HOVLAND BORETTSLAG

3256 LARVIK

Finances

Share Ownership

Return on Equity

−10,9 %

Current Ratio

3,21

Debt-to-Equity Ratio

−2,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 394 000	6 033 000	6 003 000	6 051 000
Net Income	1 766 000	1 986 000	2 093 000	1 017 000
Total Assets	31 967 000	31 850 000	32 859 000	31 594 000
Total Equity	−16 196 000	−17 962 000	−19 948 000	−22 041 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 394 000	6 033 000	6 003 000	6 051 000
Expenditure	2 944 000	2 827 000	2 525 000	3 377 000
Operating Profit	2 829 000	2 640 000	3 032 000	2 245 000
Financial Income	1 000	5 000	8 000	71 000
Financial Costs	1 065 000	659 000	947 000	1 299 000
Financial Balance	−1 064 000	−654 000	−939 000	−1 228 000
Earnings Before Tax	2 387 000	2 552 000	2 540 000	1 447 000
Tax	0	0	0	0
Net Income	1 766 000	1 986 000	2 093 000	1 017 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 906 000	29 719 000	29 719 000	29 719 000
Total Current Assets	2 062 000	2 132 000	3 141 000	1 875 000
Total Assets	31 967 000	31 850 000	32 859 000	31 594 000
Total Retained Equity	−16 206 000	−17 972 000	−19 958 000	−22 051 000
Total Equity	−16 196 000	−17 962 000	−19 948 000	−22 041 000
Total Long-Term Debt	47 521 000	48 986 000	52 101 000	52 849 000
Total Current Debt	643 000	827 000	706 000	786 000
Total Equity and Debt	31 967 000	31 850 000	32 859 000	31 594 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 394 000	6 033 000	6 003 000	6 051 000
Other Income	0	0	0	0
Revenue	6 394 000	6 033 000	6 003 000	6 051 000
Cost of Goods Sold	0	0	0	0
Salary Costs	138 000	141 000	139 000	139 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 944 000	2 827 000	2 525 000	3 377 000
Operating Profit	2 829 000	2 640 000	3 032 000	2 245 000
Financial Income	1 000	5 000	8 000	71 000
Financial Costs	1 065 000	659 000	947 000	1 299 000
Financial Balance	−1 064 000	−654 000	−939 000	−1 228 000
Dividends	0	0	0	0
Net Income	1 766 000	1 986 000	2 093 000	1 017 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	29 906 000	29 719 000	29 719 000	29 719 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	29 906 000	29 719 000	29 719 000	29 719 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	29 906 000	29 719 000	29 719 000	29 719 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 062 000	2 132 000	3 141 000	1 875 000
Total Current Assets	2 062 000	2 132 000	3 141 000	1 875 000
Total Assets	31 967 000	31 850 000	32 859 000	31 594 000
Total Equity	−16 196 000	−17 962 000	−19 948 000	−22 041 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	47 521 000	48 986 000	52 101 000	52 849 000
Creditors	390 000	597 000	400 000	580 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	252 000	229 000	306 000	206 000
Total Current Debt	643 000	827 000	706 000	786 000
Total Equity and Debt	31 967 000	31 850 000	32 859 000	31 594 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,9 %	−11,06 %	−10,49 %	−4,61 %
Debt-to-Equity Ratio	−2,93	−2,73	−2,61	−2,4
Operating Profit Margin	44,24 %	43,76 %	50,51 %	37,1 %
Current Ratio	3,21	2,58	4,45	2,39
Quick Ratio	3,21	2,58	4,45	2,39
Equity Ratio	−0,51	−0,56	−0,61	−0,7
Gross Profit Margin	100 %	100 %	100 %	100 %