HOV SERVICESENTER AS

2860 HOV

Finances

Share Ownership

Return on Equity

−343,86 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 901 000	9 765 000	9 222 000	9 058 000
Net Income	−392 000	563 000	619 000	−482 000
Total Assets	1 281 000	2 101 000	1 362 000	997 000
Total Equity	114 000	506 000	343 000	−423 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 901 000	9 765 000	9 222 000	9 058 000
Expenditure	9 289 000	9 031 000	8 565 000	9 411 000
Operating Profit	−388 000	735 000	657 000	−352 000
Financial Income	1 000	0	0	0
Financial Costs	6 000	12 000	35 000	46 000
Financial Balance	−5 000	−12 000	−35 000	−46 000
Earnings Before Tax	−392 000	723 000	622 000	−398 000
Tax	0	160 000	4 000	84 000
Net Income	−392 000	563 000	619 000	−482 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	74 000	60 000	83 000	106 000
Total Current Assets	1 207 000	2 042 000	1 279 000	890 000
Total Assets	1 281 000	2 101 000	1 362 000	997 000
Total Retained Equity	−334 000	58 000	−105 000	−723 000
Total Equity	114 000	506 000	343 000	−423 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 167 000	1 595 000	1 019 000	1 420 000
Total Equity and Debt	1 281 000	2 101 000	1 362 000	997 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 902 000	8 655 000	7 931 000	7 466 000
Other Income	999 000	1 111 000	1 291 000	1 593 000
Revenue	8 901 000	9 765 000	9 222 000	9 058 000
Cost of Goods Sold	4 385 000	4 334 000	4 289 000	4 134 000
Salary Costs	2 427 000	2 282 000	1 882 000	2 754 000
Depreciation	30 000	46 000	51 000	54 000
Impairment	0	0	0	0
Expenditure	9 289 000	9 031 000	8 565 000	9 411 000
Operating Profit	−388 000	735 000	657 000	−352 000
Financial Income	1 000	0	0	0
Financial Costs	6 000	12 000	35 000	46 000
Financial Balance	−5 000	−12 000	−35 000	−46 000
Dividends	0	400 000	0	0
Net Income	−392 000	563 000	619 000	−482 000

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	0	0	0	0
Fixtures	59 000	45 000	68 000	91 000
Total Tangible Assets	59 000	45 000	68 000	91 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	15 000
Total Fixed Assets	74 000	60 000	83 000	106 000
Stock	374 000	568 000	494 000	424 000
Total Investments	0	0	0	0
Cash, Bank	617 000	1 350 000	691 000	281 000
Total Current Assets	1 207 000	2 042 000	1 279 000	890 000
Total Assets	1 281 000	2 101 000	1 362 000	997 000
Total Equity	114 000	506 000	343 000	−423 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	500 000	369 000	440 000	677 000
Unpaid Taxes	162 000	223 000	194 000	205 000
Dividends	0	400 000	0	0
Other Current Debt	505 000	443 000	382 000	538 000
Total Current Debt	1 167 000	1 595 000	1 019 000	1 420 000
Total Equity and Debt	1 281 000	2 101 000	1 362 000	997 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−343,86 %	111,26 %	180,47 %	113,95 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	−4,36 %	7,53 %	7,12 %	−3,89 %
Current Ratio	1,03	1,28	1,26	0,63
Quick Ratio	1,52	1,99	2,44	0,89
Equity Ratio	0,09	0,24	0,25	−0,42
Gross Profit Margin	50,74 %	55,62 %	53,49 %	54,36 %