HOVDEGREND AS

4755 HOVDEN I SETESDAL

Finances

Share Ownership

Return on Equity

−400 %

Current Ratio

1,55

Debt-to-Equity Ratio

−19,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	816 000	−226 000	−157 000	−187 000
Total Assets	10 458 000	9 381 000	9 432 000	9 437 000
Total Equity	−204 000	−1 021 000	−795 000	−638 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	27 000	15 000	19 000	18 000
Operating Profit	−27 000	−15 000	−19 000	−18 000
Financial Income	1 074 000	0	0	0
Financial Costs	231 000	211 000	138 000	169 000
Financial Balance	843 000	−211 000	−138 000	−169 000
Earnings Before Tax	816 000	−226 000	−157 000	−187 000
Tax	0	0	0	0
Net Income	816 000	−226 000	−157 000	−187 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	50 000	50 000
Total Current Assets	10 458 000	9 381 000	9 382 000	9 387 000
Total Assets	10 458 000	9 381 000	9 432 000	9 437 000
Total Retained Equity	−292 000	−1 108 000	−882 000	−725 000
Total Equity	−204 000	−1 021 000	−795 000	−638 000
Total Long-Term Debt	3 924 000	3 924 000	3 924 000	3 924 000
Total Current Debt	6 738 000	6 478 000	6 303 000	6 151 000
Total Equity and Debt	10 458 000	9 381 000	9 432 000	9 437 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	27 000	15 000	19 000	18 000
Operating Profit	−27 000	−15 000	−19 000	−18 000
Financial Income	1 074 000	0	0	0
Financial Costs	231 000	211 000	138 000	169 000
Financial Balance	843 000	−211 000	−138 000	−169 000
Dividends	0	0	0	0
Net Income	816 000	−226 000	−157 000	−187 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	50 000	50 000
Total Fixed Assets	0	0	50 000	50 000
Stock	2 729 000	2 729 000	2 729 000	2 729 000
Total Investments	0	0	0	0
Cash, Bank	3 000	0	1 000	6 000
Total Current Assets	10 458 000	9 381 000	9 382 000	9 387 000
Total Assets	10 458 000	9 381 000	9 432 000	9 437 000
Total Equity	−204 000	−1 021 000	−795 000	−638 000
Short-Term Group Debt	1 343 000	1 318 000	1 305 000	1 288 000
Total Long-Term Debt	3 924 000	3 924 000	3 924 000	3 924 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 395 000	5 160 000	4 998 000	4 863 000
Total Current Debt	6 738 000	6 478 000	6 303 000	6 151 000
Total Equity and Debt	10 458 000	9 381 000	9 432 000	9 437 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−400 %	22,14 %	19,75 %	29,31 %
Debt-to-Equity Ratio	−19,24	−3,84	−4,94	−6,15
Operating Profit Margin	-	-	-	-
Current Ratio	1,55	1,45	1,49	1,53
Quick Ratio	2,61	2,5	2,63	2,74
Equity Ratio	−0,02	−0,11	−0,08	−0,07
Gross Profit Margin	-	-	-	-