VIK OG HOVLAND AS

5396 VESTRE VINNESVÅG

Finances

Return on Equity

20,75 %

Current Ratio

0,08

Debt-to-Equity Ratio

0,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	77 000	610 000	7 440 000
Net Income	110 000	154 000	−132 000	−1 925 000
Total Assets	3 153 000	3 183 000	3 399 000	3 484 000
Total Equity	530 000	420 000	265 000	397 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	77 000	610 000	7 440 000
Expenditure	80 000	115 000	897 000	9 094 000
Operating Profit	−80 000	−39 000	−288 000	−1 655 000
Financial Income	231 000	233 000	238 000	277 000
Financial Costs	41 000	40 000	82 000	71 000
Financial Balance	190 000	193 000	156 000	206 000
Earnings Before Tax	110 000	154 000	−132 000	−1 449 000
Tax	0	0	0	476 000
Net Income	110 000	154 000	−132 000	−1 925 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 971 000	3 001 000	3 061 000	3 098 000
Total Current Assets	182 000	182 000	338 000	386 000
Total Assets	3 153 000	3 183 000	3 399 000	3 484 000
Total Retained Equity	−420 000	−530 000	−685 000	−553 000
Total Equity	530 000	420 000	265 000	397 000
Total Long-Term Debt	278 000	513 000	762 000	998 000
Total Current Debt	2 345 000	2 250 000	2 372 000	2 089 000
Total Equity and Debt	3 153 000	3 183 000	3 399 000	3 484 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	77 000	610 000	7 440 000
Other Income	0	0	0	0
Revenue	0	77 000	610 000	7 440 000
Cost of Goods Sold	0	49 000	113 000	5 358 000
Salary Costs	0	0	604 000	2 838 000
Depreciation	30 000	60 000	37 000	46 000
Impairment	0	0	0	0
Expenditure	80 000	115 000	897 000	9 094 000
Operating Profit	−80 000	−39 000	−288 000	−1 655 000
Financial Income	231 000	233 000	238 000	277 000
Financial Costs	41 000	40 000	82 000	71 000
Financial Balance	190 000	193 000	156 000	206 000
Dividends	0	0	0	0
Net Income	110 000	154 000	−132 000	−1 925 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 315 000	2 315 000	2 315 000	2 315 000
Machinery and Plant Facilities	0	0	0	51 000
Fixtures	0	30 000	90 000	76 000
Total Tangible Assets	2 315 000	2 345 000	2 406 000	2 443 000
Total Fiancial Fixed Assets	655 000	655 000	655 000	655 000
Total Fixed Assets	2 971 000	3 001 000	3 061 000	3 098 000
Stock	0	0	20 000	20 000
Total Investments	0	0	0	0
Cash, Bank	2 000	2 000	2 000	211 000
Total Current Assets	182 000	182 000	338 000	386 000
Total Assets	3 153 000	3 183 000	3 399 000	3 484 000
Total Equity	530 000	420 000	265 000	397 000
Short-Term Group Debt	2 000	9 000	16 000	24 000
Total Long-Term Debt	278 000	513 000	762 000	998 000
Creditors	12 000	31 000	36 000	12 000
Unpaid Taxes	0	44 000	5 000	787 000
Dividends	0	0	0	0
Other Current Debt	2 280 000	2 096 000	2 252 000	1 266 000
Total Current Debt	2 345 000	2 250 000	2 372 000	2 089 000
Total Equity and Debt	3 153 000	3 183 000	3 399 000	3 484 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,75 %	36,67 %	−49,81 %	−484,89 %
Debt-to-Equity Ratio	0,52	1,22	2,88	2,51
Operating Profit Margin	-	−50,65 %	−47,21 %	−22,24 %
Current Ratio	0,08	0,08	0,14	0,18
Quick Ratio	0,08	0,08	0,14	0,19
Equity Ratio	0,17	0,13	0,08	0,11
Gross Profit Margin	-	36,36 %	81,48 %	27,98 %