HOVE UTBYGGINGSSELSKAP AS

4031 STAVANGER

Finances

Share Ownership

Return on Equity

700,5 %

Current Ratio

1,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 195 000	35 477 000	1 372 000	23 068 000
Net Income	4 231 000	17 456 000	−471 000	4 762 000
Total Assets	6 487 000	9 857 000	20 720 000	46 160 000
Total Equity	604 000	1 835 000	11 095 000	11 566 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 195 000	35 477 000	1 372 000	23 068 000
Expenditure	48 000	11 520 000	2 075 000	27 825 000
Operating Profit	5 147 000	23 957 000	−702 000	−4 757 000
Financial Income	150 000	150 000	22 000	9 533 000
Financial Costs	10 000	1 348 000	364 000	14 000
Financial Balance	140 000	−1 198 000	−342 000	9 519 000
Earnings Before Tax	5 287 000	22 759 000	−1 045 000	4 762 000
Tax	1 055 000	5 303 000	−574 000	0
Net Income	4 231 000	17 456 000	−471 000	4 762 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	157 000	1 591 000	1 366 000
Total Current Assets	6 487 000	9 700 000	19 129 000	44 794 000
Total Assets	6 487 000	9 857 000	20 720 000	46 160 000
Total Retained Equity	504 000	68 000	6 532 000	7 003 000
Total Equity	604 000	1 835 000	11 095 000	11 566 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 883 000	8 022 000	9 625 000	34 594 000
Total Equity and Debt	6 487 000	9 857 000	20 720 000	46 160 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 195 000	35 477 000	1 380 000	23 000 000
Other Income	0	0	−8 000	68 000
Revenue	5 195 000	35 477 000	1 372 000	23 068 000
Cost of Goods Sold	263 000	10 608 000	1 043 000	27 112 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	48 000	11 520 000	2 075 000	27 825 000
Operating Profit	5 147 000	23 957 000	−702 000	−4 757 000
Financial Income	150 000	150 000	22 000	9 533 000
Financial Costs	10 000	1 348 000	364 000	14 000
Financial Balance	140 000	−1 198 000	−342 000	9 519 000
Dividends	3 943 000	26 716 000	0	0
Net Income	4 231 000	17 456 000	−471 000	4 762 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	941 000	366 000
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	0	157 000	650 000	1 000 000
Total Fixed Assets	0	157 000	1 591 000	1 366 000
Stock	693 000	800 000	11 470 000	11 040 000
Total Investments	0	0	0	0
Cash, Bank	5 794 000	7 893 000	6 896 000	690 000
Total Current Assets	6 487 000	9 700 000	19 129 000	44 794 000
Total Assets	6 487 000	9 857 000	20 720 000	46 160 000
Total Equity	604 000	1 835 000	11 095 000	11 566 000
Short-Term Group Debt	0	1 094 000	0	5 000 000
Total Long-Term Debt	0	0	0	0
Creditors	108 000	106 000	225 000	282 000
Unpaid Taxes	0	0	0	0
Dividends	3 943 000	26 716 000	0	0
Other Current Debt	4 719 000	2 700 000	9 400 000	9 400 000
Total Current Debt	5 883 000	8 022 000	9 625 000	34 594 000
Total Equity and Debt	6 487 000	9 857 000	20 720 000	46 160 000

Financial indicators	2022	2021	2020	2019
Return on Equity	700,5 %	951,28 %	−4,25 %	41,17 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	99,08 %	67,53 %	−51,17 %	−20,62 %
Current Ratio	1,1	1,21	1,99	1,29
Quick Ratio	1,25	1,34	−10,37	1,9
Equity Ratio	0,09	0,19	0,54	0,25
Gross Profit Margin	94,94 %	70,1 %	23,98 %	−17,53 %