HOVSTEN CONT & GJENVINNING AS

7549 TANEM

Finances

Return on Equity

13,1 %

Current Ratio

1,45

Debt-to-Equity Ratio

1,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 019 000	14 974 000	12 947 000	11 111 000
Net Income	288 000	99 000	815 000	0
Total Assets	6 729 000	5 221 000	4 083 000	3 750 000
Total Equity	2 199 000	1 911 000	1 812 000	997 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 019 000	14 974 000	12 947 000	11 111 000
Expenditure	18 471 000	14 753 000	11 799 000	11 014 000
Operating Profit	547 000	222 000	1 147 000	97 000
Financial Income	1 000	1 000	0	1 000
Financial Costs	178 000	96 000	102 000	98 000
Financial Balance	−177 000	−95 000	−102 000	−97 000
Earnings Before Tax	369 000	127 000	1 045 000	1 000
Tax	81 000	28 000	230 000	0
Net Income	288 000	99 000	815 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 823 000	2 400 000	1 365 000	1 687 000
Total Current Assets	2 906 000	2 820 000	2 718 000	2 063 000
Total Assets	6 729 000	5 221 000	4 083 000	3 750 000
Total Retained Equity	2 195 000	1 907 000	1 808 000	992 000
Total Equity	2 199 000	1 911 000	1 812 000	997 000
Total Long-Term Debt	2 527 000	1 621 000	932 000	988 000
Total Current Debt	2 002 000	1 689 000	1 340 000	1 766 000
Total Equity and Debt	6 729 000	5 221 000	4 083 000	3 750 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 741 000	14 564 000	12 947 000	11 012 000
Other Income	278 000	411 000	0	99 000
Revenue	19 019 000	14 974 000	12 947 000	11 111 000
Cost of Goods Sold	2 474 000	1 208 000	970 000	1 050 000
Salary Costs	3 991 000	3 621 000	3 015 000	2 817 000
Depreciation	592 000	526 000	336 000	287 000
Impairment	0	0	0	0
Expenditure	18 471 000	14 753 000	11 799 000	11 014 000
Operating Profit	547 000	222 000	1 147 000	97 000
Financial Income	1 000	1 000	0	1 000
Financial Costs	178 000	96 000	102 000	98 000
Financial Balance	−177 000	−95 000	−102 000	−97 000
Dividends	0	0	0	0
Net Income	288 000	99 000	815 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	614 000	0	0	0
Machinery and Plant Facilities	0	43 000	59 000	75 000
Fixtures	1 460 000	1 945 000	1 095 000	1 181 000
Total Tangible Assets	2 074 000	1 988 000	1 155 000	1 256 000
Total Fiancial Fixed Assets	1 749 000	412 000	211 000	431 000
Total Fixed Assets	3 823 000	2 400 000	1 365 000	1 687 000
Stock	535 000	212 000	232 000	192 000
Total Investments	0	0	0	0
Cash, Bank	354 000	848 000	772 000	239 000
Total Current Assets	2 906 000	2 820 000	2 718 000	2 063 000
Total Assets	6 729 000	5 221 000	4 083 000	3 750 000
Total Equity	2 199 000	1 911 000	1 812 000	997 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 527 000	1 621 000	932 000	988 000
Creditors	1 011 000	769 000	330 000	789 000
Unpaid Taxes	399 000	560 000	510 000	319 000
Dividends	0	0	0	0
Other Current Debt	547 000	361 000	318 000	251 000
Total Current Debt	2 002 000	1 689 000	1 340 000	1 766 000
Total Equity and Debt	6 729 000	5 221 000	4 083 000	3 750 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,1 %	5,18 %	44,98 %	0 %
Debt-to-Equity Ratio	1,15	0,85	0,51	0,99
Operating Profit Margin	2,88 %	1,48 %	8,86 %	0,87 %
Current Ratio	1,45	1,67	2,03	1,17
Quick Ratio	1,98	1,91	2,45	1,31
Equity Ratio	0,33	0,37	0,44	0,27
Gross Profit Margin	86,99 %	91,93 %	92,51 %	90,55 %