HØVÅG BYGG EIENDOM AS

4770 HØVÅG

Finances

Share Ownership

Return on Equity

38,93 %

Current Ratio

0,87

Debt-to-Equity Ratio

12,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 332 000	401 000	135 000	73 000
Net Income	58 000	−8 000	28 000	61 000
Total Assets	2 209 000	2 407 000	115 000	92 000
Total Equity	149 000	91 000	99 000	71 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 332 000	401 000	135 000	73 000
Expenditure	3 211 000	368 000	107 000	12 000
Operating Profit	122 000	33 000	28 000	61 000
Financial Income	0	0	0	0
Financial Costs	64 000	41 000	0	0
Financial Balance	−64 000	−41 000	0	0
Earnings Before Tax	58 000	−8 000	28 000	61 000
Tax	0	0	0	0
Net Income	58 000	−8 000	28 000	61 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 046 000	2 105 000	10 000	0
Total Current Assets	162 000	302 000	105 000	92 000
Total Assets	2 209 000	2 407 000	115 000	92 000
Total Retained Equity	49 000	−9 000	−1 000	−29 000
Total Equity	149 000	91 000	99 000	71 000
Total Long-Term Debt	1 874 000	1 990 000	0	0
Total Current Debt	186 000	326 000	17 000	21 000
Total Equity and Debt	2 209 000	2 407 000	115 000	92 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 183 000	257 000	0	1 000
Other Income	149 000	144 000	135 000	72 000
Revenue	3 332 000	401 000	135 000	73 000
Cost of Goods Sold	3 068 000	252 000	0	0
Salary Costs	0	0	0	0
Depreciation	72 000	72 000	0	0
Impairment	0	0	0	0
Expenditure	3 211 000	368 000	107 000	12 000
Operating Profit	122 000	33 000	28 000	61 000
Financial Income	0	0	0	0
Financial Costs	64 000	41 000	0	0
Financial Balance	−64 000	−41 000	0	0
Dividends	0	0	0	0
Net Income	58 000	−8 000	28 000	61 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 010 000	2 082 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 010 000	2 082 000	0	0
Total Fiancial Fixed Assets	36 000	23 000	10 000	0
Total Fixed Assets	2 046 000	2 105 000	10 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	44 000	12 000	90 000	2 000
Total Current Assets	162 000	302 000	105 000	92 000
Total Assets	2 209 000	2 407 000	115 000	92 000
Total Equity	149 000	91 000	99 000	71 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 874 000	1 990 000	0	0
Creditors	118 000	266 000	15 000	4 000
Unpaid Taxes	66 000	0	1 000	18 000
Dividends	0	0	0	0
Other Current Debt	2 000	60 000	0	0
Total Current Debt	186 000	326 000	17 000	21 000
Total Equity and Debt	2 209 000	2 407 000	115 000	92 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,93 %	−8,79 %	28,28 %	85,92 %
Debt-to-Equity Ratio	12,58	21,87	0	0
Operating Profit Margin	3,66 %	8,23 %	20,74 %	83,56 %
Current Ratio	0,87	0,93	6,18	4,38
Quick Ratio	0,87	0,93	6,18	4,38
Equity Ratio	0,07	0,04	0,86	0,77
Gross Profit Margin	7,92 %	37,16 %	100 %	100 %