HOVDEN FLYUTLEIE AS

4886 GRIMSTAD

Finances

Share Ownership

Return on Equity

71,55 %

Current Ratio

0,71

Debt-to-Equity Ratio

3,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 133 000	960 000	960 000	960 000
Net Income	3 650 000	123 000	101 000	90 000
Total Assets	26 193 000	3 827 000	4 372 000	4 943 000
Total Equity	5 101 000	1 451 000	1 327 000	1 227 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 133 000	960 000	960 000	960 000
Expenditure	676 000	679 000	676 000	667 000
Operating Profit	5 457 000	281 000	285 000	293 000
Financial Income	30 000	25 000	26 000	26 000
Financial Costs	808 000	148 000	181 000	205 000
Financial Balance	−778 000	−123 000	−155 000	−179 000
Earnings Before Tax	4 680 000	158 000	129 000	115 000
Tax	1 030 000	35 000	28 000	25 000
Net Income	3 650 000	123 000	101 000	90 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 220 000	2 616 000	3 223 000	3 864 000
Total Current Assets	973 000	1 211 000	1 150 000	1 079 000
Total Assets	26 193 000	3 827 000	4 372 000	4 943 000
Total Retained Equity	4 356 000	706 000	583 000	482 000
Total Equity	5 101 000	1 451 000	1 327 000	1 227 000
Total Long-Term Debt	19 716 000	989 000	1 767 000	2 532 000
Total Current Debt	1 376 000	1 387 000	1 278 000	1 184 000
Total Equity and Debt	26 193 000	3 827 000	4 372 000	4 943 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 520 000	960 000	960 000	0
Other Income	4 613 000	0	0	960 000
Revenue	6 133 000	960 000	960 000	960 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	571 000	642 000	642 000	642 000
Impairment	0	0	0	0
Expenditure	676 000	679 000	676 000	667 000
Operating Profit	5 457 000	281 000	285 000	293 000
Financial Income	30 000	25 000	26 000	26 000
Financial Costs	808 000	148 000	181 000	205 000
Financial Balance	−778 000	−123 000	−155 000	−179 000
Dividends	0	0	0	0
Net Income	3 650 000	123 000	101 000	90 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	35 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	25 220 000	2 581 000	3 223 000	3 864 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	25 220 000	2 616 000	3 223 000	3 864 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	346 000	610 000	574 000	528 000
Total Current Assets	973 000	1 211 000	1 150 000	1 079 000
Total Assets	26 193 000	3 827 000	4 372 000	4 943 000
Total Equity	5 101 000	1 451 000	1 327 000	1 227 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 716 000	989 000	1 767 000	2 532 000
Creditors	0	7 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 376 000	1 286 000	1 202 000	1 124 000
Total Current Debt	1 376 000	1 387 000	1 278 000	1 184 000
Total Equity and Debt	26 193 000	3 827 000	4 372 000	4 943 000

Financial indicators	2022	2021	2020	2019
Return on Equity	71,55 %	8,48 %	7,61 %	7,33 %
Debt-to-Equity Ratio	3,87	0,68	1,33	2,06
Operating Profit Margin	88,98 %	29,27 %	29,69 %	30,52 %
Current Ratio	0,71	0,87	0,9	0,91
Quick Ratio	0,71	0,87	0,9	0,91
Equity Ratio	0,19	0,38	0,3	0,25
Gross Profit Margin	100 %	100 %	100 %	100 %