HOEN INVEST AS

3300 HOKKSUND

Finances

Return on Equity

50,43 %

Current Ratio

23,46

Debt-to-Equity Ratio

1,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	536 000	165 000	294 000	504 000
Net Income	4 427 000	550 000	−53 000	−157 000
Total Assets	25 914 000	21 636 000	20 569 000	17 759 000
Total Equity	8 778 000	4 351 000	3 800 000	3 853 000

Income (NOK)	2022	2021	2020	2019
Revenue	536 000	165 000	294 000	504 000
Expenditure	369 000	203 000	192 000	233 000
Operating Profit	167 000	−38 000	102 000	271 000
Financial Income	4 418 000	693 000	121 000	−322 000
Financial Costs	128 000	105 000	269 000	106 000
Financial Balance	4 290 000	588 000	−148 000	−428 000
Earnings Before Tax	4 458 000	550 000	−45 000	−157 000
Tax	30 000	0	8 000	0
Net Income	4 427 000	550 000	−53 000	−157 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 644 000	8 653 000	8 714 000	9 469 000
Total Current Assets	20 270 000	12 983 000	11 855 000	8 290 000
Total Assets	25 914 000	21 636 000	20 569 000	17 759 000
Total Retained Equity	5 778 000	1 351 000	800 000	853 000
Total Equity	8 778 000	4 351 000	3 800 000	3 853 000
Total Long-Term Debt	16 272 000	16 484 000	15 948 000	13 053 000
Total Current Debt	864 000	801 000	820 000	852 000
Total Equity and Debt	25 914 000	21 636 000	20 569 000	17 759 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	536 000	165 000	294 000	504 000
Revenue	536 000	165 000	294 000	504 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	61 000	61 000	61 000	61 000
Impairment	0	0	0	0
Expenditure	369 000	203 000	192 000	233 000
Operating Profit	167 000	−38 000	102 000	271 000
Financial Income	4 418 000	693 000	121 000	−322 000
Financial Costs	128 000	105 000	269 000	106 000
Financial Balance	4 290 000	588 000	−148 000	−428 000
Dividends	0	0	0	0
Net Income	4 427 000	550 000	−53 000	−157 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 644 000	5 705 000	5 765 000	5 826 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 644 000	5 705 000	5 765 000	5 826 000
Total Fiancial Fixed Assets	0	2 948 000	2 948 000	3 643 000
Total Fixed Assets	5 644 000	8 653 000	8 714 000	9 469 000
Stock	0	0	0	0
Total Investments	18 090 000	12 616 000	11 000 000	8 061 000
Cash, Bank	2 014 000	300 000	793 000	228 000
Total Current Assets	20 270 000	12 983 000	11 855 000	8 290 000
Total Assets	25 914 000	21 636 000	20 569 000	17 759 000
Total Equity	8 778 000	4 351 000	3 800 000	3 853 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 272 000	16 484 000	15 948 000	13 053 000
Creditors	4 000	0	2 000	0
Unpaid Taxes	0	0	9 000	25 000
Dividends	0	0	0	0
Other Current Debt	830 000	801 000	801 000	827 000
Total Current Debt	864 000	801 000	820 000	852 000
Total Equity and Debt	25 914 000	21 636 000	20 569 000	17 759 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,43 %	12,64 %	−1,39 %	−4,07 %
Debt-to-Equity Ratio	1,85	3,79	4,2	3,39
Operating Profit Margin	31,16 %	−23,03 %	34,69 %	53,77 %
Current Ratio	23,46	16,21	14,46	9,73
Quick Ratio	23,46	16,21	14,46	9,73
Equity Ratio	0,34	0,2	0,18	0,22
Gross Profit Margin	100 %	100 %	100 %	100 %