HOVEVEIEN 11 AS

4325 SANDNES

Finances

Share Ownership

Return on Equity

1,28 %

Current Ratio

19,96

Debt-to-Equity Ratio

0,98

Key figures (NOK)	2022	2021	2020
Revenue	288 000	120 000	90 000
Net Income	78 000	25 000	59 000
Total Assets	12 521 000	12 291 000	4 227 000
Total Equity	6 108 000	6 201 000	4 101 000

Income (NOK)	2022	2021	2020
Revenue	288 000	120 000	90 000
Expenditure	213 000	56 000	14 000
Operating Profit	75 000	64 000	76 000
Financial Income	270 000	23 000	0
Financial Costs	245 000	54 000	0
Financial Balance	25 000	−31 000	0
Earnings Before Tax	100 000	32 000	76 000
Tax	22 000	7 000	17 000
Net Income	78 000	25 000	59 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	4 275 000	8 476 000	4 227 000
Total Current Assets	8 245 000	3 815 000	0
Total Assets	12 521 000	12 291 000	4 227 000
Total Retained Equity	3 915 000	4 008 000	4 008 000
Total Equity	6 108 000	6 201 000	4 101 000
Total Long-Term Debt	6 000 000	6 000 000	0
Total Current Debt	413 000	89 000	125 000
Total Equity and Debt	12 521 000	12 291 000	4 227 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	288 000	120 000	90 000
Revenue	288 000	120 000	90 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	213 000	56 000	14 000
Operating Profit	75 000	64 000	76 000
Financial Income	270 000	23 000	0
Financial Costs	245 000	54 000	0
Financial Balance	25 000	−31 000	0
Dividends	0	0	0
Net Income	78 000	25 000	59 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	26 000	0	0
Real Eastate	4 249 000	4 453 000	4 227 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	4 249 000	4 453 000	4 227 000
Total Fiancial Fixed Assets	0	4 023 000	0
Total Fixed Assets	4 275 000	8 476 000	4 227 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	496 000	1 322 000	0
Total Current Assets	8 245 000	3 815 000	0
Total Assets	12 521 000	12 291 000	4 227 000
Total Equity	6 108 000	6 201 000	4 101 000
Short-Term Group Debt	220 000	32 000	76 000
Total Long-Term Debt	6 000 000	6 000 000	0
Creditors	26 000	8 000	2 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	167 000	50 000	48 000
Total Current Debt	413 000	89 000	125 000
Total Equity and Debt	12 521 000	12 291 000	4 227 000

Financial indicators	2022	2021	2020
Return on Equity	1,28 %	0,4 %	1,44 %
Debt-to-Equity Ratio	0,98	0,97	0
Operating Profit Margin	26,04 %	53,33 %	84,44 %
Current Ratio	19,96	42,87	0
Quick Ratio	19,96	42,87	0
Equity Ratio	0,49	0,5	0,97
Gross Profit Margin	100 %	100 %	100 %