HOVIN BORETTSLAG

0179 OSLO

Finances

Share Ownership

Return on Equity

48,16 %

Current Ratio

2,2

Debt-to-Equity Ratio

−1,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 704 000	19 760 000	19 204 000	18 428 000
Net Income	−54 042 000	−54 527 000	−1 455 000	4 256 000
Total Assets	66 818 000	86 492 000	52 395 000	58 136 000
Total Equity	−112 216 000	−58 174 000	−3 647 000	−2 192 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 704 000	19 760 000	19 204 000	18 428 000
Expenditure	72 246 000	72 918 000	19 645 000	12 909 000
Operating Profit	−50 543 000	−53 157 000	−441 000	5 519 000
Financial Income	129 000	31 000	39 000	92 000
Financial Costs	3 628 000	1 401 000	1 053 000	1 354 000
Financial Balance	−3 499 000	−1 370 000	−1 014 000	−1 262 000
Earnings Before Tax	−54 042 000	−54 527 000	−1 455 000	4 256 000
Tax	0	0	0	0
Net Income	−54 042 000	−54 527 000	−1 455 000	4 256 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	48 701 000	48 655 000	46 038 000	46 157 000
Total Current Assets	18 117 000	37 837 000	6 357 000	11 979 000
Total Assets	66 818 000	86 492 000	52 395 000	58 136 000
Total Retained Equity	−112 270 000	−58 228 000	−3 701 000	−2 246 000
Total Equity	−112 216 000	−58 174 000	−3 647 000	−2 192 000
Total Long-Term Debt	170 792 000	140 013 000	54 288 000	58 413 000
Total Current Debt	8 242 000	4 653 000	1 754 000	1 915 000
Total Equity and Debt	66 818 000	86 492 000	52 395 000	58 136 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	21 704 000	19 760 000	19 204 000	18 428 000
Revenue	21 704 000	19 760 000	19 204 000	18 428 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 044 000	1 896 000	1 781 000	1 672 000
Depreciation	283 000	170 000	142 000	88 000
Impairment	0	0	0	0
Expenditure	72 246 000	72 918 000	19 645 000	12 909 000
Operating Profit	−50 543 000	−53 157 000	−441 000	5 519 000
Financial Income	129 000	31 000	39 000	92 000
Financial Costs	3 628 000	1 401 000	1 053 000	1 354 000
Financial Balance	−3 499 000	−1 370 000	−1 014 000	−1 262 000
Dividends	0	0	0	0
Net Income	−54 042 000	−54 527 000	−1 455 000	4 256 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	45 406 000	45 406 000	45 406 000	45 406 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 713 000	3 249 000	632 000	752 000
Total Tangible Assets	48 119 000	48 655 000	46 038 000	46 157 000
Total Fiancial Fixed Assets	582 000	0	0	0
Total Fixed Assets	48 701 000	48 655 000	46 038 000	46 157 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	17 933 000	37 669 000	6 281 000	11 186 000
Total Current Assets	18 117 000	37 837 000	6 357 000	11 979 000
Total Assets	66 818 000	86 492 000	52 395 000	58 136 000
Total Equity	−112 216 000	−58 174 000	−3 647 000	−2 192 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	170 792 000	140 013 000	54 288 000	58 413 000
Creditors	6 039 000	4 119 000	1 496 000	1 665 000
Unpaid Taxes	124 000	99 000	84 000	84 000
Dividends	0	0	0	0
Other Current Debt	2 046 000	422 000	172 000	162 000
Total Current Debt	8 242 000	4 653 000	1 754 000	1 915 000
Total Equity and Debt	66 818 000	86 492 000	52 395 000	58 136 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,16 %	93,73 %	39,9 %	−194,16 %
Debt-to-Equity Ratio	−1,52	−2,41	−14,89	−26,65
Operating Profit Margin	−232,87 %	−269,01 %	−2,3 %	29,95 %
Current Ratio	2,2	8,13	3,62	6,26
Quick Ratio	2,2	8,13	3,62	6,26
Equity Ratio	−1,68	−0,67	−0,07	−0,04
Gross Profit Margin	100 %	100 %	100 %	100 %