HOVDEHYTTA AS

4878 GRIMSTAD

Finances

Share Ownership

Return on Equity

−86,02 %

Current Ratio

9,76

Debt-to-Equity Ratio

23,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 015 000	3 735 000	6 197 000	3 495 000
Net Income	−966 000	256 000	1 900 000	−1 246 000
Total Assets	28 808 000	29 182 000	29 250 000	32 620 000
Total Equity	1 123 000	2 089 000	1 833 000	−67 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 015 000	3 735 000	6 197 000	3 495 000
Expenditure	2 773 000	2 677 000	3 242 000	3 463 000
Operating Profit	241 000	1 058 000	2 955 000	31 000
Financial Income	0	0	2 000	1 000
Financial Costs	1 208 000	802 000	1 058 000	1 278 000
Financial Balance	−1 208 000	−802 000	−1 056 000	−1 277 000
Earnings Before Tax	−966 000	256 000	1 900 000	−1 246 000
Tax	0	0	0	0
Net Income	−966 000	256 000	1 900 000	−1 246 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 597 000	16 667 000	19 087 000	22 060 000
Total Current Assets	13 211 000	12 515 000	10 163 000	10 560 000
Total Assets	28 808 000	29 182 000	29 250 000	32 620 000
Total Retained Equity	923 000	1 889 000	1 633 000	−267 000
Total Equity	1 123 000	2 089 000	1 833 000	−67 000
Total Long-Term Debt	26 331 000	26 483 000	26 706 000	29 403 000
Total Current Debt	1 354 000	609 000	711 000	3 284 000
Total Equity and Debt	28 808 000	29 182 000	29 250 000	32 620 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 015 000	2 506 000	3 263 000	98 000
Other Income	0	1 229 000	2 934 000	3 396 000
Revenue	3 015 000	3 735 000	6 197 000	3 495 000
Cost of Goods Sold	0	0	0	9 000
Salary Costs	0	0	149 000	0
Depreciation	1 317 000	1 540 000	1 608 000	1 721 000
Impairment	0	0	0	0
Expenditure	2 773 000	2 677 000	3 242 000	3 463 000
Operating Profit	241 000	1 058 000	2 955 000	31 000
Financial Income	0	0	2 000	1 000
Financial Costs	1 208 000	802 000	1 058 000	1 278 000
Financial Balance	−1 208 000	−802 000	−1 056 000	−1 277 000
Dividends	0	0	0	0
Net Income	−966 000	256 000	1 900 000	−1 246 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 481 000	16 399 000	18 667 000	21 488 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	116 000	268 000	420 000	572 000
Total Tangible Assets	15 597 000	16 667 000	19 087 000	22 060 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 597 000	16 667 000	19 087 000	22 060 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	155 000	7 000	216 000	0
Total Current Assets	13 211 000	12 515 000	10 163 000	10 560 000
Total Assets	28 808 000	29 182 000	29 250 000	32 620 000
Total Equity	1 123 000	2 089 000	1 833 000	−67 000
Short-Term Group Debt	0	0	0	2 246 000
Total Long-Term Debt	26 331 000	26 483 000	26 706 000	29 403 000
Creditors	512 000	323 000	397 000	501 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	842 000	287 000	314 000	537 000
Total Current Debt	1 354 000	609 000	711 000	3 284 000
Total Equity and Debt	28 808 000	29 182 000	29 250 000	32 620 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−86,02 %	12,25 %	103,66 %	1 859,7 %
Debt-to-Equity Ratio	23,45	12,68	14,57	−438,85
Operating Profit Margin	7,99 %	28,33 %	47,68 %	0,89 %
Current Ratio	9,76	20,55	14,29	3,22
Quick Ratio	9,76	20,55	14,29	3,22
Equity Ratio	0,04	0,07	0,06	−0
Gross Profit Margin	100 %	100 %	100 %	99,74 %