HOV SØR AS

3511 HØNEFOSS

Finances

Share Ownership

Return on Equity

40,97 %

Current Ratio

1,19

Debt-to-Equity Ratio

4,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 595 000	2 506 000	2 464 000	2 420 000
Net Income	1 325 000	1 373 000	1 149 000	1 218 000
Total Assets	19 739 000	19 240 000	20 796 000	20 188 000
Total Equity	3 234 000	3 223 000	3 197 000	3 153 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 595 000	2 506 000	2 464 000	2 420 000
Expenditure	501 000	480 000	491 000	457 000
Operating Profit	2 094 000	2 027 000	1 974 000	1 963 000
Financial Income	0	0	0	0
Financial Costs	396 000	266 000	501 000	402 000
Financial Balance	−396 000	−266 000	−501 000	−402 000
Earnings Before Tax	1 698 000	1 760 000	1 473 000	1 561 000
Tax	374 000	387 000	324 000	344 000
Net Income	1 325 000	1 373 000	1 149 000	1 218 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 602 000	17 901 000	18 200 000	18 499 000
Total Current Assets	2 137 000	1 339 000	2 596 000	1 690 000
Total Assets	19 739 000	19 240 000	20 796 000	20 188 000
Total Retained Equity	1 529 000	1 518 000	1 492 000	1 448 000
Total Equity	3 234 000	3 223 000	3 197 000	3 153 000
Total Long-Term Debt	14 710 000	14 181 000	16 082 000	15 446 000
Total Current Debt	1 795 000	1 836 000	1 517 000	1 589 000
Total Equity and Debt	19 739 000	19 240 000	20 796 000	20 188 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 595 000	2 506 000	2 464 000	2 420 000
Other Income	0	0	0	0
Revenue	2 595 000	2 506 000	2 464 000	2 420 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	299 000	299 000	299 000	299 000
Impairment	0	0	0	0
Expenditure	501 000	480 000	491 000	457 000
Operating Profit	2 094 000	2 027 000	1 974 000	1 963 000
Financial Income	0	0	0	0
Financial Costs	396 000	266 000	501 000	402 000
Financial Balance	−396 000	−266 000	−501 000	−402 000
Dividends	0	0	0	0
Net Income	1 325 000	1 373 000	1 149 000	1 218 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	17 602 000	17 901 000	18 200 000	18 499 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	17 602 000	17 901 000	18 200 000	18 499 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 602 000	17 901 000	18 200 000	18 499 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	2 137 000	1 339 000	2 596 000	1 690 000
Total Assets	19 739 000	19 240 000	20 796 000	20 188 000
Total Equity	3 234 000	3 223 000	3 197 000	3 153 000
Short-Term Group Debt	1 787 000	1 828 000	1 509 000	1 581 000
Total Long-Term Debt	14 710 000	14 181 000	16 082 000	15 446 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	8 000	8 000	8 000	8 000
Total Current Debt	1 795 000	1 836 000	1 517 000	1 589 000
Total Equity and Debt	19 739 000	19 240 000	20 796 000	20 188 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,97 %	42,6 %	35,94 %	38,63 %
Debt-to-Equity Ratio	4,55	4,4	5,03	4,9
Operating Profit Margin	80,69 %	80,89 %	80,11 %	81,12 %
Current Ratio	1,19	0,73	1,71	1,06
Quick Ratio	1,19	0,73	1,71	1,06
Equity Ratio	0,16	0,17	0,15	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %