HOVENGABAKKEN BORETTSLAG

3916 PORSGRUNN

Finances

Share Ownership

Return on Equity

1,27 %

Current Ratio

0,08

Debt-to-Equity Ratio

75,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	475 000	425 000	455 000	396 000
Net Income	3 000	96 000	78 000	−40 000
Total Assets	18 851 000	18 058 000	17 952 000	17 874 000
Total Equity	237 000	234 000	138 000	60 000

Income (NOK)	2022	2021	2020	2019
Revenue	475 000	425 000	455 000	396 000
Expenditure	190 000	147 000	134 000	146 000
Operating Profit	285 000	278 000	321 000	250 000
Financial Income	3 000	0	0	0
Financial Costs	285 000	182 000	243 000	290 000
Financial Balance	−282 000	−182 000	−243 000	−290 000
Earnings Before Tax	3 000	96 000	78 000	−40 000
Tax	0	0	0	0
Net Income	3 000	96 000	78 000	−40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 786 000	17 860 000	17 840 000	17 810 000
Total Current Assets	65 000	198 000	112 000	64 000
Total Assets	18 851 000	18 058 000	17 952 000	17 874 000
Total Retained Equity	217 000	214 000	118 000	40 000
Total Equity	237 000	234 000	138 000	60 000
Total Long-Term Debt	17 800 000	17 800 000	17 800 000	17 800 000
Total Current Debt	814 000	25 000	14 000	14 000
Total Equity and Debt	18 851 000	18 058 000	17 952 000	17 874 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	475 000	425 000	455 000	396 000
Revenue	475 000	425 000	455 000	396 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	190 000	147 000	134 000	146 000
Operating Profit	285 000	278 000	321 000	250 000
Financial Income	3 000	0	0	0
Financial Costs	285 000	182 000	243 000	290 000
Financial Balance	−282 000	−182 000	−243 000	−290 000
Dividends	0	0	0	0
Net Income	3 000	96 000	78 000	−40 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	17 800 000	17 800 000	17 800 000	17 800 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	17 800 000	17 800 000	17 800 000	17 800 000
Total Fiancial Fixed Assets	986 000	60 000	40 000	10 000
Total Fixed Assets	18 786 000	17 860 000	17 840 000	17 810 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	49 000	184 000	98 000	52 000
Total Current Assets	65 000	198 000	112 000	64 000
Total Assets	18 851 000	18 058 000	17 952 000	17 874 000
Total Equity	237 000	234 000	138 000	60 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 800 000	17 800 000	17 800 000	17 800 000
Creditors	28 000	24 000	13 000	12 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	786 000	1 000	1 000	2 000
Total Current Debt	814 000	25 000	14 000	14 000
Total Equity and Debt	18 851 000	18 058 000	17 952 000	17 874 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,27 %	41,03 %	56,52 %	−66,67 %
Debt-to-Equity Ratio	75,11	76,07	128,99	296,67
Operating Profit Margin	60 %	65,41 %	70,55 %	63,13 %
Current Ratio	0,08	7,92	8	4,57
Quick Ratio	0,08	7,92	8	4,57
Equity Ratio	0,01	0,01	0,01	0
Gross Profit Margin	100 %	100 %	100 %	100 %