HOVLAND PROSJEKT AS

6876 SKJOLDEN

Finances

Share Ownership

Return on Equity

−32,71 %

Current Ratio

9,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	304 000	0	1 757 000	1 756 000
Net Income	−573 000	−891 000	686 000	693 000
Total Assets	1 953 000	2 443 000	3 842 000	3 775 000
Total Equity	1 752 000	2 325 000	3 216 000	2 729 000

Income (NOK)	2022	2021	2020	2019
Revenue	304 000	0	1 757 000	1 756 000
Expenditure	891 000	900 000	900 000	900 000
Operating Profit	−588 000	−900 000	857 000	856 000
Financial Income	15 000	9 000	23 000	33 000
Financial Costs	0	0	0	0
Financial Balance	15 000	9 000	23 000	33 000
Earnings Before Tax	−573 000	−891 000	880 000	889 000
Tax	0	0	194 000	196 000
Net Income	−573 000	−891 000	686 000	693 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 953 000	2 443 000	3 842 000	3 775 000
Total Assets	1 953 000	2 443 000	3 842 000	3 775 000
Total Retained Equity	1 652 000	2 225 000	3 116 000	2 629 000
Total Equity	1 752 000	2 325 000	3 216 000	2 729 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	201 000	118 000	626 000	1 046 000
Total Equity and Debt	1 953 000	2 443 000	3 842 000	3 775 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	304 000	0	1 757 000	1 756 000
Other Income	0	0	0	0
Revenue	304 000	0	1 757 000	1 756 000
Cost of Goods Sold	0	0	0	0
Salary Costs	776 000	773 000	768 000	769 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	891 000	900 000	900 000	900 000
Operating Profit	−588 000	−900 000	857 000	856 000
Financial Income	15 000	9 000	23 000	33 000
Financial Costs	0	0	0	0
Financial Balance	15 000	9 000	23 000	33 000
Dividends	0	0	200 000	600 000
Net Income	−573 000	−891 000	686 000	693 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	5 000	5 000	5 000	5 000
Cash, Bank	1 566 000	2 434 000	3 576 000	3 335 000
Total Current Assets	1 953 000	2 443 000	3 842 000	3 775 000
Total Assets	1 953 000	2 443 000	3 842 000	3 775 000
Total Equity	1 752 000	2 325 000	3 216 000	2 729 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	10 000	0	11 000	0
Unpaid Taxes	129 000	55 000	142 000	180 000
Dividends	0	0	200 000	600 000
Other Current Debt	62 000	63 000	79 000	70 000
Total Current Debt	201 000	118 000	626 000	1 046 000
Total Equity and Debt	1 953 000	2 443 000	3 842 000	3 775 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−32,71 %	−38,32 %	21,33 %	25,39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−193,42 %	-	48,78 %	48,75 %
Current Ratio	9,72	20,7	6,14	3,61
Quick Ratio	9,72	20,7	6,14	3,61
Equity Ratio	0,9	0,95	0,84	0,72
Gross Profit Margin	100 %	-	100 %	100 %