HOVSVEIEN EIENDOM AS

1831 ASKIM

Finances

Share Ownership

Return on Equity

18,98 %

Current Ratio

0,05

Debt-to-Equity Ratio

0,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 585 000	1 314 000	1 576 000	1 587 000
Net Income	681 000	505 000	735 000	629 000
Total Assets	7 032 000	7 340 000	7 503 000	7 602 000
Total Equity	3 588 000	3 600 000	3 603 000	3 258 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 585 000	1 314 000	1 576 000	1 587 000
Expenditure	619 000	567 000	522 000	661 000
Operating Profit	967 000	747 000	1 054 000	927 000
Financial Income	0	0	0	0
Financial Costs	94 000	100 000	112 000	121 000
Financial Balance	−94 000	−100 000	−112 000	−121 000
Earnings Before Tax	873 000	648 000	942 000	806 000
Tax	192 000	143 000	207 000	177 000
Net Income	681 000	505 000	735 000	629 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 989 000	7 175 000	7 360 000	7 546 000
Total Current Assets	43 000	165 000	142 000	56 000
Total Assets	7 032 000	7 340 000	7 503 000	7 602 000
Total Retained Equity	2 588 000	2 600 000	2 603 000	2 258 000
Total Equity	3 588 000	3 600 000	3 603 000	3 258 000
Total Long-Term Debt	2 506 000	2 984 000	3 185 000	3 521 000
Total Current Debt	938 000	756 000	715 000	823 000
Total Equity and Debt	7 032 000	7 340 000	7 503 000	7 602 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 585 000	1 314 000	1 576 000	1 587 000
Revenue	1 585 000	1 314 000	1 576 000	1 587 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	186 000	186 000	186 000	186 000
Impairment	0	0	0	0
Expenditure	619 000	567 000	522 000	661 000
Operating Profit	967 000	747 000	1 054 000	927 000
Financial Income	0	0	0	0
Financial Costs	94 000	100 000	112 000	121 000
Financial Balance	−94 000	−100 000	−112 000	−121 000
Dividends	0	0	0	0
Net Income	681 000	505 000	735 000	629 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 989 000	7 175 000	7 360 000	7 546 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 989 000	7 175 000	7 360 000	7 546 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 989 000	7 175 000	7 360 000	7 546 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	21 000	159 000	137 000	19 000
Total Current Assets	43 000	165 000	142 000	56 000
Total Assets	7 032 000	7 340 000	7 503 000	7 602 000
Total Equity	3 588 000	3 600 000	3 603 000	3 258 000
Short-Term Group Debt	888 000	651 000	500 000	700 000
Total Long-Term Debt	2 506 000	2 984 000	3 185 000	3 521 000
Creditors	13 000	31 000	24 000	17 000
Unpaid Taxes	7 000	7 000	7 000	0
Dividends	0	0	0	0
Other Current Debt	30 000	67 000	89 000	88 000
Total Current Debt	938 000	756 000	715 000	823 000
Total Equity and Debt	7 032 000	7 340 000	7 503 000	7 602 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,98 %	14,03 %	20,4 %	19,31 %
Debt-to-Equity Ratio	0,7	0,83	0,88	1,08
Operating Profit Margin	61,01 %	56,85 %	66,88 %	58,41 %
Current Ratio	0,05	0,22	0,2	0,07
Quick Ratio	0,05	0,22	0,2	0,07
Equity Ratio	0,51	0,49	0,48	0,43
Gross Profit Margin	100 %	100 %	100 %	100 %