HOVFARET 13 AS

0275 OSLO

Finances

Share Ownership

Return on Equity

5,4 %

Current Ratio

1,01

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 245 000	6 350 000	4 236 000	4 815 000
Net Income	2 786 000	2 387 000	1 194 000	802 000
Total Assets	58 195 000	57 508 000	55 698 000	54 649 000
Total Equity	51 586 000	51 539 000	51 537 000	51 379 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 245 000	6 350 000	4 236 000	4 815 000
Expenditure	3 980 000	3 418 000	2 786 000	4 014 000
Operating Profit	3 264 000	2 932 000	1 450 000	801 000
Financial Income	320 000	131 000	80 000	228 000
Financial Costs	0	2 000	0	1 000
Financial Balance	320 000	129 000	80 000	227 000
Earnings Before Tax	3 585 000	3 061 000	1 530 000	1 028 000
Tax	799 000	673 000	337 000	226 000
Net Income	2 786 000	2 387 000	1 194 000	802 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	53 454 000	56 594 000	52 544 000	53 343 000
Total Current Assets	4 741 000	913 000	3 155 000	1 307 000
Total Assets	58 195 000	57 508 000	55 698 000	54 649 000
Total Retained Equity	1 174 000	1 126 000	1 124 000	966 000
Total Equity	51 586 000	51 539 000	51 537 000	51 379 000
Total Long-Term Debt	1 893 000	1 866 000	1 866 000	1 821 000
Total Current Debt	4 716 000	4 102 000	2 295 000	1 449 000
Total Equity and Debt	58 195 000	57 508 000	55 698 000	54 649 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 218 000	6 350 000	4 236 000	4 808 000
Other Income	27 000	0	0	7 000
Revenue	7 245 000	6 350 000	4 236 000	4 815 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 007 000	1 000 000	974 000	898 000
Impairment	0	0	0	0
Expenditure	3 980 000	3 418 000	2 786 000	4 014 000
Operating Profit	3 264 000	2 932 000	1 450 000	801 000
Financial Income	320 000	131 000	80 000	228 000
Financial Costs	0	2 000	0	1 000
Financial Balance	320 000	129 000	80 000	227 000
Dividends	0	0	0	0
Net Income	2 786 000	2 387 000	1 194 000	802 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	46 641 000	47 365 000	47 957 000	48 569 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	897 000	810 000	846 000	705 000
Total Tangible Assets	47 539 000	48 175 000	48 804 000	49 274 000
Total Fiancial Fixed Assets	5 916 000	8 420 000	3 740 000	4 069 000
Total Fixed Assets	53 454 000	56 594 000	52 544 000	53 343 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 447 000	313 000	2 965 000	1 049 000
Total Current Assets	4 741 000	913 000	3 155 000	1 307 000
Total Assets	58 195 000	57 508 000	55 698 000	54 649 000
Total Equity	51 586 000	51 539 000	51 537 000	51 379 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 893 000	1 866 000	1 866 000	1 821 000
Creditors	513 000	421 000	451 000	509 000
Unpaid Taxes	46 000	34 000	0	110 000
Dividends	0	0	0	0
Other Current Debt	4 158 000	3 647 000	1 844 000	830 000
Total Current Debt	4 716 000	4 102 000	2 295 000	1 449 000
Total Equity and Debt	58 195 000	57 508 000	55 698 000	54 649 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,4 %	4,63 %	2,32 %	1,56 %
Debt-to-Equity Ratio	0,04	0,04	0,04	0,04
Operating Profit Margin	45,05 %	46,17 %	34,23 %	16,64 %
Current Ratio	1,01	0,22	1,37	0,9
Quick Ratio	1,01	0,22	1,37	0,9
Equity Ratio	0,89	0,9	0,93	0,94
Gross Profit Margin	100 %	100 %	100 %	100 %