HOVDEN FJELLSTOGE AS

4755 HOVDEN I SETESDAL

Finances

Share Ownership

Return on Equity

−53,21 %

Current Ratio

1,46

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 720 000	15 575 000	13 506 000	12 982 000
Net Income	−581 000	−927 000	8 000	193 000
Total Assets	2 694 000	5 125 000	3 593 000	4 841 000
Total Equity	1 092 000	1 395 000	407 000	349 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 720 000	15 575 000	13 506 000	12 982 000
Expenditure	14 455 000	16 730 000	13 503 000	13 289 000
Operating Profit	−736 000	−1 154 000	3 000	−308 000
Financial Income	8 000	6 000	5 000	30 000
Financial Costs	15 000	13 000	12 000	48 000
Financial Balance	−7 000	−7 000	−7 000	−18 000
Earnings Before Tax	−742 000	−1 161 000	−4 000	−327 000
Tax	−162 000	−235 000	−12 000	−520 000
Net Income	−581 000	−927 000	8 000	193 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	396 000	423 000	475 000	506 000
Total Current Assets	2 298 000	4 701 000	3 118 000	4 335 000
Total Assets	2 694 000	5 125 000	3 593 000	4 841 000
Total Retained Equity	0	8 000	8 000	0
Total Equity	1 092 000	1 395 000	407 000	349 000
Total Long-Term Debt	25 000	275 000	365 000	390 000
Total Current Debt	1 578 000	3 455 000	2 821 000	4 102 000
Total Equity and Debt	2 694 000	5 125 000	3 593 000	4 841 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 342 000	15 182 000	13 472 000	12 551 000
Other Income	377 000	394 000	34 000	431 000
Revenue	13 720 000	15 575 000	13 506 000	12 982 000
Cost of Goods Sold	3 052 000	3 577 000	3 316 000	3 380 000
Salary Costs	6 496 000	7 441 000	5 983 000	5 667 000
Depreciation	110 000	112 000	108 000	114 000
Impairment	0	0	0	0
Expenditure	14 455 000	16 730 000	13 503 000	13 289 000
Operating Profit	−736 000	−1 154 000	3 000	−308 000
Financial Income	8 000	6 000	5 000	30 000
Financial Costs	15 000	13 000	12 000	48 000
Financial Balance	−7 000	−7 000	−7 000	−18 000
Dividends	0	0	0	0
Net Income	−581 000	−927 000	8 000	193 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	181 000	98 000	38 000	41 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	212 000	322 000	434 000	462 000
Total Tangible Assets	212 000	322 000	434 000	462 000
Total Fiancial Fixed Assets	3 000	3 000	3 000	3 000
Total Fixed Assets	396 000	423 000	475 000	506 000
Stock	202 000	267 000	323 000	214 000
Total Investments	0	0	0	0
Cash, Bank	264 000	547 000	268 000	582 000
Total Current Assets	2 298 000	4 701 000	3 118 000	4 335 000
Total Assets	2 694 000	5 125 000	3 593 000	4 841 000
Total Equity	1 092 000	1 395 000	407 000	349 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	25 000	275 000	365 000	390 000
Creditors	575 000	178 000	1 610 000	2 473 000
Unpaid Taxes	252 000	409 000	261 000	432 000
Dividends	0	0	0	0
Other Current Debt	693 000	1 005 000	912 000	945 000
Total Current Debt	1 578 000	3 455 000	2 821 000	4 102 000
Total Equity and Debt	2 694 000	5 125 000	3 593 000	4 841 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−53,21 %	−66,45 %	1,97 %	55,3 %
Debt-to-Equity Ratio	0,02	0,2	0,9	1,12
Operating Profit Margin	−5,36 %	−7,41 %	0,02 %	−2,37 %
Current Ratio	1,46	1,36	1,11	1,06
Quick Ratio	1,67	1,47	1,25	1,11
Equity Ratio	0,41	0,27	0,11	0,07
Gross Profit Margin	77,76 %	77,03 %	75,45 %	73,96 %