HOVEVEIEN UTBYGGINGSSELSKAP AS

4353 KLEPP STASJON

Finances

Share Ownership

Return on Equity

5,88 %

Current Ratio

0,69

Debt-to-Equity Ratio

−1,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 842 000	2 434 000	2 412 000	2 311 000
Net Income	−2 142 000	−1 218 000	−633 000	−854 000
Total Assets	25 010 000	25 108 000	25 394 000	25 098 000
Total Equity	−36 437 000	−34 295 000	−33 077 000	−32 444 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 842 000	2 434 000	2 412 000	2 311 000
Expenditure	1 241 000	1 791 000	999 000	1 000 000
Operating Profit	602 000	644 000	1 413 000	1 312 000
Financial Income	10 000	10 000	10 000	11 000
Financial Costs	2 753 000	1 872 000	2 056 000	2 177 000
Financial Balance	−2 743 000	−1 862 000	−2 046 000	−2 166 000
Earnings Before Tax	−2 142 000	−1 218 000	−633 000	−854 000
Tax	0	0	0	0
Net Income	−2 142 000	−1 218 000	−633 000	−854 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 497 000	24 224 000	24 333 000	24 375 000
Total Current Assets	513 000	884 000	1 061 000	723 000
Total Assets	25 010 000	25 108 000	25 394 000	25 098 000
Total Retained Equity	−36 938 000	−34 796 000	−33 578 000	−32 945 000
Total Equity	−36 437 000	−34 295 000	−33 077 000	−32 444 000
Total Long-Term Debt	60 700 000	58 963 000	58 136 000	28 500 000
Total Current Debt	747 000	440 000	335 000	29 043 000
Total Equity and Debt	25 010 000	25 108 000	25 394 000	25 098 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 842 000	2 434 000	2 412 000	2 311 000
Revenue	1 842 000	2 434 000	2 412 000	2 311 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	316 000	332 000	336 000	336 000
Impairment	0	0	0	0
Expenditure	1 241 000	1 791 000	999 000	1 000 000
Operating Profit	602 000	644 000	1 413 000	1 312 000
Financial Income	10 000	10 000	10 000	11 000
Financial Costs	2 753 000	1 872 000	2 056 000	2 177 000
Financial Balance	−2 743 000	−1 862 000	−2 046 000	−2 166 000
Dividends	0	0	0	0
Net Income	−2 142 000	−1 218 000	−633 000	−854 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	24 497 000	24 208 000	24 285 000	24 292 000
Machinery and Plant Facilities	0	16 000	48 000	84 000
Fixtures	0	0	0	0
Total Tangible Assets	24 497 000	24 224 000	24 333 000	24 375 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	24 497 000	24 224 000	24 333 000	24 375 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	190 000	851 000	1 061 000	723 000
Total Current Assets	513 000	884 000	1 061 000	723 000
Total Assets	25 010 000	25 108 000	25 394 000	25 098 000
Total Equity	−36 437 000	−34 295 000	−33 077 000	−32 444 000
Short-Term Group Debt	0	0	0	28 560 000
Total Long-Term Debt	60 700 000	58 963 000	58 136 000	28 500 000
Creditors	0	0	0	145 000
Unpaid Taxes	0	50 000	63 000	44 000
Dividends	0	0	0	0
Other Current Debt	747 000	390 000	272 000	294 000
Total Current Debt	747 000	440 000	335 000	29 043 000
Total Equity and Debt	25 010 000	25 108 000	25 394 000	25 098 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,88 %	3,55 %	1,91 %	2,63 %
Debt-to-Equity Ratio	−1,67	−1,72	−1,76	−0,88
Operating Profit Margin	32,68 %	26,46 %	58,58 %	56,77 %
Current Ratio	0,69	2,01	3,17	0,02
Quick Ratio	0,69	2,01	3,17	0,02
Equity Ratio	−1,46	−1,37	−1,3	−1,29
Gross Profit Margin	100 %	100 %	100 %	100 %