HOVINMOEN AS

1394 NESBRU

Finances

Share Ownership

Return on Equity

50,71 %

Current Ratio

0,89

Debt-to-Equity Ratio

16,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 654 000	12 222 000	12 018 000	4 006 000
Net Income	3 158 000	3 450 000	3 249 000	702 000
Total Assets	114 409 000	119 863 000	122 301 000	130 065 000
Total Equity	6 227 000	6 985 000	7 519 000	7 832 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 654 000	12 222 000	12 018 000	4 006 000
Expenditure	5 266 000	5 350 000	4 913 000	1 512 000
Operating Profit	7 387 000	6 872 000	7 105 000	2 494 000
Financial Income	434 000	5 000	10 000	37 000
Financial Costs	3 773 000	2 453 000	2 948 000	1 630 000
Financial Balance	−3 339 000	−2 448 000	−2 938 000	−1 593 000
Earnings Before Tax	4 048 000	4 424 000	4 166 000	901 000
Tax	891 000	973 000	917 000	199 000
Net Income	3 158 000	3 450 000	3 249 000	702 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	109 499 000	114 082 000	118 666 000	123 216 000
Total Current Assets	4 911 000	5 781 000	3 635 000	6 849 000
Total Assets	114 409 000	119 863 000	122 301 000	130 065 000
Total Retained Equity	3 471 000	4 230 000	4 763 000	5 076 000
Total Equity	6 227 000	6 985 000	7 519 000	7 832 000
Total Long-Term Debt	102 655 000	107 137 000	109 488 000	110 720 000
Total Current Debt	5 527 000	5 740 000	5 294 000	11 514 000
Total Equity and Debt	114 409 000	119 863 000	122 301 000	130 065 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 654 000	12 222 000	12 018 000	0
Other Income	0	0	0	4 006 000
Revenue	12 654 000	12 222 000	12 018 000	4 006 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	4 583 000	4 583 000	4 579 000	1 425 000
Impairment	0	0	0	0
Expenditure	5 266 000	5 350 000	4 913 000	1 512 000
Operating Profit	7 387 000	6 872 000	7 105 000	2 494 000
Financial Income	434 000	5 000	10 000	37 000
Financial Costs	3 773 000	2 453 000	2 948 000	1 630 000
Financial Balance	−3 339 000	−2 448 000	−2 938 000	−1 593 000
Dividends	0	0	0	0
Net Income	3 158 000	3 450 000	3 249 000	702 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 489 000	14 468 000	15 489 000	123 216 000
Machinery and Plant Facilities	94 010 000	99 614 000	103 177 000	0
Fixtures	0	0	0	0
Total Tangible Assets	109 499 000	114 082 000	118 666 000	123 216 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	109 499 000	114 082 000	118 666 000	123 216 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 768 000	2 775 000	3 604 000	1 732 000
Total Current Assets	4 911 000	5 781 000	3 635 000	6 849 000
Total Assets	114 409 000	119 863 000	122 301 000	130 065 000
Total Equity	6 227 000	6 985 000	7 519 000	7 832 000
Short-Term Group Debt	5 021 000	5 107 000	5 068 000	7 912 000
Total Long-Term Debt	102 655 000	107 137 000	109 488 000	110 720 000
Creditors	16 000	391 000	0	3 138 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	490 000	242 000	227 000	464 000
Total Current Debt	5 527 000	5 740 000	5 294 000	11 514 000
Total Equity and Debt	114 409 000	119 863 000	122 301 000	130 065 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,71 %	49,39 %	43,21 %	8,96 %
Debt-to-Equity Ratio	16,49	15,34	14,56	14,14
Operating Profit Margin	58,38 %	56,23 %	59,12 %	62,26 %
Current Ratio	0,89	1,01	0,69	0,59
Quick Ratio	0,89	1,01	0,69	0,59
Equity Ratio	0,05	0,06	0,06	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %