HOVDE SPIKERI AS

2847 KOLBU

Finances

Share Ownership

Return on Equity

−7,49 %

Current Ratio

1,24

Debt-to-Equity Ratio

0,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 631 000	4 118 000	6 151 000	4 809 000
Net Income	−28 000	−29 000	65 000	294 000
Total Assets	1 290 000	1 500 000	1 553 000	1 087 000
Total Equity	374 000	402 000	430 000	765 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 631 000	4 118 000	6 151 000	4 809 000
Expenditure	5 607 000	4 112 000	6 095 000	4 429 000
Operating Profit	25 000	6 000	56 000	380 000
Financial Income	3 000	0	1 000	1 000
Financial Costs	50 000	30 000	26 000	4 000
Financial Balance	−47 000	−30 000	−25 000	−3 000
Earnings Before Tax	−22 000	−25 000	30 000	377 000
Tax	6 000	4 000	−35 000	83 000
Net Income	−28 000	−29 000	65 000	294 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	348 000	483 000	618 000	290 000
Total Current Assets	941 000	1 017 000	935 000	796 000
Total Assets	1 290 000	1 500 000	1 553 000	1 087 000
Total Retained Equity	74 000	102 000	130 000	465 000
Total Equity	374 000	402 000	430 000	765 000
Total Long-Term Debt	155 000	215 000	283 000	7 000
Total Current Debt	761 000	883 000	841 000	314 000
Total Equity and Debt	1 290 000	1 500 000	1 553 000	1 087 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 573 000	4 118 000	6 151 000	4 790 000
Other Income	58 000	0	0	19 000
Revenue	5 631 000	4 118 000	6 151 000	4 809 000
Cost of Goods Sold	4 161 000	2 938 000	4 201 000	2 840 000
Salary Costs	825 000	653 000	1 356 000	1 098 000
Depreciation	135 000	135 000	95 000	55 000
Impairment	0	0	0	0
Expenditure	5 607 000	4 112 000	6 095 000	4 429 000
Operating Profit	25 000	6 000	56 000	380 000
Financial Income	3 000	0	1 000	1 000
Financial Costs	50 000	30 000	26 000	4 000
Financial Balance	−47 000	−30 000	−25 000	−3 000
Dividends	0	0	400 000	0
Net Income	−28 000	−29 000	65 000	294 000

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	348 000	483 000	618 000	290 000
Total Tangible Assets	348 000	483 000	618 000	290 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	348 000	483 000	618 000	290 000
Stock	592 000	247 000	247 000	160 000
Total Investments	0	0	0	0
Cash, Bank	−743 000	−537 000	−50 000	203 000
Total Current Assets	941 000	1 017 000	935 000	796 000
Total Assets	1 290 000	1 500 000	1 553 000	1 087 000
Total Equity	374 000	402 000	430 000	765 000
Short-Term Group Debt	0	300 000	0	0
Total Long-Term Debt	155 000	215 000	283 000	7 000
Creditors	432 000	166 000	146 000	72 000
Unpaid Taxes	317 000	382 000	332 000	159 000
Dividends	0	0	400 000	0
Other Current Debt	5 000	22 000	2 000	0
Total Current Debt	761 000	883 000	841 000	314 000
Total Equity and Debt	1 290 000	1 500 000	1 553 000	1 087 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,49 %	−7,21 %	15,12 %	38,43 %
Debt-to-Equity Ratio	0,41	0,53	0,66	0,01
Operating Profit Margin	0,44 %	0,15 %	0,91 %	7,9 %
Current Ratio	1,24	1,15	1,11	2,54
Quick Ratio	5,57	1,6	1,57	5,17
Equity Ratio	0,29	0,27	0,28	0,7
Gross Profit Margin	26,11 %	28,65 %	31,7 %	40,94 %