HOVDEN BADELAND AS

4755 HOVDEN I SETESDAL

Finances

Share Ownership

Return on Equity

−0,4 %

Current Ratio

1,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 898 000	7 504 000	7 131 000	6 852 000
Net Income	−6 000	−8 000	835 000	−229 000
Total Assets	2 925 000	2 858 000	2 583 000	1 718 000
Total Equity	1 491 000	1 497 000	1 505 000	671 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 898 000	7 504 000	7 131 000	6 852 000
Expenditure	8 922 000	7 514 000	6 290 000	7 076 000
Operating Profit	−23 000	−10 000	840 000	−225 000
Financial Income	18 000	4 000	0	6 000
Financial Costs	1 000	3 000	6 000	11 000
Financial Balance	17 000	1 000	−6 000	−5 000
Earnings Before Tax	−6 000	−8 000	835 000	−229 000
Tax	0	0	0	0
Net Income	−6 000	−8 000	835 000	−229 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	173 000	145 000	98 000	120 000
Total Current Assets	2 753 000	2 714 000	2 485 000	1 598 000
Total Assets	2 925 000	2 858 000	2 583 000	1 718 000
Total Retained Equity	491 000	497 000	505 000	−329 000
Total Equity	1 491 000	1 497 000	1 505 000	671 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 434 000	1 361 000	1 078 000	1 048 000
Total Equity and Debt	2 925 000	2 858 000	2 583 000	1 718 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 267 000	7 274 000	6 539 000	6 758 000
Other Income	1 630 000	230 000	592 000	94 000
Revenue	8 898 000	7 504 000	7 131 000	6 852 000
Cost of Goods Sold	937 000	757 000	791 000	882 000
Salary Costs	4 043 000	3 839 000	3 208 000	3 556 000
Depreciation	45 000	40 000	22 000	26 000
Impairment	0	0	0	0
Expenditure	8 922 000	7 514 000	6 290 000	7 076 000
Operating Profit	−23 000	−10 000	840 000	−225 000
Financial Income	18 000	4 000	0	6 000
Financial Costs	1 000	3 000	6 000	11 000
Financial Balance	17 000	1 000	−6 000	−5 000
Dividends	0	0	0	0
Net Income	−6 000	−8 000	835 000	−229 000

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	2 000	13 000	24 000
Fixtures	173 000	142 000	85 000	96 000
Total Tangible Assets	173 000	144 000	98 000	120 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	173 000	145 000	98 000	120 000
Stock	303 000	225 000	233 000	238 000
Total Investments	0	0	0	0
Cash, Bank	563 000	1 336 000	1 379 000	517 000
Total Current Assets	2 753 000	2 714 000	2 485 000	1 598 000
Total Assets	2 925 000	2 858 000	2 583 000	1 718 000
Total Equity	1 491 000	1 497 000	1 505 000	671 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	88 000	411 000	101 000	98 000
Unpaid Taxes	208 000	202 000	170 000	176 000
Dividends	0	0	0	0
Other Current Debt	1 138 000	748 000	807 000	774 000
Total Current Debt	1 434 000	1 361 000	1 078 000	1 048 000
Total Equity and Debt	2 925 000	2 858 000	2 583 000	1 718 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,4 %	−0,53 %	55,48 %	−34,13 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,26 %	−0,13 %	11,78 %	−3,28 %
Current Ratio	1,92	1,99	2,31	1,52
Quick Ratio	2,43	2,39	2,94	1,97
Equity Ratio	0,51	0,52	0,58	0,39
Gross Profit Margin	89,47 %	89,91 %	88,91 %	87,13 %