HØVRING INVEST AS

4083 HUNDVÅG

Finances

Return on Equity

8,38 %

Current Ratio

6,86

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 007 000	1 035 000	43 000	0
Net Income	415 000	949 000	300 000	−150 000
Total Assets	5 593 000	4 833 000	7 089 000	6 821 000
Total Equity	4 950 000	4 535 000	5 086 000	6 786 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 007 000	1 035 000	43 000	0
Expenditure	663 000	34 000	53 000	27 000
Operating Profit	344 000	1 001 000	−11 000	−27 000
Financial Income	157 000	468 000	500 000	339 000
Financial Costs	2 000	257 000	185 000	429 000
Financial Balance	155 000	211 000	315 000	−90 000
Earnings Before Tax	499 000	1 212 000	304 000	−117 000
Tax	84 000	263 000	3 000	33 000
Net Income	415 000	949 000	300 000	−150 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 731 000	1 828 000	2 370 000	2 146 000
Total Current Assets	3 863 000	3 005 000	4 720 000	4 676 000
Total Assets	5 593 000	4 833 000	7 089 000	6 821 000
Total Retained Equity	4 658 000	4 243 000	4 794 000	6 494 000
Total Equity	4 950 000	4 535 000	5 086 000	6 786 000
Total Long-Term Debt	80 000	0	0	0
Total Current Debt	563 000	298 000	2 003 000	35 000
Total Equity and Debt	5 593 000	4 833 000	7 089 000	6 821 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 007 000	1 035 000	43 000	0
Other Income	0	0	0	0
Revenue	1 007 000	1 035 000	43 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	628 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	663 000	34 000	53 000	27 000
Operating Profit	344 000	1 001 000	−11 000	−27 000
Financial Income	157 000	468 000	500 000	339 000
Financial Costs	2 000	257 000	185 000	429 000
Financial Balance	155 000	211 000	315 000	−90 000
Dividends	0	1 500 000	2 000 000	0
Net Income	415 000	949 000	300 000	−150 000

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	1 731 000	1 828 000	2 370 000	2 146 000
Total Fixed Assets	1 731 000	1 828 000	2 370 000	2 146 000
Stock	0	0	0	0
Total Investments	2 319 000	2 214 000	2 023 000	1 855 000
Cash, Bank	1 472 000	694 000	2 665 000	2 821 000
Total Current Assets	3 863 000	3 005 000	4 720 000	4 676 000
Total Assets	5 593 000	4 833 000	7 089 000	6 821 000
Total Equity	4 950 000	4 535 000	5 086 000	6 786 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	80 000	0	0	0
Creditors	0	0	0	2 000
Unpaid Taxes	392 000	35 000	0	0
Dividends	0	1 500 000	2 000 000	0
Other Current Debt	113 000	0	0	0
Total Current Debt	563 000	298 000	2 003 000	35 000
Total Equity and Debt	5 593 000	4 833 000	7 089 000	6 821 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,38 %	20,93 %	5,9 %	−2,21 %
Debt-to-Equity Ratio	0,02	0	0	0
Operating Profit Margin	34,16 %	96,71 %	−25,58 %	-
Current Ratio	6,86	10,08	2,36	133,6
Quick Ratio	6,86	10,08	2,36	133,6
Equity Ratio	0,89	0,94	0,72	0,99
Gross Profit Margin	100 %	100 %	100 %	-