HOVDEN MØBEL AS

6160 HOVDEBYGDA

Finances

Share Ownership

Return on Equity

−9,28 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 416 000	38 939 000	32 675 000	28 323 000
Net Income	−212 000	1 561 000	405 000	597 000
Total Assets	10 583 000	9 267 000	9 106 000	8 457 000
Total Equity	2 284 000	3 989 000	2 428 000	3 617 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 416 000	38 939 000	32 675 000	28 323 000
Expenditure	42 477 000	36 777 000	32 147 000	27 387 000
Operating Profit	−60 000	2 164 000	527 000	937 000
Financial Income	520 000	510 000	676 000	225 000
Financial Costs	724 000	669 000	681 000	393 000
Financial Balance	−204 000	−159 000	−5 000	−168 000
Earnings Before Tax	−264 000	2 005 000	523 000	768 000
Tax	−52 000	444 000	118 000	171 000
Net Income	−212 000	1 561 000	405 000	597 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 033 000	2 183 000	2 960 000	2 277 000
Total Current Assets	8 550 000	7 084 000	6 146 000	6 180 000
Total Assets	10 583 000	9 267 000	9 106 000	8 457 000
Total Retained Equity	1 986 000	2 198 000	637 000	632 000
Total Equity	2 284 000	3 989 000	2 428 000	3 617 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 299 000	5 277 000	6 678 000	4 840 000
Total Equity and Debt	10 583 000	9 267 000	9 106 000	8 457 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 416 000	38 939 000	32 675 000	28 323 000
Other Income	0	0	0	0
Revenue	42 416 000	38 939 000	32 675 000	28 323 000
Cost of Goods Sold	33 049 000	28 967 000	24 996 000	19 956 000
Salary Costs	4 033 000	2 948 000	2 451 000	2 767 000
Depreciation	254 000	285 000	286 000	289 000
Impairment	0	0	0	0
Expenditure	42 477 000	36 777 000	32 147 000	27 387 000
Operating Profit	−60 000	2 164 000	527 000	937 000
Financial Income	520 000	510 000	676 000	225 000
Financial Costs	724 000	669 000	681 000	393 000
Financial Balance	−204 000	−159 000	−5 000	−168 000
Dividends	0	0	400 000	0
Net Income	−212 000	1 561 000	405 000	597 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	915 000	1 025 000	1 706 000	2 062 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	66 000	159 000	206 000	215 000
Total Tangible Assets	66 000	159 000	206 000	215 000
Total Fiancial Fixed Assets	1 051 000	999 000	1 047 000	0
Total Fixed Assets	2 033 000	2 183 000	2 960 000	2 277 000
Stock	70 000	94 000	768 000	110 000
Total Investments	0	0	0	0
Cash, Bank	274 000	900 000	143 000	837 000
Total Current Assets	8 550 000	7 084 000	6 146 000	6 180 000
Total Assets	10 583 000	9 267 000	9 106 000	8 457 000
Total Equity	2 284 000	3 989 000	2 428 000	3 617 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 630 000	1 308 000	2 066 000	468 000
Unpaid Taxes	2 242 000	2 233 000	2 313 000	1 610 000
Dividends	0	0	400 000	0
Other Current Debt	435 000	303 000	415 000	323 000
Total Current Debt	8 299 000	5 277 000	6 678 000	4 840 000
Total Equity and Debt	10 583 000	9 267 000	9 106 000	8 457 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,28 %	39,13 %	16,68 %	16,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,14 %	5,56 %	1,61 %	3,31 %
Current Ratio	1,03	1,34	0,92	1,28
Quick Ratio	1,04	1,37	1,04	1,31
Equity Ratio	0,22	0,43	0,27	0,43
Gross Profit Margin	22,08 %	25,61 %	23,5 %	29,54 %