HOVINDTUNET AS

3263 LARVIK

Finances

Return on Equity

126,03 %

Current Ratio

1,93

Debt-to-Equity Ratio

0,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	40 000	29 000	0
Net Income	3 089 000	−45 000	−101 000	−51 000
Total Assets	7 663 000	4 575 000	4 621 000	2 621 000
Total Equity	2 451 000	2 475 000	2 519 000	2 621 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	40 000	29 000	0
Expenditure	24 000	85 000	131 000	51 000
Operating Profit	−24 000	−45 000	−102 000	−51 000
Financial Income	3 112 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	3 112 000	0	0	0
Earnings Before Tax	3 089 000	−45 000	−101 000	−51 000
Tax	0	0	0	0
Net Income	3 089 000	−45 000	−101 000	−51 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 671 000	1 671 000	1 671 000	1 671 000
Total Current Assets	5 992 000	2 904 000	2 950 000	950 000
Total Assets	7 663 000	4 575 000	4 621 000	2 621 000
Total Retained Equity	2 411 000	2 435 000	2 479 000	2 581 000
Total Equity	2 451 000	2 475 000	2 519 000	2 621 000
Total Long-Term Debt	2 100 000	2 100 000	2 100 000	0
Total Current Debt	3 112 000	0	1 000	0
Total Equity and Debt	7 663 000	4 575 000	4 621 000	2 621 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	40 000	29 000	0
Revenue	0	40 000	29 000	0
Cost of Goods Sold	0	40 000	29 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	24 000	85 000	131 000	51 000
Operating Profit	−24 000	−45 000	−102 000	−51 000
Financial Income	3 112 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	3 112 000	0	0	0
Dividends	3 112 000	0	0	0
Net Income	3 089 000	−45 000	−101 000	−51 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 671 000	1 671 000	1 671 000	1 671 000
Total Fixed Assets	1 671 000	1 671 000	1 671 000	1 671 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	87 000	110 000	156 000	156 000
Total Current Assets	5 992 000	2 904 000	2 950 000	950 000
Total Assets	7 663 000	4 575 000	4 621 000	2 621 000
Total Equity	2 451 000	2 475 000	2 519 000	2 621 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 100 000	2 100 000	2 100 000	0
Creditors	0	0	1 000	0
Unpaid Taxes	0	0	0	0
Dividends	3 112 000	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	3 112 000	0	1 000	0
Total Equity and Debt	7 663 000	4 575 000	4 621 000	2 621 000

Financial indicators	2022	2021	2020	2019
Return on Equity	126,03 %	−1,82 %	−4,01 %	−1,95 %
Debt-to-Equity Ratio	0,86	0,85	0,83	0
Operating Profit Margin	-	−112,5 %	−351,72 %	-
Current Ratio	1,93	-	2 950	-
Quick Ratio	1,93	-	2 950	-
Equity Ratio	0,32	0,54	0,55	1
Gross Profit Margin	-	0 %	0 %	-