HØVÅGVEIEN 10 AS

4612 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

8,47 %

Current Ratio

0,02

Debt-to-Equity Ratio

−3,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	234 000	228 000	147 000	106 000
Net Income	−412 000	−230 000	−2 015 000	−474 000
Total Assets	16 646 000	15 281 000	14 082 000	8 161 000
Total Equity	−4 865 000	−4 453 000	−4 224 000	−2 208 000

Income (NOK)	2022	2021	2020	2019
Revenue	234 000	228 000	147 000	106 000
Expenditure	85 000	102 000	98 000	138 000
Operating Profit	148 000	126 000	50 000	−33 000
Financial Income	3 000	1 000	13 000	0
Financial Costs	563 000	356 000	2 077 000	441 000
Financial Balance	−560 000	−355 000	−2 064 000	−441 000
Earnings Before Tax	−412 000	−230 000	−2 015 000	−474 000
Tax	0	0	0	0
Net Income	−412 000	−230 000	−2 015 000	−474 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 515 000	15 220 000	13 998 000	8 123 000
Total Current Assets	131 000	62 000	85 000	38 000
Total Assets	16 646 000	15 281 000	14 082 000	8 161 000
Total Retained Equity	−7 925 000	−7 513 000	−4 384 000	−2 368 000
Total Equity	−4 865 000	−4 453 000	−4 224 000	−2 208 000
Total Long-Term Debt	14 845 000	14 845 000	14 845 000	9 333 000
Total Current Debt	6 666 000	4 889 000	3 461 000	1 036 000
Total Equity and Debt	16 646 000	15 281 000	14 082 000	8 161 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	234 000	228 000	147 000	106 000
Revenue	234 000	228 000	147 000	106 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	85 000	102 000	98 000	138 000
Operating Profit	148 000	126 000	50 000	−33 000
Financial Income	3 000	1 000	13 000	0
Financial Costs	563 000	356 000	2 077 000	441 000
Financial Balance	−560 000	−355 000	−2 064 000	−441 000
Dividends	0	0	0	0
Net Income	−412 000	−230 000	−2 015 000	−474 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 515 000	15 220 000	13 998 000	8 123 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	16 515 000	15 220 000	13 998 000	8 123 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 515 000	15 220 000	13 998 000	8 123 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	111 000	42 000	65 000	13 000
Total Current Assets	131 000	62 000	85 000	38 000
Total Assets	16 646 000	15 281 000	14 082 000	8 161 000
Total Equity	−4 865 000	−4 453 000	−4 224 000	−2 208 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 845 000	14 845 000	14 845 000	9 333 000
Creditors	101 000	116 000	52 000	266 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 565 000	4 774 000	3 409 000	770 000
Total Current Debt	6 666 000	4 889 000	3 461 000	1 036 000
Total Equity and Debt	16 646 000	15 281 000	14 082 000	8 161 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,47 %	5,17 %	47,7 %	21,47 %
Debt-to-Equity Ratio	−3,05	−3,33	−3,51	−4,23
Operating Profit Margin	63,25 %	55,26 %	34,01 %	−31,13 %
Current Ratio	0,02	0,01	0,02	0,04
Quick Ratio	0,02	0,01	0,02	0,04
Equity Ratio	−0,29	−0,29	−0,3	−0,27
Gross Profit Margin	100 %	100 %	100 %	100 %