HØVIK HOLDING AS

1712 GRÅLUM

Finances

Return on Equity

4,97 %

Current Ratio

2,33

Debt-to-Equity Ratio

0,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	85 862 000	2 780 000	2 688 000	2 772 000
Net Income	1 777 000	−1 037 000	17 385 000	899 000
Total Assets	81 938 000	54 101 000	55 771 000	45 457 000
Total Equity	35 724 000	26 799 000	31 836 000	14 451 000

Income (NOK)	2022	2021	2020	2019
Revenue	85 862 000	2 780 000	2 688 000	2 772 000
Expenditure	79 411 000	2 963 000	1 329 000	1 041 000
Operating Profit	80 000	−184 000	1 359 000	1 731 000
Financial Income	3 063 000	293 000	16 717 000	1 000
Financial Costs	1 310 000	1 245 000	499 000	580 000
Financial Balance	1 753 000	−952 000	16 218 000	−579 000
Earnings Before Tax	1 833 000	−1 135 000	17 577 000	1 152 000
Tax	56 000	−99 000	192 000	253 000
Net Income	1 777 000	−1 037 000	17 385 000	899 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 404 000	26 621 000	41 371 000	25 536 000
Total Current Assets	40 534 000	27 480 000	14 400 000	19 921 000
Total Assets	81 938 000	54 101 000	55 771 000	45 457 000
Total Retained Equity	31 838 000	22 914 000	27 950 000	10 565 000
Total Equity	35 724 000	26 799 000	31 836 000	14 451 000
Total Long-Term Debt	28 850 000	21 807 000	22 777 000	22 950 000
Total Current Debt	17 365 000	5 495 000	1 158 000	8 055 000
Total Equity and Debt	81 939 000	54 101 000	55 771 000	45 457 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	82 149 000	152 000	122 000	233 000
Other Income	3 713 000	2 628 000	2 566 000	2 539 000
Revenue	85 862 000	2 780 000	2 688 000	2 772 000
Cost of Goods Sold	59 652 000	168 000	110 000	61 000
Salary Costs	13 413 000	0	0	0
Depreciation	1 209 000	496 000	486 000	476 000
Impairment	0	0	0	0
Expenditure	79 411 000	2 963 000	1 329 000	1 041 000
Operating Profit	80 000	−184 000	1 359 000	1 731 000
Financial Income	3 063 000	293 000	16 717 000	1 000
Financial Costs	1 310 000	1 245 000	499 000	580 000
Financial Balance	1 753 000	−952 000	16 218 000	−579 000
Dividends	0	0	0	0
Net Income	1 777 000	−1 037 000	17 385 000	899 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	36 155 000	22 440 000	18 975 000	19 418 000
Machinery and Plant Facilities	549 000	0	0	0
Fixtures	0	200 000	129 000	153 000
Total Tangible Assets	36 704 000	22 641 000	19 104 000	19 571 000
Total Fiancial Fixed Assets	4 700 000	3 980 000	22 267 000	5 965 000
Total Fixed Assets	41 404 000	26 621 000	41 371 000	25 536 000
Stock	10 162 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 548 000	1 541 000	1 203 000	371 000
Total Current Assets	40 534 000	27 480 000	14 400 000	19 921 000
Total Assets	81 938 000	54 101 000	55 771 000	45 457 000
Total Equity	35 724 000	26 799 000	31 836 000	14 451 000
Short-Term Group Debt	0	863 000	0	0
Total Long-Term Debt	28 850 000	21 807 000	22 777 000	22 950 000
Creditors	7 912 000	4 412 000	47 000	6 000
Unpaid Taxes	1 450 000	0	323 000	64 000
Dividends	0	0	0	0
Other Current Debt	3 457 000	220 000	641 000	7 834 000
Total Current Debt	17 365 000	5 495 000	1 158 000	8 055 000
Total Equity and Debt	81 939 000	54 101 000	55 771 000	45 457 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,97 %	−3,87 %	54,61 %	6,22 %
Debt-to-Equity Ratio	0,81	0,81	0,72	1,59
Operating Profit Margin	0,09 %	−6,62 %	50,56 %	62,45 %
Current Ratio	2,33	5	12,44	2,47
Quick Ratio	5,63	5	12,44	2,47
Equity Ratio	0,44	0,5	0,57	0,32
Gross Profit Margin	30,53 %	93,96 %	95,91 %	97,8 %