HOVLAND TREVAREFABRIKK AS

4375 HELLVIK

Finances

Return on Equity

108,15 %

Current Ratio

1,03

Debt-to-Equity Ratio

3,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 916 000	25 048 000	22 690 000	24 297 000
Net Income	730 000	−339 000	−831 000	242 000
Total Assets	10 492 000	8 670 000	8 408 000	9 188 000
Total Equity	675 000	−56 000	283 000	1 114 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 916 000	25 048 000	22 690 000	24 297 000
Expenditure	28 026 000	25 614 000	23 174 000	23 511 000
Operating Profit	1 012 000	−162 000	−626 000	480 000
Financial Income	38 000	81 000	69 000	33 000
Financial Costs	320 000	257 000	274 000	271 000
Financial Balance	−282 000	−176 000	−205 000	−238 000
Earnings Before Tax	730 000	−339 000	−831 000	242 000
Tax	0	0	0	0
Net Income	730 000	−339 000	−831 000	242 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 714 000	2 883 000	3 090 000	3 596 000
Total Current Assets	7 778 000	5 788 000	5 319 000	5 592 000
Total Assets	10 492 000	8 670 000	8 408 000	9 188 000
Total Retained Equity	−373 000	−1 103 000	−764 000	67 000
Total Equity	675 000	−56 000	283 000	1 114 000
Total Long-Term Debt	2 272 000	1 580 000	1 888 000	2 196 000
Total Current Debt	7 546 000	7 146 000	6 237 000	5 878 000
Total Equity and Debt	10 492 000	8 670 000	8 408 000	9 188 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 916 000	24 948 000	22 690 000	24 297 000
Other Income	0	100 000	0	0
Revenue	28 916 000	25 048 000	22 690 000	24 297 000
Cost of Goods Sold	11 650 000	10 224 000	9 316 000	10 329 000
Salary Costs	10 654 000	10 632 000	9 261 000	8 380 000
Depreciation	532 000	571 000	613 000	602 000
Impairment	0	0	0	0
Expenditure	28 026 000	25 614 000	23 174 000	23 511 000
Operating Profit	1 012 000	−162 000	−626 000	480 000
Financial Income	38 000	81 000	69 000	33 000
Financial Costs	320 000	257 000	274 000	271 000
Financial Balance	−282 000	−176 000	−205 000	−238 000
Dividends	0	0	0	0
Net Income	730 000	−339 000	−831 000	242 000

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	2 394 000	2 772 000	3 007 000	3 520 000
Fixtures	297 000	87 000	60 000	45 000
Total Tangible Assets	2 691 000	2 860 000	3 067 000	3 565 000
Total Fiancial Fixed Assets	23 000	23 000	23 000	31 000
Total Fixed Assets	2 714 000	2 883 000	3 090 000	3 596 000
Stock	3 311 000	2 867 000	2 463 000	2 604 000
Total Investments	0	0	0	0
Cash, Bank	775 000	435 000	308 000	295 000
Total Current Assets	7 778 000	5 788 000	5 319 000	5 592 000
Total Assets	10 492 000	8 670 000	8 408 000	9 188 000
Total Equity	675 000	−56 000	283 000	1 114 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 272 000	1 580 000	1 888 000	2 196 000
Creditors	2 804 000	2 420 000	1 725 000	1 959 000
Unpaid Taxes	1 609 000	1 626 000	1 348 000	1 324 000
Dividends	0	0	0	0
Other Current Debt	1 247 000	1 195 000	1 333 000	1 255 000
Total Current Debt	7 546 000	7 146 000	6 237 000	5 878 000
Total Equity and Debt	10 492 000	8 670 000	8 408 000	9 188 000

Financial indicators	2022	2021	2020	2019
Return on Equity	108,15 %	605,36 %	−293,64 %	21,72 %
Debt-to-Equity Ratio	3,37	−28,21	6,67	1,97
Operating Profit Margin	3,5 %	−0,65 %	−2,76 %	1,98 %
Current Ratio	1,03	0,81	0,85	0,95
Quick Ratio	1,84	1,35	1,41	1,71
Equity Ratio	0,06	−0,01	0,03	0,12
Gross Profit Margin	59,71 %	59,18 %	58,94 %	57,49 %