HOVHOLTLIA BORETTSLAG

3916 PORSGRUNN

Finances

Share Ownership

Return on Equity

−27,07 %

Current Ratio

4,98

Debt-to-Equity Ratio

−6

Key figures (NOK)	2022	2021	2020	2019
Revenue	825 000	811 000	738 000	692 000
Net Income	203 000	210 000	62 000	163 000
Total Assets	3 834 000	3 776 000	3 671 000	3 703 000
Total Equity	−750 000	−952 000	−1 162 000	−1 224 000

Income (NOK)	2022	2021	2020	2019
Revenue	825 000	811 000	738 000	692 000
Expenditure	482 000	454 000	525 000	373 000
Operating Profit	343 000	357 000	213 000	319 000
Financial Income	2 000	1 000	2 000	2 000
Financial Costs	142 000	148 000	153 000	158 000
Financial Balance	−140 000	−147 000	−151 000	−156 000
Earnings Before Tax	203 000	210 000	62 000	163 000
Tax	0	0	0	0
Net Income	203 000	210 000	62 000	163 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 416 000	3 355 000	3 331 000	3 307 000
Total Current Assets	418 000	421 000	340 000	396 000
Total Assets	3 834 000	3 776 000	3 671 000	3 703 000
Total Retained Equity	−751 000	−954 000	−1 163 000	−1 225 000
Total Equity	−750 000	−952 000	−1 162 000	−1 224 000
Total Long-Term Debt	4 500 000	4 616 000	4 726 000	4 832 000
Total Current Debt	84 000	113 000	107 000	95 000
Total Equity and Debt	3 834 000	3 776 000	3 671 000	3 703 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	825 000	811 000	738 000	692 000
Revenue	825 000	811 000	738 000	692 000
Cost of Goods Sold	0	0	0	0
Salary Costs	48 000	48 000	14 000	14 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	482 000	454 000	525 000	373 000
Operating Profit	343 000	357 000	213 000	319 000
Financial Income	2 000	1 000	2 000	2 000
Financial Costs	142 000	148 000	153 000	158 000
Financial Balance	−140 000	−147 000	−151 000	−156 000
Dividends	0	0	0	0
Net Income	203 000	210 000	62 000	163 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 194 000	3 194 000	3 194 000	3 194 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 194 000	3 194 000	3 194 000	3 194 000
Total Fiancial Fixed Assets	222 000	161 000	137 000	113 000
Total Fixed Assets	3 416 000	3 355 000	3 331 000	3 307 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	320 000	322 000	252 000	318 000
Total Current Assets	418 000	421 000	340 000	396 000
Total Assets	3 834 000	3 776 000	3 671 000	3 703 000
Total Equity	−750 000	−952 000	−1 162 000	−1 224 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 500 000	4 616 000	4 726 000	4 832 000
Creditors	72 000	100 000	95 000	81 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	12 000	12 000	12 000	14 000
Total Current Debt	84 000	113 000	107 000	95 000
Total Equity and Debt	3 834 000	3 776 000	3 671 000	3 703 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,07 %	−22,06 %	−5,34 %	−13,32 %
Debt-to-Equity Ratio	−6	−4,85	−4,07	−3,95
Operating Profit Margin	41,58 %	44,02 %	28,86 %	46,1 %
Current Ratio	4,98	3,73	3,18	4,17
Quick Ratio	4,98	3,73	3,18	4,17
Equity Ratio	−0,2	−0,25	−0,32	−0,33
Gross Profit Margin	100 %	100 %	100 %	100 %