HOVE BIOENERGI AS

4071 RANDABERG

Finances

Share Ownership

Return on Equity

107,95 %

Current Ratio

0,32

Debt-to-Equity Ratio

−16,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 953 000	3 153 000	1 862 000	2 203 000
Net Income	−190 000	−182 000	−519 000	1 099 000
Total Assets	5 113 000	5 299 000	5 177 000	5 311 000
Total Equity	−176 000	14 000	196 000	714 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 953 000	3 153 000	1 862 000	2 203 000
Expenditure	3 984 000	3 188 000	2 241 000	920 000
Operating Profit	−32 000	−35 000	−378 000	1 282 000
Financial Income	18 000	9 000	0	0
Financial Costs	175 000	155 000	141 000	184 000
Financial Balance	−157 000	−146 000	−141 000	−184 000
Earnings Before Tax	−190 000	−182 000	−519 000	1 099 000
Tax	0	0	0	0
Net Income	−190 000	−182 000	−519 000	1 099 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 344 000	4 667 000	4 374 000	4 533 000
Total Current Assets	768 000	633 000	804 000	778 000
Total Assets	5 113 000	5 299 000	5 177 000	5 311 000
Total Retained Equity	−2 434 000	−2 244 000	−2 063 000	−1 544 000
Total Equity	−176 000	14 000	196 000	714 000
Total Long-Term Debt	2 870 000	2 870 000	2 974 000	3 145 000
Total Current Debt	2 418 000	2 415 000	2 008 000	1 452 000
Total Equity and Debt	5 113 000	5 299 000	5 177 000	5 311 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 953 000	3 153 000	1 862 000	2 201 000
Other Income	0	0	0	2 000
Revenue	3 953 000	3 153 000	1 862 000	2 203 000
Cost of Goods Sold	2 712 000	2 206 000	1 066 000	1 089 000
Salary Costs	0	0	0	0
Depreciation	322 000	295 000	269 000	201 000
Impairment	0	0	0	−1 000 000
Expenditure	3 984 000	3 188 000	2 241 000	920 000
Operating Profit	−32 000	−35 000	−378 000	1 282 000
Financial Income	18 000	9 000	0	0
Financial Costs	175 000	155 000	141 000	184 000
Financial Balance	−157 000	−146 000	−141 000	−184 000
Dividends	0	0	0	0
Net Income	−190 000	−182 000	−519 000	1 099 000

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	4 344 000	4 667 000	4 374 000	4 533 000
Fixtures	0	0	0	0
Total Tangible Assets	4 344 000	4 667 000	4 374 000	4 533 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 344 000	4 667 000	4 374 000	4 533 000
Stock	0	0	0	20 000
Total Investments	0	0	0	0
Cash, Bank	44 000	83 000	314 000	0
Total Current Assets	768 000	633 000	804 000	778 000
Total Assets	5 113 000	5 299 000	5 177 000	5 311 000
Total Equity	−176 000	14 000	196 000	714 000
Short-Term Group Debt	1 432 000	1 509 000	745 000	652 000
Total Long-Term Debt	2 870 000	2 870 000	2 974 000	3 145 000
Creditors	152 000	383 000	1 101 000	273 000
Unpaid Taxes	125 000	73 000	25 000	43 000
Dividends	0	0	0	0
Other Current Debt	710 000	450 000	137 000	195 000
Total Current Debt	2 418 000	2 415 000	2 008 000	1 452 000
Total Equity and Debt	5 113 000	5 299 000	5 177 000	5 311 000

Financial indicators	2022	2021	2020	2019
Return on Equity	107,95 %	−1 300 %	−264,8 %	153,92 %
Debt-to-Equity Ratio	−16,31	205	15,17	4,4
Operating Profit Margin	−0,81 %	−1,11 %	−20,3 %	58,19 %
Current Ratio	0,32	0,26	0,4	0,54
Quick Ratio	0,32	0,26	0,4	0,54
Equity Ratio	−0,03	0	0,04	0,13
Gross Profit Margin	31,39 %	30,03 %	42,75 %	50,57 %