HOVIGGÅRDEN AS

9008 TROMSØ

Finances

Return on Equity

−0,11 %

Current Ratio

25,07

Debt-to-Equity Ratio

0,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	272 000	257 000	85 000	0
Net Income	−6 000	51 000	22 000	−5 000
Total Assets	9 216 000	9 078 000	9 038 000	385 000
Total Equity	5 229 000	5 235 000	5 184 000	83 000

Income (NOK)	2022	2021	2020	2019
Revenue	272 000	257 000	85 000	0
Expenditure	142 000	116 000	41 000	0
Operating Profit	130 000	142 000	44 000	0
Financial Income	0	0	3 000	1 000
Financial Costs	138 000	76 000	30 000	7 000
Financial Balance	−138 000	−76 000	−27 000	−6 000
Earnings Before Tax	−8 000	66 000	16 000	−5 000
Tax	−2 000	14 000	−5 000	0
Net Income	−6 000	51 000	22 000	−5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 489 000	8 351 000	8 461 000	20 000
Total Current Assets	727 000	727 000	577 000	365 000
Total Assets	9 216 000	9 078 000	9 038 000	385 000
Total Retained Equity	27 000	33 000	−18 000	−17 000
Total Equity	5 229 000	5 235 000	5 184 000	83 000
Total Long-Term Debt	3 957 000	3 823 000	3 850 000	302 000
Total Current Debt	29 000	20 000	4 000	0
Total Equity and Debt	9 216 000	9 078 000	9 038 000	385 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 000	0	0	0
Other Income	265 000	257 000	85 000	0
Revenue	272 000	257 000	85 000	0
Cost of Goods Sold	7 000	5 000	2 000	0
Salary Costs	0	0	0	0
Depreciation	110 000	110 000	37 000	0
Impairment	0	0	0	0
Expenditure	142 000	116 000	41 000	0
Operating Profit	130 000	142 000	44 000	0
Financial Income	0	0	3 000	1 000
Financial Costs	138 000	76 000	30 000	7 000
Financial Balance	−138 000	−76 000	−27 000	−6 000
Dividends	0	0	0	0
Net Income	−6 000	51 000	22 000	−5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 469 000	8 331 000	8 441 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 469 000	8 331 000	8 441 000	0
Total Fiancial Fixed Assets	20 000	20 000	20 000	20 000
Total Fixed Assets	8 489 000	8 351 000	8 461 000	20 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	716 000	718 000	469 000	365 000
Total Current Assets	727 000	727 000	577 000	365 000
Total Assets	9 216 000	9 078 000	9 038 000	385 000
Total Equity	5 229 000	5 235 000	5 184 000	83 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 957 000	3 823 000	3 850 000	302 000
Creditors	27 000	4 000	4 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	0	0	0
Total Current Debt	29 000	20 000	4 000	0
Total Equity and Debt	9 216 000	9 078 000	9 038 000	385 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,11 %	0,97 %	0,42 %	−6,02 %
Debt-to-Equity Ratio	0,76	0,73	0,74	3,64
Operating Profit Margin	47,79 %	55,25 %	51,76 %	-
Current Ratio	25,07	36,35	144,25	-
Quick Ratio	25,07	36,35	144,25	-
Equity Ratio	0,57	0,58	0,57	0,22
Gross Profit Margin	97,43 %	98,05 %	97,65 %	-