HØVDINGPLASSEN AS

7079 FLATÅSEN

Finances

Return on Equity

13,65 %

Current Ratio

0,43

Debt-to-Equity Ratio

2,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 676 000	4 492 000	4 498 000	4 222 000
Net Income	1 868 000	1 617 000	−3 274 000	1 404 000
Total Assets	47 345 000	48 906 000	76 984 000	71 113 000
Total Equity	13 686 000	16 318 000	16 701 000	18 680 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 676 000	4 492 000	4 498 000	4 222 000
Expenditure	1 100 000	1 268 000	3 944 000	1 079 000
Operating Profit	3 575 000	3 222 000	554 000	3 142 000
Financial Income	0	11 000	25 708 000	0
Financial Costs	1 181 000	1 160 000	23 666 000	1 342 000
Financial Balance	−1 181 000	−1 149 000	2 042 000	−1 342 000
Earnings Before Tax	2 394 000	2 073 000	2 595 000	1 800 000
Tax	527 000	456 000	5 869 000	396 000
Net Income	1 868 000	1 617 000	−3 274 000	1 404 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	45 982 000	46 511 000	46 524 000	69 571 000
Total Current Assets	1 363 000	2 395 000	30 459 000	1 541 000
Total Assets	47 345 000	48 906 000	76 984 000	71 113 000
Total Retained Equity	13 586 000	16 218 000	16 601 000	18 580 000
Total Equity	13 686 000	16 318 000	16 701 000	18 680 000
Total Long-Term Debt	30 500 000	28 000 000	30 000 000	28 823 000
Total Current Debt	3 159 000	4 588 000	30 283 000	23 610 000
Total Equity and Debt	47 345 000	48 906 000	76 984 000	71 113 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 000	10 000	150 000	0
Other Income	4 656 000	4 481 000	4 348 000	4 222 000
Revenue	4 676 000	4 492 000	4 498 000	4 222 000
Cost of Goods Sold	463 000	559 000	551 000	517 000
Salary Costs	0	0	0	0
Depreciation	1 266 000	1 266 000	1 266 000	1 251 000
Impairment	−995 000	−995 000	−995 000	−995 000
Expenditure	1 100 000	1 268 000	3 944 000	1 079 000
Operating Profit	3 575 000	3 222 000	554 000	3 142 000
Financial Income	0	11 000	25 708 000	0
Financial Costs	1 181 000	1 160 000	23 666 000	1 342 000
Financial Balance	−1 181 000	−1 149 000	2 042 000	−1 342 000
Dividends	4 500 000	2 000 000	0	500 000
Net Income	1 868 000	1 617 000	−3 274 000	1 404 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 603 000	1 899 000	2 215 000	2 797 000
Real Eastate	44 320 000	44 556 000	44 249 000	44 474 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	59 000	56 000	60 000	0
Total Tangible Assets	44 379 000	44 612 000	44 309 000	44 474 000
Total Fiancial Fixed Assets	0	0	0	22 300 000
Total Fixed Assets	45 982 000	46 511 000	46 524 000	69 571 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	286 000	1 240 000	3 619 000	465 000
Total Current Assets	1 363 000	2 395 000	30 459 000	1 541 000
Total Assets	47 345 000	48 906 000	76 984 000	71 113 000
Total Equity	13 686 000	16 318 000	16 701 000	18 680 000
Short-Term Group Debt	1 750 000	1 780 000	22 000 000	0
Total Long-Term Debt	30 500 000	28 000 000	30 000 000	28 823 000
Creditors	15 000	106 000	411 000	94 000
Unpaid Taxes	0	0	0	0
Dividends	4 500 000	2 000 000	0	500 000
Other Current Debt	663 000	562 000	2 584 000	23 016 000
Total Current Debt	3 159 000	4 588 000	30 283 000	23 610 000
Total Equity and Debt	47 345 000	48 906 000	76 984 000	71 113 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,65 %	9,91 %	−19,6 %	7,52 %
Debt-to-Equity Ratio	2,23	1,72	1,8	1,54
Operating Profit Margin	76,45 %	71,73 %	12,32 %	74,42 %
Current Ratio	0,43	0,52	1,01	0,07
Quick Ratio	0,43	0,52	1,01	0,07
Equity Ratio	0,29	0,33	0,22	0,26
Gross Profit Margin	90,1 %	87,56 %	87,75 %	87,75 %