KJELL HOVDA AS

3320 VESTFOSSEN

Finances

Share Ownership

Return on Equity

−4,86 %

Current Ratio

12,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	389 000	500 000	26 000	234 000
Net Income	−64 000	106 000	−341 000	−166 000
Total Assets	1 385 000	1 381 000	1 295 000	1 642 000
Total Equity	1 317 000	1 381 000	1 275 000	1 617 000

Income (NOK)	2022	2021	2020	2019
Revenue	389 000	500 000	26 000	234 000
Expenditure	473 000	363 000	464 000	447 000
Operating Profit	−85 000	137 000	−438 000	−212 000
Financial Income	2 000	0	0	0
Financial Costs	0	1 000	0	1 000
Financial Balance	2 000	−1 000	0	−1 000
Earnings Before Tax	−82 000	136 000	−438 000	−213 000
Tax	−19 000	30 000	−96 000	−47 000
Net Income	−64 000	106 000	−341 000	−166 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	568 000	460 000	552 000	343 000
Total Current Assets	817 000	921 000	743 000	1 299 000
Total Assets	1 385 000	1 381 000	1 295 000	1 642 000
Total Retained Equity	1 217 000	1 281 000	1 175 000	1 517 000
Total Equity	1 317 000	1 381 000	1 275 000	1 617 000
Total Long-Term Debt	0	0	0	4 000
Total Current Debt	67 000	0	20 000	21 000
Total Equity and Debt	1 385 000	1 381 000	1 295 000	1 642 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	149 000	76 000	5 000	234 000
Other Income	240 000	425 000	21 000	0
Revenue	389 000	500 000	26 000	234 000
Cost of Goods Sold	54 000	7 000	0	20 000
Salary Costs	78 000	3 000	1 000	35 000
Depreciation	117 000	141 000	135 000	133 000
Impairment	0	0	0	0
Expenditure	473 000	363 000	464 000	447 000
Operating Profit	−85 000	137 000	−438 000	−212 000
Financial Income	2 000	0	0	0
Financial Costs	0	1 000	0	1 000
Financial Balance	2 000	−1 000	0	−1 000
Dividends	0	0	0	0
Net Income	−64 000	106 000	−341 000	−166 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	111 000	92 000	122 000	58 000
Real Eastate	28 000	30 000	37 000	46 000
Machinery and Plant Facilities	296 000	281 000	273 000	40 000
Fixtures	133 000	57 000	119 000	125 000
Total Tangible Assets	457 000	368 000	429 000	285 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	568 000	460 000	552 000	343 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	801 000	901 000	651 000	1 249 000
Total Current Assets	817 000	921 000	743 000	1 299 000
Total Assets	1 385 000	1 381 000	1 295 000	1 642 000
Total Equity	1 317 000	1 381 000	1 275 000	1 617 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	4 000
Creditors	−3 000	0	5 000	0
Unpaid Taxes	59 000	0	0	21 000
Dividends	0	0	0	0
Other Current Debt	11 000	0	15 000	0
Total Current Debt	67 000	0	20 000	21 000
Total Equity and Debt	1 385 000	1 381 000	1 295 000	1 642 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,86 %	7,68 %	−26,75 %	−10,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−21,85 %	27,4 %	−1 684,62 %	−90,6 %
Current Ratio	12,19	-	37,15	61,86
Quick Ratio	12,19	-	37,15	61,86
Equity Ratio	0,95	1	0,98	0,98
Gross Profit Margin	86,12 %	98,6 %	100 %	91,45 %