HOVLAND ENTREPRENØR AS

4985 VEGÅRSHEI

Finances

Share Ownership

Return on Equity

92,26 %

Current Ratio

1,36

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 009 000	8 701 000	1 509 000	0
Net Income	1 121 000	53 000	164 000	−6 000
Total Assets	3 842 000	2 122 000	513 000	0
Total Equity	1 215 000	93 000	40 000	−28 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 009 000	8 701 000	1 509 000	0
Expenditure	14 563 000	8 624 000	1 321 000	6 000
Operating Profit	1 446 000	78 000	188 000	−6 000
Financial Income	0	0	0	0
Financial Costs	9 000	9 000	0	0
Financial Balance	−9 000	−9 000	0	0
Earnings Before Tax	1 437 000	68 000	188 000	−6 000
Tax	316 000	15 000	25 000	0
Net Income	1 121 000	53 000	164 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	292 000	0	0	0
Total Current Assets	3 550 000	2 122 000	513 000	0
Total Assets	3 842 000	2 122 000	513 000	0
Total Retained Equity	1 172 000	51 000	−2 000	−70 000
Total Equity	1 215 000	93 000	40 000	−28 000
Total Long-Term Debt	10 000	0	0	0
Total Current Debt	2 617 000	2 029 000	473 000	28 000
Total Equity and Debt	3 842 000	2 122 000	513 000	0

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 009 000	8 701 000	1 509 000	0
Other Income	0	0	0	0
Revenue	16 009 000	8 701 000	1 509 000	0
Cost of Goods Sold	4 003 000	4 051 000	353 000	0
Salary Costs	4 946 000	2 366 000	257 000	0
Depreciation	16 000	4 000	0	0
Impairment	0	0	0	0
Expenditure	14 563 000	8 624 000	1 321 000	6 000
Operating Profit	1 446 000	78 000	188 000	−6 000
Financial Income	0	0	0	0
Financial Costs	9 000	9 000	0	0
Financial Balance	−9 000	−9 000	0	0
Dividends	0	0	96 000	0
Net Income	1 121 000	53 000	164 000	−6 000

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	292 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	292 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	292 000	0	0	0
Stock	15 000	15 000	0	0
Total Investments	0	0	0	0
Cash, Bank	836 000	571 000	357 000	0
Total Current Assets	3 550 000	2 122 000	513 000	0
Total Assets	3 842 000	2 122 000	513 000	0
Total Equity	1 215 000	93 000	40 000	−28 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 000	0	0	0
Creditors	1 089 000	1 093 000	171 000	0
Unpaid Taxes	362 000	301 000	31 000	0
Dividends	0	0	96 000	0
Other Current Debt	860 000	619 000	151 000	28 000
Total Current Debt	2 617 000	2 029 000	473 000	28 000
Total Equity and Debt	3 842 000	2 122 000	513 000	0

Financial indicators	2022	2021	2020	2019
Return on Equity	92,26 %	56,99 %	410 %	21,43 %
Debt-to-Equity Ratio	0,01	0	0	−0
Operating Profit Margin	9,03 %	0,9 %	12,46 %	-
Current Ratio	1,36	1,05	1,08	0
Quick Ratio	1,36	1,05	1,08	0
Equity Ratio	0,32	0,04	0,08	-
Gross Profit Margin	75 %	53,44 %	76,61 %	-