HOVDEN NÆRINGSBYGG AS

4756 HOVDEN I SETESDAL

Finances

Return on Equity

25,56 %

Current Ratio

1,78

Debt-to-Equity Ratio

18,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 601 000	3 418 000	3 134 000	2 572 000
Net Income	548 000	853 000	622 000	327 000
Total Assets	43 298 000	43 115 000	32 900 000	31 155 000
Total Equity	2 144 000	1 596 000	−1 512 000	−2 135 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 601 000	3 418 000	3 134 000	2 572 000
Expenditure	1 457 000	1 517 000	1 478 000	1 345 000
Operating Profit	2 144 000	1 901 000	1 656 000	1 227 000
Financial Income	3 000	0	1 000	1 000
Financial Costs	1 435 000	820 000	854 000	830 000
Financial Balance	−1 432 000	−820 000	−853 000	−829 000
Earnings Before Tax	712 000	1 080 000	803 000	399 000
Tax	164 000	227 000	180 000	72 000
Net Income	548 000	853 000	622 000	327 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 048 000	42 471 000	32 383 000	30 252 000
Total Current Assets	1 249 000	644 000	517 000	903 000
Total Assets	43 298 000	43 115 000	32 900 000	31 155 000
Total Retained Equity	2 112 000	1 564 000	−1 544 000	−2 167 000
Total Equity	2 144 000	1 596 000	−1 512 000	−2 135 000
Total Long-Term Debt	40 451 000	39 801 000	33 862 000	31 646 000
Total Current Debt	702 000	1 719 000	549 000	1 644 000
Total Equity and Debt	43 298 000	43 115 000	32 900 000	31 155 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 601 000	3 418 000	3 134 000	2 572 000
Revenue	3 601 000	3 418 000	3 134 000	2 572 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 110 000	1 087 000	1 001 000	819 000
Impairment	0	0	0	0
Expenditure	1 457 000	1 517 000	1 478 000	1 345 000
Operating Profit	2 144 000	1 901 000	1 656 000	1 227 000
Financial Income	3 000	0	1 000	1 000
Financial Costs	1 435 000	820 000	854 000	830 000
Financial Balance	−1 432 000	−820 000	−853 000	−829 000
Dividends	0	0	0	0
Net Income	548 000	853 000	622 000	327 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	40 542 000	40 909 000	32 265 000	30 078 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 000	62 000	118 000	174 000
Total Tangible Assets	40 548 000	40 971 000	32 383 000	30 252 000
Total Fiancial Fixed Assets	1 500 000	1 500 000	0	0
Total Fixed Assets	42 048 000	42 471 000	32 383 000	30 252 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	208 000	81 000	10 000	19 000
Total Current Assets	1 249 000	644 000	517 000	903 000
Total Assets	43 298 000	43 115 000	32 900 000	31 155 000
Total Equity	2 144 000	1 596 000	−1 512 000	−2 135 000
Short-Term Group Debt	0	650 000	107 000	7 000
Total Long-Term Debt	40 451 000	39 801 000	33 862 000	31 646 000
Creditors	12 000	14 000	28 000	1 403 000
Unpaid Taxes	80 000	78 000	65 000	0
Dividends	0	0	0	0
Other Current Debt	389 000	775 000	121 000	102 000
Total Current Debt	702 000	1 719 000	549 000	1 644 000
Total Equity and Debt	43 298 000	43 115 000	32 900 000	31 155 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,56 %	53,45 %	−41,14 %	−15,32 %
Debt-to-Equity Ratio	18,87	24,94	−22,4	−14,82
Operating Profit Margin	59,54 %	55,62 %	52,84 %	47,71 %
Current Ratio	1,78	0,37	0,94	0,55
Quick Ratio	1,78	0,37	0,94	0,55
Equity Ratio	0,05	0,04	−0,05	−0,07
Gross Profit Margin	100 %	100 %	100 %	100 %