HØVÅG TRIMMEN AS

4790 LILLESAND

Finances

Share Ownership

Return on Equity

−40,93 %

Current Ratio

3,48

Debt-to-Equity Ratio

−1,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	309 000	22 000	25 000	70 000
Net Income	149 000	−101 000	−36 000	27 000
Total Assets	258 000	50 000	86 000	167 000
Total Equity	−364 000	−513 000	−412 000	−636 000

Income (NOK)	2022	2021	2020	2019
Revenue	309 000	22 000	25 000	70 000
Expenditure	161 000	123 000	61 000	44 000
Operating Profit	148 000	−101 000	−36 000	27 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	149 000	−101 000	−36 000	27 000
Tax	0	0	0	0
Net Income	149 000	−101 000	−36 000	27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 000	30 000	51 000	71 000
Total Current Assets	223 000	20 000	35 000	96 000
Total Assets	258 000	50 000	86 000	167 000
Total Retained Equity	−604 000	−753 000	−652 000	−876 000
Total Equity	−364 000	−513 000	−412 000	−636 000
Total Long-Term Debt	558 000	558 000	498 000	498 000
Total Current Debt	64 000	4 000	0	305 000
Total Equity and Debt	258 000	50 000	86 000	167 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	309 000	22 000	25 000	70 000
Other Income	0	0	0	0
Revenue	309 000	22 000	25 000	70 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	26 000	21 000	21 000	21 000
Impairment	0	0	0	0
Expenditure	161 000	123 000	61 000	44 000
Operating Profit	148 000	−101 000	−36 000	27 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	149 000	−101 000	−36 000	27 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	36 000	30 000	51 000	71 000
Fixtures	0	0	0	0
Total Tangible Assets	36 000	30 000	51 000	71 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	36 000	30 000	51 000	71 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	199 000	19 000	35 000	51 000
Total Current Assets	223 000	20 000	35 000	96 000
Total Assets	258 000	50 000	86 000	167 000
Total Equity	−364 000	−513 000	−412 000	−636 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	558 000	558 000	498 000	498 000
Creditors	64 000	4 000	0	305 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	64 000	4 000	0	305 000
Total Equity and Debt	258 000	50 000	86 000	167 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−40,93 %	19,69 %	8,74 %	−4,25 %
Debt-to-Equity Ratio	−1,53	−1,09	−1,21	−0,78
Operating Profit Margin	47,9 %	−459,09 %	−144 %	38,57 %
Current Ratio	3,48	5	-	0,31
Quick Ratio	3,48	5	-	0,31
Equity Ratio	−1,41	−10,26	−4,79	−3,81
Gross Profit Margin	100 %	100 %	100 %	100 %