HØVIK AS

3413 LIER

Finances

Return on Equity

25,86 %

Current Ratio

35,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 281 000	1 677 000	2 424 000	3 185 000
Net Income	2 939 000	568 000	250 000	601 000
Total Assets	11 660 000	8 033 000	7 121 000	6 995 000
Total Equity	11 367 000	7 597 000	6 754 000	6 301 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 281 000	1 677 000	2 424 000	3 185 000
Expenditure	2 594 000	2 072 000	2 758 000	3 311 000
Operating Profit	−1 313 000	−396 000	−334 000	−126 000
Financial Income	4 017 000	886 000	527 000	729 000
Financial Costs	0	0	0	0
Financial Balance	4 017 000	886 000	527 000	729 000
Earnings Before Tax	2 704 000	491 000	193 000	603 000
Tax	−234 000	−78 000	−57 000	2 000
Net Income	2 939 000	568 000	250 000	601 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 228 000	1 356 000	1 397 000	1 361 000
Total Current Assets	10 432 000	6 677 000	5 724 000	5 634 000
Total Assets	11 660 000	8 033 000	7 121 000	6 995 000
Total Retained Equity	9 559 000	6 621 000	6 052 000	5 802 000
Total Equity	11 367 000	7 597 000	6 754 000	6 301 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	293 000	436 000	367 000	694 000
Total Equity and Debt	11 660 000	8 033 000	7 121 000	6 995 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 281 000	1 677 000	2 424 000	3 185 000
Revenue	1 281 000	1 677 000	2 424 000	3 185 000
Cost of Goods Sold	90 000	107 000	119 000	111 000
Salary Costs	1 825 000	1 619 000	2 003 000	2 368 000
Depreciation	26 000	41 000	27 000	36 000
Impairment	0	0	0	0
Expenditure	2 594 000	2 072 000	2 758 000	3 311 000
Operating Profit	−1 313 000	−396 000	−334 000	−126 000
Financial Income	4 017 000	886 000	527 000	729 000
Financial Costs	0	0	0	0
Financial Balance	4 017 000	886 000	527 000	729 000
Dividends	0	0	0	0
Net Income	2 939 000	568 000	250 000	601 000

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	0
Fixtures	98 000	72 000	113 000	77 000
Total Tangible Assets	98 000	72 000	113 000	77 000
Total Fiancial Fixed Assets	1 130 000	1 284 000	1 284 000	1 284 000
Total Fixed Assets	1 228 000	1 356 000	1 397 000	1 361 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	763 000	157 000	499 000	1 252 000
Total Current Assets	10 432 000	6 677 000	5 724 000	5 634 000
Total Assets	11 660 000	8 033 000	7 121 000	6 995 000
Total Equity	11 367 000	7 597 000	6 754 000	6 301 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	25 000	19 000	39 000	0
Unpaid Taxes	101 000	267 000	144 000	468 000
Dividends	0	0	0	0
Other Current Debt	167 000	150 000	185 000	226 000
Total Current Debt	293 000	436 000	367 000	694 000
Total Equity and Debt	11 660 000	8 033 000	7 121 000	6 995 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,86 %	7,48 %	3,7 %	9,54 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−102,5 %	−23,61 %	−13,78 %	−3,96 %
Current Ratio	35,6	15,31	15,6	8,12
Quick Ratio	35,6	15,31	15,6	8,12
Equity Ratio	0,97	0,95	0,95	0,9
Gross Profit Margin	92,97 %	93,62 %	95,09 %	96,51 %