HOVDAN SEIL AS

0671 OSLO

Finances

Share Ownership

Return on Equity

12,39 %

Current Ratio

3,22

Debt-to-Equity Ratio

0,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 306 000	5 133 000	4 952 000	4 838 000
Net Income	320 000	−49 000	977 000	370 000
Total Assets	4 925 000	4 979 000	5 122 000	4 446 000
Total Equity	2 582 000	2 262 000	2 312 000	1 835 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 306 000	5 133 000	4 952 000	4 838 000
Expenditure	5 090 000	5 029 000	3 900 000	4 179 000
Operating Profit	416 000	−63 000	1 294 000	531 000
Financial Income	17 000	4 000	12 000	14 000
Financial Costs	81 000	65 000	58 000	71 000
Financial Balance	−64 000	−61 000	−46 000	−57 000
Earnings Before Tax	351 000	−124 000	1 248 000	475 000
Tax	31 000	−74 000	271 000	105 000
Net Income	320 000	−49 000	977 000	370 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 721 000	1 636 000	1 832 000	1 462 000
Total Current Assets	3 204 000	3 342 000	3 290 000	2 984 000
Total Assets	4 925 000	4 979 000	5 122 000	4 446 000
Total Retained Equity	2 482 000	2 162 000	2 212 000	1 735 000
Total Equity	2 582 000	2 262 000	2 312 000	1 835 000
Total Long-Term Debt	1 348 000	1 510 000	1 672 000	1 520 000
Total Current Debt	994 000	1 207 000	1 139 000	1 091 000
Total Equity and Debt	4 925 000	4 979 000	5 122 000	4 446 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 092 000	4 903 000	4 710 000	4 838 000
Other Income	213 000	230 000	242 000	0
Revenue	5 306 000	5 133 000	4 952 000	4 838 000
Cost of Goods Sold	1 948 000	1 709 000	2 027 000	1 647 000
Salary Costs	2 315 000	2 624 000	1 185 000	1 834 000
Depreciation	263 000	270 000	222 000	221 000
Impairment	0	0	0	0
Expenditure	5 090 000	5 029 000	3 900 000	4 179 000
Operating Profit	416 000	−63 000	1 294 000	531 000
Financial Income	17 000	4 000	12 000	14 000
Financial Costs	81 000	65 000	58 000	71 000
Financial Balance	−64 000	−61 000	−46 000	−57 000
Dividends	0	0	500 000	500 000
Net Income	320 000	−49 000	977 000	370 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	140 000	171 000	97 000	157 000
Real Eastate	714 000	777 000	841 000	904 000
Machinery and Plant Facilities	24 000	50 000	76 000	103 000
Fixtures	789 000	584 000	764 000	194 000
Total Tangible Assets	1 526 000	1 411 000	1 681 000	1 251 000
Total Fiancial Fixed Assets	54 000	54 000	54 000	54 000
Total Fixed Assets	1 721 000	1 636 000	1 832 000	1 462 000
Stock	597 000	398 000	565 000	322 000
Total Investments	0	0	0	0
Cash, Bank	2 505 000	2 872 000	2 568 000	2 517 000
Total Current Assets	3 204 000	3 342 000	3 290 000	2 984 000
Total Assets	4 925 000	4 979 000	5 122 000	4 446 000
Total Equity	2 582 000	2 262 000	2 312 000	1 835 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 348 000	1 510 000	1 672 000	1 520 000
Creditors	433 000	91 000	166 000	46 000
Unpaid Taxes	350 000	761 000	159 000	259 000
Dividends	0	0	500 000	500 000
Other Current Debt	212 000	355 000	103 000	163 000
Total Current Debt	994 000	1 207 000	1 139 000	1 091 000
Total Equity and Debt	4 925 000	4 979 000	5 122 000	4 446 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,39 %	−2,17 %	42,26 %	20,16 %
Debt-to-Equity Ratio	0,52	0,67	0,72	0,83
Operating Profit Margin	7,84 %	−1,23 %	26,13 %	10,98 %
Current Ratio	3,22	2,77	2,89	2,74
Quick Ratio	8,07	4,13	5,73	3,88
Equity Ratio	0,52	0,45	0,45	0,41
Gross Profit Margin	63,29 %	66,71 %	59,07 %	65,96 %