HØVRINGEN AKTIVITETSSELSKAP AS

2670 OTTA

Finances

Share Ownership

Return on Equity

16,39 %

Current Ratio

4,79

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	946 000	755 000	1 249 000	1 373 000
Net Income	235 000	93 000	24 000	8 000
Total Assets	1 734 000	1 609 000	1 539 000	1 478 000
Total Equity	1 434 000	1 199 000	1 106 000	1 082 000

Income (NOK)	2022	2021	2020	2019
Revenue	946 000	755 000	1 249 000	1 373 000
Expenditure	644 000	636 000	1 218 000	1 360 000
Operating Profit	301 000	119 000	31 000	12 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	2 000
Financial Balance	0	0	0	−2 000
Earnings Before Tax	301 000	119 000	31 000	11 000
Tax	66 000	26 000	7 000	2 000
Net Income	235 000	93 000	24 000	8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	398 000	505 000	491 000	573 000
Total Current Assets	1 337 000	1 104 000	1 048 000	905 000
Total Assets	1 734 000	1 609 000	1 539 000	1 478 000
Total Retained Equity	1 018 000	783 000	690 000	666 000
Total Equity	1 434 000	1 199 000	1 106 000	1 082 000
Total Long-Term Debt	21 000	0	0	0
Total Current Debt	279 000	410 000	433 000	395 000
Total Equity and Debt	1 734 000	1 609 000	1 539 000	1 478 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	323 000	364 000	191 000	188 000
Other Income	623 000	391 000	1 058 000	1 185 000
Revenue	946 000	755 000	1 249 000	1 373 000
Cost of Goods Sold	402 000	335 000	115 000	139 000
Salary Costs	4 000	31 000	194 000	141 000
Depreciation	38 000	34 000	31 000	38 000
Impairment	0	0	0	0
Expenditure	644 000	636 000	1 218 000	1 360 000
Operating Profit	301 000	119 000	31 000	12 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	2 000
Financial Balance	0	0	0	−2 000
Dividends	0	0	0	0
Net Income	235 000	93 000	24 000	8 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	37 000	34 000	28 000
Real Eastate	398 000	428 000	458 000	488 000
Machinery and Plant Facilities	0	40 000	0	1 000
Fixtures	0	0	0	0
Total Tangible Assets	398 000	468 000	458 000	489 000
Total Fiancial Fixed Assets	0	0	0	56 000
Total Fixed Assets	398 000	505 000	491 000	573 000
Stock	154 000	223 000	284 000	347 000
Total Investments	0	0	0	0
Cash, Bank	374 000	196 000	262 000	160 000
Total Current Assets	1 337 000	1 104 000	1 048 000	905 000
Total Assets	1 734 000	1 609 000	1 539 000	1 478 000
Total Equity	1 434 000	1 199 000	1 106 000	1 082 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 000	0	0	0
Creditors	135 000	237 000	47 000	98 000
Unpaid Taxes	133 000	71 000	212 000	32 000
Dividends	0	0	0	0
Other Current Debt	3 000	72 000	162 000	255 000
Total Current Debt	279 000	410 000	433 000	395 000
Total Equity and Debt	1 734 000	1 609 000	1 539 000	1 478 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,39 %	7,76 %	2,17 %	0,74 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	31,82 %	15,76 %	2,48 %	0,87 %
Current Ratio	4,79	2,69	2,42	2,29
Quick Ratio	10,7	5,9	7,03	18,85
Equity Ratio	0,83	0,75	0,72	0,73
Gross Profit Margin	57,51 %	55,63 %	90,79 %	89,88 %