HOVENGA AUTOSENTER AS

3915 PORSGRUNN

Finances

Share Ownership

Return on Equity

−135 %

Current Ratio

0,92

Debt-to-Equity Ratio

7,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 054 000	6 626 000	7 318 000	6 478 000
Net Income	−135 000	91 000	103 000	−268 000
Total Assets	2 172 000	1 833 000	1 143 000	1 034 000
Total Equity	100 000	125 000	44 000	−70 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 054 000	6 626 000	7 318 000	6 478 000
Expenditure	8 133 000	6 511 000	7 213 000	6 738 000
Operating Profit	−80 000	115 000	105 000	−260 000
Financial Income	2 000	0	0	0
Financial Costs	57 000	24 000	1 000	8 000
Financial Balance	−55 000	−24 000	−1 000	−8 000
Earnings Before Tax	−135 000	91 000	103 000	−268 000
Tax	0	0	0	0
Net Income	−135 000	91 000	103 000	−268 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	944 000	386 000	148 000	212 000
Total Current Assets	1 227 000	1 447 000	995 000	822 000
Total Assets	2 172 000	1 833 000	1 143 000	1 034 000
Total Retained Equity	0	95 000	4 000	−100 000
Total Equity	100 000	125 000	44 000	−70 000
Total Long-Term Debt	743 000	175 000	0	0
Total Current Debt	1 329 000	1 533 000	1 099 000	1 104 000
Total Equity and Debt	2 172 000	1 833 000	1 143 000	1 034 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 164 000	6 045 000	6 904 000	6 029 000
Other Income	890 000	582 000	414 000	448 000
Revenue	8 054 000	6 626 000	7 318 000	6 478 000
Cost of Goods Sold	3 345 000	2 824 000	3 797 000	3 122 000
Salary Costs	2 172 000	1 864 000	1 845 000	1 934 000
Depreciation	217 000	150 000	80 000	69 000
Impairment	0	0	0	0
Expenditure	8 133 000	6 511 000	7 213 000	6 738 000
Operating Profit	−80 000	115 000	105 000	−260 000
Financial Income	2 000	0	0	0
Financial Costs	57 000	24 000	1 000	8 000
Financial Balance	−55 000	−24 000	−1 000	−8 000
Dividends	0	0	0	0
Net Income	−135 000	91 000	103 000	−268 000

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	879 000	321 000	148 000	212 000
Total Tangible Assets	879 000	321 000	148 000	212 000
Total Fiancial Fixed Assets	65 000	65 000	0	0
Total Fixed Assets	944 000	386 000	148 000	212 000
Stock	463 000	596 000	441 000	389 000
Total Investments	0	0	0	0
Cash, Bank	155 000	559 000	342 000	272 000
Total Current Assets	1 227 000	1 447 000	995 000	822 000
Total Assets	2 172 000	1 833 000	1 143 000	1 034 000
Total Equity	100 000	125 000	44 000	−70 000
Short-Term Group Debt	0	212 000	0	0
Total Long-Term Debt	743 000	175 000	0	0
Creditors	624 000	530 000	453 000	386 000
Unpaid Taxes	242 000	192 000	188 000	169 000
Dividends	0	0	0	0
Other Current Debt	463 000	599 000	458 000	549 000
Total Current Debt	1 329 000	1 533 000	1 099 000	1 104 000
Total Equity and Debt	2 172 000	1 833 000	1 143 000	1 034 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−135 %	72,8 %	234,09 %	382,86 %
Debt-to-Equity Ratio	7,43	1,4	0	−0
Operating Profit Margin	−0,99 %	1,74 %	1,43 %	−4,01 %
Current Ratio	0,92	0,94	0,91	0,74
Quick Ratio	1,42	1,54	1,51	1,15
Equity Ratio	0,05	0,07	0,04	−0,07
Gross Profit Margin	58,47 %	57,38 %	48,11 %	51,81 %