HOVINV 11 OG 13 AS

0576 OSLO

Finances

Share Ownership

Return on Equity

77,06 %

Current Ratio

1,09

Debt-to-Equity Ratio

1,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 521 000	1 815 000	1 659 000	1 692 000
Net Income	692 000	−230 000	23 000	73 000
Total Assets	3 087 000	2 617 000	2 870 000	3 093 000
Total Equity	898 000	206 000	437 000	414 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 521 000	1 815 000	1 659 000	1 692 000
Expenditure	1 786 000	2 014 000	1 583 000	1 540 000
Operating Profit	735 000	−200 000	76 000	152 000
Financial Income	7 000	7 000	7 000	8 000
Financial Costs	50 000	37 000	60 000	87 000
Financial Balance	−43 000	−30 000	−53 000	−79 000
Earnings Before Tax	692 000	−230 000	23 000	73 000
Tax	0	0	0	0
Net Income	692 000	−230 000	23 000	73 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 450 000	2 450 000	2 450 000	2 450 000
Total Current Assets	637 000	167 000	420 000	642 000
Total Assets	3 087 000	2 617 000	2 870 000	3 093 000
Total Retained Equity	−852 000	−1 544 000	−1 313 000	−1 336 000
Total Equity	898 000	206 000	437 000	414 000
Total Long-Term Debt	1 603 000	1 826 000	2 049 000	2 271 000
Total Current Debt	586 000	585 000	384 000	407 000
Total Equity and Debt	3 087 000	2 617 000	2 870 000	3 093 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 521 000	1 815 000	1 659 000	1 692 000
Revenue	2 521 000	1 815 000	1 659 000	1 692 000
Cost of Goods Sold	0	0	0	0
Salary Costs	45 000	45 000	55 000	40 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 786 000	2 014 000	1 583 000	1 540 000
Operating Profit	735 000	−200 000	76 000	152 000
Financial Income	7 000	7 000	7 000	8 000
Financial Costs	50 000	37 000	60 000	87 000
Financial Balance	−43 000	−30 000	−53 000	−79 000
Dividends	0	0	0	0
Net Income	692 000	−230 000	23 000	73 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 450 000	2 450 000	2 450 000	2 450 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 450 000	2 450 000	2 450 000	2 450 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 450 000	2 450 000	2 450 000	2 450 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	249 000	112 000	373 000	588 000
Total Current Assets	637 000	167 000	420 000	642 000
Total Assets	3 087 000	2 617 000	2 870 000	3 093 000
Total Equity	898 000	206 000	437 000	414 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 603 000	1 826 000	2 049 000	2 271 000
Creditors	297 000	317 000	100 000	122 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	289 000	268 000	284 000	285 000
Total Current Debt	586 000	585 000	384 000	407 000
Total Equity and Debt	3 087 000	2 617 000	2 870 000	3 093 000

Financial indicators	2022	2021	2020	2019
Return on Equity	77,06 %	−111,65 %	5,26 %	17,63 %
Debt-to-Equity Ratio	1,79	8,86	4,69	5,49
Operating Profit Margin	29,16 %	−11,02 %	4,58 %	8,98 %
Current Ratio	1,09	0,29	1,09	1,58
Quick Ratio	1,09	0,29	1,09	1,58
Equity Ratio	0,29	0,08	0,15	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %