HOVDA BRUK AS

4164 FOGN

Finances

Share Ownership

Return on Equity

−1,43 %

Current Ratio

30,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	559 000	1 274 000	301 000	435 000
Net Income	−31 000	757 000	−208 000	−55 000
Total Assets	2 218 000	3 317 000	5 511 000	5 515 000
Total Equity	2 166 000	2 197 000	1 440 000	1 648 000

Income (NOK)	2022	2021	2020	2019
Revenue	559 000	1 274 000	301 000	435 000
Expenditure	590 000	432 000	420 000	365 000
Operating Profit	−32 000	842 000	−118 000	71 000
Financial Income	1 000	0	0	0
Financial Costs	0	85 000	90 000	127 000
Financial Balance	1 000	−85 000	−90 000	−127 000
Earnings Before Tax	−31 000	757 000	−208 000	−55 000
Tax	0	0	0	0
Net Income	−31 000	757 000	−208 000	−55 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	637 000	152 000	5 268 000	5 275 000
Total Current Assets	1 581 000	3 165 000	243 000	241 000
Total Assets	2 218 000	3 317 000	5 511 000	5 515 000
Total Retained Equity	2 036 000	2 067 000	1 310 000	1 518 000
Total Equity	2 166 000	2 197 000	1 440 000	1 648 000
Total Long-Term Debt	0	0	2 511 000	2 520 000
Total Current Debt	52 000	1 120 000	1 559 000	1 347 000
Total Equity and Debt	2 218 000	3 317 000	5 511 000	5 515 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	208 000	76 000	142 000	71 000
Other Income	351 000	1 198 000	160 000	364 000
Revenue	559 000	1 274 000	301 000	435 000
Cost of Goods Sold	147 000	78 000	161 000	−1 000
Salary Costs	63 000	64 000	51 000	65 000
Depreciation	66 000	7 000	7 000	8 000
Impairment	0	0	0	0
Expenditure	590 000	432 000	420 000	365 000
Operating Profit	−32 000	842 000	−118 000	71 000
Financial Income	1 000	0	0	0
Financial Costs	0	85 000	90 000	127 000
Financial Balance	1 000	−85 000	−90 000	−127 000
Dividends	0	0	0	0
Net Income	−31 000	757 000	−208 000	−55 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	107 000	119 000	5 247 000	5 247 000
Machinery and Plant Facilities	518 000	22 000	9 000	15 000
Fixtures	0	0	0	0
Total Tangible Assets	625 000	140 000	5 256 000	5 262 000
Total Fiancial Fixed Assets	12 000	12 000	12 000	12 000
Total Fixed Assets	637 000	152 000	5 268 000	5 275 000
Stock	235 000	212 000	164 000	170 000
Total Investments	0	0	0	0
Cash, Bank	1 118 000	2 875 000	33 000	19 000
Total Current Assets	1 581 000	3 165 000	243 000	241 000
Total Assets	2 218 000	3 317 000	5 511 000	5 515 000
Total Equity	2 166 000	2 197 000	1 440 000	1 648 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	2 511 000	2 520 000
Creditors	44 000	81 000	17 000	21 000
Unpaid Taxes	2 000	10 000	15 000	1 000
Dividends	0	0	0	0
Other Current Debt	6 000	1 029 000	1 528 000	1 326 000
Total Current Debt	52 000	1 120 000	1 559 000	1 347 000
Total Equity and Debt	2 218 000	3 317 000	5 511 000	5 515 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,43 %	34,46 %	−14,44 %	−3,34 %
Debt-to-Equity Ratio	0	0	1,74	1,53
Operating Profit Margin	−5,72 %	66,09 %	−39,2 %	16,32 %
Current Ratio	30,4	2,83	0,16	0,18
Quick Ratio	−8,64	3,49	0,17	0,2
Equity Ratio	0,98	0,66	0,26	0,3
Gross Profit Margin	73,7 %	93,88 %	46,51 %	100,23 %