HOVHOLT BORETTSLAG

3916 PORSGRUNN

Finances

Share Ownership

Return on Equity

18,44 %

Current Ratio

7,57

Debt-to-Equity Ratio

13,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	362 000	359 000	342 000	294 000
Net Income	85 000	−148 000	101 000	45 000
Total Assets	6 795 000	6 794 000	7 041 000	7 034 000
Total Equity	461 000	376 000	524 000	423 000

Income (NOK)	2022	2021	2020	2019
Revenue	362 000	359 000	342 000	294 000
Expenditure	165 000	427 000	147 000	139 000
Operating Profit	197 000	−68 000	195 000	155 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	113 000	80 000	94 000	111 000
Financial Balance	−112 000	−80 000	−93 000	−110 000
Earnings Before Tax	85 000	−148 000	101 000	45 000
Tax	0	0	0	0
Net Income	85 000	−148 000	101 000	45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 689 000	6 689 000	6 689 000	6 689 000
Total Current Assets	106 000	105 000	351 000	344 000
Total Assets	6 795 000	6 794 000	7 041 000	7 034 000
Total Retained Equity	441 000	356 000	504 000	403 000
Total Equity	461 000	376 000	524 000	423 000
Total Long-Term Debt	6 320 000	6 406 000	6 505 000	6 599 000
Total Current Debt	14 000	13 000	12 000	12 000
Total Equity and Debt	6 795 000	6 794 000	7 041 000	7 034 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	362 000	359 000	342 000	294 000
Revenue	362 000	359 000	342 000	294 000
Cost of Goods Sold	0	0	0	0
Salary Costs	12 000	10 000	10 000	10 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	165 000	427 000	147 000	139 000
Operating Profit	197 000	−68 000	195 000	155 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	113 000	80 000	94 000	111 000
Financial Balance	−112 000	−80 000	−93 000	−110 000
Dividends	0	0	0	0
Net Income	85 000	−148 000	101 000	45 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 689 000	6 689 000	6 689 000	6 689 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 689 000	6 689 000	6 689 000	6 689 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 689 000	6 689 000	6 689 000	6 689 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	44 000	86 000	335 000	329 000
Total Current Assets	106 000	105 000	351 000	344 000
Total Assets	6 795 000	6 794 000	7 041 000	7 034 000
Total Equity	461 000	376 000	524 000	423 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 320 000	6 406 000	6 505 000	6 599 000
Creditors	13 000	12 000	11 000	10 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	0	0	1 000
Total Current Debt	14 000	13 000	12 000	12 000
Total Equity and Debt	6 795 000	6 794 000	7 041 000	7 034 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,44 %	−39,36 %	19,27 %	10,64 %
Debt-to-Equity Ratio	13,71	17,04	12,41	15,6
Operating Profit Margin	54,42 %	−18,94 %	57,02 %	52,72 %
Current Ratio	7,57	8,08	29,25	28,67
Quick Ratio	7,57	8,08	29,25	28,67
Equity Ratio	0,07	0,06	0,07	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %