HOVINVEIEN 43 AS

1366 LYSAKER

Finances

Share Ownership

Return on Equity

5,45 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 104 000	3 979 000	3 922 000	3 860 000
Net Income	1 217 000	1 216 000	1 204 000	1 069 000
Total Assets	22 906 000	23 921 000	25 197 000	27 969 000
Total Equity	22 344 000	6 287 000	6 315 000	6 291 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 104 000	3 979 000	3 922 000	3 860 000
Expenditure	2 038 000	1 828 000	1 638 000	1 814 000
Operating Profit	2 066 000	2 151 000	2 284 000	2 046 000
Financial Income	0	0	1 000	8 000
Financial Costs	505 000	591 000	742 000	683 000
Financial Balance	−505 000	−591 000	−741 000	−675 000
Earnings Before Tax	1 560 000	1 559 000	1 543 000	1 371 000
Tax	343 000	343 000	340 000	302 000
Net Income	1 217 000	1 216 000	1 204 000	1 069 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 334 000	23 250 000	24 179 000	25 124 000
Total Current Assets	572 000	671 000	1 018 000	2 845 000
Total Assets	22 906 000	23 921 000	25 197 000	27 969 000
Total Retained Equity	7 224 000	6 007 000	6 035 000	6 010 000
Total Equity	22 344 000	6 287 000	6 315 000	6 291 000
Total Long-Term Debt	0	14 929 000	17 326 000	19 724 000
Total Current Debt	562 000	2 705 000	1 556 000	1 954 000
Total Equity and Debt	22 906 000	23 921 000	25 197 000	27 969 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 096 000	3 971 000	3 913 000	3 851 000
Other Income	8 000	8 000	10 000	9 000
Revenue	4 104 000	3 979 000	3 922 000	3 860 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	937 000	937 000	937 000	937 000
Impairment	0	0	0	0
Expenditure	2 038 000	1 828 000	1 638 000	1 814 000
Operating Profit	2 066 000	2 151 000	2 284 000	2 046 000
Financial Income	0	0	1 000	8 000
Financial Costs	505 000	591 000	742 000	683 000
Financial Balance	−505 000	−591 000	−741 000	−675 000
Dividends	0	0	0	0
Net Income	1 217 000	1 216 000	1 204 000	1 069 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	36 000	15 000	7 000	14 000
Real Eastate	22 298 000	23 235 000	24 172 000	25 110 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	22 298 000	23 235 000	24 172 000	25 110 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 334 000	23 250 000	24 179 000	25 124 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	510 000	661 000	1 003 000	2 831 000
Total Current Assets	572 000	671 000	1 018 000	2 845 000
Total Assets	22 906 000	23 921 000	25 197 000	27 969 000
Total Equity	22 344 000	6 287 000	6 315 000	6 291 000
Short-Term Group Debt	0	996 000	3 000	597 000
Total Long-Term Debt	0	14 929 000	17 326 000	19 724 000
Creditors	24 000	19 000	41 000	87 000
Unpaid Taxes	173 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	1 691 000	1 512 000	1 270 000
Total Current Debt	562 000	2 705 000	1 556 000	1 954 000
Total Equity and Debt	22 906 000	23 921 000	25 197 000	27 969 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,45 %	19,34 %	19,07 %	16,99 %
Debt-to-Equity Ratio	0	2,37	2,74	3,14
Operating Profit Margin	50,34 %	54,06 %	58,24 %	53,01 %
Current Ratio	1,02	0,25	0,65	1,46
Quick Ratio	1,02	0,25	0,65	1,46
Equity Ratio	0,98	0,26	0,25	0,22
Gross Profit Margin	100 %	100 %	100 %	100 %