DESTINASJON HOVDEN AS

4755 HOVDEN I SETESDAL

Finances

Return on Equity

7,47 %

Current Ratio

1,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 142 000	2 452 000	5 540 000	7 156 000
Net Income	59 000	72 000	−808 000	180 000
Total Assets	1 271 000	1 164 000	995 000	2 816 000
Total Equity	790 000	732 000	659 000	1 585 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 142 000	2 452 000	5 540 000	7 156 000
Expenditure	3 097 000	2 312 000	6 338 000	6 912 000
Operating Profit	46 000	140 000	−798 000	245 000
Financial Income	13 000	−27 000	0	1 000
Financial Costs	0	41 000	10 000	66 000
Financial Balance	13 000	−68 000	−10 000	−65 000
Earnings Before Tax	59 000	72 000	−808 000	180 000
Tax	0	0	0	0
Net Income	59 000	72 000	−808 000	180 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	377 000	393 000	454 000	1 213 000
Total Current Assets	893 000	770 000	541 000	1 603 000
Total Assets	1 271 000	1 164 000	995 000	2 816 000
Total Retained Equity	131 000	72 000	0	282 000
Total Equity	790 000	732 000	659 000	1 585 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	480 000	432 000	336 000	1 231 000
Total Equity and Debt	1 271 000	1 164 000	995 000	2 816 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 742 000	2 422 000	4 084 000	3 665 000
Other Income	400 000	30 000	1 456 000	3 491 000
Revenue	3 142 000	2 452 000	5 540 000	7 156 000
Cost of Goods Sold	83 000	93 000	844 000	1 198 000
Salary Costs	2 075 000	1 375 000	1 671 000	1 679 000
Depreciation	62 000	44 000	138 000	152 000
Impairment	0	0	516 000	0
Expenditure	3 097 000	2 312 000	6 338 000	6 912 000
Operating Profit	46 000	140 000	−798 000	245 000
Financial Income	13 000	−27 000	0	1 000
Financial Costs	0	41 000	10 000	66 000
Financial Balance	13 000	−68 000	−10 000	−65 000
Dividends	0	0	0	0
Net Income	59 000	72 000	−808 000	180 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	320 000	360 000	400 000	1 040 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	4 000	18 000
Fixtures	47 000	23 000	0	0
Total Tangible Assets	47 000	23 000	4 000	18 000
Total Fiancial Fixed Assets	10 000	10 000	50 000	155 000
Total Fixed Assets	377 000	393 000	454 000	1 213 000
Stock	50 000	59 000	77 000	56 000
Total Investments	0	0	0	0
Cash, Bank	288 000	626 000	417 000	749 000
Total Current Assets	893 000	770 000	541 000	1 603 000
Total Assets	1 271 000	1 164 000	995 000	2 816 000
Total Equity	790 000	732 000	659 000	1 585 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	115 000	94 000	58 000	862 000
Unpaid Taxes	141 000	77 000	80 000	114 000
Dividends	0	0	0	0
Other Current Debt	225 000	261 000	198 000	255 000
Total Current Debt	480 000	432 000	336 000	1 231 000
Total Equity and Debt	1 271 000	1 164 000	995 000	2 816 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,47 %	9,84 %	−122,61 %	11,36 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,46 %	5,71 %	−14,4 %	3,42 %
Current Ratio	1,86	1,78	1,61	1,3
Quick Ratio	2,08	2,06	2,09	1,36
Equity Ratio	0,62	0,63	0,66	0,56
Gross Profit Margin	97,36 %	96,21 %	84,77 %	83,26 %