SALONG HOVENGA AS

3913 PORSGRUNN

Finances

Share Ownership

Return on Equity

7,16 %

Current Ratio

5,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	879 000	779 000	729 000	818 000
Net Income	52 000	10 000	44 000	−23 000
Total Assets	873 000	791 000	789 000	719 000
Total Equity	726 000	674 000	664 000	620 000

Income (NOK)	2022	2021	2020	2019
Revenue	879 000	779 000	729 000	818 000
Expenditure	810 000	765 000	676 000	846 000
Operating Profit	63 000	12 000	49 000	−25 000
Financial Income	3 000	1 000	2 000	3 000
Financial Costs	0	0	0	0
Financial Balance	3 000	1 000	2 000	3 000
Earnings Before Tax	65 000	13 000	51 000	−23 000
Tax	14 000	3 000	6 000	0
Net Income	52 000	10 000	44 000	−23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 000	0	0	0
Total Current Assets	867 000	791 000	789 000	719 000
Total Assets	873 000	791 000	789 000	719 000
Total Retained Equity	626 000	574 000	564 000	520 000
Total Equity	726 000	674 000	664 000	620 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	147 000	117 000	125 000	99 000
Total Equity and Debt	873 000	791 000	789 000	719 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	876 000	778 000	715 000	817 000
Other Income	3 000	1 000	14 000	2 000
Revenue	879 000	779 000	729 000	818 000
Cost of Goods Sold	33 000	30 000	21 000	37 000
Salary Costs	621 000	579 000	494 000	597 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	810 000	765 000	676 000	846 000
Operating Profit	63 000	12 000	49 000	−25 000
Financial Income	3 000	1 000	2 000	3 000
Financial Costs	0	0	0	0
Financial Balance	3 000	1 000	2 000	3 000
Dividends	0	0	0	0
Net Income	52 000	10 000	44 000	−23 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	6 000	0	0	0
Total Fixed Assets	6 000	0	0	0
Stock	40 000	46 000	48 000	52 000
Total Investments	0	0	0	0
Cash, Bank	828 000	745 000	741 000	667 000
Total Current Assets	867 000	791 000	789 000	719 000
Total Assets	873 000	791 000	789 000	719 000
Total Equity	726 000	674 000	664 000	620 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	0	7 000	−1 000
Unpaid Taxes	61 000	50 000	45 000	32 000
Dividends	0	0	0	0
Other Current Debt	69 000	64 000	66 000	68 000
Total Current Debt	147 000	117 000	125 000	99 000
Total Equity and Debt	873 000	791 000	789 000	719 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,16 %	1,48 %	6,63 %	−3,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,17 %	1,54 %	6,72 %	−3,06 %
Current Ratio	5,9	6,76	6,31	7,26
Quick Ratio	8,1	11,14	10,25	15,3
Equity Ratio	0,83	0,85	0,84	0,86
Gross Profit Margin	96,25 %	96,15 %	97,12 %	95,48 %