HOVDEN INVESTERING AS

6102 VOLDA

Finances

Return on Equity

3,16 %

Current Ratio

2,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 000	37 000	8 000	0
Net Income	35 000	9 000	−15 000	−34 000
Total Assets	1 144 000	1 114 000	1 105 000	1 125 000
Total Equity	1 107 000	1 092 000	1 083 000	1 098 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 000	37 000	8 000	0
Expenditure	54 000	51 000	49 000	83 000
Operating Profit	−4 000	−15 000	−42 000	−82 000
Financial Income	38 000	21 000	18 000	32 000
Financial Costs	0	0	0	0
Financial Balance	38 000	21 000	18 000	32 000
Earnings Before Tax	34 000	6 000	−24 000	−51 000
Tax	−1 000	−3 000	−9 000	−17 000
Net Income	35 000	9 000	−15 000	−34 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 052 000	1 072 000	1 063 000	630 000
Total Current Assets	91 000	42 000	42 000	495 000
Total Assets	1 144 000	1 114 000	1 105 000	1 125 000
Total Retained Equity	982 000	967 000	958 000	973 000
Total Equity	1 107 000	1 092 000	1 083 000	1 098 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	37 000	22 000	23 000	27 000
Total Equity and Debt	1 144 000	1 114 000	1 105 000	1 125 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 000	37 000	8 000	0
Other Income	0	0	0	0
Revenue	50 000	37 000	8 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	11 000	−5 000	16 000
Depreciation	20 000	20 000	28 000	28 000
Impairment	0	0	0	0
Expenditure	54 000	51 000	49 000	83 000
Operating Profit	−4 000	−15 000	−42 000	−82 000
Financial Income	38 000	21 000	18 000	32 000
Financial Costs	0	0	0	0
Financial Balance	38 000	21 000	18 000	32 000
Dividends	20 000	0	0	0
Net Income	35 000	9 000	−15 000	−34 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	54 000	54 000	51 000	42 000
Real Eastate	521 000	541 000	561 000	589 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	521 000	541 000	561 000	589 000
Total Fiancial Fixed Assets	477 000	477 000	452 000	0
Total Fixed Assets	1 052 000	1 072 000	1 063 000	630 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	90 000	42 000	41 000	495 000
Total Current Assets	91 000	42 000	42 000	495 000
Total Assets	1 144 000	1 114 000	1 105 000	1 125 000
Total Equity	1 107 000	1 092 000	1 083 000	1 098 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	10 000	11 000	7 000	0
Unpaid Taxes	1 000	1 000	2 000	5 000
Dividends	20 000	0	0	0
Other Current Debt	6 000	10 000	14 000	23 000
Total Current Debt	37 000	22 000	23 000	27 000
Total Equity and Debt	1 144 000	1 114 000	1 105 000	1 125 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,16 %	0,82 %	−1,39 %	−3,1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−8 %	−40,54 %	−525 %	-
Current Ratio	2,46	1,91	1,83	18,33
Quick Ratio	2,46	1,91	1,83	18,33
Equity Ratio	0,97	0,98	0,98	0,98
Gross Profit Margin	100 %	100 %	100 %	-