HOVSTAD & KVERNRØD EIENDOM AS

7290 STØREN

Finances

Return on Equity

−314,88 %

Current Ratio

1,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	−38 000	575 000	561 000	841 000
Net Income	−529 000	−28 000	−8 000	178 000
Total Assets	237 000	865 000	963 000	1 023 000
Total Equity	168 000	698 000	726 000	733 000

Income (NOK)	2022	2021	2020	2019
Revenue	−38 000	575 000	561 000	841 000
Expenditure	484 000	581 000	556 000	623 000
Operating Profit	−522 000	−6 000	6 000	218 000
Financial Income	4 000	3 000	5 000	0
Financial Costs	11 000	20 000	18 000	0
Financial Balance	−7 000	−17 000	−13 000	0
Earnings Before Tax	−529 000	−24 000	−8 000	218 000
Tax	0	4 000	0	39 000
Net Income	−529 000	−28 000	−8 000	178 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	135 000	135 000	135 000	135 000
Total Current Assets	102 000	730 000	828 000	888 000
Total Assets	237 000	865 000	963 000	1 023 000
Total Retained Equity	68 000	598 000	626 000	633 000
Total Equity	168 000	698 000	726 000	733 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	69 000	168 000	238 000	290 000
Total Equity and Debt	237 000	865 000	963 000	1 023 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	−38 000	575 000	561 000	841 000
Other Income	0	0	0	0
Revenue	−38 000	575 000	561 000	841 000
Cost of Goods Sold	0	4 000	29 000	65 000
Salary Costs	344 000	322 000	346 000	358 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	484 000	581 000	556 000	623 000
Operating Profit	−522 000	−6 000	6 000	218 000
Financial Income	4 000	3 000	5 000	0
Financial Costs	11 000	20 000	18 000	0
Financial Balance	−7 000	−17 000	−13 000	0
Dividends	0	0	0	0
Net Income	−529 000	−28 000	−8 000	178 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	135 000	135 000	135 000	135 000
Total Fixed Assets	135 000	135 000	135 000	135 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	72 000	574 000	636 000	626 000
Total Current Assets	102 000	730 000	828 000	888 000
Total Assets	237 000	865 000	963 000	1 023 000
Total Equity	168 000	698 000	726 000	733 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	11 000	15 000	0	14 000
Unpaid Taxes	20 000	116 000	194 000	192 000
Dividends	0	0	0	0
Other Current Debt	37 000	33 000	44 000	45 000
Total Current Debt	69 000	168 000	238 000	290 000
Total Equity and Debt	237 000	865 000	963 000	1 023 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−314,88 %	−4,01 %	−1,1 %	24,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1 373,68 %	−1,04 %	1,07 %	25,92 %
Current Ratio	1,48	4,35	3,48	3,06
Quick Ratio	1,48	4,35	3,48	3,06
Equity Ratio	0,71	0,81	0,75	0,72
Gross Profit Margin	100 %	99,3 %	94,83 %	92,27 %