HOVDAL HOLDING AS

7633 FROSTA

Finances

Return on Equity

−27,7 %

Current Ratio

3,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	145 000	163 000	2 209 000	467 000
Net Income	−1 580 000	1 650 000	2 804 000	123 000
Total Assets	6 516 000	10 884 000	9 300 000	4 287 000
Total Equity	5 703 000	7 283 000	5 633 000	2 829 000

Income (NOK)	2022	2021	2020	2019
Revenue	145 000	163 000	2 209 000	467 000
Expenditure	324 000	352 000	1 079 000	341 000
Operating Profit	−179 000	−189 000	1 130 000	127 000
Financial Income	827 000	1 945 000	2 032 000	65 000
Financial Costs	2 263 000	152 000	102 000	52 000
Financial Balance	−1 436 000	1 793 000	1 930 000	13 000
Earnings Before Tax	−1 615 000	1 605 000	3 060 000	140 000
Tax	−36 000	−45 000	256 000	17 000
Net Income	−1 580 000	1 650 000	2 804 000	123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 587 000	3 641 000	3 271 000	2 882 000
Total Current Assets	2 929 000	7 243 000	6 030 000	1 404 000
Total Assets	6 516 000	10 884 000	9 300 000	4 287 000
Total Retained Equity	3 292 000	4 872 000	3 223 000	418 000
Total Equity	5 703 000	7 283 000	5 633 000	2 829 000
Total Long-Term Debt	0	1 365 000	1 380 000	1 365 000
Total Current Debt	813 000	2 236 000	2 287 000	93 000
Total Equity and Debt	6 516 000	10 884 000	9 300 000	4 287 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	145 000	149 000	2 189 000	434 000
Other Income	0	14 000	19 000	33 000
Revenue	145 000	163 000	2 209 000	467 000
Cost of Goods Sold	45 000	0	751 000	0
Salary Costs	0	0	0	0
Depreciation	12 000	15 000	18 000	22 000
Impairment	0	0	0	0
Expenditure	324 000	352 000	1 079 000	341 000
Operating Profit	−179 000	−189 000	1 130 000	127 000
Financial Income	827 000	1 945 000	2 032 000	65 000
Financial Costs	2 263 000	152 000	102 000	52 000
Financial Balance	−1 436 000	1 793 000	1 930 000	13 000
Dividends	0	0	0	0
Net Income	−1 580 000	1 650 000	2 804 000	123 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	65 000	30 000	0	39 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	13 000	25 000
Fixtures	661 000	1 000	7 000	13 000
Total Tangible Assets	661 000	1 000	20 000	38 000
Total Fiancial Fixed Assets	2 860 000	3 610 000	3 250 000	2 805 000
Total Fixed Assets	3 587 000	3 641 000	3 271 000	2 882 000
Stock	0	0	0	751 000
Total Investments	1 025 000	5 068 000	3 788 000	0
Cash, Bank	1 628 000	63 000	140 000	616 000
Total Current Assets	2 929 000	7 243 000	6 030 000	1 404 000
Total Assets	6 516 000	10 884 000	9 300 000	4 287 000
Total Equity	5 703 000	7 283 000	5 633 000	2 829 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 365 000	1 380 000	1 365 000
Creditors	813 000	20 000	0	0
Unpaid Taxes	0	0	0	70 000
Dividends	0	0	0	0
Other Current Debt	0	2 216 000	2 086 000	23 000
Total Current Debt	813 000	2 236 000	2 287 000	93 000
Total Equity and Debt	6 516 000	10 884 000	9 300 000	4 287 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,7 %	22,66 %	49,78 %	4,35 %
Debt-to-Equity Ratio	0	0,19	0,24	0,48
Operating Profit Margin	−123,45 %	−115,95 %	51,15 %	27,19 %
Current Ratio	3,6	3,24	2,64	15,1
Quick Ratio	3,6	3,24	2,64	−2,13
Equity Ratio	0,88	0,67	0,61	0,66
Gross Profit Margin	68,97 %	100 %	66 %	100 %