HOVSVEGEN BORETTSLAG

6600 SUNNDALSØRA

Finances

Share Ownership

Return on Equity

−7,75 %

Current Ratio

27,38

Debt-to-Equity Ratio

−1,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 407 000	1 584 000	1 507 000	1 635 000
Net Income	360 000	611 000	344 000	423 000
Total Assets	4 496 000	4 481 000	4 327 000	4 368 000
Total Equity	−4 647 000	−5 007 000	−5 618 000	−5 962 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 407 000	1 584 000	1 507 000	1 635 000
Expenditure	959 000	911 000	1 020 000	897 000
Operating Profit	449 000	672 000	487 000	738 000
Financial Income	14 000	11 000	7 000	15 000
Financial Costs	102 000	72 000	150 000	329 000
Financial Balance	−88 000	−61 000	−143 000	−314 000
Earnings Before Tax	360 000	611 000	344 000	423 000
Tax	0	0	0	0
Net Income	360 000	611 000	344 000	423 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 908 000	2 957 000	3 006 000	3 055 000
Total Current Assets	1 588 000	1 524 000	1 321 000	1 313 000
Total Assets	4 496 000	4 481 000	4 327 000	4 368 000
Total Retained Equity	−4 650 000	−5 010 000	−5 622 000	−5 966 000
Total Equity	−4 647 000	−5 007 000	−5 618 000	−5 962 000
Total Long-Term Debt	9 085 000	9 425 000	9 859 000	10 295 000
Total Current Debt	58 000	63 000	86 000	35 000
Total Equity and Debt	4 496 000	4 481 000	4 327 000	4 368 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 407 000	1 584 000	1 507 000	1 635 000
Revenue	1 407 000	1 584 000	1 507 000	1 635 000
Cost of Goods Sold	0	0	0	0
Salary Costs	56 000	53 000	53 000	81 000
Depreciation	49 000	49 000	49 000	49 000
Impairment	0	0	0	0
Expenditure	959 000	911 000	1 020 000	897 000
Operating Profit	449 000	672 000	487 000	738 000
Financial Income	14 000	11 000	7 000	15 000
Financial Costs	102 000	72 000	150 000	329 000
Financial Balance	−88 000	−61 000	−143 000	−314 000
Dividends	0	0	0	0
Net Income	360 000	611 000	344 000	423 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 638 000	2 638 000	2 638 000	2 638 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	270 000	319 000	368 000	417 000
Total Tangible Assets	2 908 000	2 957 000	3 006 000	3 055 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 908 000	2 957 000	3 006 000	3 055 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 584 000	1 502 000	1 204 000	1 280 000
Total Current Assets	1 588 000	1 524 000	1 321 000	1 313 000
Total Assets	4 496 000	4 481 000	4 327 000	4 368 000
Total Equity	−4 647 000	−5 007 000	−5 618 000	−5 962 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 085 000	9 425 000	9 859 000	10 295 000
Creditors	37 000	34 000	71 000	13 000
Unpaid Taxes	0	2 000	8 000	9 000
Dividends	0	0	0	0
Other Current Debt	21 000	26 000	7 000	14 000
Total Current Debt	58 000	63 000	86 000	35 000
Total Equity and Debt	4 496 000	4 481 000	4 327 000	4 368 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,75 %	−12,2 %	−6,12 %	−7,09 %
Debt-to-Equity Ratio	−1,96	−1,88	−1,75	−1,73
Operating Profit Margin	31,91 %	42,42 %	32,32 %	45,14 %
Current Ratio	27,38	24,19	15,36	37,51
Quick Ratio	27,38	24,19	15,36	37,51
Equity Ratio	−1,03	−1,12	−1,3	−1,36
Gross Profit Margin	100 %	100 %	100 %	100 %