HOVSVEIEN 10 EIENDOM AS

6600 SUNNDALSØRA

Finances

Share Ownership

Return on Equity

3,4 %

Current Ratio

2,12

Debt-to-Equity Ratio

5,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	464 000	957 000	1 844 000	1 508 000
Net Income	11 000	4 000	83 000	43 000
Total Assets	2 133 000	2 312 000	2 529 000	2 633 000
Total Equity	324 000	313 000	309 000	226 000

Income (NOK)	2022	2021	2020	2019
Revenue	464 000	957 000	1 844 000	1 508 000
Expenditure	341 000	882 000	1 661 000	1 358 000
Operating Profit	123 000	75 000	184 000	150 000
Financial Income	0	0	0	0
Financial Costs	108 000	68 000	76 000	93 000
Financial Balance	−108 000	−68 000	−76 000	−93 000
Earnings Before Tax	15 000	7 000	108 000	56 000
Tax	4 000	3 000	25 000	13 000
Net Income	11 000	4 000	83 000	43 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 802 000	1 756 000	1 602 000	1 705 000
Total Current Assets	330 000	556 000	928 000	928 000
Total Assets	2 133 000	2 312 000	2 529 000	2 633 000
Total Retained Equity	222 000	211 000	207 000	124 000
Total Equity	324 000	313 000	309 000	226 000
Total Long-Term Debt	1 652 000	1 694 000	1 444 000	1 476 000
Total Current Debt	156 000	305 000	776 000	931 000
Total Equity and Debt	2 133 000	2 312 000	2 529 000	2 633 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	164 000	751 000	1 779 000	1 461 000
Other Income	300 000	206 000	66 000	47 000
Revenue	464 000	957 000	1 844 000	1 508 000
Cost of Goods Sold	124 000	362 000	763 000	474 000
Salary Costs	0	132 000	460 000	386 000
Depreciation	101 000	95 000	95 000	83 000
Impairment	0	0	0	0
Expenditure	341 000	882 000	1 661 000	1 358 000
Operating Profit	123 000	75 000	184 000	150 000
Financial Income	0	0	0	0
Financial Costs	108 000	68 000	76 000	93 000
Financial Balance	−108 000	−68 000	−76 000	−93 000
Dividends	0	0	0	0
Net Income	11 000	4 000	83 000	43 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 624 000	1 551 000	1 509 000	1 576 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	169 000	195 000	49 000	51 000
Total Tangible Assets	1 792 000	1 746 000	1 558 000	1 628 000
Total Fiancial Fixed Assets	10 000	10 000	43 000	77 000
Total Fixed Assets	1 802 000	1 756 000	1 602 000	1 705 000
Stock	383 000	496 000	558 000	494 000
Total Investments	0	0	0	0
Cash, Bank	−98 000	−102 000	−46 000	0
Total Current Assets	330 000	556 000	928 000	928 000
Total Assets	2 133 000	2 312 000	2 529 000	2 633 000
Total Equity	324 000	313 000	309 000	226 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 652 000	1 694 000	1 444 000	1 476 000
Creditors	30 000	25 000	268 000	232 000
Unpaid Taxes	0	19 000	96 000	72 000
Dividends	0	0	0	0
Other Current Debt	120 000	260 000	404 000	524 000
Total Current Debt	156 000	305 000	776 000	931 000
Total Equity and Debt	2 133 000	2 312 000	2 529 000	2 633 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,4 %	1,28 %	26,86 %	19,03 %
Debt-to-Equity Ratio	5,1	5,41	4,67	6,53
Operating Profit Margin	26,51 %	7,84 %	9,98 %	9,95 %
Current Ratio	2,12	1,82	1,2	1
Quick Ratio	−1,45	−2,91	4,26	2,12
Equity Ratio	0,15	0,14	0,12	0,09
Gross Profit Margin	73,28 %	62,17 %	58,62 %	68,57 %