HØVA ELEKTRO AS

5105 EIDSVÅG I ÅSANE

Finances

Return on Equity

−31,83 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 341 000	11 841 000	13 012 000	11 437 000
Net Income	−269 000	592 000	2 170 000	−2 563 000
Total Assets	5 155 000	4 825 000	3 892 000	3 039 000
Total Equity	845 000	1 114 000	522 000	−1 648 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 341 000	11 841 000	13 012 000	11 437 000
Expenditure	12 625 000	11 275 000	10 844 000	13 564 000
Operating Profit	−284 000	567 000	2 168 000	−2 128 000
Financial Income	25 000	33 000	36 000	25 000
Financial Costs	10 000	8 000	34 000	130 000
Financial Balance	15 000	25 000	2 000	−105 000
Earnings Before Tax	−269 000	592 000	2 170 000	−2 233 000
Tax	0	0	0	330 000
Net Income	−269 000	592 000	2 170 000	−2 563 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	279 000	403 000	372 000	304 000
Total Current Assets	4 876 000	4 421 000	3 520 000	2 734 000
Total Assets	5 155 000	4 825 000	3 892 000	3 039 000
Total Retained Equity	695 000	964 000	372 000	−1 798 000
Total Equity	845 000	1 114 000	522 000	−1 648 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 311 000	3 711 000	3 369 000	4 686 000
Total Equity and Debt	5 155 000	4 825 000	3 892 000	3 039 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 341 000	11 841 000	13 012 000	11 437 000
Other Income	0	0	0	0
Revenue	12 341 000	11 841 000	13 012 000	11 437 000
Cost of Goods Sold	2 845 000	2 772 000	3 190 000	2 744 000
Salary Costs	7 247 000	6 070 000	5 529 000	7 933 000
Depreciation	97 000	107 000	73 000	52 000
Impairment	0	0	0	0
Expenditure	12 625 000	11 275 000	10 844 000	13 564 000
Operating Profit	−284 000	567 000	2 168 000	−2 128 000
Financial Income	25 000	33 000	36 000	25 000
Financial Costs	10 000	8 000	34 000	130 000
Financial Balance	15 000	25 000	2 000	−105 000
Dividends	0	0	0	0
Net Income	−269 000	592 000	2 170 000	−2 563 000

Balance details (NOK)	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	144 000	228 000	121 000	193 000
Total Tangible Assets	144 000	228 000	121 000	193 000
Total Fiancial Fixed Assets	135 000	175 000	251 000	111 000
Total Fixed Assets	279 000	403 000	372 000	304 000
Stock	829 000	714 000	714 000	687 000
Total Investments	0	0	0	0
Cash, Bank	1 205 000	1 055 000	589 000	176 000
Total Current Assets	4 876 000	4 421 000	3 520 000	2 734 000
Total Assets	5 155 000	4 825 000	3 892 000	3 039 000
Total Equity	845 000	1 114 000	522 000	−1 648 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	625 000	330 000	1 894 000	2 372 000
Unpaid Taxes	1 237 000	1 084 000	879 000	1 323 000
Dividends	0	0	0	0
Other Current Debt	2 449 000	2 297 000	596 000	991 000
Total Current Debt	4 311 000	3 711 000	3 369 000	4 686 000
Total Equity and Debt	5 155 000	4 825 000	3 892 000	3 039 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−31,83 %	53,14 %	415,71 %	155,52 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	−2,3 %	4,79 %	16,66 %	−18,61 %
Current Ratio	1,13	1,19	1,04	0,58
Quick Ratio	1,4	1,48	1,33	0,68
Equity Ratio	0,16	0,23	0,13	−0,54
Gross Profit Margin	76,95 %	76,59 %	75,48 %	76,01 %