HOVDANE MASKIN AS

5614 ÅLVIK

Finances

Share Ownership

Return on Equity

−5,41 %

Current Ratio

1,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 280 000	6 807 000	4 869 000	4 726 000
Net Income	−107 000	858 000	236 000	32 000
Total Assets	2 831 000	3 259 000	2 596 000	1 809 000
Total Equity	1 978 000	2 084 000	1 226 000	990 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 280 000	6 807 000	4 869 000	4 726 000
Expenditure	8 405 000	5 716 000	4 557 000	4 682 000
Operating Profit	−125 000	1 091 000	311 000	44 000
Financial Income	16 000	14 000	13 000	11 000
Financial Costs	4 000	5 000	20 000	14 000
Financial Balance	12 000	9 000	−7 000	−3 000
Earnings Before Tax	−113 000	1 100 000	304 000	41 000
Tax	−7 000	242 000	68 000	9 000
Net Income	−107 000	858 000	236 000	32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 588 000	1 591 000	1 683 000	1 293 000
Total Current Assets	1 244 000	1 668 000	913 000	516 000
Total Assets	2 831 000	3 259 000	2 596 000	1 809 000
Total Retained Equity	1 847 000	1 953 000	1 095 000	859 000
Total Equity	1 978 000	2 084 000	1 226 000	990 000
Total Long-Term Debt	0	7 000	154 000	247 000
Total Current Debt	854 000	1 168 000	1 215 000	573 000
Total Equity and Debt	2 831 000	3 259 000	2 596 000	1 809 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 230 000	5 740 000	3 934 000	4 812 000
Other Income	50 000	1 067 000	935 000	−87 000
Revenue	8 280 000	6 807 000	4 869 000	4 726 000
Cost of Goods Sold	2 639 000	1 109 000	1 068 000	1 674 000
Salary Costs	1 796 000	1 280 000	879 000	920 000
Depreciation	242 000	165 000	149 000	93 000
Impairment	0	0	0	0
Expenditure	8 405 000	5 716 000	4 557 000	4 682 000
Operating Profit	−125 000	1 091 000	311 000	44 000
Financial Income	16 000	14 000	13 000	11 000
Financial Costs	4 000	5 000	20 000	14 000
Financial Balance	12 000	9 000	−7 000	−3 000
Dividends	0	0	0	0
Net Income	−107 000	858 000	236 000	32 000

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	34 000	43 000
Fixtures	569 000	636 000	418 000	493 000
Total Tangible Assets	569 000	636 000	451 000	537 000
Total Fiancial Fixed Assets	1 019 000	955 000	1 232 000	756 000
Total Fixed Assets	1 588 000	1 591 000	1 683 000	1 293 000
Stock	0	19 000	24 000	115 000
Total Investments	0	0	0	0
Cash, Bank	443 000	733 000	455 000	114 000
Total Current Assets	1 244 000	1 668 000	913 000	516 000
Total Assets	2 831 000	3 259 000	2 596 000	1 809 000
Total Equity	1 978 000	2 084 000	1 226 000	990 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	7 000	154 000	247 000
Creditors	354 000	295 000	563 000	145 000
Unpaid Taxes	120 000	274 000	247 000	147 000
Dividends	0	0	0	0
Other Current Debt	380 000	359 000	326 000	280 000
Total Current Debt	854 000	1 168 000	1 215 000	573 000
Total Equity and Debt	2 831 000	3 259 000	2 596 000	1 809 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,41 %	41,17 %	19,25 %	3,23 %
Debt-to-Equity Ratio	0	0	0,13	0,25
Operating Profit Margin	−1,51 %	16,03 %	6,39 %	0,93 %
Current Ratio	1,46	1,43	0,75	0,9
Quick Ratio	1,46	1,45	0,77	1,13
Equity Ratio	0,7	0,64	0,47	0,55
Gross Profit Margin	68,13 %	83,71 %	78,07 %	64,58 %