HOVINBYEN ENERGY HUB AS

0179 OSLO

Finances

Share Ownership

Return on Equity

−1,47 %

Current Ratio

0,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	0	0	0
Net Income	−188 000	−42 000	−6 000
Total Assets	18 499 000	3 081 000	2 382 000
Total Equity	12 759 000	−3 000	39 000

Income (NOK)	2022	2021	2020
Revenue	0	0	0
Expenditure	225 000	4 000	2 000
Operating Profit	−225 000	−4 000	−2 000
Financial Income	0	0	0
Financial Costs	16 000	49 000	6 000
Financial Balance	−16 000	−49 000	−6 000
Earnings Before Tax	−241 000	−54 000	−7 000
Tax	−53 000	−12 000	−2 000
Net Income	−188 000	−42 000	−6 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	15 755 000	2 486 000	1 599 000
Total Current Assets	2 744 000	595 000	782 000
Total Assets	18 499 000	3 081 000	2 382 000
Total Retained Equity	−235 000	−53 000	−11 000
Total Equity	12 759 000	−3 000	39 000
Total Long-Term Debt	0	3 000 000	1 500 000
Total Current Debt	5 740 000	84 000	843 000
Total Equity and Debt	18 499 000	3 081 000	2 382 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	0	0
Revenue	0	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	225 000	4 000	2 000
Operating Profit	−225 000	−4 000	−2 000
Financial Income	0	0	0
Financial Costs	16 000	49 000	6 000
Financial Balance	−16 000	−49 000	−6 000
Dividends	0	0	0
Net Income	−188 000	−42 000	−6 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	66 000	13 000	2 000
Real Eastate	15 688 000	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	2 473 000	1 598 000
Total Tangible Assets	15 688 000	2 473 000	1 598 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	15 755 000	2 486 000	1 599 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	2 508 000	595 000	263 000
Total Current Assets	2 744 000	595 000	782 000
Total Assets	18 499 000	3 081 000	2 382 000
Total Equity	12 759 000	−3 000	39 000
Short-Term Group Debt	5 071 000	0	0
Total Long-Term Debt	0	3 000 000	1 500 000
Creditors	669 000	0	837 000
Unpaid Taxes	0	84 000	0
Dividends	0	0	0
Other Current Debt	0	0	6 000
Total Current Debt	5 740 000	84 000	843 000
Total Equity and Debt	18 499 000	3 081 000	2 382 000

Financial indicators	2022	2021	2020
Return on Equity	−1,47 %	1 400 %	−15,38 %
Debt-to-Equity Ratio	0	−1 000	38,46
Operating Profit Margin	-	-	-
Current Ratio	0,48	7,08	0,93
Quick Ratio	0,48	7,08	0,93
Equity Ratio	0,69	−0	0,02
Gross Profit Margin	-	-	-