HOVEVEIEN HOLDING AS

0191 OSLO

Finances

Share Ownership

Return on Equity

15,61 %

Current Ratio

2,37

Debt-to-Equity Ratio

34,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 879 000	6 804 000	1 696 000	4 160 000
Net Income	649 000	1 786 000	−3 492 000	−489 000
Total Assets	147 793 000	144 696 000	108 461 000	36 654 000
Total Equity	4 158 000	3 508 000	1 722 000	9 316 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 879 000	6 804 000	1 696 000	4 160 000
Expenditure	5 929 000	2 331 000	4 085 000	3 886 000
Operating Profit	5 950 000	4 474 000	−2 389 000	274 000
Financial Income	28 000	1 000	54 000	50 000
Financial Costs	5 145 000	2 185 000	1 000	807 000
Financial Balance	−5 117 000	−2 184 000	53 000	−757 000
Earnings Before Tax	832 000	2 290 000	−2 336 000	−482 000
Tax	183 000	504 000	1 156 000	7 000
Net Income	649 000	1 786 000	−3 492 000	−489 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	144 456 000	140 748 000	94 664 000	32 773 000
Total Current Assets	3 337 000	3 948 000	13 797 000	3 881 000
Total Assets	147 793 000	144 696 000	108 461 000	36 654 000
Total Retained Equity	4 050 000	3 401 000	1 615 000	9 116 000
Total Equity	4 158 000	3 508 000	1 722 000	9 316 000
Total Long-Term Debt	142 226 000	138 097 000	90 116 000	25 735 000
Total Current Debt	1 409 000	3 090 000	16 622 000	1 603 000
Total Equity and Debt	147 793 000	144 696 000	108 461 000	36 654 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 879 000	5 730 000	0	0
Other Income	0	1 074 000	1 696 000	4 160 000
Revenue	11 879 000	6 804 000	1 696 000	4 160 000
Cost of Goods Sold	0	0	514 000	815 000
Salary Costs	0	0	0	0
Depreciation	4 624 000	1 032 000	1 012 000	1 128 000
Impairment	0	0	0	0
Expenditure	5 929 000	2 331 000	4 085 000	3 886 000
Operating Profit	5 950 000	4 474 000	−2 389 000	274 000
Financial Income	28 000	1 000	54 000	50 000
Financial Costs	5 145 000	2 185 000	1 000	807 000
Financial Balance	−5 117 000	−2 184 000	53 000	−757 000
Dividends	0	0	0	0
Net Income	649 000	1 786 000	−3 492 000	−489 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	144 236 000	140 453 000	94 563 000	32 726 000
Machinery and Plant Facilities	0	0	101 000	47 000
Fixtures	220 000	295 000	0	0
Total Tangible Assets	144 456 000	140 748 000	94 664 000	32 773 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	144 456 000	140 748 000	94 664 000	32 773 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	74 000	1 979 000	6 551 000	2 118 000
Total Current Assets	3 337 000	3 948 000	13 797 000	3 881 000
Total Assets	147 793 000	144 696 000	108 461 000	36 654 000
Total Equity	4 158 000	3 508 000	1 722 000	9 316 000
Short-Term Group Debt	0	0	31 000	31 000
Total Long-Term Debt	142 226 000	138 097 000	90 116 000	25 735 000
Creditors	1 209 000	386 000	16 314 000	978 000
Unpaid Taxes	0	1 388 000	0	59 000
Dividends	0	0	0	0
Other Current Debt	200 000	1 316 000	277 000	535 000
Total Current Debt	1 409 000	3 090 000	16 622 000	1 603 000
Total Equity and Debt	147 793 000	144 696 000	108 461 000	36 654 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,61 %	50,91 %	−202,79 %	−5,25 %
Debt-to-Equity Ratio	34,21	39,37	52,33	2,76
Operating Profit Margin	50,09 %	65,76 %	−140,86 %	6,59 %
Current Ratio	2,37	1,28	0,83	2,42
Quick Ratio	2,37	1,28	0,83	2,42
Equity Ratio	0,03	0,02	0,02	0,25
Gross Profit Margin	100 %	100 %	69,69 %	80,41 %