HOVE AS

4306 SANDNES

Finances

Share Ownership

Return on Equity

−5,05 %

Current Ratio

7,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	100 000	616 000	767 000	932 000
Net Income	−303 000	43 000	−804 000	−423 000
Total Assets	6 389 000	6 455 000	7 521 000	8 186 000
Total Equity	6 005 000	6 308 000	7 265 000	8 069 000

Income (NOK)	2022	2021	2020	2019
Revenue	100 000	616 000	767 000	932 000
Expenditure	403 000	561 000	1 799 000	1 469 000
Operating Profit	−303 000	55 000	−1 031 000	−538 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	0
Earnings Before Tax	−303 000	55 000	−1 031 000	−538 000
Tax	0	12 000	−227 000	−115 000
Net Income	−303 000	43 000	−804 000	−423 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 601 000	3 663 000	3 500 000	3 381 000
Total Current Assets	2 788 000	2 792 000	4 021 000	4 805 000
Total Assets	6 389 000	6 455 000	7 521 000	8 186 000
Total Retained Equity	5 913 000	6 217 000	7 174 000	7 978 000
Total Equity	6 005 000	6 308 000	7 265 000	8 069 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	384 000	147 000	256 000	116 000
Total Equity and Debt	6 389 000	6 455 000	7 521 000	8 186 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	427 000	450 000	605 000
Other Income	100 000	189 000	317 000	326 000
Revenue	100 000	616 000	767 000	932 000
Cost of Goods Sold	0	0	1 091 000	583 000
Salary Costs	0	0	0	0
Depreciation	268 000	370 000	300 000	280 000
Impairment	0	0	0	0
Expenditure	403 000	561 000	1 799 000	1 469 000
Operating Profit	−303 000	55 000	−1 031 000	−538 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	0
Dividends	0	0	0	0
Net Income	−303 000	43 000	−804 000	−423 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	364 000	364 000	376 000	150 000
Real Eastate	2 242 000	2 341 000	2 440 000	2 546 000
Machinery and Plant Facilities	270 000	103 000	131 000	182 000
Fixtures	726 000	855 000	553 000	503 000
Total Tangible Assets	3 237 000	3 299 000	3 123 000	3 231 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 601 000	3 663 000	3 500 000	3 381 000
Stock	0	0	0	1 091 000
Total Investments	0	0	0	0
Cash, Bank	2 585 000	2 555 000	2 147 000	3 435 000
Total Current Assets	2 788 000	2 792 000	4 021 000	4 805 000
Total Assets	6 389 000	6 455 000	7 521 000	8 186 000
Total Equity	6 005 000	6 308 000	7 265 000	8 069 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	277 000	4 000	56 000	9 000
Unpaid Taxes	0	35 000	92 000	0
Dividends	0	0	0	0
Other Current Debt	108 000	108 000	108 000	108 000
Total Current Debt	384 000	147 000	256 000	116 000
Total Equity and Debt	6 389 000	6 455 000	7 521 000	8 186 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,05 %	0,68 %	−11,07 %	−5,24 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−303 %	8,93 %	−134,42 %	−57,73 %
Current Ratio	7,26	18,99	15,71	41,42
Quick Ratio	7,26	18,99	15,71	−4,93
Equity Ratio	0,94	0,98	0,97	0,99
Gross Profit Margin	100 %	100 %	−42,24 %	37,45 %