HØVÅG SAG OG TRELAST AS

4770 HØVÅG

Finances

Share Ownership

Return on Equity

170,59 %

Current Ratio

0,09

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	926 000	2 251 000	1 372 000	764 000
Net Income	−174 000	54 000	−63 000	−31 000
Total Assets	346 000	461 000	343 000	309 000
Total Equity	−102 000	72 000	18 000	−20 000

Income (NOK)	2022	2021	2020	2019
Revenue	926 000	2 251 000	1 372 000	764 000
Expenditure	1 086 000	2 196 000	1 413 000	780 000
Operating Profit	−159 000	56 000	−41 000	−15 000
Financial Income	0	0	0	0
Financial Costs	15 000	1 000	21 000	16 000
Financial Balance	−15 000	−1 000	−21 000	−16 000
Earnings Before Tax	−174 000	54 000	−63 000	−31 000
Tax	0	0	0	0
Net Income	−174 000	54 000	−63 000	−31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	304 000	234 000	237 000	286 000
Total Current Assets	42 000	226 000	106 000	22 000
Total Assets	346 000	461 000	343 000	309 000
Total Retained Equity	−232 000	−58 000	−112 000	−50 000
Total Equity	−102 000	72 000	18 000	−20 000
Total Long-Term Debt	0	66 000	133 000	188 000
Total Current Debt	448 000	323 000	192 000	140 000
Total Equity and Debt	346 000	461 000	343 000	309 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	926 000	2 216 000	1 372 000	764 000
Other Income	0	35 000	0	0
Revenue	926 000	2 251 000	1 372 000	764 000
Cost of Goods Sold	635 000	1 197 000	735 000	1 000
Salary Costs	108 000	587 000	319 000	488 000
Depreciation	86 000	77 000	69 000	66 000
Impairment	0	0	0	0
Expenditure	1 086 000	2 196 000	1 413 000	780 000
Operating Profit	−159 000	56 000	−41 000	−15 000
Financial Income	0	0	0	0
Financial Costs	15 000	1 000	21 000	16 000
Financial Balance	−15 000	−1 000	−21 000	−16 000
Dividends	0	0	0	0
Net Income	−174 000	54 000	−63 000	−31 000

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	304 000	234 000	237 000	286 000
Total Tangible Assets	304 000	234 000	237 000	286 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	304 000	234 000	237 000	286 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	42 000	86 000	100 000	22 000
Total Current Assets	42 000	226 000	106 000	22 000
Total Assets	346 000	461 000	343 000	309 000
Total Equity	−102 000	72 000	18 000	−20 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	66 000	133 000	188 000
Creditors	101 000	162 000	62 000	40 000
Unpaid Taxes	15 000	45 000	100 000	34 000
Dividends	0	0	0	0
Other Current Debt	333 000	117 000	31 000	66 000
Total Current Debt	448 000	323 000	192 000	140 000
Total Equity and Debt	346 000	461 000	343 000	309 000

Financial indicators	2022	2021	2020	2019
Return on Equity	170,59 %	75 %	−350 %	155 %
Debt-to-Equity Ratio	−0	0,92	7,39	−9,4
Operating Profit Margin	−17,17 %	2,49 %	−2,99 %	−1,96 %
Current Ratio	0,09	0,7	0,55	0,16
Quick Ratio	0,09	0,7	0,55	0,16
Equity Ratio	−0,29	0,16	0,05	−0,06
Gross Profit Margin	31,43 %	46,82 %	46,43 %	99,87 %