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6160 HOVDEBYGDA

Finances

Share Ownership

Return on Equity

27,46 %

Current Ratio

1,59

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	2 165 000	1 653 000	3 672 000	2 822 000
Net Income	176 000	40 000	−126 000	357 000
Total Assets	1 721 000	675 000	1 602 000	1 291 000
Total Equity	641 000	465 000	424 000	550 000

Income (NOK)	2021	2020	2019	2018
Revenue	2 165 000	1 653 000	3 672 000	2 822 000
Expenditure	1 932 000	1 606 000	3 804 000	2 412 000
Operating Profit	232 000	46 000	−133 000	410 000
Financial Income	4 000	9 000	11 000	0
Financial Costs	9 000	4 000	4 000	2 000
Financial Balance	−5 000	5 000	7 000	−2 000
Earnings Before Tax	228 000	52 000	−126 000	409 000
Tax	52 000	11 000	0	52 000
Net Income	176 000	40 000	−126 000	357 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	19 000	39 000
Total Current Assets	1 721 000	675 000	1 583 000	1 252 000
Total Assets	1 721 000	675 000	1 602 000	1 291 000
Total Retained Equity	541 000	365 000	324 000	450 000
Total Equity	641 000	465 000	424 000	550 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 080 000	210 000	1 178 000	741 000
Total Equity and Debt	1 721 000	675 000	1 602 000	1 291 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	2 165 000	1 653 000	3 672 000	2 822 000
Other Income	0	0	0	0
Revenue	2 165 000	1 653 000	3 672 000	2 822 000
Cost of Goods Sold	886 000	1 436 000	3 156 000	1 761 000
Salary Costs	0	−9 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 932 000	1 606 000	3 804 000	2 412 000
Operating Profit	232 000	46 000	−133 000	410 000
Financial Income	4 000	9 000	11 000	0
Financial Costs	9 000	4 000	4 000	2 000
Financial Balance	−5 000	5 000	7 000	−2 000
Dividends	0	0	0	0
Net Income	176 000	40 000	−126 000	357 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	19 000	39 000
Total Fixed Assets	0	0	19 000	39 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	99 000	580 000	1 127 000	60 000
Total Current Assets	1 721 000	675 000	1 583 000	1 252 000
Total Assets	1 721 000	675 000	1 602 000	1 291 000
Total Equity	641 000	465 000	424 000	550 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	172 000	1 075 000	450 000
Unpaid Taxes	130 000	0	5 000	5 000
Dividends	0	0	0	0
Other Current Debt	898 000	27 000	64 000	234 000
Total Current Debt	1 080 000	210 000	1 178 000	741 000
Total Equity and Debt	1 721 000	675 000	1 602 000	1 291 000

Financial indicators	2021	2020	2019	2018
Return on Equity	27,46 %	8,6 %	−29,72 %	64,91 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,72 %	2,78 %	−3,62 %	14,53 %
Current Ratio	1,59	3,21	1,34	1,69
Quick Ratio	1,59	3,21	1,34	1,69
Equity Ratio	0,37	0,69	0,26	0,43
Gross Profit Margin	59,08 %	13,13 %	14,05 %	37,6 %