HOVIN TREVARE JESSHEIM GLASS SERVICE AS

2067 JESSHEIM

Finances

Share Ownership

Return on Equity

28,11 %

Current Ratio

1,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 145 000	4 319 000	3 359 000	3 493 000
Net Income	219 000	191 000	112 000	83 000
Total Assets	1 801 000	1 451 000	1 116 000	1 030 000
Total Equity	779 000	560 000	369 000	257 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 145 000	4 319 000	3 359 000	3 493 000
Expenditure	3 864 000	4 060 000	3 202 000	3 405 000
Operating Profit	280 000	259 000	157 000	88 000
Financial Income	2 000	2 000	1 000	7 000
Financial Costs	0	12 000	11 000	2 000
Financial Balance	2 000	−10 000	−10 000	5 000
Earnings Before Tax	282 000	249 000	147 000	93 000
Tax	63 000	58 000	35 000	10 000
Net Income	219 000	191 000	112 000	83 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	87 000	68 000	85 000	103 000
Total Current Assets	1 714 000	1 383 000	1 031 000	927 000
Total Assets	1 801 000	1 451 000	1 116 000	1 030 000
Total Retained Equity	679 000	460 000	269 000	157 000
Total Equity	779 000	560 000	369 000	257 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 022 000	891 000	747 000	773 000
Total Equity and Debt	1 801 000	1 451 000	1 116 000	1 030 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 145 000	4 281 000	3 359 000	3 493 000
Other Income	0	38 000	0	0
Revenue	4 145 000	4 319 000	3 359 000	3 493 000
Cost of Goods Sold	1 454 000	1 668 000	1 042 000	1 191 000
Salary Costs	1 562 000	1 613 000	1 461 000	1 494 000
Depreciation	26 000	18 000	18 000	22 000
Impairment	0	0	0	0
Expenditure	3 864 000	4 060 000	3 202 000	3 405 000
Operating Profit	280 000	259 000	157 000	88 000
Financial Income	2 000	2 000	1 000	7 000
Financial Costs	0	12 000	11 000	2 000
Financial Balance	2 000	−10 000	−10 000	5 000
Dividends	0	0	0	0
Net Income	219 000	191 000	112 000	83 000

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	82 000	63 000	80 000	98 000
Total Tangible Assets	82 000	63 000	80 000	98 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	87 000	68 000	85 000	103 000
Stock	228 000	286 000	250 000	293 000
Total Investments	0	0	0	0
Cash, Bank	1 247 000	952 000	516 000	224 000
Total Current Assets	1 714 000	1 383 000	1 031 000	927 000
Total Assets	1 801 000	1 451 000	1 116 000	1 030 000
Total Equity	779 000	560 000	369 000	257 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	153 000	72 000	118 000	37 000
Unpaid Taxes	298 000	302 000	263 000	259 000
Dividends	0	0	0	0
Other Current Debt	508 000	459 000	332 000	466 000
Total Current Debt	1 022 000	891 000	747 000	773 000
Total Equity and Debt	1 801 000	1 451 000	1 116 000	1 030 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,11 %	34,11 %	30,35 %	32,3 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,76 %	6 %	4,67 %	2,52 %
Current Ratio	1,68	1,55	1,38	1,2
Quick Ratio	2,16	2,29	2,07	1,93
Equity Ratio	0,43	0,39	0,33	0,25
Gross Profit Margin	64,92 %	61,38 %	68,98 %	65,9 %