HØVIKVEIEN 2 AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

−90,23 %

Current Ratio

0,69

Debt-to-Equity Ratio

4,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 110 000	244 000	1 481 000	2 513 000
Net Income	−813 000	−540 000	−510 000	179 000
Total Assets	5 783 000	5 830 000	6 061 000	14 761 000
Total Equity	901 000	1 714 000	2 254 000	2 764 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 110 000	244 000	1 481 000	2 513 000
Expenditure	2 099 000	956 000	1 753 000	1 827 000
Operating Profit	−978 000	−712 000	−271 000	686 000
Financial Income	126 000	125 000	28 000	0
Financial Costs	189 000	104 000	394 000	451 000
Financial Balance	−63 000	21 000	−366 000	−451 000
Earnings Before Tax	−1 042 000	−691 000	−637 000	235 000
Tax	−229 000	−151 000	−127 000	56 000
Net Income	−813 000	−540 000	−510 000	179 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 274 000	5 552 000	5 928 000	13 432 000
Total Current Assets	510 000	278 000	133 000	1 330 000
Total Assets	5 783 000	5 830 000	6 061 000	14 761 000
Total Retained Equity	0	0	276 000	786 000
Total Equity	901 000	1 714 000	2 254 000	2 764 000
Total Long-Term Debt	4 143 000	4 033 000	3 733 000	11 586 000
Total Current Debt	739 000	83 000	74 000	411 000
Total Equity and Debt	5 783 000	5 830 000	6 061 000	14 761 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	29 000	713 000
Other Income	1 110 000	244 000	1 451 000	1 800 000
Revenue	1 110 000	244 000	1 481 000	2 513 000
Cost of Goods Sold	248 000	0	0	0
Salary Costs	0	0	494 000	274 000
Depreciation	376 000	376 000	409 000	349 000
Impairment	0	0	0	0
Expenditure	2 099 000	956 000	1 753 000	1 827 000
Operating Profit	−978 000	−712 000	−271 000	686 000
Financial Income	126 000	125 000	28 000	0
Financial Costs	189 000	104 000	394 000	451 000
Financial Balance	−63 000	21 000	−366 000	−451 000
Dividends	0	0	0	0
Net Income	−813 000	−540 000	−510 000	179 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 193 000	5 526 000	5 893 000	6 117 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	81 000	26 000	34 000	101 000
Total Tangible Assets	5 274 000	5 552 000	5 928 000	6 218 000
Total Fiancial Fixed Assets	0	0	0	7 214 000
Total Fixed Assets	5 274 000	5 552 000	5 928 000	13 432 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	464 000	28 000	58 000	17 000
Total Current Assets	510 000	278 000	133 000	1 330 000
Total Assets	5 783 000	5 830 000	6 061 000	14 761 000
Total Equity	901 000	1 714 000	2 254 000	2 764 000
Short-Term Group Debt	50 000	0	0	13 000
Total Long-Term Debt	4 143 000	4 033 000	3 733 000	11 586 000
Creditors	449 000	15 000	22 000	305 000
Unpaid Taxes	0	44 000	0	73 000
Dividends	0	0	0	0
Other Current Debt	241 000	23 000	51 000	19 000
Total Current Debt	739 000	83 000	74 000	411 000
Total Equity and Debt	5 783 000	5 830 000	6 061 000	14 761 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−90,23 %	−31,51 %	−22,63 %	6,48 %
Debt-to-Equity Ratio	4,6	2,35	1,66	4,19
Operating Profit Margin	−88,11 %	−291,8 %	−18,3 %	27,3 %
Current Ratio	0,69	3,35	1,8	3,24
Quick Ratio	0,69	3,35	1,8	3,24
Equity Ratio	0,16	0,29	0,37	0,19
Gross Profit Margin	77,66 %	100 %	100 %	100 %