HØVÅG BYGG AS

4770 HØVÅG

Finances

Return on Equity

72,77 %

Current Ratio

2,38

Debt-to-Equity Ratio

5,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 910 000	18 164 000	21 114 000	22 706 000
Net Income	497 000	−572 000	174 000	50 000
Total Assets	6 816 000	4 401 000	3 974 000	4 344 000
Total Equity	683 000	1 113 000	1 685 000	1 511 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 910 000	18 164 000	21 114 000	22 706 000
Expenditure	20 206 000	18 865 000	20 863 000	22 545 000
Operating Profit	705 000	−700 000	251 000	162 000
Financial Income	17 000	18 000	2 000	3 000
Financial Costs	82 000	51 000	20 000	95 000
Financial Balance	−65 000	−33 000	−18 000	−92 000
Earnings Before Tax	640 000	−733 000	233 000	69 000
Tax	143 000	−161 000	60 000	19 000
Net Income	497 000	−572 000	174 000	50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	757 000	1 128 000	1 006 000	910 000
Total Current Assets	6 059 000	3 273 000	2 968 000	3 433 000
Total Assets	6 816 000	4 401 000	3 974 000	4 344 000
Total Retained Equity	583 000	1 013 000	1 585 000	1 411 000
Total Equity	683 000	1 113 000	1 685 000	1 511 000
Total Long-Term Debt	3 585 000	0	5 000	0
Total Current Debt	2 547 000	3 288 000	2 284 000	2 832 000
Total Equity and Debt	6 816 000	4 401 000	3 974 000	4 344 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 884 000	18 164 000	21 329 000	22 736 000
Other Income	26 000	0	−215 000	−30 000
Revenue	20 910 000	18 164 000	21 114 000	22 706 000
Cost of Goods Sold	14 171 000	13 404 000	15 259 000	17 403 000
Salary Costs	4 066 000	3 852 000	3 906 000	3 607 000
Depreciation	73 000	69 000	46 000	75 000
Impairment	0	0	0	0
Expenditure	20 206 000	18 865 000	20 863 000	22 545 000
Operating Profit	705 000	−700 000	251 000	162 000
Financial Income	17 000	18 000	2 000	3 000
Financial Costs	82 000	51 000	20 000	95 000
Financial Balance	−65 000	−33 000	−18 000	−92 000
Dividends	926 000	0	0	0
Net Income	497 000	−572 000	174 000	50 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	156 000	0	29 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	99 000	106 000	150 000	193 000
Fixtures	17 000	56 000	65 000	0
Total Tangible Assets	115 000	162 000	215 000	193 000
Total Fiancial Fixed Assets	629 000	811 000	791 000	688 000
Total Fixed Assets	757 000	1 128 000	1 006 000	910 000
Stock	3 160 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	133 000	197 000	499 000	127 000
Total Current Assets	6 059 000	3 273 000	2 968 000	3 433 000
Total Assets	6 816 000	4 401 000	3 974 000	4 344 000
Total Equity	683 000	1 113 000	1 685 000	1 511 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 585 000	0	5 000	0
Creditors	1 439 000	1 885 000	1 207 000	1 219 000
Unpaid Taxes	699 000	976 000	681 000	747 000
Dividends	926 000	0	0	0
Other Current Debt	410 000	338 000	370 000	659 000
Total Current Debt	2 547 000	3 288 000	2 284 000	2 832 000
Total Equity and Debt	6 816 000	4 401 000	3 974 000	4 344 000

Financial indicators	2022	2021	2020	2019
Return on Equity	72,77 %	−51,39 %	10,33 %	3,31 %
Debt-to-Equity Ratio	5,25	0	0	0
Operating Profit Margin	3,37 %	−3,85 %	1,19 %	0,71 %
Current Ratio	2,38	1	1,3	1,21
Quick Ratio	−9,88	1	1,3	1,21
Equity Ratio	0,1	0,25	0,42	0,35
Gross Profit Margin	32,23 %	26,21 %	27,73 %	23,36 %