FORM INVEST HOVDEN AS

4755 HOVDEN I SETESDAL

Finances

Return on Equity

2,47 %

Current Ratio

0,97

Debt-to-Equity Ratio

−0,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−29 000	−46 000	−54 000	−49 000
Total Assets	23 169 000	1 764 000	4 100 000	10 624 000
Total Equity	−1 172 000	−1 142 000	−1 097 000	−1 043 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	29 000	46 000	54 000	49 000
Operating Profit	−29 000	−46 000	−54 000	−49 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−29 000	−46 000	−54 000	−49 000
Tax	0	0	0	0
Net Income	−29 000	−46 000	−54 000	−49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	65 000	65 000	65 000	65 000
Total Current Assets	23 104 000	1 699 000	4 035 000	10 559 000
Total Assets	23 169 000	1 764 000	4 100 000	10 624 000
Total Retained Equity	−1 272 000	−1 242 000	−1 197 000	−1 143 000
Total Equity	−1 172 000	−1 142 000	−1 097 000	−1 043 000
Total Long-Term Debt	545 000	0	3 813 000	11 658 000
Total Current Debt	23 795 000	2 907 000	1 383 000	8 000
Total Equity and Debt	23 169 000	1 764 000	4 100 000	10 624 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	29 000	46 000	54 000	49 000
Operating Profit	−29 000	−46 000	−54 000	−49 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−29 000	−46 000	−54 000	−49 000

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	65 000	65 000	65 000	65 000
Total Fixed Assets	65 000	65 000	65 000	65 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 000	18 000	2 000	26 000
Total Current Assets	23 104 000	1 699 000	4 035 000	10 559 000
Total Assets	23 169 000	1 764 000	4 100 000	10 624 000
Total Equity	−1 172 000	−1 142 000	−1 097 000	−1 043 000
Short-Term Group Debt	430 000	0	0	0
Total Long-Term Debt	545 000	0	3 813 000	11 658 000
Creditors	0	6 000	26 000	8 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	23 365 000	2 901 000	1 358 000	0
Total Current Debt	23 795 000	2 907 000	1 383 000	8 000
Total Equity and Debt	23 169 000	1 764 000	4 100 000	10 624 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,47 %	4,03 %	4,92 %	4,7 %
Debt-to-Equity Ratio	−0,47	−0	−3,48	−11,18
Operating Profit Margin	-	-	-	-
Current Ratio	0,97	0,58	2,92	1 319,88
Quick Ratio	0,97	0,58	2,92	1 319,88
Equity Ratio	−0,05	−0,65	−0,27	−0,1
Gross Profit Margin	-	-	-	-