CITY HOV AS

2860 HOV

Finances

Share Ownership

Return on Equity

−17,46 %

Current Ratio

0,87

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	97 000	1 613 000	6 053 000	0
Net Income	−455 000	779 000	4 348 000	−586 000
Total Assets	4 871 000	5 213 000	5 489 000	11 530 000
Total Equity	2 606 000	3 061 000	3 282 000	−1 066 000

Income (NOK)	2022	2021	2020	2019
Revenue	97 000	1 613 000	6 053 000	0
Expenditure	716 000	618 000	643 000	291 000
Operating Profit	−619 000	995 000	5 409 000	−291 000
Financial Income	34 000	11 000	6 000	7 000
Financial Costs	0	8 000	171 000	303 000
Financial Balance	34 000	3 000	−165 000	−296 000
Earnings Before Tax	−585 000	999 000	5 245 000	−586 000
Tax	−130 000	220 000	897 000	0
Net Income	−455 000	779 000	4 348 000	−586 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 629 000	1 775 000	1 589 000	11 412 000
Total Current Assets	1 242 000	3 438 000	3 900 000	118 000
Total Assets	4 871 000	5 213 000	5 489 000	11 530 000
Total Retained Equity	2 506 000	2 961 000	3 182 000	−1 166 000
Total Equity	2 606 000	3 061 000	3 282 000	−1 066 000
Total Long-Term Debt	834 000	1 057 000	1 897 000	11 772 000
Total Current Debt	1 431 000	1 095 000	310 000	825 000
Total Equity and Debt	4 871 000	5 213 000	5 489 000	11 530 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 000	29 000	208 000	0
Other Income	63 000	1 584 000	5 844 000	0
Revenue	97 000	1 613 000	6 053 000	0
Cost of Goods Sold	233 000	27 000	215 000	0
Salary Costs	1 000	0	0	0
Depreciation	212 000	120 000	48 000	78 000
Impairment	0	0	0	0
Expenditure	716 000	618 000	643 000	291 000
Operating Profit	−619 000	995 000	5 409 000	−291 000
Financial Income	34 000	11 000	6 000	7 000
Financial Costs	0	8 000	171 000	303 000
Financial Balance	34 000	3 000	−165 000	−296 000
Dividends	0	1 000 000	0	0
Net Income	−455 000	779 000	4 348 000	−586 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 494 000	1 759 000	1 568 000	11 412 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	135 000	16 000	21 000	0
Total Tangible Assets	3 629 000	1 775 000	1 589 000	11 412 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 629 000	1 775 000	1 589 000	11 412 000
Stock	0	0	3 214 000	0
Total Investments	0	0	0	0
Cash, Bank	965 000	3 335 000	603 000	40 000
Total Current Assets	1 242 000	3 438 000	3 900 000	118 000
Total Assets	4 871 000	5 213 000	5 489 000	11 530 000
Total Equity	2 606 000	3 061 000	3 282 000	−1 066 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	834 000	1 057 000	1 897 000	11 772 000
Creditors	338 000	18 000	303 000	815 000
Unpaid Taxes	0	0	0	0
Dividends	0	1 000 000	0	0
Other Current Debt	1 000 000	17 000	7 000	10 000
Total Current Debt	1 431 000	1 095 000	310 000	825 000
Total Equity and Debt	4 871 000	5 213 000	5 489 000	11 530 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,46 %	25,45 %	132,48 %	54,97 %
Debt-to-Equity Ratio	0,32	0,35	0,58	−11,04
Operating Profit Margin	−638,14 %	61,69 %	89,36 %	-
Current Ratio	0,87	3,14	12,58	0,14
Quick Ratio	0,87	3,14	−1,34	0,14
Equity Ratio	0,54	0,59	0,6	−0,09
Gross Profit Margin	−140,21 %	98,33 %	96,45 %	-