HOVLI AUTO AS

2920 LEIRA I VALDRES

Finances

Return on Equity

16,29 %

Current Ratio

2,1

Debt-to-Equity Ratio

0,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	230 898 000	308 232 000	186 251 000	166 238 000
Net Income	6 689 000	11 574 000	5 638 000	4 446 000
Total Assets	89 710 000	97 495 000	77 959 000	75 240 000
Total Equity	41 071 000	37 082 000	36 708 000	34 070 000

Income (NOK)	2022	2021	2020	2019
Revenue	230 898 000	308 232 000	186 251 000	166 238 000
Expenditure	221 474 000	292 690 000	178 495 000	160 595 000
Operating Profit	9 425 000	15 541 000	7 755 000	5 643 000
Financial Income	88 000	89 000	101 000	82 000
Financial Costs	975 000	744 000	−769 000	1 187 000
Financial Balance	−887 000	−655 000	870 000	−1 105 000
Earnings Before Tax	8 538 000	14 886 000	7 087 000	4 538 000
Tax	1 849 000	3 312 000	1 449 000	92 000
Net Income	6 689 000	11 574 000	5 638 000	4 446 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 552 000	32 702 000	32 336 000	33 554 000
Total Current Assets	60 158 000	64 794 000	45 623 000	41 685 000
Total Assets	89 710 000	97 495 000	77 959 000	75 240 000
Total Retained Equity	30 103 000	26 114 000	25 740 000	23 102 000
Total Equity	41 071 000	37 082 000	36 708 000	34 070 000
Total Long-Term Debt	20 030 000	22 962 000	18 909 000	22 038 000
Total Current Debt	28 609 000	37 452 000	22 342 000	19 132 000
Total Equity and Debt	89 710 000	97 495 000	77 959 000	75 240 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	229 727 000	306 999 000	185 249 000	165 373 000
Other Income	1 170 000	1 232 000	1 002 000	865 000
Revenue	230 898 000	308 232 000	186 251 000	166 238 000
Cost of Goods Sold	176 323 000	248 743 000	140 589 000	124 775 000
Salary Costs	28 236 000	27 267 000	23 408 000	22 802 000
Depreciation	4 013 000	3 927 000	3 697 000	2 760 000
Impairment	0	0	0	0
Expenditure	221 474 000	292 690 000	178 495 000	160 595 000
Operating Profit	9 425 000	15 541 000	7 755 000	5 643 000
Financial Income	88 000	89 000	101 000	82 000
Financial Costs	975 000	744 000	−769 000	1 187 000
Financial Balance	−887 000	−655 000	870 000	−1 105 000
Dividends	2 700 000	0	0	0
Net Income	6 689 000	11 574 000	5 638 000	4 446 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 474 000	2 148 000	1 620 000	1 109 000
Real Eastate	23 741 000	26 427 000	26 679 000	29 007 000
Machinery and Plant Facilities	0	294 000	0	0
Fixtures	3 283 000	3 779 000	3 983 000	3 434 000
Total Tangible Assets	27 024 000	30 500 000	30 662 000	32 441 000
Total Fiancial Fixed Assets	54 000	54 000	54 000	4 000
Total Fixed Assets	29 552 000	32 702 000	32 336 000	33 554 000
Stock	35 288 000	34 388 000	29 125 000	25 438 000
Total Investments	0	0	0	0
Cash, Bank	9 157 000	12 807 000	11 278 000	9 241 000
Total Current Assets	60 158 000	64 794 000	45 623 000	41 685 000
Total Assets	89 710 000	97 495 000	77 959 000	75 240 000
Total Equity	41 071 000	37 082 000	36 708 000	34 070 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 030 000	22 962 000	18 909 000	22 038 000
Creditors	7 301 000	7 155 000	9 093 000	8 103 000
Unpaid Taxes	8 089 000	7 893 000	4 695 000	3 961 000
Dividends	2 700 000	0	0	0
Other Current Debt	8 308 000	10 527 000	6 593 000	5 868 000
Total Current Debt	28 609 000	37 452 000	22 342 000	19 132 000
Total Equity and Debt	89 710 000	97 495 000	77 959 000	75 240 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,29 %	31,21 %	15,36 %	13,05 %
Debt-to-Equity Ratio	0,49	0,62	0,52	0,65
Operating Profit Margin	4,08 %	5,04 %	4,16 %	3,39 %
Current Ratio	2,1	1,73	2,04	2,18
Quick Ratio	−9,01	21,15	−6,73	−6,61
Equity Ratio	0,46	0,38	0,47	0,45
Gross Profit Margin	23,64 %	19,3 %	24,52 %	24,94 %