HOVLAND ALLE BORETTSLAG

3256 LARVIK

Finances

Share Ownership

Return on Equity

13,33 %

Current Ratio

48,6

Debt-to-Equity Ratio

3,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 493 000	1 426 000	1 417 000	1 425 000
Net Income	826 000	708 000	734 000	546 000
Total Assets	26 346 000	26 315 000	26 314 000	26 223 000
Total Equity	6 195 000	5 369 000	4 661 000	3 928 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 493 000	1 426 000	1 417 000	1 425 000
Expenditure	436 000	524 000	423 000	520 000
Operating Profit	937 000	786 000	884 000	798 000
Financial Income	0	0	1 000	2 000
Financial Costs	111 000	79 000	150 000	253 000
Financial Balance	−111 000	−79 000	−149 000	−251 000
Earnings Before Tax	947 000	824 000	845 000	654 000
Tax	0	0	0	0
Net Income	826 000	708 000	734 000	546 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 103 000	26 103 000	26 103 000	26 103 000
Total Current Assets	243 000	213 000	211 000	121 000
Total Assets	26 346 000	26 315 000	26 314 000	26 223 000
Total Retained Equity	6 193 000	5 367 000	4 660 000	3 926 000
Total Equity	6 195 000	5 369 000	4 661 000	3 928 000
Total Long-Term Debt	20 146 000	20 862 000	21 602 000	22 293 000
Total Current Debt	5 000	85 000	50 000	3 000
Total Equity and Debt	26 346 000	26 315 000	26 314 000	26 223 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 493 000	1 426 000	1 417 000	1 425 000
Other Income	0	0	0	0
Revenue	1 493 000	1 426 000	1 417 000	1 425 000
Cost of Goods Sold	0	0	0	0
Salary Costs	14 000	14 000	14 000	19 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	436 000	524 000	423 000	520 000
Operating Profit	937 000	786 000	884 000	798 000
Financial Income	0	0	1 000	2 000
Financial Costs	111 000	79 000	150 000	253 000
Financial Balance	−111 000	−79 000	−149 000	−251 000
Dividends	0	0	0	0
Net Income	826 000	708 000	734 000	546 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	26 103 000	26 103 000	26 103 000	26 103 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	26 103 000	26 103 000	26 103 000	26 103 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	26 103 000	26 103 000	26 103 000	26 103 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	243 000	213 000	211 000	121 000
Total Current Assets	243 000	213 000	211 000	121 000
Total Assets	26 346 000	26 315 000	26 314 000	26 223 000
Total Equity	6 195 000	5 369 000	4 661 000	3 928 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 146 000	20 862 000	21 602 000	22 293 000
Creditors	0	82 000	45 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 000	3 000	5 000	3 000
Total Current Debt	5 000	85 000	50 000	3 000
Total Equity and Debt	26 346 000	26 315 000	26 314 000	26 223 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,33 %	13,19 %	15,75 %	13,9 %
Debt-to-Equity Ratio	3,25	3,89	4,63	5,68
Operating Profit Margin	62,76 %	55,12 %	62,39 %	56 %
Current Ratio	48,6	2,51	4,22	40,33
Quick Ratio	48,6	2,51	4,22	40,33
Equity Ratio	0,24	0,2	0,18	0,15
Gross Profit Margin	100 %	100 %	100 %	100 %