HOVDEN GLADMAT AS

4755 HOVDEN I SETESDAL

Finances

Share Ownership

Return on Equity

355,9 %

Current Ratio

1,06

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	58 600 000	59 677 000	56 947 000	48 183 000
Net Income	1 961 000	1 249 000	2 429 000	1 530 000
Total Assets	9 056 000	8 635 000	10 241 000	7 163 000
Total Equity	551 000	551 000	551 000	501 000

Income (NOK)	2022	2021	2020	2019
Revenue	58 600 000	59 677 000	56 947 000	48 183 000
Expenditure	56 146 000	58 075 000	53 855 000	46 231 000
Operating Profit	2 454 000	1 602 000	3 093 000	1 952 000
Financial Income	60 000	13 000	23 000	10 000
Financial Costs	0	0	2 000	1 000
Financial Balance	60 000	13 000	21 000	9 000
Earnings Before Tax	2 514 000	1 615 000	3 114 000	1 962 000
Tax	553 000	367 000	686 000	432 000
Net Income	1 961 000	1 249 000	2 429 000	1 530 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	84 000	100 000	118 000	63 000
Total Current Assets	8 971 000	8 534 000	10 123 000	7 101 000
Total Assets	9 056 000	8 635 000	10 241 000	7 163 000
Total Retained Equity	201 000	201 000	201 000	151 000
Total Equity	551 000	551 000	551 000	501 000
Total Long-Term Debt	4 000	4 000	3 000	2 000
Total Current Debt	8 501 000	8 080 000	9 687 000	6 661 000
Total Equity and Debt	9 056 000	8 635 000	10 241 000	7 163 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	58 249 000	59 253 000	56 490 000	47 739 000
Other Income	351 000	423 000	457 000	444 000
Revenue	58 600 000	59 677 000	56 947 000	48 183 000
Cost of Goods Sold	44 629 000	46 962 000	44 088 000	37 957 000
Salary Costs	5 144 000	4 951 000	4 899 000	4 139 000
Depreciation	16 000	18 000	19 000	17 000
Impairment	0	0	0	0
Expenditure	56 146 000	58 075 000	53 855 000	46 231 000
Operating Profit	2 454 000	1 602 000	3 093 000	1 952 000
Financial Income	60 000	13 000	23 000	10 000
Financial Costs	0	0	2 000	1 000
Financial Balance	60 000	13 000	21 000	9 000
Dividends	1 961 000	1 249 000	2 379 000	1 530 000
Net Income	1 961 000	1 249 000	2 429 000	1 530 000

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	84 000	100 000	118 000	63 000
Total Tangible Assets	84 000	100 000	118 000	63 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	84 000	100 000	118 000	63 000
Stock	2 616 000	2 888 000	2 617 000	2 343 000
Total Investments	0	0	0	0
Cash, Bank	4 755 000	5 558 000	7 350 000	4 586 000
Total Current Assets	8 971 000	8 534 000	10 123 000	7 101 000
Total Assets	9 056 000	8 635 000	10 241 000	7 163 000
Total Equity	551 000	551 000	551 000	501 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	4 000	3 000	2 000
Creditors	3 786 000	4 892 000	4 551 000	3 147 000
Unpaid Taxes	788 000	433 000	726 000	500 000
Dividends	1 961 000	1 249 000	2 379 000	1 530 000
Other Current Debt	3 415 000	2 389 000	3 726 000	2 581 000
Total Current Debt	8 501 000	8 080 000	9 687 000	6 661 000
Total Equity and Debt	9 056 000	8 635 000	10 241 000	7 163 000

Financial indicators	2022	2021	2020	2019
Return on Equity	355,9 %	226,68 %	440,83 %	305,39 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0
Operating Profit Margin	4,19 %	2,68 %	5,43 %	4,05 %
Current Ratio	1,06	1,06	1,05	1,07
Quick Ratio	1,52	1,64	1,43	1,64
Equity Ratio	0,06	0,06	0,05	0,07
Gross Profit Margin	23,84 %	21,31 %	22,58 %	21,22 %