HØVÅG VANN & HYTTESERVICE AS

4770 HØVÅG

Finances

Share Ownership

Return on Equity

60,03 %

Current Ratio

2,26

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 753 000	6 513 000	5 203 000	5 236 000
Net Income	1 092 000	1 552 000	1 011 000	716 000
Total Assets	2 637 000	3 767 000	3 129 000	4 205 000
Total Equity	1 819 000	2 827 000	1 775 000	3 464 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 753 000	6 513 000	5 203 000	5 236 000
Expenditure	4 364 000	4 523 000	3 905 000	4 342 000
Operating Profit	1 390 000	1 990 000	1 298 000	894 000
Financial Income	12 000	2 000	2 000	3 000
Financial Costs	2 000	2 000	5 000	3 000
Financial Balance	10 000	0	−3 000	0
Earnings Before Tax	1 400 000	1 990 000	1 296 000	894 000
Tax	308 000	438 000	285 000	178 000
Net Income	1 092 000	1 552 000	1 011 000	716 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	875 000	2 225 000	1 575 000	2 345 000
Total Current Assets	1 762 000	1 542 000	1 554 000	1 860 000
Total Assets	2 637 000	3 767 000	3 129 000	4 205 000
Total Retained Equity	1 719 000	2 727 000	1 675 000	3 364 000
Total Equity	1 819 000	2 827 000	1 775 000	3 464 000
Total Long-Term Debt	40 000	80 000	110 000	131 000
Total Current Debt	778 000	860 000	1 244 000	611 000
Total Equity and Debt	2 637 000	3 767 000	3 129 000	4 205 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 753 000	6 513 000	5 053 000	5 236 000
Other Income	0	0	150 000	0
Revenue	5 753 000	6 513 000	5 203 000	5 236 000
Cost of Goods Sold	2 233 000	2 443 000	1 497 000	1 837 000
Salary Costs	938 000	938 000	758 000	908 000
Depreciation	350 000	350 000	367 000	399 000
Impairment	0	0	0	0
Expenditure	4 364 000	4 523 000	3 905 000	4 342 000
Operating Profit	1 390 000	1 990 000	1 298 000	894 000
Financial Income	12 000	2 000	2 000	3 000
Financial Costs	2 000	2 000	5 000	3 000
Financial Balance	10 000	0	−3 000	0
Dividends	0	0	0	0
Net Income	1 092 000	1 552 000	1 011 000	716 000

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	870 000	1 220 000	1 570 000	1 340 000
Total Tangible Assets	870 000	1 220 000	1 570 000	1 340 000
Total Fiancial Fixed Assets	5 000	1 005 000	5 000	1 005 000
Total Fixed Assets	875 000	2 225 000	1 575 000	2 345 000
Stock	10 000	45 000	10 000	10 000
Total Investments	0	0	0	0
Cash, Bank	1 365 000	1 012 000	940 000	1 422 000
Total Current Assets	1 762 000	1 542 000	1 554 000	1 860 000
Total Assets	2 637 000	3 767 000	3 129 000	4 205 000
Total Equity	1 819 000	2 827 000	1 775 000	3 464 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	40 000	80 000	110 000	131 000
Creditors	217 000	161 000	231 000	215 000
Unpaid Taxes	131 000	157 000	151 000	103 000
Dividends	0	0	0	0
Other Current Debt	81 000	73 000	556 000	69 000
Total Current Debt	778 000	860 000	1 244 000	611 000
Total Equity and Debt	2 637 000	3 767 000	3 129 000	4 205 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,03 %	54,9 %	56,96 %	20,67 %
Debt-to-Equity Ratio	0,02	0,03	0,06	0,04
Operating Profit Margin	24,16 %	30,55 %	24,95 %	17,07 %
Current Ratio	2,26	1,79	1,25	3,04
Quick Ratio	2,29	1,89	1,26	3,09
Equity Ratio	0,69	0,75	0,57	0,82
Gross Profit Margin	61,19 %	62,49 %	71,23 %	64,92 %