HOVDE GÅRD AS

7130 BREKSTAD

Finances

Share Ownership

Return on Equity

9,21 %

Current Ratio

0,98

Debt-to-Equity Ratio

1,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 252 000	21 168 000	14 348 000	20 374 000
Net Income	1 835 000	900 000	−7 428 000	112 000
Total Assets	50 664 000	48 428 000	50 819 000	57 492 000
Total Equity	19 919 000	18 084 000	17 184 000	24 612 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 252 000	21 168 000	14 348 000	20 374 000
Expenditure	23 819 000	18 821 000	15 981 000	18 570 000
Operating Profit	3 433 000	2 347 000	−1 634 000	1 803 000
Financial Income	1 000	0	0	0
Financial Costs	1 599 000	1 447 000	1 670 000	1 660 000
Financial Balance	−1 598 000	−1 447 000	−1 670 000	−1 660 000
Earnings Before Tax	1 835 000	900 000	−3 303 000	143 000
Tax	0	0	4 124 000	31 000
Net Income	1 835 000	900 000	−7 428 000	112 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	46 358 000	46 501 000	49 718 000	55 420 000
Total Current Assets	4 306 000	1 927 000	1 101 000	2 072 000
Total Assets	50 664 000	48 428 000	50 819 000	57 492 000
Total Retained Equity	−31 234 000	−33 069 000	−33 969 000	−26 542 000
Total Equity	19 919 000	18 084 000	17 184 000	24 612 000
Total Long-Term Debt	26 331 000	27 802 000	30 034 000	30 032 000
Total Current Debt	4 414 000	2 542 000	3 600 000	2 848 000
Total Equity and Debt	50 664 000	48 428 000	50 819 000	57 492 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 185 000	20 667 000	13 508 000	20 327 000
Other Income	67 000	500 000	840 000	48 000
Revenue	27 252 000	21 168 000	14 348 000	20 374 000
Cost of Goods Sold	5 285 000	3 251 000	2 633 000	4 103 000
Salary Costs	10 500 000	7 887 000	6 988 000	8 545 000
Depreciation	2 481 000	2 316 000	2 276 000	2 287 000
Impairment	0	0	0	0
Expenditure	23 819 000	18 821 000	15 981 000	18 570 000
Operating Profit	3 433 000	2 347 000	−1 634 000	1 803 000
Financial Income	1 000	0	0	0
Financial Costs	1 599 000	1 447 000	1 670 000	1 660 000
Financial Balance	−1 598 000	−1 447 000	−1 670 000	−1 660 000
Dividends	0	0	0	0
Net Income	1 835 000	900 000	−7 428 000	112 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	4 124 000
Real Eastate	37 083 000	38 537 000	40 307 000	41 728 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 531 000	2 950 000	3 092 000	2 948 000
Total Tangible Assets	39 614 000	41 486 000	43 398 000	44 677 000
Total Fiancial Fixed Assets	6 745 000	5 015 000	6 319 000	6 619 000
Total Fixed Assets	46 358 000	46 501 000	49 718 000	55 420 000
Stock	447 000	364 000	319 000	351 000
Total Investments	0	0	0	0
Cash, Bank	2 061 000	913 000	323 000	385 000
Total Current Assets	4 306 000	1 927 000	1 101 000	2 072 000
Total Assets	50 664 000	48 428 000	50 819 000	57 492 000
Total Equity	19 919 000	18 084 000	17 184 000	24 612 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	26 331 000	27 802 000	30 034 000	30 032 000
Creditors	2 100 000	677 000	1 307 000	551 000
Unpaid Taxes	952 000	839 000	628 000	823 000
Dividends	0	0	0	0
Other Current Debt	1 362 000	1 026 000	951 000	944 000
Total Current Debt	4 414 000	2 542 000	3 600 000	2 848 000
Total Equity and Debt	50 664 000	48 428 000	50 819 000	57 492 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,21 %	4,98 %	−43,23 %	0,46 %
Debt-to-Equity Ratio	1,32	1,54	1,75	1,22
Operating Profit Margin	12,6 %	11,09 %	−11,39 %	8,85 %
Current Ratio	0,98	0,76	0,31	0,73
Quick Ratio	1,09	0,88	0,34	0,83
Equity Ratio	0,39	0,37	0,34	0,43
Gross Profit Margin	80,61 %	84,64 %	81,65 %	79,86 %