HOVIN OLA

7228 KVÅL

Finances

Share Ownership

Return on Equity

103,82 %

Current Ratio

2,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	436 000	408 000	339 000	316 000
Net Income	136 000	155 000	115 000	97 000
Total Assets	227 000	214 000	74 000	66 000
Total Equity	131 000	147 000	17 000	14 000

Income (NOK)	2022	2021	2020	2019
Revenue	436 000	408 000	339 000	316 000
Expenditure	300 000	253 000	224 000	219 000
Operating Profit	136 000	155 000	115 000	97 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	136 000	155 000	115 000	97 000
Tax	0	0	0	0
Net Income	136 000	155 000	115 000	97 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	12 000
Total Current Assets	227 000	214 000	74 000	53 000
Total Assets	227 000	214 000	74 000	66 000
Total Retained Equity	131 000	147 000	17 000	14 000
Total Equity	131 000	147 000	17 000	14 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	96 000	67 000	57 000	52 000
Total Equity and Debt	227 000	214 000	74 000	66 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	436 000	408 000	339 000	316 000
Other Income	0	0	0	0
Revenue	436 000	408 000	339 000	316 000
Cost of Goods Sold	31 000	45 000	2 000	0
Salary Costs	0	1 000	5 000	5 000
Depreciation	0	0	12 000	3 000
Impairment	0	0	0	0
Expenditure	300 000	253 000	224 000	219 000
Operating Profit	136 000	155 000	115 000	97 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	136 000	155 000	115 000	97 000

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	12 000
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	12 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	12 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 000	52 000	33 000	37 000
Total Current Assets	227 000	214 000	74 000	53 000
Total Assets	227 000	214 000	74 000	66 000
Total Equity	131 000	147 000	17 000	14 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	45 000	12 000	3 000	4 000
Unpaid Taxes	51 000	55 000	50 000	43 000
Dividends	0	0	0	0
Other Current Debt	0	0	4 000	4 000
Total Current Debt	96 000	67 000	57 000	52 000
Total Equity and Debt	227 000	214 000	74 000	66 000

Financial indicators	2022	2021	2020	2019
Return on Equity	103,82 %	105,44 %	676,47 %	692,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	31,19 %	37,99 %	33,92 %	30,7 %
Current Ratio	2,36	3,19	1,3	1,02
Quick Ratio	2,36	3,19	1,3	1,02
Equity Ratio	0,58	0,69	0,23	0,21
Gross Profit Margin	92,89 %	88,97 %	99,41 %	100 %