HOVENGA I BORETTSLAG

3717 SKIEN

Finances

Share Ownership

Return on Equity

6,44 %

Current Ratio

7,43

Debt-to-Equity Ratio

1,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	422 000	422 000	384 000	384 000
Net Income	60 000	122 000	71 000	90 000
Total Assets	2 382 000	2 421 000	2 403 000	2 436 000
Total Equity	931 000	871 000	749 000	678 000

Income (NOK)	2022	2021	2020	2019
Revenue	422 000	422 000	384 000	384 000
Expenditure	333 000	271 000	280 000	249 000
Operating Profit	89 000	144 000	99 000	130 000
Financial Income	6 000	1 000	3 000	6 000
Financial Costs	35 000	22 000	30 000	47 000
Financial Balance	−29 000	−21 000	−27 000	−41 000
Earnings Before Tax	60 000	129 000	76 000	94 000
Tax	0	0	0	0
Net Income	60 000	122 000	71 000	90 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 988 000	1 988 000	1 988 000	1 988 000
Total Current Assets	394 000	433 000	415 000	449 000
Total Assets	2 382 000	2 421 000	2 403 000	2 436 000
Total Retained Equity	931 000	871 000	749 000	678 000
Total Equity	931 000	871 000	749 000	678 000
Total Long-Term Debt	1 398 000	1 503 000	1 611 000	1 713 000
Total Current Debt	53 000	46 000	43 000	45 000
Total Equity and Debt	2 382 000	2 421 000	2 403 000	2 436 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	422 000	422 000	384 000	384 000
Revenue	422 000	422 000	384 000	384 000
Cost of Goods Sold	0	0	0	0
Salary Costs	18 000	18 000	18 000	18 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	333 000	271 000	280 000	249 000
Operating Profit	89 000	144 000	99 000	130 000
Financial Income	6 000	1 000	3 000	6 000
Financial Costs	35 000	22 000	30 000	47 000
Financial Balance	−29 000	−21 000	−27 000	−41 000
Dividends	0	0	0	0
Net Income	60 000	122 000	71 000	90 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 988 000	1 988 000	1 988 000	1 988 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 988 000	1 988 000	1 988 000	1 988 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 988 000	1 988 000	1 988 000	1 988 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	337 000	379 000	368 000	409 000
Total Current Assets	394 000	433 000	415 000	449 000
Total Assets	2 382 000	2 421 000	2 403 000	2 436 000
Total Equity	931 000	871 000	749 000	678 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 398 000	1 503 000	1 611 000	1 713 000
Creditors	53 000	46 000	43 000	44 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	1 000
Total Current Debt	53 000	46 000	43 000	45 000
Total Equity and Debt	2 382 000	2 421 000	2 403 000	2 436 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,44 %	14,01 %	9,48 %	13,27 %
Debt-to-Equity Ratio	1,5	1,73	2,15	2,53
Operating Profit Margin	21,09 %	34,12 %	25,78 %	33,85 %
Current Ratio	7,43	9,41	9,65	9,98
Quick Ratio	7,43	9,41	9,65	9,98
Equity Ratio	0,39	0,36	0,31	0,28
Gross Profit Margin	100 %	100 %	100 %	100 %