KJELL HOVLAND AS

3256 LARVIK

Finances

Return on Equity

−40,38 %

Current Ratio

1,27

Debt-to-Equity Ratio

0,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 092 000	6 140 000	5 381 000	6 267 000
Net Income	−323 000	52 000	−406 000	−219 000
Total Assets	3 108 000	3 500 000	3 793 000	3 751 000
Total Equity	800 000	1 123 000	1 070 000	1 476 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 092 000	6 140 000	5 381 000	6 267 000
Expenditure	6 291 000	5 985 000	5 679 000	6 413 000
Operating Profit	−200 000	155 000	−299 000	−145 000
Financial Income	10 000	19 000	21 000	41 000
Financial Costs	133 000	121 000	128 000	115 000
Financial Balance	−123 000	−102 000	−107 000	−74 000
Earnings Before Tax	−323 000	52 000	−406 000	−219 000
Tax	0	0	0	0
Net Income	−323 000	52 000	−406 000	−219 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 074 000	1 587 000	1 597 000	1 652 000
Total Current Assets	2 034 000	1 912 000	2 196 000	2 099 000
Total Assets	3 108 000	3 500 000	3 793 000	3 751 000
Total Retained Equity	500 000	823 000	770 000	1 176 000
Total Equity	800 000	1 123 000	1 070 000	1 476 000
Total Long-Term Debt	705 000	847 000	963 000	466 000
Total Current Debt	1 603 000	1 530 000	1 760 000	1 809 000
Total Equity and Debt	3 108 000	3 500 000	3 793 000	3 751 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 092 000	6 086 000	5 325 000	6 267 000
Other Income	0	54 000	56 000	0
Revenue	6 092 000	6 140 000	5 381 000	6 267 000
Cost of Goods Sold	3 046 000	3 128 000	2 845 000	3 274 000
Salary Costs	1 849 000	1 702 000	1 749 000	1 913 000
Depreciation	55 000	55 000	55 000	55 000
Impairment	0	0	0	0
Expenditure	6 291 000	5 985 000	5 679 000	6 413 000
Operating Profit	−200 000	155 000	−299 000	−145 000
Financial Income	10 000	19 000	21 000	41 000
Financial Costs	133 000	121 000	128 000	115 000
Financial Balance	−123 000	−102 000	−107 000	−74 000
Dividends	0	0	0	0
Net Income	−323 000	52 000	−406 000	−219 000

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	127 000	182 000	237 000	292 000
Fixtures	0	0	0	0
Total Tangible Assets	127 000	182 000	237 000	292 000
Total Fiancial Fixed Assets	947 000	1 405 000	1 360 000	1 360 000
Total Fixed Assets	1 074 000	1 587 000	1 597 000	1 652 000
Stock	1 897 000	1 754 000	2 082 000	2 010 000
Total Investments	0	0	0	0
Cash, Bank	114 000	146 000	90 000	78 000
Total Current Assets	2 034 000	1 912 000	2 196 000	2 099 000
Total Assets	3 108 000	3 500 000	3 793 000	3 751 000
Total Equity	800 000	1 123 000	1 070 000	1 476 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	705 000	847 000	963 000	466 000
Creditors	473 000	380 000	592 000	656 000
Unpaid Taxes	211 000	244 000	190 000	240 000
Dividends	0	0	0	0
Other Current Debt	225 000	213 000	224 000	224 000
Total Current Debt	1 603 000	1 530 000	1 760 000	1 809 000
Total Equity and Debt	3 108 000	3 500 000	3 793 000	3 751 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−40,38 %	4,63 %	−37,94 %	−14,84 %
Debt-to-Equity Ratio	0,88	0,75	0,9	0,32
Operating Profit Margin	−3,28 %	2,52 %	−5,56 %	−2,31 %
Current Ratio	1,27	1,25	1,25	1,16
Quick Ratio	−6,92	−8,54	−6,82	−10,44
Equity Ratio	0,26	0,32	0,28	0,39
Gross Profit Margin	50 %	49,06 %	47,13 %	47,76 %