HOVDENAKK MASKINERING AS

6156 ØRSTA

Finances

Share Ownership

Return on Equity

25,42 %

Current Ratio

2,58

Debt-to-Equity Ratio

1,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 984 000	5 558 000	4 861 000	5 662 000
Net Income	726 000	427 000	−47 000	508 000
Total Assets	7 595 000	7 095 000	6 999 000	7 488 000
Total Equity	2 856 000	2 130 000	3 202 000	3 250 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 984 000	5 558 000	4 861 000	5 662 000
Expenditure	5 925 000	4 921 000	4 806 000	4 847 000
Operating Profit	1 059 000	636 000	55 000	816 000
Financial Income	0	0	1 000	2 000
Financial Costs	128 000	88 000	116 000	166 000
Financial Balance	−128 000	−88 000	−115 000	−164 000
Earnings Before Tax	932 000	548 000	−60 000	651 000
Tax	205 000	121 000	−13 000	144 000
Net Income	726 000	427 000	−47 000	508 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 835 000	4 653 000	4 717 000	4 826 000
Total Current Assets	2 760 000	2 443 000	2 282 000	2 663 000
Total Assets	7 595 000	7 095 000	6 999 000	7 488 000
Total Retained Equity	2 656 000	1 929 000	1 502 000	1 550 000
Total Equity	2 856 000	2 130 000	3 202 000	3 250 000
Total Long-Term Debt	3 669 000	4 080 000	3 123 000	3 301 000
Total Current Debt	1 069 000	885 000	674 000	938 000
Total Equity and Debt	7 595 000	7 095 000	6 999 000	7 488 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 956 000	5 558 000	4 705 000	5 662 000
Other Income	28 000	0	156 000	0
Revenue	6 984 000	5 558 000	4 861 000	5 662 000
Cost of Goods Sold	1 521 000	1 176 000	960 000	1 439 000
Salary Costs	2 968 000	2 425 000	2 338 000	2 228 000
Depreciation	175 000	165 000	177 000	170 000
Impairment	0	0	0	0
Expenditure	5 925 000	4 921 000	4 806 000	4 847 000
Operating Profit	1 059 000	636 000	55 000	816 000
Financial Income	0	0	1 000	2 000
Financial Costs	128 000	88 000	116 000	166 000
Financial Balance	−128 000	−88 000	−115 000	−164 000
Dividends	0	0	0	0
Net Income	726 000	427 000	−47 000	508 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 352 000	4 479 000	4 608 000	4 738 000
Machinery and Plant Facilities	404 000	74 000	109 000	87 000
Fixtures	79 000	99 000	0	0
Total Tangible Assets	4 835 000	4 653 000	4 717 000	4 826 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 835 000	4 653 000	4 717 000	4 826 000
Stock	226 000	208 000	192 000	205 000
Total Investments	0	0	0	0
Cash, Bank	1 413 000	1 747 000	1 529 000	1 867 000
Total Current Assets	2 760 000	2 443 000	2 282 000	2 663 000
Total Assets	7 595 000	7 095 000	6 999 000	7 488 000
Total Equity	2 856 000	2 130 000	3 202 000	3 250 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 669 000	4 080 000	3 123 000	3 301 000
Creditors	203 000	205 000	215 000	285 000
Unpaid Taxes	401 000	309 000	194 000	258 000
Dividends	0	0	0	0
Other Current Debt	275 000	256 000	264 000	255 000
Total Current Debt	1 069 000	885 000	674 000	938 000
Total Equity and Debt	7 595 000	7 095 000	6 999 000	7 488 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,42 %	20,05 %	−1,47 %	15,63 %
Debt-to-Equity Ratio	1,28	1,92	0,98	1,02
Operating Profit Margin	15,16 %	11,44 %	1,13 %	14,41 %
Current Ratio	2,58	2,76	3,39	2,84
Quick Ratio	3,27	3,61	4,73	3,63
Equity Ratio	0,38	0,3	0,46	0,43
Gross Profit Margin	78,22 %	78,84 %	80,25 %	74,58 %