HOVHOLTÅSEN BORETTSLAG

3916 PORSGRUNN

Finances

Share Ownership

Return on Equity

−12,24 %

Current Ratio

5,13

Debt-to-Equity Ratio

−2,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 808 000	1 635 000	1 734 000	1 731 000
Net Income	577 000	346 000	651 000	641 000
Total Assets	8 938 000	8 649 000	8 780 000	8 674 000
Total Equity	−4 715 000	−5 292 000	−5 638 000	−6 290 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 808 000	1 635 000	1 734 000	1 731 000
Expenditure	949 000	1 071 000	820 000	772 000
Operating Profit	859 000	565 000	914 000	959 000
Financial Income	4 000	1 000	1 000	2 000
Financial Costs	286 000	219 000	265 000	320 000
Financial Balance	−282 000	−218 000	−264 000	−318 000
Earnings Before Tax	577 000	346 000	651 000	641 000
Tax	0	0	0	0
Net Income	577 000	346 000	651 000	641 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 148 000	8 169 000	8 083 000	8 002 000
Total Current Assets	790 000	480 000	697 000	671 000
Total Assets	8 938 000	8 649 000	8 780 000	8 674 000
Total Retained Equity	−4 718 000	−5 294 000	−5 641 000	−6 292 000
Total Equity	−4 715 000	−5 292 000	−5 638 000	−6 290 000
Total Long-Term Debt	13 499 000	13 696 000	14 257 000	14 799 000
Total Current Debt	154 000	245 000	161 000	165 000
Total Equity and Debt	8 938 000	8 649 000	8 780 000	8 674 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 808 000	1 635 000	1 734 000	1 731 000
Revenue	1 808 000	1 635 000	1 734 000	1 731 000
Cost of Goods Sold	0	0	0	0
Salary Costs	103 000	103 000	99 000	103 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	949 000	1 071 000	820 000	772 000
Operating Profit	859 000	565 000	914 000	959 000
Financial Income	4 000	1 000	1 000	2 000
Financial Costs	286 000	219 000	265 000	320 000
Financial Balance	−282 000	−218 000	−264 000	−318 000
Dividends	0	0	0	0
Net Income	577 000	346 000	651 000	641 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 752 000	7 752 000	7 752 000	7 757 000
Machinery and Plant Facilities	70 000	93 000	115 000	138 000
Fixtures	0	0	0	0
Total Tangible Assets	7 823 000	7 845 000	7 868 000	7 895 000
Total Fiancial Fixed Assets	325 000	324 000	215 000	107 000
Total Fixed Assets	8 148 000	8 169 000	8 083 000	8 002 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	642 000	365 000	573 000	544 000
Total Current Assets	790 000	480 000	697 000	671 000
Total Assets	8 938 000	8 649 000	8 780 000	8 674 000
Total Equity	−4 715 000	−5 292 000	−5 638 000	−6 290 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 499 000	13 696 000	14 257 000	14 799 000
Creditors	70 000	199 000	124 000	121 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	84 000	46 000	38 000	44 000
Total Current Debt	154 000	245 000	161 000	165 000
Total Equity and Debt	8 938 000	8 649 000	8 780 000	8 674 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,24 %	−6,54 %	−11,55 %	−10,19 %
Debt-to-Equity Ratio	−2,86	−2,59	−2,53	−2,35
Operating Profit Margin	47,51 %	34,56 %	52,71 %	55,4 %
Current Ratio	5,13	1,96	4,33	4,07
Quick Ratio	5,13	1,96	4,33	4,07
Equity Ratio	−0,53	−0,61	−0,64	−0,73
Gross Profit Margin	100 %	100 %	100 %	100 %