HOVLAND INVEST BERNADAGOLF AS

3340 ÅMOT

Finances

Share Ownership

Return on Equity

−39,71 %

Current Ratio

2,33

Debt-to-Equity Ratio

5,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 000	42 000	42 000	42 000
Net Income	−135 000	−25 000	−17 000	15 000
Total Assets	2 182 000	2 110 000	2 067 000	2 012 000
Total Equity	340 000	232 000	176 000	155 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 000	42 000	42 000	42 000
Expenditure	275 000	40 000	30 000	23 000
Operating Profit	−244 000	2 000	12 000	19 000
Financial Income	185 000	0	0	0
Financial Costs	9 000	35 000	34 000	0
Financial Balance	176 000	−35 000	−34 000	0
Earnings Before Tax	−68 000	−32 000	−22 000	19 000
Tax	67 000	−7 000	−5 000	4 000
Net Income	−135 000	−25 000	−17 000	15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 891 000	1 959 000	1 975 000	1 980 000
Total Current Assets	291 000	151 000	92 000	31 000
Total Assets	2 182 000	2 110 000	2 067 000	2 012 000
Total Retained Equity	108 000	0	−802 000	−823 000
Total Equity	340 000	232 000	176 000	155 000
Total Long-Term Debt	1 717 000	1 712 000	1 727 000	1 693 000
Total Current Debt	125 000	166 000	164 000	164 000
Total Equity and Debt	2 182 000	2 110 000	2 067 000	2 012 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 000	0	0	0
Other Income	0	42 000	42 000	42 000
Revenue	32 000	42 000	42 000	42 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	275 000	40 000	30 000	23 000
Operating Profit	−244 000	2 000	12 000	19 000
Financial Income	185 000	0	0	0
Financial Costs	9 000	35 000	34 000	0
Financial Balance	176 000	−35 000	−34 000	0
Dividends	0	0	0	0
Net Income	−135 000	−25 000	−17 000	15 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 000	82 000	98 000	104 000
Real Eastate	1 876 000	1 876 000	1 876 000	1 876 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 876 000	1 876 000	1 876 000	1 876 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 891 000	1 959 000	1 975 000	1 980 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	47 000	43 000	31 000
Total Current Assets	291 000	151 000	92 000	31 000
Total Assets	2 182 000	2 110 000	2 067 000	2 012 000
Total Equity	340 000	232 000	176 000	155 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 717 000	1 712 000	1 727 000	1 693 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	125 000	166 000	164 000	164 000
Total Current Debt	125 000	166 000	164 000	164 000
Total Equity and Debt	2 182 000	2 110 000	2 067 000	2 012 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−39,71 %	−10,78 %	−9,66 %	9,68 %
Debt-to-Equity Ratio	5,05	7,38	9,81	10,92
Operating Profit Margin	−762,5 %	4,76 %	28,57 %	45,24 %
Current Ratio	2,33	0,91	0,56	0,19
Quick Ratio	2,33	0,91	0,56	0,19
Equity Ratio	0,16	0,11	0,09	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %