HOVIN EIENDOM AS

3533 TYRISTRAND

Finances

Return on Equity

48,95 %

Current Ratio

3,59

Debt-to-Equity Ratio

1,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	910 000	773 000	810 000	753 000
Net Income	2 360 000	593 000	755 000	345 000
Total Assets	11 174 000	3 891 000	3 827 000	4 983 000
Total Equity	4 821 000	2 460 000	1 867 000	1 112 000

Income (NOK)	2022	2021	2020	2019
Revenue	910 000	773 000	810 000	753 000
Expenditure	251 000	248 000	285 000	276 000
Operating Profit	659 000	526 000	525 000	476 000
Financial Income	2 001 000	200 000	400 000	0
Financial Costs	181 000	20 000	67 000	104 000
Financial Balance	1 820 000	180 000	333 000	−104 000
Earnings Before Tax	2 479 000	706 000	858 000	373 000
Tax	119 000	113 000	103 000	28 000
Net Income	2 360 000	593 000	755 000	345 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 353 000	3 328 000	3 441 000	3 590 000
Total Current Assets	2 821 000	563 000	386 000	1 393 000
Total Assets	11 174 000	3 891 000	3 827 000	4 983 000
Total Retained Equity	4 716 000	2 355 000	1 762 000	1 007 000
Total Equity	4 821 000	2 460 000	1 867 000	1 112 000
Total Long-Term Debt	5 569 000	657 000	1 236 000	2 573 000
Total Current Debt	786 000	774 000	724 000	1 298 000
Total Equity and Debt	11 174 000	3 891 000	3 827 000	4 983 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	800 000	693 000	690 000	693 000
Other Income	110 000	80 000	120 000	60 000
Revenue	910 000	773 000	810 000	753 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	113 000	113 000	149 000	156 000
Impairment	0	0	0	0
Expenditure	251 000	248 000	285 000	276 000
Operating Profit	659 000	526 000	525 000	476 000
Financial Income	2 001 000	200 000	400 000	0
Financial Costs	181 000	20 000	67 000	104 000
Financial Balance	1 820 000	180 000	333 000	−104 000
Dividends	0	0	0	0
Net Income	2 360 000	593 000	755 000	345 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 338 000	3 313 000	3 426 000	3 539 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	36 000
Total Tangible Assets	8 338 000	3 313 000	3 426 000	3 575 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	15 000
Total Fixed Assets	8 353 000	3 328 000	3 441 000	3 590 000
Stock	70 000	70 000	70 000	70 000
Total Investments	0	0	0	0
Cash, Bank	2 209 000	0	0	0
Total Current Assets	2 821 000	563 000	386 000	1 393 000
Total Assets	11 174 000	3 891 000	3 827 000	4 983 000
Total Equity	4 821 000	2 460 000	1 867 000	1 112 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 569 000	657 000	1 236 000	2 573 000
Creditors	26 000	24 000	21 000	6 000
Unpaid Taxes	93 000	80 000	49 000	173 000
Dividends	0	0	0	0
Other Current Debt	549 000	515 000	504 000	741 000
Total Current Debt	786 000	774 000	724 000	1 298 000
Total Equity and Debt	11 174 000	3 891 000	3 827 000	4 983 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,95 %	24,11 %	40,44 %	31,03 %
Debt-to-Equity Ratio	1,16	0,27	0,66	2,31
Operating Profit Margin	72,42 %	68,05 %	64,81 %	63,21 %
Current Ratio	3,59	0,73	0,53	1,07
Quick Ratio	3,94	0,8	0,59	1,13
Equity Ratio	0,43	0,63	0,49	0,22
Gross Profit Margin	100 %	100 %	100 %	100 %