HOV NÆRING AS

3515 HØNEFOSS

Finances

Share Ownership

Return on Equity

25,76 %

Current Ratio

0,33

Debt-to-Equity Ratio

3,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 411 000	1 342 000	1 512 000	1 328 000
Net Income	415 000	453 000	390 000	360 000
Total Assets	8 580 000	8 838 000	9 343 000	9 516 000
Total Equity	1 611 000	1 396 000	1 344 000	1 254 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 411 000	1 342 000	1 512 000	1 328 000
Expenditure	619 000	591 000	774 000	558 000
Operating Profit	792 000	751 000	738 000	770 000
Financial Income	1 000	0	0	0
Financial Costs	261 000	170 000	238 000	309 000
Financial Balance	−260 000	−170 000	−238 000	−309 000
Earnings Before Tax	532 000	580 000	500 000	462 000
Tax	117 000	128 000	110 000	102 000
Net Income	415 000	453 000	390 000	360 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 278 000	8 590 000	8 925 000	9 259 000
Total Current Assets	303 000	248 000	418 000	257 000
Total Assets	8 580 000	8 838 000	9 343 000	9 516 000
Total Retained Equity	1 511 000	1 296 000	1 244 000	1 154 000
Total Equity	1 611 000	1 396 000	1 344 000	1 254 000
Total Long-Term Debt	6 037 000	6 494 000	7 256 000	7 645 000
Total Current Debt	932 000	948 000	743 000	618 000
Total Equity and Debt	8 580 000	8 838 000	9 343 000	9 516 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	172 000	0
Other Income	1 411 000	1 342 000	1 340 000	1 328 000
Revenue	1 411 000	1 342 000	1 512 000	1 328 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	313 000	334 000	334 000	334 000
Impairment	0	0	0	0
Expenditure	619 000	591 000	774 000	558 000
Operating Profit	792 000	751 000	738 000	770 000
Financial Income	1 000	0	0	0
Financial Costs	261 000	170 000	238 000	309 000
Financial Balance	−260 000	−170 000	−238 000	−309 000
Dividends	200 000	400 000	300 000	300 000
Net Income	415 000	453 000	390 000	360 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 278 000	8 584 000	8 883 000	8 060 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	6 000	42 000	21 000
Total Tangible Assets	8 278 000	8 590 000	8 925 000	9 259 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 278 000	8 590 000	8 925 000	9 259 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	288 000	233 000	381 000	240 000
Total Current Assets	303 000	248 000	418 000	257 000
Total Assets	8 580 000	8 838 000	9 343 000	9 516 000
Total Equity	1 611 000	1 396 000	1 344 000	1 254 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 037 000	6 494 000	7 256 000	7 645 000
Creditors	43 000	37 000	130 000	15 000
Unpaid Taxes	0	0	0	0
Dividends	200 000	400 000	300 000	300 000
Other Current Debt	751 000	759 000	483 000	484 000
Total Current Debt	932 000	948 000	743 000	618 000
Total Equity and Debt	8 580 000	8 838 000	9 343 000	9 516 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,76 %	32,45 %	29,02 %	28,71 %
Debt-to-Equity Ratio	3,75	4,65	5,4	6,1
Operating Profit Margin	56,13 %	55,96 %	48,81 %	57,98 %
Current Ratio	0,33	0,26	0,56	0,42
Quick Ratio	0,33	0,26	0,56	0,42
Equity Ratio	0,19	0,16	0,14	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %