
Total Current Debt	387 000	206 000	196 000	1 257 000
Total Equity and Debt	19 380 000	14 390 000	15 180 000	17 030 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 478 000	2 185 000	2 322 000	2 206 000
Revenue	2 478 000	2 185 000	2 322 000	2 206 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	300 000	300 000	300 000	300 000
Impairment	0	0	0	0
Expenditure	983 000	981 000	685 000	665 000
Operating Profit	1 495 000	1 204 000	1 637 000	1 541 000
Financial Income	306 000	113 000	104 000	27 000
Financial Costs	695 000	338 000	398 000	501 000
Financial Balance	−389 000	−225 000	−294 000	−474 000
Dividends	0	0	0	0
Net Income	843 000	746 000	1 035 000	833 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 974 000	13 274 000	13 574 000	13 874 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	12 974 000	13 274 000	13 574 000	13 874 000
Total Fiancial Fixed Assets	6 085 000	876 000	718 000	2 027 000
Total Fixed Assets	19 059 000	14 150 000	14 292 000	15 901 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	85 000	47 000	720 000	971 000
Total Current Assets	321 000	240 000	888 000	1 129 000
Total Assets	19 380 000	14 390 000	15 180 000	17 030 000
Total Equity	1 493 000	1 584 000	1 664 000	1 731 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 500 000	12 600 000	13 320 000	14 042 000
Creditors	4 000	6 000	4 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	383 000	200 000	192 000	1 240 000
Total Current Debt	387 000	206 000	196 000	1 257 000
Total Equity and Debt	19 380 000	14 390 000	15 180 000	17 030 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,46 %	47,1 %	62,2 %	48,12 %
Debt-to-Equity Ratio	11,72	7,95	8	8,11
Operating Profit Margin	60,33 %	55,1 %	70,5 %	69,85 %
Current Ratio	0,83	1,17	4,53	0,9
Quick Ratio	0,83	1,17	4,53	0,9
Equity Ratio	0,08	0,11	0,11	0,1
Gross Profit Margin	100 %	100 %	100 %	100 %