HOVENGA ATRIUM BORETTSLAG

3916 PORSGRUNN

Finances

Share Ownership

Return on Equity

20,56 %

Current Ratio

4,18

Debt-to-Equity Ratio

10,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 717 000	2 553 000	2 490 000	2 538 000
Net Income	984 000	1 113 000	839 000	958 000
Total Assets	55 297 000	55 153 000	54 998 000	55 019 000
Total Equity	4 785 000	3 801 000	2 687 000	1 848 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 717 000	2 553 000	2 490 000	2 538 000
Expenditure	1 096 000	1 003 000	1 050 000	849 000
Operating Profit	1 621 000	1 550 000	1 440 000	1 690 000
Financial Income	4 000	2 000	2 000	4 000
Financial Costs	640 000	439 000	603 000	735 000
Financial Balance	−636 000	−437 000	−601 000	−731 000
Earnings Before Tax	984 000	1 113 000	839 000	958 000
Tax	0	0	0	0
Net Income	984 000	1 113 000	839 000	958 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 729 000	54 658 000	54 535 000	54 485 000
Total Current Assets	568 000	495 000	462 000	534 000
Total Assets	55 297 000	55 153 000	54 998 000	55 019 000
Total Retained Equity	4 645 000	3 661 000	2 547 000	1 708 000
Total Equity	4 785 000	3 801 000	2 687 000	1 848 000
Total Long-Term Debt	50 376 000	51 237 000	52 195 000	53 083 000
Total Current Debt	136 000	116 000	116 000	87 000
Total Equity and Debt	55 297 000	55 153 000	54 998 000	55 019 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 717 000	2 553 000	2 490 000	2 538 000
Revenue	2 717 000	2 553 000	2 490 000	2 538 000
Cost of Goods Sold	0	0	0	0
Salary Costs	63 000	60 000	67 000	55 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 096 000	1 003 000	1 050 000	849 000
Operating Profit	1 621 000	1 550 000	1 440 000	1 690 000
Financial Income	4 000	2 000	2 000	4 000
Financial Costs	640 000	439 000	603 000	735 000
Financial Balance	−636 000	−437 000	−601 000	−731 000
Dividends	0	0	0	0
Net Income	984 000	1 113 000	839 000	958 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	54 302 000	54 302 000	54 230 000	54 230 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	54 302 000	54 302 000	54 230 000	54 230 000
Total Fiancial Fixed Assets	427 000	356 000	305 000	255 000
Total Fixed Assets	54 729 000	54 658 000	54 535 000	54 485 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	405 000	340 000	316 000	364 000
Total Current Assets	568 000	495 000	462 000	534 000
Total Assets	55 297 000	55 153 000	54 998 000	55 019 000
Total Equity	4 785 000	3 801 000	2 687 000	1 848 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	50 376 000	51 237 000	52 195 000	53 083 000
Creditors	121 000	108 000	106 000	79 000
Unpaid Taxes	0	0	3 000	0
Dividends	0	0	0	0
Other Current Debt	15 000	8 000	6 000	8 000
Total Current Debt	136 000	116 000	116 000	87 000
Total Equity and Debt	55 297 000	55 153 000	54 998 000	55 019 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,56 %	29,28 %	31,22 %	51,84 %
Debt-to-Equity Ratio	10,53	13,48	19,43	28,72
Operating Profit Margin	59,66 %	60,71 %	57,83 %	66,59 %
Current Ratio	4,18	4,27	3,98	6,14
Quick Ratio	4,18	4,27	3,98	6,14
Equity Ratio	0,09	0,07	0,05	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %