HOVDEN SPORT AS

4755 HOVDEN I SETESDAL

Finances

Return on Equity

−76,77 %

Current Ratio

1,24

Debt-to-Equity Ratio

2,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 342 000	8 422 000	7 552 000	7 212 000
Net Income	−575 000	53 000	−227 000	−803 000
Total Assets	6 293 000	6 440 000	6 301 000	6 726 000
Total Equity	749 000	1 324 000	1 271 000	298 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 342 000	8 422 000	7 552 000	7 212 000
Expenditure	7 885 000	8 190 000	7 487 000	7 522 000
Operating Profit	−543 000	232 000	65 000	−310 000
Financial Income	188 000	8 000	13 000	44 000
Financial Costs	220 000	187 000	304 000	436 000
Financial Balance	−32 000	−179 000	−291 000	−392 000
Earnings Before Tax	−575 000	53 000	−227 000	−702 000
Tax	0	0	0	101 000
Net Income	−575 000	53 000	−227 000	−803 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 564 000	1 977 000	2 246 000	1 442 000
Total Current Assets	4 729 000	4 464 000	4 056 000	5 284 000
Total Assets	6 293 000	6 440 000	6 301 000	6 726 000
Total Retained Equity	−523 000	53 000	0	23 000
Total Equity	749 000	1 324 000	1 271 000	298 000
Total Long-Term Debt	1 732 000	1 957 000	2 175 000	2 346 000
Total Current Debt	3 812 000	3 159 000	2 855 000	4 082 000
Total Equity and Debt	6 293 000	6 440 000	6 301 000	6 726 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 234 000	8 422 000	7 492 000	7 212 000
Other Income	108 000	0	60 000	0
Revenue	7 342 000	8 422 000	7 552 000	7 212 000
Cost of Goods Sold	4 540 000	5 033 000	4 868 000	4 379 000
Salary Costs	1 801 000	1 650 000	1 259 000	1 804 000
Depreciation	180 000	269 000	150 000	150 000
Impairment	0	0	0	0
Expenditure	7 885 000	8 190 000	7 487 000	7 522 000
Operating Profit	−543 000	232 000	65 000	−310 000
Financial Income	188 000	8 000	13 000	44 000
Financial Costs	220 000	187 000	304 000	436 000
Financial Balance	−32 000	−179 000	−291 000	−392 000
Dividends	0	0	0	0
Net Income	−575 000	53 000	−227 000	−803 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	28 000	140 000	176 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	864 000	1 349 000	1 506 000	670 000
Total Tangible Assets	864 000	1 377 000	1 646 000	846 000
Total Fiancial Fixed Assets	700 000	600 000	600 000	596 000
Total Fixed Assets	1 564 000	1 977 000	2 246 000	1 442 000
Stock	4 346 000	4 211 000	3 734 000	4 899 000
Total Investments	0	0	0	0
Cash, Bank	182 000	139 000	225 000	311 000
Total Current Assets	4 729 000	4 464 000	4 056 000	5 284 000
Total Assets	6 293 000	6 440 000	6 301 000	6 726 000
Total Equity	749 000	1 324 000	1 271 000	298 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 732 000	1 957 000	2 175 000	2 346 000
Creditors	2 045 000	1 245 000	1 407 000	1 958 000
Unpaid Taxes	109 000	89 000	300 000	85 000
Dividends	0	0	0	0
Other Current Debt	351 000	406 000	287 000	380 000
Total Current Debt	3 812 000	3 159 000	2 855 000	4 082 000
Total Equity and Debt	6 293 000	6 440 000	6 301 000	6 726 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−76,77 %	4 %	−17,86 %	−269,46 %
Debt-to-Equity Ratio	2,31	1,48	1,71	7,87
Operating Profit Margin	−7,4 %	2,75 %	0,86 %	−4,3 %
Current Ratio	1,24	1,41	1,42	1,29
Quick Ratio	−8,86	−4,24	−4,61	−6,47
Equity Ratio	0,12	0,21	0,2	0,04
Gross Profit Margin	38,16 %	40,24 %	35,54 %	39,28 %