H. HOVDEN AS

3864 RAULAND

Finances

Share Ownership

Return on Equity

10,56 %

Current Ratio

0,68

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 947 000	1 576 000	1 252 000	1 291 000
Net Income	181 000	354 000	202 000	143 000
Total Assets	3 736 000	3 420 000	2 817 000	2 692 000
Total Equity	1 714 000	1 533 000	1 179 000	978 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 947 000	1 576 000	1 252 000	1 291 000
Expenditure	1 695 000	1 114 000	978 000	1 084 000
Operating Profit	253 000	462 000	273 000	207 000
Financial Income	0	0	0	0
Financial Costs	21 000	8 000	15 000	24 000
Financial Balance	−21 000	−8 000	−15 000	−24 000
Earnings Before Tax	232 000	454 000	258 000	183 000
Tax	51 000	100 000	57 000	40 000
Net Income	181 000	354 000	202 000	143 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 439 000	2 369 000	1 787 000	1 733 000
Total Current Assets	1 298 000	1 051 000	1 030 000	959 000
Total Assets	3 736 000	3 420 000	2 817 000	2 692 000
Total Retained Equity	1 684 000	1 503 000	1 149 000	948 000
Total Equity	1 714 000	1 533 000	1 179 000	978 000
Total Long-Term Debt	107 000	103 000	80 000	70 000
Total Current Debt	1 916 000	1 783 000	1 558 000	1 644 000
Total Equity and Debt	3 736 000	3 420 000	2 817 000	2 692 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 837 000	1 426 000	1 127 000	1 072 000
Other Income	111 000	150 000	125 000	219 000
Revenue	1 947 000	1 576 000	1 252 000	1 291 000
Cost of Goods Sold	47 000	81 000	115 000	81 000
Salary Costs	219 000	1 000	1 000	1 000
Depreciation	595 000	525 000	469 000	566 000
Impairment	0	0	0	0
Expenditure	1 695 000	1 114 000	978 000	1 084 000
Operating Profit	253 000	462 000	273 000	207 000
Financial Income	0	0	0	0
Financial Costs	21 000	8 000	15 000	24 000
Financial Balance	−21 000	−8 000	−15 000	−24 000
Dividends	0	0	0	0
Net Income	181 000	354 000	202 000	143 000

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	2 230 000	2 114 000	1 486 000	1 733 000
Fixtures	208 000	254 000	300 000	0
Total Tangible Assets	2 439 000	2 369 000	1 787 000	1 733 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 439 000	2 369 000	1 787 000	1 733 000
Stock	12 000	12 000	3 000	23 000
Total Investments	0	0	0	0
Cash, Bank	802 000	919 000	980 000	915 000
Total Current Assets	1 298 000	1 051 000	1 030 000	959 000
Total Assets	3 736 000	3 420 000	2 817 000	2 692 000
Total Equity	1 714 000	1 533 000	1 179 000	978 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	107 000	103 000	80 000	70 000
Creditors	2 000	70 000	−96 000	12 000
Unpaid Taxes	150 000	18 000	−10 000	−11 000
Dividends	0	0	0	0
Other Current Debt	1 716 000	1 619 000	1 617 000	1 598 000
Total Current Debt	1 916 000	1 783 000	1 558 000	1 644 000
Total Equity and Debt	3 736 000	3 420 000	2 817 000	2 692 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,56 %	23,09 %	17,13 %	14,62 %
Debt-to-Equity Ratio	0,06	0,07	0,07	0,07
Operating Profit Margin	12,99 %	29,31 %	21,81 %	16,03 %
Current Ratio	0,68	0,59	0,66	0,58
Quick Ratio	0,68	0,59	0,66	0,59
Equity Ratio	0,46	0,45	0,42	0,36
Gross Profit Margin	97,59 %	94,86 %	90,81 %	93,73 %