HOVDEN TOMTESELSKAP AS

4624 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

3 305,56 %

Current Ratio

10,31

Debt-to-Equity Ratio

706,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 269 000	18 000	16 000	0
Net Income	595 000	−236 000	−280 000	−92 000
Total Assets	13 887 000	13 663 000	7 588 000	7 483 000
Total Equity	18 000	−578 000	−342 000	−62 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 269 000	18 000	16 000	0
Expenditure	5 218 000	125 000	132 000	47 000
Operating Profit	1 051 000	−107 000	−116 000	−47 000
Financial Income	0	0	0	0
Financial Costs	456 000	129 000	164 000	45 000
Financial Balance	−456 000	−129 000	−164 000	−45 000
Earnings Before Tax	595 000	−236 000	−280 000	−92 000
Tax	0	0	0	0
Net Income	595 000	−236 000	−280 000	−92 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 992 000	0	7 578 000	7 435 000
Total Current Assets	11 895 000	13 663 000	11 000	48 000
Total Assets	13 887 000	13 663 000	7 588 000	7 483 000
Total Retained Equity	−12 000	−608 000	−372 000	−92 000
Total Equity	18 000	−578 000	−342 000	−62 000
Total Long-Term Debt	12 715 000	8 368 000	7 888 000	7 400 000
Total Current Debt	1 154 000	5 873 000	42 000	145 000
Total Equity and Debt	13 887 000	13 663 000	7 588 000	7 483 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 168 000	0	0	0
Other Income	101 000	18 000	16 000	0
Revenue	6 269 000	18 000	16 000	0
Cost of Goods Sold	5 065 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 218 000	125 000	132 000	47 000
Operating Profit	1 051 000	−107 000	−116 000	−47 000
Financial Income	0	0	0	0
Financial Costs	456 000	129 000	164 000	45 000
Financial Balance	−456 000	−129 000	−164 000	−45 000
Dividends	0	0	0	0
Net Income	595 000	−236 000	−280 000	−92 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 949 000	0	7 578 000	7 435 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 949 000	0	7 578 000	7 435 000
Total Fiancial Fixed Assets	43 000	0	0	0
Total Fixed Assets	1 992 000	0	7 578 000	7 435 000
Stock	11 884 000	13 647 000	0	0
Total Investments	0	0	0	0
Cash, Bank	11 000	16 000	11 000	48 000
Total Current Assets	11 895 000	13 663 000	11 000	48 000
Total Assets	13 887 000	13 663 000	7 588 000	7 483 000
Total Equity	18 000	−578 000	−342 000	−62 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 715 000	8 368 000	7 888 000	7 400 000
Creditors	1 149 000	3 154 000	13 000	106 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 000	13 000	29 000	39 000
Total Current Debt	1 154 000	5 873 000	42 000	145 000
Total Equity and Debt	13 887 000	13 663 000	7 588 000	7 483 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3 305,56 %	40,83 %	81,87 %	148,39 %
Debt-to-Equity Ratio	706,39	−14,48	−23,06	−119,35
Operating Profit Margin	16,77 %	−594,44 %	−725 %	-
Current Ratio	10,31	2,33	0,26	0,33
Quick Ratio	−1,11	−1,76	0,26	0,33
Equity Ratio	0	−0,04	−0,05	−0,01
Gross Profit Margin	19,21 %	100 %	100 %	-