HOVEVEIEN 5 AS

4306 SANDNES

Finances

Share Ownership

Return on Equity

50,15 %

Current Ratio

0,35

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020
Revenue	2 660 000	2 730 000	424 000
Net Income	1 642 000	1 517 000	−49 000
Total Assets	4 118 000	4 108 000	4 349 000
Total Equity	3 274 000	1 632 000	115 000

Income (NOK)	2022	2021	2020
Revenue	2 660 000	2 730 000	424 000
Expenditure	532 000	737 000	477 000
Operating Profit	2 128 000	1 993 000	−53 000
Financial Income	1 000	0	0
Financial Costs	24 000	48 000	10 000
Financial Balance	−23 000	−48 000	−10 000
Earnings Before Tax	2 105 000	1 945 000	−63 000
Tax	463 000	428 000	−14 000
Net Income	1 642 000	1 517 000	−49 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	3 908 000	3 992 000	4 076 000
Total Current Assets	210 000	116 000	274 000
Total Assets	4 118 000	4 108 000	4 349 000
Total Retained Equity	3 110 000	1 468 000	−49 000
Total Equity	3 274 000	1 632 000	115 000
Total Long-Term Debt	245 000	1 966 000	4 125 000
Total Current Debt	599 000	510 000	110 000
Total Equity and Debt	4 118 000	4 108 000	4 349 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	2 660 000	2 730 000	424 000
Revenue	2 660 000	2 730 000	424 000
Cost of Goods Sold	110 000	119 000	0
Salary Costs	0	0	0
Depreciation	84 000	84 000	105 000
Impairment	0	0	0
Expenditure	532 000	737 000	477 000
Operating Profit	2 128 000	1 993 000	−53 000
Financial Income	1 000	0	0
Financial Costs	24 000	48 000	10 000
Financial Balance	−23 000	−48 000	−10 000
Dividends	0	0	0
Net Income	1 642 000	1 517 000	−49 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	3 908 000	3 992 000	4 076 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	3 908 000	3 992 000	4 076 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	3 908 000	3 992 000	4 076 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	83 000	13 000	43 000
Total Current Assets	210 000	116 000	274 000
Total Assets	4 118 000	4 108 000	4 349 000
Total Equity	3 274 000	1 632 000	115 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	245 000	1 966 000	4 125 000
Creditors	58 000	53 000	96 000
Unpaid Taxes	92 000	47 000	0
Dividends	0	0	0
Other Current Debt	8 000	8 000	14 000
Total Current Debt	599 000	510 000	110 000
Total Equity and Debt	4 118 000	4 108 000	4 349 000

Financial indicators	2022	2021	2020
Return on Equity	50,15 %	92,95 %	−42,61 %
Debt-to-Equity Ratio	0,07	1,2	35,87
Operating Profit Margin	80 %	73 %	−12,5 %
Current Ratio	0,35	0,23	2,49
Quick Ratio	0,35	0,23	2,49
Equity Ratio	0,8	0,4	0,03
Gross Profit Margin	95,86 %	95,64 %	100 %