HOVDEVEGEN 12 AS

2436 VÅLER I SOLØR

Finances

Return on Equity

−4,06 %

Current Ratio

26,06

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	5 836 000	89 941 000	90 783 000
Net Income	−768 000	38 988 000	5 182 000	4 685 000
Total Assets	19 926 000	74 868 000	70 685 000	57 674 000
Total Equity	18 925 000	49 357 000	24 703 000	22 505 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	5 836 000	89 941 000	90 783 000
Expenditure	160 000	6 530 000	82 463 000	85 504 000
Operating Profit	−160 000	−694 000	7 079 000	5 990 000
Financial Income	963 000	40 799 000	969 000	549 000
Financial Costs	1 519 000	669 000	1 047 000	865 000
Financial Balance	−556 000	40 130 000	−78 000	−316 000
Earnings Before Tax	−715 000	39 437 000	7 001 000	5 673 000
Tax	53 000	449 000	1 819 000	988 000
Net Income	−768 000	38 988 000	5 182 000	4 685 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 519 000	43 176 000	38 468 000	27 789 000
Total Current Assets	17 407 000	31 692 000	32 217 000	29 885 000
Total Assets	19 926 000	74 868 000	70 685 000	57 674 000
Total Retained Equity	18 825 000	39 893 000	16 417 000	14 075 000
Total Equity	18 925 000	49 357 000	24 703 000	22 505 000
Total Long-Term Debt	333 000	22 882 000	27 875 000	18 562 000
Total Current Debt	668 000	2 629 000	18 107 000	16 607 000
Total Equity and Debt	19 926 000	74 868 000	70 685 000	57 674 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	1 028 000	86 570 000	88 330 000
Other Income	0	4 808 000	3 371 000	2 453 000
Revenue	0	5 836 000	89 941 000	90 783 000
Cost of Goods Sold	0	0	31 332 000	30 538 000
Salary Costs	0	7 000	31 375 000	34 625 000
Depreciation	0	1 409 000	3 565 000	2 841 000
Impairment	0	0	0	0
Expenditure	160 000	6 530 000	82 463 000	85 504 000
Operating Profit	−160 000	−694 000	7 079 000	5 990 000
Financial Income	963 000	40 799 000	969 000	549 000
Financial Costs	1 519 000	669 000	1 047 000	865 000
Financial Balance	−556 000	40 130 000	−78 000	−316 000
Dividends	2 500 000	6 022 000	1 050 000	2 200 000
Net Income	−768 000	38 988 000	5 182 000	4 685 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	565 000	955 000	1 093 000
Real Eastate	0	24 374 000	27 043 000	20 487 000
Machinery and Plant Facilities	0	56 000	556 000	620 000
Fixtures	230 000	653 000	9 365 000	5 182 000
Total Tangible Assets	230 000	25 084 000	36 964 000	26 289 000
Total Fiancial Fixed Assets	2 289 000	17 527 000	548 000	408 000
Total Fixed Assets	2 519 000	43 176 000	38 468 000	27 789 000
Stock	0	0	2 566 000	2 560 000
Total Investments	14 063 000	18 905 000	4 521 000	2 419 000
Cash, Bank	3 344 000	7 107 000	12 923 000	8 507 000
Total Current Assets	17 407 000	31 692 000	32 217 000	29 885 000
Total Assets	19 926 000	74 868 000	70 685 000	57 674 000
Total Equity	18 925 000	49 357 000	24 703 000	22 505 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	333 000	22 882 000	27 875 000	18 562 000
Creditors	0	162 000	5 271 000	4 062 000
Unpaid Taxes	0	0	5 017 000	4 605 000
Dividends	2 500 000	6 022 000	1 050 000	2 200 000
Other Current Debt	94 000	2 003 000	5 219 000	4 892 000
Total Current Debt	668 000	2 629 000	18 107 000	16 607 000
Total Equity and Debt	19 926 000	74 868 000	70 685 000	57 674 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,06 %	78,99 %	20,98 %	20,82 %
Debt-to-Equity Ratio	0,02	0,46	1,13	0,82
Operating Profit Margin	-	−11,89 %	7,87 %	6,6 %
Current Ratio	26,06	12,05	1,78	1,8
Quick Ratio	26,06	12,05	2,07	2,13
Equity Ratio	0,95	0,66	0,35	0,39
Gross Profit Margin	-	100 %	65,16 %	66,36 %