HOVINMOEN UTVIKLING AS

0161 OSLO

Finances

Share Ownership

Return on Equity

−1,07 %

Current Ratio

0,05

Debt-to-Equity Ratio

1,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	929 000	1 018 000
Net Income	−88 000	−240 000	597 000	731 000
Total Assets	302 377 000	71 656 000	12 834 000	12 056 000
Total Equity	8 230 000	8 317 000	10 895 000	10 893 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	929 000	1 018 000
Expenditure	159 000	198 000	152 000	104 000
Operating Profit	−159 000	−198 000	776 000	915 000
Financial Income	165 000	2 000	6 000	26 000
Financial Costs	118 000	112 000	17 000	2 000
Financial Balance	47 000	−110 000	−11 000	24 000
Earnings Before Tax	−113 000	−308 000	765 000	938 000
Tax	−25 000	−68 000	168 000	207 000
Net Income	−88 000	−240 000	597 000	731 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	287 869 000	71 511 000	11 979 000	10 647 000
Total Current Assets	14 509 000	145 000	856 000	1 409 000
Total Assets	302 377 000	71 656 000	12 834 000	12 056 000
Total Retained Equity	−88 000	0	8 765 000	8 763 000
Total Equity	8 230 000	8 317 000	10 895 000	10 893 000
Total Long-Term Debt	13 354 000	9 355 000	1 017 000	0
Total Current Debt	280 794 000	53 983 000	922 000	1 162 000
Total Equity and Debt	302 377 000	71 656 000	12 834 000	12 056 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	929 000	1 018 000
Revenue	0	0	929 000	1 018 000
Cost of Goods Sold	0	0	22 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	159 000	198 000	152 000	104 000
Operating Profit	−159 000	−198 000	776 000	915 000
Financial Income	165 000	2 000	6 000	26 000
Financial Costs	118 000	112 000	17 000	2 000
Financial Balance	47 000	−110 000	−11 000	24 000
Dividends	0	34 000 000	0	0
Net Income	−88 000	−240 000	597 000	731 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	93 000	68 000	0	0
Real Eastate	287 776 000	71 443 000	11 979 000	10 647 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	287 776 000	71 443 000	11 979 000	10 647 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	287 869 000	71 511 000	11 979 000	10 647 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 585 000	145 000	856 000	1 269 000
Total Current Assets	14 509 000	145 000	856 000	1 409 000
Total Assets	302 377 000	71 656 000	12 834 000	12 056 000
Total Equity	8 230 000	8 317 000	10 895 000	10 893 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 354 000	9 355 000	1 017 000	0
Creditors	23 208 000	934 000	82 000	187 000
Unpaid Taxes	0	0	0	0
Dividends	0	34 000 000	0	0
Other Current Debt	0	53 049 000	840 000	975 000
Total Current Debt	280 794 000	53 983 000	922 000	1 162 000
Total Equity and Debt	302 377 000	71 656 000	12 834 000	12 056 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,07 %	−2,89 %	5,48 %	6,71 %
Debt-to-Equity Ratio	1,62	1,12	0,09	0
Operating Profit Margin	-	-	83,53 %	89,88 %
Current Ratio	0,05	0	0,93	1,21
Quick Ratio	0,05	0	0,93	1,21
Equity Ratio	0,03	0,12	0,85	0,9
Gross Profit Margin	-	-	97,63 %	100 %