HOV INVEST AS

2069 JESSHEIM

Finances

Return on Equity

−5,38 %

Current Ratio

12,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 643 000	1 961 000	2 042 000	1 804 000
Net Income	−4 006 000	6 615 000	12 221 000	2 620 000
Total Assets	80 875 000	93 550 000	100 115 000	111 853 000
Total Equity	74 426 000	84 432 000	86 317 000	87 096 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 643 000	1 961 000	2 042 000	1 804 000
Expenditure	975 000	933 000	901 000	777 000
Operating Profit	668 000	1 028 000	1 140 000	1 027 000
Financial Income	1 338 000	11 701 000	11 947 000	2 176 000
Financial Costs	5 809 000	5 773 000	359 000	2 000
Financial Balance	−4 471 000	5 928 000	11 588 000	2 174 000
Earnings Before Tax	−3 802 000	6 956 000	12 728 000	3 202 000
Tax	203 000	341 000	508 000	581 000
Net Income	−4 006 000	6 615 000	12 221 000	2 620 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 415 000	2 015 000	15 000	15 000
Total Current Assets	77 460 000	91 535 000	100 100 000	111 838 000
Total Assets	80 875 000	93 550 000	100 115 000	111 853 000
Total Retained Equity	74 326 000	84 332 000	86 217 000	86 996 000
Total Equity	74 426 000	84 432 000	86 317 000	87 096 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 448 000	9 118 000	13 798 000	24 757 000
Total Equity and Debt	80 875 000	93 550 000	100 115 000	111 853 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 643 000	1 961 000	2 042 000	1 804 000
Other Income	0	0	0	0
Revenue	1 643 000	1 961 000	2 042 000	1 804 000
Cost of Goods Sold	0	0	0	0
Salary Costs	719 000	713 000	716 000	405 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	975 000	933 000	901 000	777 000
Operating Profit	668 000	1 028 000	1 140 000	1 027 000
Financial Income	1 338 000	11 701 000	11 947 000	2 176 000
Financial Costs	5 809 000	5 773 000	359 000	2 000
Financial Balance	−4 471 000	5 928 000	11 588 000	2 174 000
Dividends	6 000 000	8 500 000	13 000 000	24 000 000
Net Income	−4 006 000	6 615 000	12 221 000	2 620 000

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	3 415 000	2 015 000	15 000	15 000
Total Fixed Assets	3 415 000	2 015 000	15 000	15 000
Stock	0	0	0	0
Total Investments	35 089 000	63 097 000	55 008 000	9 141 000
Cash, Bank	41 120 000	27 981 000	44 439 000	102 117 000
Total Current Assets	77 460 000	91 535 000	100 100 000	111 838 000
Total Assets	80 875 000	93 550 000	100 115 000	111 853 000
Total Equity	74 426 000	84 432 000	86 317 000	87 096 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	29 000	23 000	0	10 000
Unpaid Taxes	102 000	176 000	183 000	118 000
Dividends	6 000 000	8 500 000	13 000 000	24 000 000
Other Current Debt	114 000	77 000	107 000	48 000
Total Current Debt	6 448 000	9 118 000	13 798 000	24 757 000
Total Equity and Debt	80 875 000	93 550 000	100 115 000	111 853 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,38 %	7,83 %	14,16 %	3,01 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	40,66 %	52,42 %	55,83 %	56,93 %
Current Ratio	12,01	10,04	7,25	4,52
Quick Ratio	12,01	10,04	7,25	4,52
Equity Ratio	0,92	0,9	0,86	0,78
Gross Profit Margin	100 %	100 %	100 %	100 %