HOVE MASKININVEST AS

6977 BYGSTAD

Finances

Share Ownership

Return on Equity

2,59 %

Current Ratio

17,3

Debt-to-Equity Ratio

0,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	550 000	507 000	722 000	752 000
Net Income	14 000	126 000	−154 000	33 000
Total Assets	1 090 000	1 028 000	1 743 000	1 482 000
Total Equity	541 000	527 000	401 000	438 000

Income (NOK)	2022	2021	2020	2019
Revenue	550 000	507 000	722 000	752 000
Expenditure	532 000	345 000	919 000	726 000
Operating Profit	18 000	162 000	−197 000	26 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	18 000	162 000	−197 000	26 000
Tax	4 000	36 000	−43 000	−7 000
Net Income	14 000	126 000	−154 000	33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	509 000	0
Total Current Assets	1 090 000	1 028 000	1 234 000	1 482 000
Total Assets	1 090 000	1 028 000	1 743 000	1 482 000
Total Retained Equity	111 000	97 000	−179 000	8 000
Total Equity	541 000	527 000	401 000	438 000
Total Long-Term Debt	487 000	33 000	705 000	0
Total Current Debt	63 000	468 000	638 000	1 044 000
Total Equity and Debt	1 090 000	1 028 000	1 743 000	1 482 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	550 000	207 000	537 000	752 000
Other Income	0	300 000	185 000	0
Revenue	550 000	507 000	722 000	752 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	9 000	92 000	0
Impairment	0	0	0	0
Expenditure	532 000	345 000	919 000	726 000
Operating Profit	18 000	162 000	−197 000	26 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	14 000	126 000	−154 000	33 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	509 000	0
Total Tangible Assets	0	0	509 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	509 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	31 000	75 000	65 000	35 000
Total Current Assets	1 090 000	1 028 000	1 234 000	1 482 000
Total Assets	1 090 000	1 028 000	1 743 000	1 482 000
Total Equity	541 000	527 000	401 000	438 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	487 000	33 000	705 000	0
Creditors	29 000	1 000	5 000	85 000
Unpaid Taxes	3 000	17 000	32 000	71 000
Dividends	0	0	0	0
Other Current Debt	31 000	450 000	600 000	880 000
Total Current Debt	63 000	468 000	638 000	1 044 000
Total Equity and Debt	1 090 000	1 028 000	1 743 000	1 482 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,59 %	23,91 %	−38,4 %	7,53 %
Debt-to-Equity Ratio	0,9	0,06	1,76	0
Operating Profit Margin	3,27 %	31,95 %	−27,29 %	3,46 %
Current Ratio	17,3	2,2	1,93	1,42
Quick Ratio	17,3	2,2	1,93	1,42
Equity Ratio	0,5	0,51	0,23	0,3
Gross Profit Margin	100 %	100 %	100 %	100 %