HOVDEN EIENDOM AS

4755 HOVDEN I SETESDAL

Finances

Return on Equity

35,53 %

Current Ratio

1,28

Debt-to-Equity Ratio

35,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 586 000	2 578 000	2 541 000	2 500 000
Net Income	97 000	834 000	757 000	526 000
Total Assets	12 779 000	13 325 000	12 920 000	13 112 000
Total Equity	273 000	1 977 000	2 076 000	1 319 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 586 000	2 578 000	2 541 000	2 500 000
Expenditure	2 032 000	1 231 000	1 241 000	1 391 000
Operating Profit	555 000	1 347 000	1 300 000	1 110 000
Financial Income	19 000	6 000	10 000	13 000
Financial Costs	367 000	207 000	259 000	345 000
Financial Balance	−348 000	−201 000	−249 000	−332 000
Earnings Before Tax	207 000	1 146 000	1 051 000	777 000
Tax	111 000	312 000	294 000	251 000
Net Income	97 000	834 000	757 000	526 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 279 000	10 137 000	11 007 000	11 804 000
Total Current Assets	3 500 000	3 188 000	1 913 000	1 308 000
Total Assets	12 779 000	13 325 000	12 920 000	13 112 000
Total Retained Equity	97 000	−223 000	−124 000	−881 000
Total Equity	273 000	1 977 000	2 076 000	1 319 000
Total Long-Term Debt	9 772 000	9 772 000	9 772 000	10 030 000
Total Current Debt	2 733 000	1 576 000	1 072 000	1 763 000
Total Equity and Debt	12 779 000	13 325 000	12 920 000	13 112 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 586 000	2 578 000	2 541 000	2 500 000
Revenue	2 586 000	2 578 000	2 541 000	2 500 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 133 000	277 000	277 000	277 000
Depreciation	859 000	876 000	930 000	1 055 000
Impairment	0	0	0	0
Expenditure	2 032 000	1 231 000	1 241 000	1 391 000
Operating Profit	555 000	1 347 000	1 300 000	1 110 000
Financial Income	19 000	6 000	10 000	13 000
Financial Costs	367 000	207 000	259 000	345 000
Financial Balance	−348 000	−201 000	−249 000	−332 000
Dividends	1 800 000	0	0	0
Net Income	97 000	834 000	757 000	526 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 071 000	9 929 000	10 805 000	11 631 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	11 000
Total Tangible Assets	9 071 000	9 929 000	10 805 000	11 642 000
Total Fiancial Fixed Assets	208 000	208 000	202 000	162 000
Total Fixed Assets	9 279 000	10 137 000	11 007 000	11 804 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 491 000	2 987 000	1 913 000	1 306 000
Total Current Assets	3 500 000	3 188 000	1 913 000	1 308 000
Total Assets	12 779 000	13 325 000	12 920 000	13 112 000
Total Equity	273 000	1 977 000	2 076 000	1 319 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 772 000	9 772 000	9 772 000	10 030 000
Creditors	0	0	0	0
Unpaid Taxes	27 000	27 000	27 000	27 000
Dividends	1 800 000	0	0	0
Other Current Debt	2 596 000	1 502 000	763 000	1 518 000
Total Current Debt	2 733 000	1 576 000	1 072 000	1 763 000
Total Equity and Debt	12 779 000	13 325 000	12 920 000	13 112 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,53 %	42,19 %	36,46 %	39,88 %
Debt-to-Equity Ratio	35,79	4,94	4,71	7,6
Operating Profit Margin	21,46 %	52,25 %	51,16 %	44,4 %
Current Ratio	1,28	2,02	1,78	0,74
Quick Ratio	1,28	2,02	1,78	0,74
Equity Ratio	0,02	0,15	0,16	0,1
Gross Profit Margin	100 %	100 %	100 %	100 %