HOVDAN EIENDOM AS

8372 GRAVDAL

Finances

Share Ownership

Return on Equity

38,68 %

Current Ratio

0,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 708 000	1 656 000	1 549 000	1 674 000
Net Income	1 557 000	744 000	676 000	643 000
Total Assets	4 564 000	8 134 000	7 638 000	9 621 000
Total Equity	4 025 000	5 568 000	4 824 000	4 166 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 708 000	1 656 000	1 549 000	1 674 000
Expenditure	793 000	693 000	663 000	809 000
Operating Profit	1 915 000	964 000	885 000	865 000
Financial Income	9 000	2 000	6 000	2 000
Financial Costs	3 000	5 000	17 000	28 000
Financial Balance	6 000	−3 000	−11 000	−26 000
Earnings Before Tax	1 921 000	961 000	874 000	839 000
Tax	365 000	218 000	198 000	196 000
Net Income	1 557 000	744 000	676 000	643 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 182 000	5 072 000	5 433 000	5 654 000
Total Current Assets	382 000	3 062 000	2 204 000	3 967 000
Total Assets	4 564 000	8 134 000	7 638 000	9 621 000
Total Retained Equity	3 925 000	5 468 000	4 724 000	4 066 000
Total Equity	4 025 000	5 568 000	4 824 000	4 166 000
Total Long-Term Debt	0	2 190 000	2 243 000	5 290 000
Total Current Debt	539 000	376 000	570 000	165 000
Total Equity and Debt	4 564 000	8 134 000	7 638 000	9 621 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	25 000	0	19 000
Other Income	2 708 000	1 631 000	1 549 000	1 655 000
Revenue	2 708 000	1 656 000	1 549 000	1 674 000
Cost of Goods Sold	0	0	0	0
Salary Costs	26 000	37 000	23 000	30 000
Depreciation	469 000	466 000	454 000	454 000
Impairment	0	0	0	0
Expenditure	793 000	693 000	663 000	809 000
Operating Profit	1 915 000	964 000	885 000	865 000
Financial Income	9 000	2 000	6 000	2 000
Financial Costs	3 000	5 000	17 000	28 000
Financial Balance	6 000	−3 000	−11 000	−26 000
Dividends	0	0	0	0
Net Income	1 557 000	744 000	676 000	643 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	65 000	3 000	0	0
Real Eastate	4 118 000	5 069 000	5 433 000	5 654 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 118 000	5 069 000	5 433 000	5 654 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 182 000	5 072 000	5 433 000	5 654 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	336 000	3 052 000	2 196 000	3 907 000
Total Current Assets	382 000	3 062 000	2 204 000	3 967 000
Total Assets	4 564 000	8 134 000	7 638 000	9 621 000
Total Equity	4 025 000	5 568 000	4 824 000	4 166 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 190 000	2 243 000	5 290 000
Creditors	17 000	7 000	1 000	0
Unpaid Taxes	1 000	1 000	50 000	6 000
Dividends	0	0	0	0
Other Current Debt	95 000	92 000	269 000	156 000
Total Current Debt	539 000	376 000	570 000	165 000
Total Equity and Debt	4 564 000	8 134 000	7 638 000	9 621 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,68 %	13,36 %	14,01 %	15,43 %
Debt-to-Equity Ratio	0	0,39	0,46	1,27
Operating Profit Margin	70,72 %	58,21 %	57,13 %	51,67 %
Current Ratio	0,71	8,14	3,87	24,04
Quick Ratio	0,71	8,14	3,87	24,04
Equity Ratio	0,88	0,68	0,63	0,43
Gross Profit Margin	100 %	100 %	100 %	100 %