HOVEMOEN EIENDOM AS

2624 LILLEHAMMER

Finances

Share Ownership

Return on Equity

15,35 %

Current Ratio

20,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	344 000	350 000	326 000	357 000
Net Income	197 000	197 000	104 000	132 000
Total Assets	1 346 000	1 155 000	954 000	851 000
Total Equity	1 283 000	1 086 000	889 000	785 000

Income (NOK)	2022	2021	2020	2019
Revenue	344 000	350 000	326 000	357 000
Expenditure	99 000	98 000	192 000	182 000
Operating Profit	245 000	253 000	134 000	176 000
Financial Income	9 000	0	0	2 000
Financial Costs	0	0	1 000	4 000
Financial Balance	9 000	0	−1 000	−2 000
Earnings Before Tax	254 000	253 000	133 000	173 000
Tax	56 000	56 000	29 000	41 000
Net Income	197 000	197 000	104 000	132 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	74 000	77 000	80 000	87 000
Total Current Assets	1 272 000	1 078 000	874 000	764 000
Total Assets	1 346 000	1 155 000	954 000	851 000
Total Retained Equity	1 183 000	986 000	789 000	685 000
Total Equity	1 283 000	1 086 000	889 000	785 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	63 000	69 000	65 000	66 000
Total Equity and Debt	1 346 000	1 155 000	954 000	851 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 000	14 000	326 000	357 000
Other Income	331 000	336 000	0	0
Revenue	344 000	350 000	326 000	357 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	81 000
Impairment	0	0	0	0
Expenditure	99 000	98 000	192 000	182 000
Operating Profit	245 000	253 000	134 000	176 000
Financial Income	9 000	0	0	2 000
Financial Costs	0	0	1 000	4 000
Financial Balance	9 000	0	−1 000	−2 000
Dividends	0	0	0	0
Net Income	197 000	197 000	104 000	132 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	74 000	77 000	80 000	87 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	74 000	77 000	80 000	87 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 233 000	1 078 000	836 000	624 000
Total Current Assets	1 272 000	1 078 000	874 000	764 000
Total Assets	1 346 000	1 155 000	954 000	851 000
Total Equity	1 283 000	1 086 000	889 000	785 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	13 000	0
Unpaid Taxes	10 000	17 000	0	18 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	63 000	69 000	65 000	66 000
Total Equity and Debt	1 346 000	1 155 000	954 000	851 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,35 %	18,14 %	11,7 %	16,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	71,22 %	72,29 %	41,1 %	49,3 %
Current Ratio	20,19	15,62	13,45	11,58
Quick Ratio	20,19	15,62	13,45	11,58
Equity Ratio	0,95	0,94	0,93	0,92
Gross Profit Margin	100 %	100 %	100 %	100 %