HOVTUN INVEST AS

6893 VIK I SOGN

Finances

Return on Equity

14,95 %

Current Ratio

2,77

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	240 081 000	208 311 000	179 472 000	167 744 000
Net Income	12 048 000	10 554 000	10 867 000	6 822 000
Total Assets	121 924 000	111 557 000	107 930 000	94 885 000
Total Equity	80 606 000	72 236 000	67 882 000	63 564 000

Income (NOK)	2022	2021	2020	2019
Revenue	240 081 000	208 311 000	179 472 000	167 744 000
Expenditure	224 116 000	189 826 000	165 235 000	159 201 000
Operating Profit	15 965 000	18 484 000	14 237 000	8 543 000
Financial Income	347 000	295 000	313 000	645 000
Financial Costs	674 000	3 967 000	398 000	520 000
Financial Balance	−327 000	−3 672 000	−85 000	125 000
Earnings Before Tax	15 638 000	14 813 000	14 151 000	8 669 000
Tax	3 589 000	4 259 000	3 285 000	1 847 000
Net Income	12 048 000	10 554 000	10 867 000	6 822 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 555 000	16 639 000	21 634 000	23 459 000
Total Current Assets	105 370 000	94 918 000	86 296 000	71 426 000
Total Assets	121 924 000	111 557 000	107 930 000	94 885 000
Total Retained Equity	67 293 000	60 584 000	57 155 000	61 866 000
Total Equity	80 606 000	72 236 000	67 882 000	63 564 000
Total Long-Term Debt	3 239 000	4 842 000	6 616 000	8 231 000
Total Current Debt	38 079 000	34 480 000	33 433 000	23 090 000
Total Equity and Debt	121 924 000	111 557 000	107 930 000	94 885 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	239 703 000	208 194 000	179 472 000	167 744 000
Other Income	379 000	117 000	0	0
Revenue	240 081 000	208 311 000	179 472 000	167 744 000
Cost of Goods Sold	119 308 000	95 564 000	83 695 000	76 476 000
Salary Costs	47 166 000	43 067 000	38 677 000	37 730 000
Depreciation	3 204 000	3 426 000	3 171 000	3 507 000
Impairment	0	0	0	0
Expenditure	224 116 000	189 826 000	165 235 000	159 201 000
Operating Profit	15 965 000	18 484 000	14 237 000	8 543 000
Financial Income	347 000	295 000	313 000	645 000
Financial Costs	674 000	3 967 000	398 000	520 000
Financial Balance	−327 000	−3 672 000	−85 000	125 000
Dividends	3 500 000	0	6 000 000	1 200 000
Net Income	12 048 000	10 554 000	10 867 000	6 822 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 127 000	3 022 000	4 919 000	5 308 000
Real Eastate	3 064 000	3 465 000	3 683 000	4 084 000
Machinery and Plant Facilities	8 202 000	7 824 000	7 430 000	8 750 000
Fixtures	0	0	0	0
Total Tangible Assets	11 266 000	11 289 000	11 113 000	12 834 000
Total Fiancial Fixed Assets	2 161 000	2 328 000	5 601 000	5 317 000
Total Fixed Assets	16 555 000	16 639 000	21 634 000	23 459 000
Stock	46 958 000	46 451 000	29 533 000	32 020 000
Total Investments	3 888 000	4 180 000	1 363 000	3 094 000
Cash, Bank	28 739 000	14 795 000	34 203 000	19 818 000
Total Current Assets	105 370 000	94 918 000	86 296 000	71 426 000
Total Assets	121 924 000	111 557 000	107 930 000	94 885 000
Total Equity	80 606 000	72 236 000	67 882 000	63 564 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 239 000	4 842 000	6 616 000	8 231 000
Creditors	14 466 000	15 494 000	12 723 000	9 981 000
Unpaid Taxes	7 678 000	8 459 000	6 523 000	5 125 000
Dividends	3 500 000	0	6 000 000	1 200 000
Other Current Debt	13 028 000	6 780 000	6 323 000	5 293 000
Total Current Debt	38 079 000	34 480 000	33 433 000	23 090 000
Total Equity and Debt	121 924 000	111 557 000	107 930 000	94 885 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,95 %	14,61 %	16,01 %	10,73 %
Debt-to-Equity Ratio	0,04	0,07	0,1	0,13
Operating Profit Margin	6,65 %	8,87 %	7,93 %	5,09 %
Current Ratio	2,77	2,75	2,58	3,09
Quick Ratio	−11,87	−7,93	22,13	−8
Equity Ratio	0,66	0,65	0,63	0,67
Gross Profit Margin	50,31 %	54,12 %	53,37 %	54,41 %