HØVLERIVEIEN 11 AS

8622 MO I RANA

Finances

Share Ownership

Return on Equity

2,28 %

Current Ratio

0,07

Debt-to-Equity Ratio

0,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	252 000	342 000	280 000	172 000
Net Income	128 000	53 000	−8 000	−35 000
Total Assets	10 468 000	9 768 000	9 371 000	9 403 000
Total Equity	5 609 000	5 593 000	5 587 000	5 595 000

Income (NOK)	2022	2021	2020	2019
Revenue	252 000	342 000	280 000	172 000
Expenditure	−39 000	177 000	170 000	115 000
Operating Profit	291 000	165 000	109 000	56 000
Financial Income	0	0	0	0
Financial Costs	126 000	97 000	120 000	102 000
Financial Balance	−126 000	−97 000	−120 000	−102 000
Earnings Before Tax	165 000	69 000	−11 000	−45 000
Tax	36 000	15 000	−2 000	−10 000
Net Income	128 000	53 000	−8 000	−35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 352 000	9 675 000	9 326 000	9 374 000
Total Current Assets	116 000	93 000	45 000	29 000
Total Assets	10 468 000	9 768 000	9 371 000	9 403 000
Total Retained Equity	−231 000	−247 000	−253 000	−731 000
Total Equity	5 609 000	5 593 000	5 587 000	5 595 000
Total Long-Term Debt	3 220 000	3 349 000	3 478 000	3 547 000
Total Current Debt	1 640 000	826 000	306 000	262 000
Total Equity and Debt	10 468 000	9 768 000	9 371 000	9 403 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	252 000	342 000	280 000	172 000
Revenue	252 000	342 000	280 000	172 000
Cost of Goods Sold	7 000	7 000	6 000	0
Salary Costs	0	0	0	0
Depreciation	48 000	48 000	48 000	48 000
Impairment	0	0	0	0
Expenditure	−39 000	177 000	170 000	115 000
Operating Profit	291 000	165 000	109 000	56 000
Financial Income	0	0	0	0
Financial Costs	126 000	97 000	120 000	102 000
Financial Balance	−126 000	−97 000	−120 000	−102 000
Dividends	0	0	0	0
Net Income	128 000	53 000	−8 000	−35 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 948 000	8 271 000	7 922 000	7 970 000
Machinery and Plant Facilities	1 404 000	1 404 000	1 404 000	1 404 000
Fixtures	0	0	0	0
Total Tangible Assets	10 352 000	9 675 000	9 326 000	9 374 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 352 000	9 675 000	9 326 000	9 374 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 000	1 000	40 000	24 000
Total Current Assets	116 000	93 000	45 000	29 000
Total Assets	10 468 000	9 768 000	9 371 000	9 403 000
Total Equity	5 609 000	5 593 000	5 587 000	5 595 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 220 000	3 349 000	3 478 000	3 547 000
Creditors	76 000	375 000	1 000	45 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	10 000	68 000	7 000	41 000
Total Current Debt	1 640 000	826 000	306 000	262 000
Total Equity and Debt	10 468 000	9 768 000	9 371 000	9 403 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,28 %	0,95 %	−0,14 %	−0,63 %
Debt-to-Equity Ratio	0,57	0,6	0,62	0,63
Operating Profit Margin	115,48 %	48,25 %	38,93 %	32,56 %
Current Ratio	0,07	0,11	0,15	0,11
Quick Ratio	0,07	0,11	0,15	0,11
Equity Ratio	0,54	0,57	0,6	0,6
Gross Profit Margin	97,22 %	97,95 %	97,86 %	100 %