HOV BIOVARME AS

2860 HOV

Finances

Share Ownership

Return on Equity

7,29 %

Current Ratio

2,83

Debt-to-Equity Ratio

2,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 429 000	1 130 000	328 000	0
Net Income	130 000	55 000	−281 000	−37 000
Total Assets	5 986 000	6 626 000	7 615 000	1 908 000
Total Equity	1 783 000	1 653 000	1 598 000	1 879 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 429 000	1 130 000	328 000	0
Expenditure	1 081 000	873 000	361 000	103 000
Operating Profit	349 000	257 000	−32 000	−103 000
Financial Income	0	0	0	1 000
Financial Costs	219 000	202 000	164 000	0
Financial Balance	−219 000	−202 000	−164 000	1 000
Earnings Before Tax	130 000	55 000	−196 000	−102 000
Tax	0	0	42 000	−10 000
Net Income	130 000	55 000	−281 000	−37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 240 000	5 526 000	5 615 000	94 000
Total Current Assets	746 000	1 100 000	2 000 000	1 813 000
Total Assets	5 986 000	6 626 000	7 615 000	1 908 000
Total Retained Equity	−203 000	−333 000	−388 000	−107 000
Total Equity	1 783 000	1 653 000	1 598 000	1 879 000
Total Long-Term Debt	3 939 000	4 559 000	4 800 000	0
Total Current Debt	264 000	414 000	1 217 000	28 000
Total Equity and Debt	5 986 000	6 626 000	7 615 000	1 908 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 429 000	1 130 000	192 000	0
Other Income	0	0	136 000	0
Revenue	1 429 000	1 130 000	328 000	0
Cost of Goods Sold	648 000	65 000	0	0
Salary Costs	39 000	39 000	83 000	0
Depreciation	286 000	283 000	71 000	0
Impairment	0	0	0	0
Expenditure	1 081 000	873 000	361 000	103 000
Operating Profit	349 000	257 000	−32 000	−103 000
Financial Income	0	0	0	1 000
Financial Costs	219 000	202 000	164 000	0
Financial Balance	−219 000	−202 000	−164 000	1 000
Dividends	0	0	0	0
Net Income	130 000	55 000	−281 000	−37 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	30 000
Real Eastate	3 356 000	3 535 000	3 665 000	64 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 884 000	1 991 000	1 950 000	0
Total Tangible Assets	5 240 000	5 526 000	5 615 000	64 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 240 000	5 526 000	5 615 000	94 000
Stock	38 000	32 000	0	0
Total Investments	0	0	0	0
Cash, Bank	502 000	975 000	768 000	1 813 000
Total Current Assets	746 000	1 100 000	2 000 000	1 813 000
Total Assets	5 986 000	6 626 000	7 615 000	1 908 000
Total Equity	1 783 000	1 653 000	1 598 000	1 879 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 939 000	4 559 000	4 800 000	0
Creditors	316 000	335 000	1 209 000	28 000
Unpaid Taxes	−65 000	−7 000	0	0
Dividends	0	0	0	0
Other Current Debt	13 000	86 000	7 000	0
Total Current Debt	264 000	414 000	1 217 000	28 000
Total Equity and Debt	5 986 000	6 626 000	7 615 000	1 908 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,29 %	3,33 %	−17,58 %	−1,97 %
Debt-to-Equity Ratio	2,21	2,76	3	0
Operating Profit Margin	24,42 %	22,74 %	−9,76 %	-
Current Ratio	2,83	2,66	1,64	64,75
Quick Ratio	3,3	2,88	1,64	64,75
Equity Ratio	0,3	0,25	0,21	0,98
Gross Profit Margin	54,65 %	94,25 %	100 %	-