HOVLAND TELECOM & SIKKERHET AS

5410 SAGVÅG

Finances

Share Ownership

Return on Equity

218,46 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 278 000	712 000	290 000	946 000
Net Income	142 000	70 000	104 000	−235 000
Total Assets	458 000	429 000	613 000	361 000
Total Equity	65 000	−77 000	−147 000	−229 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 278 000	712 000	290 000	946 000
Expenditure	1 113 000	619 000	167 000	1 152 000
Operating Profit	165 000	93 000	122 000	−205 000
Financial Income	0	0	0	0
Financial Costs	25 000	23 000	17 000	30 000
Financial Balance	−25 000	−23 000	−17 000	−30 000
Earnings Before Tax	140 000	70 000	104 000	−235 000
Tax	−2 000	0	0	0
Net Income	142 000	70 000	104 000	−235 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	46 000	70 000	70 000	70 000
Total Current Assets	412 000	359 000	542 000	291 000
Total Assets	458 000	429 000	613 000	361 000
Total Retained Equity	−32 000	−174 000	−244 000	−326 000
Total Equity	65 000	−77 000	−147 000	−229 000
Total Long-Term Debt	0	202 000	457 000	268 000
Total Current Debt	393 000	304 000	302 000	321 000
Total Equity and Debt	458 000	429 000	613 000	361 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 272 000	691 000	282 000	938 000
Other Income	6 000	21 000	8 000	9 000
Revenue	1 278 000	712 000	290 000	946 000
Cost of Goods Sold	459 000	240 000	59 000	276 000
Salary Costs	173 000	−7 000	−91 000	629 000
Depreciation	24 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 113 000	619 000	167 000	1 152 000
Operating Profit	165 000	93 000	122 000	−205 000
Financial Income	0	0	0	0
Financial Costs	25 000	23 000	17 000	30 000
Financial Balance	−25 000	−23 000	−17 000	−30 000
Dividends	0	0	0	0
Net Income	142 000	70 000	104 000	−235 000

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	46 000	70 000	70 000	70 000
Total Tangible Assets	46 000	70 000	70 000	70 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	46 000	70 000	70 000	70 000
Stock	111 000	49 000	49 000	49 000
Total Investments	0	0	0	0
Cash, Bank	15 000	39 000	334 000	−55 000
Total Current Assets	412 000	359 000	542 000	291 000
Total Assets	458 000	429 000	613 000	361 000
Total Equity	65 000	−77 000	−147 000	−229 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	202 000	457 000	268 000
Creditors	64 000	206 000	113 000	159 000
Unpaid Taxes	109 000	10 000	163 000	122 000
Dividends	0	0	0	0
Other Current Debt	44 000	88 000	27 000	41 000
Total Current Debt	393 000	304 000	302 000	321 000
Total Equity and Debt	458 000	429 000	613 000	361 000

Financial indicators	2022	2021	2020	2019
Return on Equity	218,46 %	−90,91 %	−70,75 %	102,62 %
Debt-to-Equity Ratio	0	−2,62	−3,11	−1,17
Operating Profit Margin	12,91 %	13,06 %	42,07 %	−21,67 %
Current Ratio	1,05	1,18	1,79	0,91
Quick Ratio	1,46	1,41	2,14	1,07
Equity Ratio	0,14	−0,18	−0,24	−0,63
Gross Profit Margin	64,08 %	66,29 %	79,66 %	70,82 %