HØVIK FINANS AS

1363 HØVIK

Finances

Return on Equity

−2,02 %

Current Ratio

15,07

Debt-to-Equity Ratio

0,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	61 000	2 184 000	1 694 000
Net Income	−1 448 000	9 198 000	9 322 000	631 000
Total Assets	106 099 000	100 160 000	103 022 000	77 309 000
Total Equity	71 568 000	73 016 000	74 943 000	65 621 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	61 000	2 184 000	1 694 000
Expenditure	206 000	88 000	666 000	1 609 000
Operating Profit	−206 000	−27 000	1 518 000	85 000
Financial Income	7 944 000	17 133 000	14 595 000	2 011 000
Financial Costs	8 706 000	6 972 000	6 757 000	1 465 000
Financial Balance	−762 000	10 161 000	7 838 000	546 000
Earnings Before Tax	−968 000	10 134 000	9 356 000	631 000
Tax	480 000	936 000	34 000	0
Net Income	−1 448 000	9 198 000	9 322 000	631 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	86 830 000	65 220 000	67 757 000	57 001 000
Total Current Assets	19 269 000	34 940 000	35 265 000	20 308 000
Total Assets	106 099 000	100 160 000	103 022 000	77 309 000
Total Retained Equity	68 968 000	70 416 000	72 343 000	63 021 000
Total Equity	71 568 000	73 016 000	74 943 000	65 621 000
Total Long-Term Debt	33 252 000	21 532 000	22 417 000	0
Total Current Debt	1 279 000	5 612 000	5 662 000	11 688 000
Total Equity and Debt	106 099 000	100 160 000	103 022 000	77 309 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	61 000	0	70 000
Other Income	0	0	2 184 000	1 624 000
Revenue	0	61 000	2 184 000	1 694 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	503 000	1 272 000
Expenditure	206 000	88 000	666 000	1 609 000
Operating Profit	−206 000	−27 000	1 518 000	85 000
Financial Income	7 944 000	17 133 000	14 595 000	2 011 000
Financial Costs	8 706 000	6 972 000	6 757 000	1 465 000
Financial Balance	−762 000	10 161 000	7 838 000	546 000
Dividends	0	4 000 000	0	0
Net Income	−1 448 000	9 198 000	9 322 000	631 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	9 302 000	10 411 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	9 302 000	10 411 000
Total Fiancial Fixed Assets	86 830 000	65 220 000	58 454 000	46 589 000
Total Fixed Assets	86 830 000	65 220 000	67 757 000	57 001 000
Stock	0	0	0	0
Total Investments	19 196 000	32 140 000	33 240 000	19 836 000
Cash, Bank	72 000	1 494 000	1 835 000	407 000
Total Current Assets	19 269 000	34 940 000	35 265 000	20 308 000
Total Assets	106 099 000	100 160 000	103 022 000	77 309 000
Total Equity	71 568 000	73 016 000	74 943 000	65 621 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	33 252 000	21 532 000	22 417 000	0
Creditors	0	0	0	0
Unpaid Taxes	−2 000	0	0	10 000
Dividends	0	4 000 000	0	0
Other Current Debt	769 000	676 000	2 943 000	9 022 000
Total Current Debt	1 279 000	5 612 000	5 662 000	11 688 000
Total Equity and Debt	106 099 000	100 160 000	103 022 000	77 309 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,02 %	12,6 %	12,44 %	0,96 %
Debt-to-Equity Ratio	0,46	0,29	0,3	0
Operating Profit Margin	-	−44,26 %	69,51 %	5,02 %
Current Ratio	15,07	6,23	6,23	1,74
Quick Ratio	15,07	6,23	6,23	1,74
Equity Ratio	0,67	0,73	0,73	0,85
Gross Profit Margin	-	100 %	100 %	100 %