HOVDEN 1 AS

4708 VENNESLA

Finances

Share Ownership

Return on Equity

−25,28 %

Current Ratio

1,28

Debt-to-Equity Ratio

−16,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 665 000	8 770 000	190 000	233 000
Net Income	67 000	225 000	−245 000	−293 000
Total Assets	6 383 000	8 398 000	10 397 000	5 698 000
Total Equity	−265 000	−332 000	−557 000	−313 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 665 000	8 770 000	190 000	233 000
Expenditure	11 206 000	8 194 000	165 000	237 000
Operating Profit	458 000	576 000	25 000	−5 000
Financial Income	0	0	0	0
Financial Costs	392 000	351 000	270 000	289 000
Financial Balance	−392 000	−351 000	−270 000	−289 000
Earnings Before Tax	67 000	225 000	−245 000	−293 000
Tax	0	0	0	0
Net Income	67 000	225 000	−245 000	−293 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 468 000	3 468 000	3 468 000	3 468 000
Total Current Assets	2 915 000	4 930 000	6 929 000	2 231 000
Total Assets	6 383 000	8 398 000	10 397 000	5 698 000
Total Retained Equity	−295 000	−362 000	−587 000	−343 000
Total Equity	−265 000	−332 000	−557 000	−313 000
Total Long-Term Debt	4 372 000	7 983 000	5 615 000	5 659 000
Total Current Debt	2 276 000	747 000	5 339 000	352 000
Total Equity and Debt	6 383 000	8 398 000	10 397 000	5 698 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 528 000	8 620 000	0	0
Other Income	137 000	150 000	190 000	233 000
Revenue	11 665 000	8 770 000	190 000	233 000
Cost of Goods Sold	10 975 000	7 950 000	0	52 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	11 206 000	8 194 000	165 000	237 000
Operating Profit	458 000	576 000	25 000	−5 000
Financial Income	0	0	0	0
Financial Costs	392 000	351 000	270 000	289 000
Financial Balance	−392 000	−351 000	−270 000	−289 000
Dividends	0	0	0	0
Net Income	67 000	225 000	−245 000	−293 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 468 000	3 468 000	3 468 000	3 468 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 468 000	3 468 000	3 468 000	3 468 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 468 000	3 468 000	3 468 000	3 468 000
Stock	0	4 030 000	6 823 000	2 140 000
Total Investments	0	0	0	0
Cash, Bank	2 523 000	802 000	6 000	43 000
Total Current Assets	2 915 000	4 930 000	6 929 000	2 231 000
Total Assets	6 383 000	8 398 000	10 397 000	5 698 000
Total Equity	−265 000	−332 000	−557 000	−313 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 372 000	7 983 000	5 615 000	5 659 000
Creditors	114 000	102 000	287 000	−92 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 163 000	646 000	611 000	444 000
Total Current Debt	2 276 000	747 000	5 339 000	352 000
Total Equity and Debt	6 383 000	8 398 000	10 397 000	5 698 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−25,28 %	−67,77 %	43,99 %	93,61 %
Debt-to-Equity Ratio	−16,5	−24,05	−10,08	−18,08
Operating Profit Margin	3,93 %	6,57 %	13,16 %	−2,15 %
Current Ratio	1,28	6,6	1,3	6,34
Quick Ratio	1,28	−1,5	−4,67	−1,25
Equity Ratio	−0,04	−0,04	−0,05	−0,05
Gross Profit Margin	5,92 %	9,35 %	100 %	77,68 %