HOVE SOFTWARE AS

1443 DRØBAK

Finances

Share Ownership

Return on Equity

12,44 %

Current Ratio

19,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 313 000	1 085 000	1 118 000	877 000
Net Income	25 000	190 000	226 000	272 000
Total Assets	211 000	609 000	553 000	637 000
Total Equity	201 000	176 000	186 000	260 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 313 000	1 085 000	1 118 000	877 000
Expenditure	1 274 000	844 000	829 000	530 000
Operating Profit	38 000	242 000	288 000	348 000
Financial Income	4 000	4 000	2 000	3 000
Financial Costs	11 000	1 000	0	2 000
Financial Balance	−7 000	3 000	2 000	1 000
Earnings Before Tax	32 000	244 000	290 000	349 000
Tax	7 000	54 000	64 000	77 000
Net Income	25 000	190 000	226 000	272 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	211 000	609 000	553 000	637 000
Total Assets	211 000	609 000	553 000	637 000
Total Retained Equity	101 000	76 000	86 000	160 000
Total Equity	201 000	176 000	186 000	260 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 000	433 000	367 000	377 000
Total Equity and Debt	211 000	609 000	553 000	637 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 313 000	1 085 000	1 118 000	877 000
Other Income	0	0	0	0
Revenue	1 313 000	1 085 000	1 118 000	877 000
Cost of Goods Sold	1 209 000	758 000	761 000	458 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 274 000	844 000	829 000	530 000
Operating Profit	38 000	242 000	288 000	348 000
Financial Income	4 000	4 000	2 000	3 000
Financial Costs	11 000	1 000	0	2 000
Financial Balance	−7 000	3 000	2 000	1 000
Dividends	0	200 000	300 000	300 000
Net Income	25 000	190 000	226 000	272 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	88 000	536 000	476 000	588 000
Total Current Assets	211 000	609 000	553 000	637 000
Total Assets	211 000	609 000	553 000	637 000
Total Equity	201 000	176 000	186 000	260 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	176 000	0	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	200 000	300 000	300 000
Other Current Debt	3 000	4 000	3 000	0
Total Current Debt	11 000	433 000	367 000	377 000
Total Equity and Debt	211 000	609 000	553 000	637 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,44 %	107,95 %	121,51 %	104,62 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,89 %	22,3 %	25,76 %	39,68 %
Current Ratio	19,18	1,41	1,51	1,69
Quick Ratio	19,18	1,41	1,51	1,69
Equity Ratio	0,95	0,29	0,34	0,41
Gross Profit Margin	7,92 %	30,14 %	31,93 %	47,78 %