HOVLAND BORETTSLAG

3160 STOKKE

Finances

Share Ownership

Return on Equity

−3,88 %

Current Ratio

9,75

Debt-to-Equity Ratio

−1,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 152 000	1 065 000	948 000	1 120 000
Net Income	350 000	342 000	280 000	336 000
Total Assets	2 160 000	2 091 000	2 078 000	1 932 000
Total Equity	−9 032 000	−9 382 000	−9 724 000	−10 004 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 152 000	1 065 000	948 000	1 120 000
Expenditure	468 000	503 000	403 000	467 000
Operating Profit	685 000	562 000	544 000	653 000
Financial Income	7 000	0	1 000	5 000
Financial Costs	342 000	221 000	265 000	322 000
Financial Balance	−335 000	−221 000	−264 000	−317 000
Earnings Before Tax	350 000	342 000	280 000	336 000
Tax	0	0	0	0
Net Income	350 000	342 000	280 000	336 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 390 000	1 340 000	1 323 000	1 323 000
Total Current Assets	770 000	751 000	756 000	609 000
Total Assets	2 160 000	2 091 000	2 078 000	1 932 000
Total Retained Equity	−9 033 000	−9 384 000	−9 725 000	−10 005 000
Total Equity	−9 032 000	−9 382 000	−9 724 000	−10 004 000
Total Long-Term Debt	11 114 000	11 382 000	11 702 000	11 863 000
Total Current Debt	79 000	92 000	100 000	72 000
Total Equity and Debt	2 160 000	2 091 000	2 078 000	1 932 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 152 000	1 065 000	948 000	1 120 000
Revenue	1 152 000	1 065 000	948 000	1 120 000
Cost of Goods Sold	0	0	0	0
Salary Costs	29 000	23 000	34 000	37 000
Depreciation	15 000	0	0	0
Impairment	0	0	0	0
Expenditure	468 000	503 000	403 000	467 000
Operating Profit	685 000	562 000	544 000	653 000
Financial Income	7 000	0	1 000	5 000
Financial Costs	342 000	221 000	265 000	322 000
Financial Balance	−335 000	−221 000	−264 000	−317 000
Dividends	0	0	0	0
Net Income	350 000	342 000	280 000	336 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 323 000	1 340 000	1 323 000	1 323 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	68 000	0	0	0
Total Tangible Assets	1 390 000	1 340 000	1 323 000	1 323 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 390 000	1 340 000	1 323 000	1 323 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	702 000	689 000	672 000	540 000
Total Current Assets	770 000	751 000	756 000	609 000
Total Assets	2 160 000	2 091 000	2 078 000	1 932 000
Total Equity	−9 032 000	−9 382 000	−9 724 000	−10 004 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 114 000	11 382 000	11 702 000	11 863 000
Creditors	69 000	85 000	82 000	64 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	10 000	7 000	17 000	9 000
Total Current Debt	79 000	92 000	100 000	72 000
Total Equity and Debt	2 160 000	2 091 000	2 078 000	1 932 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,88 %	−3,65 %	−2,88 %	−3,36 %
Debt-to-Equity Ratio	−1,23	−1,21	−1,2	−1,19
Operating Profit Margin	59,46 %	52,77 %	57,38 %	58,3 %
Current Ratio	9,75	8,16	7,56	8,46
Quick Ratio	9,75	8,16	7,56	8,46
Equity Ratio	−4,18	−4,49	−4,68	−5,18
Gross Profit Margin	100 %	100 %	100 %	100 %