HOV PROSJEKT AS

6460 EIDSVÅG I ROMSDAL

Finances

Share Ownership

Return on Equity

80,82 %

Current Ratio

1,12

Debt-to-Equity Ratio

2,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 678 000	2 431 000	1 158 000	1 716 000
Net Income	295 000	205 000	87 000	−639 000
Total Assets	2 550 000	513 000	366 000	272 000
Total Equity	365 000	70 000	−135 000	−222 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 678 000	2 431 000	1 158 000	1 716 000
Expenditure	7 329 000	2 226 000	1 072 000	2 354 000
Operating Profit	349 000	206 000	87 000	−638 000
Financial Income	1 000	0	0	0
Financial Costs	43 000	0	0	1 000
Financial Balance	−42 000	0	0	−1 000
Earnings Before Tax	307 000	205 000	87 000	−639 000
Tax	12 000	0	0	0
Net Income	295 000	205 000	87 000	−639 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	955 000	27 000	0	0
Total Current Assets	1 595 000	486 000	366 000	272 000
Total Assets	2 550 000	513 000	366 000	272 000
Total Retained Equity	335 000	40 000	−165 000	−252 000
Total Equity	365 000	70 000	−135 000	−222 000
Total Long-Term Debt	759 000	0	0	0
Total Current Debt	1 426 000	443 000	501 000	494 000
Total Equity and Debt	2 550 000	513 000	366 000	272 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 678 000	2 431 000	1 158 000	1 716 000
Other Income	0	0	0	0
Revenue	7 678 000	2 431 000	1 158 000	1 716 000
Cost of Goods Sold	1 960 000	77 000	387 000	1 301 000
Salary Costs	3 962 000	1 681 000	544 000	848 000
Depreciation	151 000	2 000	0	0
Impairment	0	0	0	0
Expenditure	7 329 000	2 226 000	1 072 000	2 354 000
Operating Profit	349 000	206 000	87 000	−638 000
Financial Income	1 000	0	0	0
Financial Costs	43 000	0	0	1 000
Financial Balance	−42 000	0	0	−1 000
Dividends	0	0	0	0
Net Income	295 000	205 000	87 000	−639 000

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	126 000	27 000	0	0
Fixtures	829 000	0	0	0
Total Tangible Assets	955 000	27 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	955 000	27 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	296 000	269 000	88 000	289 000
Total Current Assets	1 595 000	486 000	366 000	272 000
Total Assets	2 550 000	513 000	366 000	272 000
Total Equity	365 000	70 000	−135 000	−222 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	759 000	0	0	0
Creditors	396 000	23 000	34 000	250 000
Unpaid Taxes	527 000	126 000	168 000	112 000
Dividends	0	0	0	0
Other Current Debt	501 000	293 000	299 000	132 000
Total Current Debt	1 426 000	443 000	501 000	494 000
Total Equity and Debt	2 550 000	513 000	366 000	272 000

Financial indicators	2022	2021	2020	2019
Return on Equity	80,82 %	292,86 %	−64,44 %	287,84 %
Debt-to-Equity Ratio	2,08	0	−0	−0
Operating Profit Margin	4,55 %	8,47 %	7,51 %	−37,18 %
Current Ratio	1,12	1,1	0,73	0,55
Quick Ratio	1,12	1,1	0,73	0,55
Equity Ratio	0,14	0,14	−0,37	−0,82
Gross Profit Margin	74,47 %	96,83 %	66,58 %	24,18 %