HOVDEN LODGE AS

4755 HOVDEN I SETESDAL

Finances

Share Ownership

Return on Equity

6,36 %

Current Ratio

1,05

Debt-to-Equity Ratio

14,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 240 000	746 000	1 567 000	976 000
Net Income	45 000	−8 000	605 000	212 000
Total Assets	11 359 000	12 366 000	13 204 000	9 730 000
Total Equity	708 000	724 000	731 000	672 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 240 000	746 000	1 567 000	976 000
Expenditure	616 000	397 000	395 000	407 000
Operating Profit	623 000	348 000	1 172 000	569 000
Financial Income	0	0	0	0
Financial Costs	565 000	358 000	396 000	298 000
Financial Balance	−565 000	−358 000	−396 000	−298 000
Earnings Before Tax	58 000	−10 000	776 000	271 000
Tax	13 000	−2 000	171 000	60 000
Net Income	45 000	−8 000	605 000	212 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 687 000	12 104 000	11 623 000	9 009 000
Total Current Assets	671 000	261 000	1 580 000	721 000
Total Assets	11 359 000	12 366 000	13 204 000	9 730 000
Total Retained Equity	608 000	624 000	631 000	572 000
Total Equity	708 000	724 000	731 000	672 000
Total Long-Term Debt	10 010 000	10 775 000	11 348 000	7 205 000
Total Current Debt	641 000	867 000	1 125 000	1 853 000
Total Equity and Debt	11 359 000	12 366 000	13 204 000	9 730 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	740 000	823 000	0
Other Income	1 240 000	6 000	744 000	976 000
Revenue	1 240 000	746 000	1 567 000	976 000
Cost of Goods Sold	11 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	272 000	277 000	261 000	286 000
Impairment	0	0	0	0
Expenditure	616 000	397 000	395 000	407 000
Operating Profit	623 000	348 000	1 172 000	569 000
Financial Income	0	0	0	0
Financial Costs	565 000	358 000	396 000	298 000
Financial Balance	−565 000	−358 000	−396 000	−298 000
Dividends	0	0	0	0
Net Income	45 000	−8 000	605 000	212 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 958 000	9 547 000	9 418 000	8 776 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	129 000	517 000	215 000	233 000
Total Tangible Assets	7 087 000	10 064 000	9 633 000	9 009 000
Total Fiancial Fixed Assets	3 600 000	2 041 000	1 991 000	0
Total Fixed Assets	10 687 000	12 104 000	11 623 000	9 009 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	96 000	211 000	156 000	8 000
Total Current Assets	671 000	261 000	1 580 000	721 000
Total Assets	11 359 000	12 366 000	13 204 000	9 730 000
Total Equity	708 000	724 000	731 000	672 000
Short-Term Group Debt	78 000	0	700 000	788 000
Total Long-Term Debt	10 010 000	10 775 000	11 348 000	7 205 000
Creditors	5 000	602 000	111 000	9 000
Unpaid Taxes	214 000	14 000	0	3 000
Dividends	0	0	0	0
Other Current Debt	345 000	251 000	309 000	1 053 000
Total Current Debt	641 000	867 000	1 125 000	1 853 000
Total Equity and Debt	11 359 000	12 366 000	13 204 000	9 730 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,36 %	−1,1 %	82,76 %	31,55 %
Debt-to-Equity Ratio	14,14	14,88	15,52	10,72
Operating Profit Margin	50,24 %	46,65 %	74,79 %	58,3 %
Current Ratio	1,05	0,3	1,4	0,39
Quick Ratio	1,05	0,3	1,4	0,39
Equity Ratio	0,06	0,06	0,06	0,07
Gross Profit Margin	99,11 %	100 %	100 %	100 %