HOVE DRIFTS- OG UTVIKLINGSSELSKAP AS

4818 FÆRVIK

Finances

Return on Equity

−4,35 %

Current Ratio

3,49

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 213 000	8 067 000	3 981 000	6 926 000
Net Income	−396 000	591 000	−2 205 000	−2 139 000
Total Assets	10 520 000	10 358 000	10 405 000	12 723 000
Total Equity	9 097 000	9 492 000	8 901 000	11 106 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 213 000	8 067 000	3 981 000	6 926 000
Expenditure	10 247 000	7 823 000	6 874 000	9 815 000
Operating Profit	−1 035 000	245 000	−2 891 000	−2 889 000
Financial Income	523 000	513 000	60 000	187 000
Financial Costs	4 000	5 000	3 000	72 000
Financial Balance	519 000	508 000	57 000	115 000
Earnings Before Tax	−516 000	753 000	−2 835 000	−2 774 000
Tax	−121 000	161 000	−629 000	−635 000
Net Income	−396 000	591 000	−2 205 000	−2 139 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 788 000	6 487 000	7 716 000	7 894 000
Total Current Assets	4 731 000	3 870 000	2 690 000	4 829 000
Total Assets	10 520 000	10 358 000	10 405 000	12 723 000
Total Retained Equity	−5 013 000	−4 618 000	−5 209 000	−3 004 000
Total Equity	9 097 000	9 492 000	8 901 000	11 106 000
Total Long-Term Debt	69 000	95 000	121 000	0
Total Current Debt	1 354 000	771 000	1 384 000	1 617 000
Total Equity and Debt	10 520 000	10 358 000	10 405 000	12 723 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 104 000	6 708 000	3 781 000	6 926 000
Other Income	109 000	1 359 000	200 000	0
Revenue	9 213 000	8 067 000	3 981 000	6 926 000
Cost of Goods Sold	629 000	189 000	8 000	148 000
Salary Costs	4 163 000	3 527 000	3 037 000	4 644 000
Depreciation	899 000	1 067 000	1 262 000	1 277 000
Impairment	0	0	0	0
Expenditure	10 247 000	7 823 000	6 874 000	9 815 000
Operating Profit	−1 035 000	245 000	−2 891 000	−2 889 000
Financial Income	523 000	513 000	60 000	187 000
Financial Costs	4 000	5 000	3 000	72 000
Financial Balance	519 000	508 000	57 000	115 000
Dividends	0	0	0	0
Net Income	−396 000	591 000	−2 205 000	−2 139 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 299 000	2 179 000	2 340 000	1 711 000
Real Eastate	2 411 000	3 069 000	3 883 000	4 653 000
Machinery and Plant Facilities	117 000	176 000	267 000	162 000
Fixtures	312 000	415 000	577 000	719 000
Total Tangible Assets	2 840 000	3 659 000	4 727 000	5 534 000
Total Fiancial Fixed Assets	649 000	649 000	649 000	649 000
Total Fixed Assets	5 788 000	6 487 000	7 716 000	7 894 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 088 000	2 732 000	1 811 000	3 672 000
Total Current Assets	4 731 000	3 870 000	2 690 000	4 829 000
Total Assets	10 520 000	10 358 000	10 405 000	12 723 000
Total Equity	9 097 000	9 492 000	8 901 000	11 106 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	69 000	95 000	121 000	0
Creditors	341 000	171 000	327 000	387 000
Unpaid Taxes	251 000	218 000	85 000	303 000
Dividends	0	0	0	0
Other Current Debt	762 000	382 000	972 000	927 000
Total Current Debt	1 354 000	771 000	1 384 000	1 617 000
Total Equity and Debt	10 520 000	10 358 000	10 405 000	12 723 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,35 %	6,23 %	−24,77 %	−19,26 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0
Operating Profit Margin	−11,23 %	3,04 %	−72,62 %	−41,71 %
Current Ratio	3,49	5,02	1,94	2,99
Quick Ratio	3,49	5,02	1,94	2,99
Equity Ratio	0,86	0,92	0,86	0,87
Gross Profit Margin	93,17 %	97,66 %	99,8 %	97,86 %