HOVENØRAN BORETTSLAG

6600 SUNNDALSØRA

Finances

Share Ownership

Return on Equity

−5,39 %

Current Ratio

108,59

Debt-to-Equity Ratio

3,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 466 000	2 461 000	2 454 000	2 378 000
Net Income	−170 000	782 000	755 000	566 000
Total Assets	14 009 000	14 165 000	13 924 000	13 746 000
Total Equity	3 152 000	3 322 000	2 540 000	1 785 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 466 000	2 461 000	2 454 000	2 378 000
Expenditure	2 449 000	1 549 000	1 476 000	1 502 000
Operating Profit	18 000	912 000	977 000	876 000
Financial Income	34 000	32 000	8 000	2 000
Financial Costs	221 000	162 000	230 000	312 000
Financial Balance	−187 000	−130 000	−222 000	−310 000
Earnings Before Tax	−170 000	782 000	755 000	566 000
Tax	0	0	0	0
Net Income	−170 000	782 000	755 000	566 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 164 000	12 164 000	12 164 000	12 164 000
Total Current Assets	1 846 000	2 002 000	1 760 000	1 582 000
Total Assets	14 009 000	14 165 000	13 924 000	13 746 000
Total Retained Equity	3 148 000	3 317 000	2 535 000	0
Total Equity	3 152 000	3 322 000	2 540 000	1 785 000
Total Long-Term Debt	10 840 000	10 738 000	11 340 000	11 904 000
Total Current Debt	17 000	105 000	44 000	57 000
Total Equity and Debt	14 009 000	14 165 000	13 924 000	13 746 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 683 000	1 690 000	1 618 000	1 557 000
Other Income	784 000	771 000	836 000	821 000
Revenue	2 466 000	2 461 000	2 454 000	2 378 000
Cost of Goods Sold	0	0	0	0
Salary Costs	42 000	42 000	42 000	41 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 449 000	1 549 000	1 476 000	1 502 000
Operating Profit	18 000	912 000	977 000	876 000
Financial Income	34 000	32 000	8 000	2 000
Financial Costs	221 000	162 000	230 000	312 000
Financial Balance	−187 000	−130 000	−222 000	−310 000
Dividends	0	0	0	0
Net Income	−170 000	782 000	755 000	566 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 164 000	12 164 000	12 164 000	12 164 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	12 164 000	12 164 000	12 164 000	12 164 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 164 000	12 164 000	12 164 000	12 164 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 841 000	1 861 000	1 719 000	1 497 000
Total Current Assets	1 846 000	2 002 000	1 760 000	1 582 000
Total Assets	14 009 000	14 165 000	13 924 000	13 746 000
Total Equity	3 152 000	3 322 000	2 540 000	1 785 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 840 000	10 738 000	11 340 000	11 904 000
Creditors	4 000	−1 000	2 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	13 000	106 000	42 000	57 000
Total Current Debt	17 000	105 000	44 000	57 000
Total Equity and Debt	14 009 000	14 165 000	13 924 000	13 746 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,39 %	23,54 %	29,72 %	31,71 %
Debt-to-Equity Ratio	3,44	3,23	4,46	6,67
Operating Profit Margin	0,73 %	37,06 %	39,81 %	36,84 %
Current Ratio	108,59	19,07	40	27,75
Quick Ratio	108,59	19,07	40	27,75
Equity Ratio	0,22	0,23	0,18	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %