HOVEVEIEN 36 AS

4325 SANDNES

Finances

Share Ownership

Return on Equity

17,96 %

Current Ratio

0,28

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	969 000	954 000	940 000	926 000
Net Income	556 000	613 000	582 000	568 000
Total Assets	6 176 000	5 896 000	5 646 000	5 455 000
Total Equity	3 095 000	2 539 000	1 927 000	1 345 000

Income (NOK)	2022	2021	2020	2019
Revenue	969 000	954 000	940 000	926 000
Expenditure	163 000	92 000	102 000	61 000
Operating Profit	807 000	862 000	837 000	865 000
Financial Income	5 000	4 000	4 000	0
Financial Costs	99 000	81 000	95 000	136 000
Financial Balance	−94 000	−77 000	−91 000	−136 000
Earnings Before Tax	713 000	785 000	747 000	729 000
Tax	157 000	173 000	165 000	160 000
Net Income	556 000	613 000	582 000	568 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 333 000	5 369 000	5 406 000	5 443 000
Total Current Assets	844 000	527 000	240 000	12 000
Total Assets	6 176 000	5 896 000	5 646 000	5 455 000
Total Retained Equity	2 595 000	2 039 000	1 427 000	845 000
Total Equity	3 095 000	2 539 000	1 927 000	1 345 000
Total Long-Term Debt	76 000	2 955 000	3 342 000	3 710 000
Total Current Debt	3 005 000	401 000	377 000	401 000
Total Equity and Debt	6 176 000	5 896 000	5 646 000	5 455 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	969 000	954 000	940 000	926 000
Revenue	969 000	954 000	940 000	926 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	37 000	37 000	37 000	38 000
Impairment	0	0	0	0
Expenditure	163 000	92 000	102 000	61 000
Operating Profit	807 000	862 000	837 000	865 000
Financial Income	5 000	4 000	4 000	0
Financial Costs	99 000	81 000	95 000	136 000
Financial Balance	−94 000	−77 000	−91 000	−136 000
Dividends	0	0	0	0
Net Income	556 000	613 000	582 000	568 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 333 000	5 369 000	5 406 000	5 443 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 333 000	5 369 000	5 406 000	5 443 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 333 000	5 369 000	5 406 000	5 443 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	844 000	569 000	240 000	1 000
Total Current Assets	844 000	527 000	240 000	12 000
Total Assets	6 176 000	5 896 000	5 646 000	5 455 000
Total Equity	3 095 000	2 539 000	1 927 000	1 345 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	76 000	2 955 000	3 342 000	3 710 000
Creditors	35 000	0	0	9 000
Unpaid Taxes	218 000	231 000	223 000	228 000
Dividends	0	0	0	0
Other Current Debt	2 601 000	0	−4 000	11 000
Total Current Debt	3 005 000	401 000	377 000	401 000
Total Equity and Debt	6 176 000	5 896 000	5 646 000	5 455 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,96 %	24,14 %	30,2 %	42,23 %
Debt-to-Equity Ratio	0,02	1,16	1,73	2,76
Operating Profit Margin	83,28 %	90,36 %	89,04 %	93,41 %
Current Ratio	0,28	1,31	0,64	0,03
Quick Ratio	0,28	1,31	0,64	0,03
Equity Ratio	0,5	0,43	0,34	0,25
Gross Profit Margin	100 %	100 %	100 %	100 %