HØVIK INVEST

7055 RANHEIM

Finances

Return on Equity

23,68 %

Current Ratio

1,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	171 000	95 000	238 000	275 000
Net Income	103 000	31 000	19 000	−4 000
Total Assets	1 063 000	1 089 000	1 030 000	1 245 000
Total Equity	435 000	332 000	301 000	282 000

Income (NOK)	2022	2021	2020	2019
Revenue	171 000	95 000	238 000	275 000
Expenditure	39 000	55 000	277 000	280 000
Operating Profit	132 000	40 000	−40 000	−5 000
Financial Income	0	0	50 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	50 000	0
Earnings Before Tax	132 000	40 000	10 000	−5 000
Tax	29 000	9 000	−8 000	−1 000
Net Income	103 000	31 000	19 000	−4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	398 000	621 000	630 000	565 000
Total Current Assets	665 000	468 000	400 000	680 000
Total Assets	1 063 000	1 089 000	1 030 000	1 245 000
Total Retained Equity	435 000	332 000	301 000	282 000
Total Equity	435 000	332 000	301 000	282 000
Total Long-Term Debt	0	582 000	564 000	874 000
Total Current Debt	628 000	175 000	164 000	89 000
Total Equity and Debt	1 063 000	1 089 000	1 030 000	1 245 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	171 000	95 000	238 000	275 000
Other Income	0	0	0	0
Revenue	171 000	95 000	238 000	275 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 000	0	10 000	23 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	39 000	55 000	277 000	280 000
Operating Profit	132 000	40 000	−40 000	−5 000
Financial Income	0	0	50 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	50 000	0
Dividends	0	0	0	0
Net Income	103 000	31 000	19 000	−4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	155 000	184 000	193 000	184 000
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	243 000	437 000	437 000	381 000
Total Fixed Assets	398 000	621 000	630 000	565 000
Stock	0	0	0	0
Total Investments	358 000	358 000	358 000	508 000
Cash, Bank	166 000	110 000	42 000	172 000
Total Current Assets	665 000	468 000	400 000	680 000
Total Assets	1 063 000	1 089 000	1 030 000	1 245 000
Total Equity	435 000	332 000	301 000	282 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	582 000	564 000	874 000
Creditors	13 000	136 000	136 000	58 000
Unpaid Taxes	31 000	9 000	−1 000	1 000
Dividends	0	0	0	0
Other Current Debt	584 000	30 000	30 000	30 000
Total Current Debt	628 000	175 000	164 000	89 000
Total Equity and Debt	1 063 000	1 089 000	1 030 000	1 245 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,68 %	9,34 %	6,31 %	−1,42 %
Debt-to-Equity Ratio	0	1,75	1,87	3,1
Operating Profit Margin	77,19 %	42,11 %	−16,81 %	−1,82 %
Current Ratio	1,06	2,67	2,44	7,64
Quick Ratio	1,06	2,67	2,44	7,64
Equity Ratio	0,41	0,3	0,29	0,23
Gross Profit Margin	100 %	100 %	100 %	100 %