HOVEN TRADING AS

0374 OSLO

Finances

Share Ownership

Return on Equity

101,43 %

Current Ratio

0,17

Debt-to-Equity Ratio

0,06

Key figures (USD)	2022	2021	2020	2019
Revenue	29 989 000	36 789 000	35 328 000	71 000
Net Income	5 814 000	5 196 000	2 598 000	−53 000
Total Assets	16 074 000	20 783 000	3 114 000	719 000
Total Equity	5 732 000	50 000	10 000	3 000

Income (USD)	2022	2021	2020	2019
Revenue	29 989 000	36 789 000	35 328 000	71 000
Expenditure	23 374 000	30 410 000	32 142 000	139 000
Operating Profit	6 615 000	6 379 000	3 186 000	−68 000
Financial Income	877 000	339 000	152 000	0
Financial Costs	34 000	56 000	7 000	0
Financial Balance	843 000	283 000	145 000	0
Earnings Before Tax	7 458 000	6 662 000	3 331 000	−68 000
Tax	1 644 000	1 466 000	733 000	−15 000
Net Income	5 814 000	5 196 000	2 598 000	−53 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	14 412 000	11 575 000	1 680 000	0
Total Current Assets	1 662 000	9 208 000	1 434 000	719 000
Total Assets	16 074 000	20 783 000	3 114 000	719 000
Total Retained Equity	5 728 000	46 000	6 000	0
Total Equity	5 732 000	50 000	10 000	3 000
Total Long-Term Debt	350 000	67 000	0	0
Total Current Debt	9 992 000	20 666 000	3 104 000	716 000
Total Equity and Debt	16 074 000	20 783 000	3 114 000	719 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	29 983 000	36 752 000	35 069 000	71 000
Other Income	6 000	37 000	259 000	0
Revenue	29 989 000	36 789 000	35 328 000	71 000
Cost of Goods Sold	22 763 000	29 178 000	31 540 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	23 374 000	30 410 000	32 142 000	139 000
Operating Profit	6 615 000	6 379 000	3 186 000	−68 000
Financial Income	877 000	339 000	152 000	0
Financial Costs	34 000	56 000	7 000	0
Financial Balance	843 000	283 000	145 000	0
Dividends	0	5 783 000	1 723 000	0
Net Income	5 814 000	5 196 000	2 598 000	−53 000

Balance details (USD)	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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	14 412 000	11 575 000	1 680 000	0
Total Fixed Assets	14 412 000	11 575 000	1 680 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 000	4 328 000	743 000	45 000
Total Current Assets	1 662 000	9 208 000	1 434 000	719 000
Total Assets	16 074 000	20 783 000	3 114 000	719 000
Total Equity	5 732 000	50 000	10 000	3 000
Short-Term Group Debt	169 000	200 000	0	0
Total Long-Term Debt	350 000	67 000	0	0
Creditors	8 289 000	13 108 000	882 000	148 000
Unpaid Taxes	0	0	0	0
Dividends	0	5 783 000	1 723 000	0
Other Current Debt	210 000	1 575 000	499 000	568 000
Total Current Debt	9 992 000	20 666 000	3 104 000	716 000
Total Equity and Debt	16 074 000	20 783 000	3 114 000	719 000

Financial indicators	2022	2021	2020	2019
Return on Equity	101,43 %	10 392 %	25 980 %	−1 766,67 %
Debt-to-Equity Ratio	0,06	1,34	0	0
Operating Profit Margin	22,06 %	17,34 %	9,02 %	−95,77 %
Current Ratio	0,17	0,45	0,46	1
Quick Ratio	0,17	0,45	0,46	1
Equity Ratio	0,36	0	0	0
Gross Profit Margin	24,1 %	20,69 %	10,72 %	100 %