HOVDEN MASKIN AS

2640 VINSTRA

Finances

Share Ownership

Return on Equity

31,19 %

Current Ratio

0,85

Debt-to-Equity Ratio

1,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 295 000	4 128 000	2 506 000	1 571 000
Net Income	282 000	532 000	6 000	−204 000
Total Assets	3 756 000	2 456 000	1 386 000	789 000
Total Equity	904 000	622 000	90 000	84 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 295 000	4 128 000	2 506 000	1 571 000
Expenditure	4 899 000	3 437 000	2 481 000	1 809 000
Operating Profit	396 000	691 000	25 000	−237 000
Financial Income	0	0	0	7 000
Financial Costs	34 000	9 000	18 000	10 000
Financial Balance	−34 000	−9 000	−18 000	−3 000
Earnings Before Tax	362 000	682 000	8 000	−240 000
Tax	80 000	150 000	2 000	−36 000
Net Income	282 000	532 000	6 000	−204 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 166 000	778 000	176 000	206 000
Total Current Assets	1 590 000	1 678 000	1 210 000	583 000
Total Assets	3 756 000	2 456 000	1 386 000	789 000
Total Retained Equity	880 000	597 000	65 000	60 000
Total Equity	904 000	622 000	90 000	84 000
Total Long-Term Debt	975 000	107 000	573 000	0
Total Current Debt	1 876 000	1 727 000	724 000	704 000
Total Equity and Debt	3 756 000	2 456 000	1 386 000	789 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 234 000	4 028 000	2 409 000	1 071 000
Other Income	61 000	100 000	97 000	500 000
Revenue	5 295 000	4 128 000	2 506 000	1 571 000
Cost of Goods Sold	849 000	27 000	102 000	103 000
Salary Costs	1 000 000	1 073 000	577 000	−155 000
Depreciation	317 000	110 000	33 000	23 000
Impairment	0	0	0	0
Expenditure	4 899 000	3 437 000	2 481 000	1 809 000
Operating Profit	396 000	691 000	25 000	−237 000
Financial Income	0	0	0	7 000
Financial Costs	34 000	9 000	18 000	10 000
Financial Balance	−34 000	−9 000	−18 000	−3 000
Dividends	0	0	0	0
Net Income	282 000	532 000	6 000	−204 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	31 000	33 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 166 000	778 000	145 000	173 000
Fixtures	0	0	0	0
Total Tangible Assets	2 166 000	778 000	145 000	173 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 166 000	778 000	176 000	206 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	220 000	536 000	10 000	9 000
Total Current Assets	1 590 000	1 678 000	1 210 000	583 000
Total Assets	3 756 000	2 456 000	1 386 000	789 000
Total Equity	904 000	622 000	90 000	84 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	975 000	107 000	573 000	0
Creditors	395 000	1 032 000	635 000	323 000
Unpaid Taxes	166 000	76 000	44 000	10 000
Dividends	0	0	0	0
Other Current Debt	1 264 000	606 000	44 000	308 000
Total Current Debt	1 876 000	1 727 000	724 000	704 000
Total Equity and Debt	3 756 000	2 456 000	1 386 000	789 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,19 %	85,53 %	6,67 %	−242,86 %
Debt-to-Equity Ratio	1,08	0,17	6,37	0
Operating Profit Margin	7,48 %	16,74 %	1 %	−15,09 %
Current Ratio	0,85	0,97	1,67	0,83
Quick Ratio	0,85	0,97	1,67	0,83
Equity Ratio	0,24	0,25	0,06	0,11
Gross Profit Margin	83,97 %	99,35 %	95,93 %	93,44 %