HOVDEN HØYFJELLSENTER AS

4755 HOVDEN I SETESDAL

Finances

Return on Equity

−0,53 %

Current Ratio

1,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 921 000	5 412 000	6 170 000	7 504 000
Net Income	−4 000	−931 000	−36 000	−168 000
Total Assets	2 320 000	1 683 000	1 428 000	2 086 000
Total Equity	759 000	763 000	755 000	740 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 921 000	5 412 000	6 170 000	7 504 000
Expenditure	7 906 000	6 601 000	6 189 000	7 612 000
Operating Profit	14 000	−1 190 000	−19 000	−107 000
Financial Income	1 000	0	1 000	6 000
Financial Costs	19 000	6 000	18 000	66 000
Financial Balance	−18 000	−6 000	−17 000	−60 000
Earnings Before Tax	−4 000	−1 196 000	−36 000	−168 000
Tax	0	−265 000	0	0
Net Income	−4 000	−931 000	−36 000	−168 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	12 000	25 000	38 000
Total Current Assets	2 320 000	1 671 000	1 403 000	2 047 000
Total Assets	2 320 000	1 683 000	1 428 000	2 086 000
Total Retained Equity	−475 000	−471 000	460 000	497 000
Total Equity	759 000	763 000	755 000	740 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 561 000	920 000	673 000	1 346 000
Total Equity and Debt	2 320 000	1 683 000	1 428 000	2 086 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 349 000	864 000	1 237 000	861 000
Other Income	6 571 000	4 547 000	4 933 000	6 643 000
Revenue	7 921 000	5 412 000	6 170 000	7 504 000
Cost of Goods Sold	5 000	3 000	5 000	34 000
Salary Costs	2 892 000	2 218 000	2 053 000	2 653 000
Depreciation	12 000	13 000	13 000	13 000
Impairment	0	0	0	0
Expenditure	7 906 000	6 601 000	6 189 000	7 612 000
Operating Profit	14 000	−1 190 000	−19 000	−107 000
Financial Income	1 000	0	1 000	6 000
Financial Costs	19 000	6 000	18 000	66 000
Financial Balance	−18 000	−6 000	−17 000	−60 000
Dividends	0	0	0	0
Net Income	−4 000	−931 000	−36 000	−168 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	12 000	25 000	38 000
Total Tangible Assets	0	12 000	25 000	38 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	12 000	25 000	38 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	626 000	212 000	485 000	488 000
Total Current Assets	2 320 000	1 671 000	1 403 000	2 047 000
Total Assets	2 320 000	1 683 000	1 428 000	2 086 000
Total Equity	759 000	763 000	755 000	740 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	95 000	47 000	69 000	173 000
Unpaid Taxes	195 000	89 000	149 000	179 000
Dividends	0	0	0	0
Other Current Debt	1 271 000	784 000	455 000	994 000
Total Current Debt	1 561 000	920 000	673 000	1 346 000
Total Equity and Debt	2 320 000	1 683 000	1 428 000	2 086 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,53 %	−122,02 %	−4,77 %	−22,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,18 %	−21,99 %	−0,31 %	−1,43 %
Current Ratio	1,49	1,82	2,08	1,52
Quick Ratio	1,49	1,82	2,08	1,52
Equity Ratio	0,33	0,45	0,53	0,35
Gross Profit Margin	99,94 %	99,94 %	99,92 %	99,55 %