HOVDEN RØRLEGGERSERVICE EIENDOM AS

4755 HOVDEN I SETESDAL

Finances

Share Ownership

Return on Equity

4,36 %

Current Ratio

18,61

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	661 000	661 000	625 000	588 000
Net Income	268 000	304 000	337 000	296 000
Total Assets	6 606 000	6 345 000	6 019 000	5 717 000
Total Equity	6 151 000	5 883 000	5 579 000	5 242 000

Income (NOK)	2022	2021	2020	2019
Revenue	661 000	661 000	625 000	588 000
Expenditure	316 000	271 000	194 000	211 000
Operating Profit	344 000	390 000	431 000	377 000
Financial Income	0	0	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	2 000
Earnings Before Tax	344 000	390 000	432 000	379 000
Tax	76 000	86 000	95 000	83 000
Net Income	268 000	304 000	337 000	296 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 075 000	4 146 000	4 217 000	4 295 000
Total Current Assets	2 531 000	2 199 000	1 802 000	1 423 000
Total Assets	6 606 000	6 345 000	6 019 000	5 717 000
Total Retained Equity	5 351 000	5 083 000	4 779 000	4 442 000
Total Equity	6 151 000	5 883 000	5 579 000	5 242 000
Total Long-Term Debt	318 000	317 000	315 000	312 000
Total Current Debt	136 000	145 000	125 000	163 000
Total Equity and Debt	6 606 000	6 345 000	6 019 000	5 717 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	234 000	222 000	222 000	222 000
Other Income	427 000	439 000	403 000	366 000
Revenue	661 000	661 000	625 000	588 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	71 000	71 000	77 000	64 000
Impairment	0	0	0	0
Expenditure	316 000	271 000	194 000	211 000
Operating Profit	344 000	390 000	431 000	377 000
Financial Income	0	0	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	2 000
Dividends	0	0	0	0
Net Income	268 000	304 000	337 000	296 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 075 000	4 146 000	4 217 000	4 295 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 075 000	4 146 000	4 217 000	4 295 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 075 000	4 146 000	4 217 000	4 295 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 494 000	2 137 000	1 768 000	1 403 000
Total Current Assets	2 531 000	2 199 000	1 802 000	1 423 000
Total Assets	6 606 000	6 345 000	6 019 000	5 717 000
Total Equity	6 151 000	5 883 000	5 579 000	5 242 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	318 000	317 000	315 000	312 000
Creditors	58 000	55 000	26 000	84 000
Unpaid Taxes	4 000	6 000	7 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	136 000	145 000	125 000	163 000
Total Equity and Debt	6 606 000	6 345 000	6 019 000	5 717 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,36 %	5,17 %	6,04 %	5,65 %
Debt-to-Equity Ratio	0,05	0,05	0,06	0,06
Operating Profit Margin	52,04 %	59 %	68,96 %	64,12 %
Current Ratio	18,61	15,17	14,42	8,73
Quick Ratio	18,61	15,17	14,42	8,73
Equity Ratio	0,93	0,93	0,93	0,92
Gross Profit Margin	100 %	100 %	100 %	100 %