HOVIND HOLDING AS

3560 HEMSEDAL

Finances

Return on Equity

−74,13 %

Current Ratio

1,07

Debt-to-Equity Ratio

−1,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	575 000	275 000	42 000	0
Net Income	361 000	59 000	−23 000	−957 000
Total Assets	187 000	251 000	201 000	308 000
Total Equity	−487 000	−849 000	−908 000	−884 000

Income (NOK)	2022	2021	2020	2019
Revenue	575 000	275 000	42 000	0
Expenditure	187 000	190 000	20 000	12 000
Operating Profit	388 000	85 000	22 000	−12 000
Financial Income	90 000	3 000	31 000	0
Financial Costs	11 000	10 000	75 000	946 000
Financial Balance	79 000	−7 000	−44 000	−946 000
Earnings Before Tax	467 000	78 000	−23 000	−957 000
Tax	105 000	19 000	1 000	0
Net Income	361 000	59 000	−23 000	−957 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 000	18 000	136 000	0
Total Current Assets	147 000	233 000	64 000	308 000
Total Assets	187 000	251 000	201 000	308 000
Total Retained Equity	−517 000	−879 000	−938 000	−914 000
Total Equity	−487 000	−849 000	−908 000	−884 000
Total Long-Term Debt	536 000	1 041 000	1 102 000	1 193 000
Total Current Debt	138 000	59 000	7 000	0
Total Equity and Debt	187 000	251 000	201 000	308 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	575 000	275 000	42 000	0
Other Income	0	0	0	0
Revenue	575 000	275 000	42 000	0
Cost of Goods Sold	0	6 000	0	0
Salary Costs	2 000	28 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	187 000	190 000	20 000	12 000
Operating Profit	388 000	85 000	22 000	−12 000
Financial Income	90 000	3 000	31 000	0
Financial Costs	11 000	10 000	75 000	946 000
Financial Balance	79 000	−7 000	−44 000	−946 000
Dividends	0	0	0	0
Net Income	361 000	59 000	−23 000	−957 000

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	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	40 000	18 000	136 000	0
Total Fixed Assets	40 000	18 000	136 000	0
Stock	0	0	0	0
Total Investments	141 000	168 000	60 000	206 000
Cash, Bank	4 000	30 000	2 000	2 000
Total Current Assets	147 000	233 000	64 000	308 000
Total Assets	187 000	251 000	201 000	308 000
Total Equity	−487 000	−849 000	−908 000	−884 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	536 000	1 041 000	1 102 000	1 193 000
Creditors	7 000	−3 000	1 000	0
Unpaid Taxes	19 000	36 000	0	0
Dividends	0	0	0	0
Other Current Debt	7 000	7 000	4 000	0
Total Current Debt	138 000	59 000	7 000	0
Total Equity and Debt	187 000	251 000	201 000	308 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−74,13 %	−6,95 %	2,53 %	108,26 %
Debt-to-Equity Ratio	−1,1	−1,23	−1,21	−1,35
Operating Profit Margin	67,48 %	30,91 %	52,38 %	-
Current Ratio	1,07	3,95	9,14	-
Quick Ratio	1,07	3,95	9,14	-
Equity Ratio	−2,6	−3,38	−4,52	−2,87
Gross Profit Margin	100 %	97,82 %	100 %	-