HOVIN FLEIRBRUKSHUS AS

3652 HOVIN I TELEMARK

Finances

Share Ownership

Return on Equity

3,25 %

Current Ratio

2,41

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	280 000	243 000	246 000	240 000
Net Income	55 000	−3 000	52 000	−210 000
Total Assets	1 932 000	1 942 000	2 047 000	2 310 000
Total Equity	1 690 000	1 635 000	1 638 000	1 586 000

Income (NOK)	2022	2021	2020	2019
Revenue	280 000	243 000	246 000	240 000
Expenditure	219 000	241 000	188 000	439 000
Operating Profit	62 000	2 000	58 000	−200 000
Financial Income	2 000	2 000	3 000	3 000
Financial Costs	8 000	6 000	9 000	13 000
Financial Balance	−6 000	−4 000	−6 000	−10 000
Earnings Before Tax	55 000	−3 000	52 000	−210 000
Tax	0	0	0	0
Net Income	55 000	−3 000	52 000	−210 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 679 000	1 768 000	1 857 000	1 947 000
Total Current Assets	253 000	174 000	190 000	364 000
Total Assets	1 932 000	1 942 000	2 047 000	2 310 000
Total Retained Equity	−35 000	−90 000	−87 000	−139 000
Total Equity	1 690 000	1 635 000	1 638 000	1 586 000
Total Long-Term Debt	137 000	190 000	244 000	298 000
Total Current Debt	105 000	117 000	165 000	427 000
Total Equity and Debt	1 932 000	1 942 000	2 047 000	2 310 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	280 000	243 000	246 000	240 000
Revenue	280 000	243 000	246 000	240 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	89 000	89 000	89 000	82 000
Impairment	0	0	0	0
Expenditure	219 000	241 000	188 000	439 000
Operating Profit	62 000	2 000	58 000	−200 000
Financial Income	2 000	2 000	3 000	3 000
Financial Costs	8 000	6 000	9 000	13 000
Financial Balance	−6 000	−4 000	−6 000	−10 000
Dividends	0	0	0	0
Net Income	55 000	−3 000	52 000	−210 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 575 000	1 643 000	1 710 000	1 778 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	104 000	125 000	147 000	169 000
Total Tangible Assets	1 679 000	1 768 000	1 857 000	1 947 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 679 000	1 768 000	1 857 000	1 947 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	230 000	160 000	176 000	77 000
Total Current Assets	253 000	174 000	190 000	364 000
Total Assets	1 932 000	1 942 000	2 047 000	2 310 000
Total Equity	1 690 000	1 635 000	1 638 000	1 586 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	137 000	190 000	244 000	298 000
Creditors	0	7 000	3 000	272 000
Unpaid Taxes	37 000	19 000	40 000	0
Dividends	0	0	0	0
Other Current Debt	69 000	91 000	123 000	155 000
Total Current Debt	105 000	117 000	165 000	427 000
Total Equity and Debt	1 932 000	1 942 000	2 047 000	2 310 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,25 %	−0,18 %	3,17 %	−13,24 %
Debt-to-Equity Ratio	0,08	0,12	0,15	0,19
Operating Profit Margin	22,14 %	0,82 %	23,58 %	−83,33 %
Current Ratio	2,41	1,49	1,15	0,85
Quick Ratio	2,41	1,49	1,15	0,85
Equity Ratio	0,87	0,84	0,8	0,69
Gross Profit Margin	100 %	100 %	100 %	100 %