HOVENGA SKO AS

3914 PORSGRUNN

Finances

Share Ownership

Return on Equity

17,88 %

Current Ratio

1,25

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 924 000	16 861 000	15 412 000	17 334 000
Net Income	304 000	644 000	−171 000	−33 000
Total Assets	10 330 000	9 666 000	9 072 000	7 876 000
Total Equity	1 700 000	1 512 000	2 173 000	2 193 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 924 000	16 861 000	15 412 000	17 334 000
Expenditure	17 400 000	15 928 000	15 513 000	17 283 000
Operating Profit	524 000	933 000	−101 000	51 000
Financial Income	4 000	5 000	5 000	1 000
Financial Costs	134 000	112 000	121 000	94 000
Financial Balance	−130 000	−107 000	−116 000	−93 000
Earnings Before Tax	393 000	825 000	−217 000	−42 000
Tax	89 000	182 000	−46 000	−9 000
Net Income	304 000	644 000	−171 000	−33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	240 000	284 000	349 000	344 000
Total Current Assets	10 090 000	9 382 000	8 724 000	7 533 000
Total Assets	10 330 000	9 666 000	9 072 000	7 876 000
Total Retained Equity	1 600 000	1 412 000	2 073 000	2 093 000
Total Equity	1 700 000	1 512 000	2 173 000	2 193 000
Total Long-Term Debt	547 000	1 307 000	1 500 000	0
Total Current Debt	8 084 000	6 847 000	5 399 000	5 683 000
Total Equity and Debt	10 330 000	9 666 000	9 072 000	7 876 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 924 000	16 525 000	15 289 000	17 334 000
Other Income	0	336 000	123 000	0
Revenue	17 924 000	16 861 000	15 412 000	17 334 000
Cost of Goods Sold	8 605 000	7 845 000	7 523 000	8 669 000
Salary Costs	4 967 000	4 839 000	4 681 000	5 250 000
Depreciation	57 000	62 000	121 000	68 000
Impairment	0	0	0	0
Expenditure	17 400 000	15 928 000	15 513 000	17 283 000
Operating Profit	524 000	933 000	−101 000	51 000
Financial Income	4 000	5 000	5 000	1 000
Financial Costs	134 000	112 000	121 000	94 000
Financial Balance	−130 000	−107 000	−116 000	−93 000
Dividends	0	1 000 000	0	0
Net Income	304 000	644 000	−171 000	−33 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	131 000	117 000	120 000	116 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	109 000	166 000	228 000	227 000
Total Tangible Assets	109 000	166 000	228 000	227 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	240 000	284 000	349 000	344 000
Stock	8 366 000	7 050 000	6 895 000	6 917 000
Total Investments	0	0	0	0
Cash, Bank	841 000	2 330 000	1 632 000	345 000
Total Current Assets	10 090 000	9 382 000	8 724 000	7 533 000
Total Assets	10 330 000	9 666 000	9 072 000	7 876 000
Total Equity	1 700 000	1 512 000	2 173 000	2 193 000
Short-Term Group Debt	5 906 000	3 813 000	3 378 000	3 310 000
Total Long-Term Debt	547 000	1 307 000	1 500 000	0
Creditors	746 000	501 000	783 000	1 080 000
Unpaid Taxes	517 000	544 000	427 000	522 000
Dividends	0	1 000 000	0	0
Other Current Debt	846 000	896 000	811 000	770 000
Total Current Debt	8 084 000	6 847 000	5 399 000	5 683 000
Total Equity and Debt	10 330 000	9 666 000	9 072 000	7 876 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,88 %	42,59 %	−7,87 %	−1,5 %
Debt-to-Equity Ratio	0,32	0,86	0,69	0
Operating Profit Margin	2,92 %	5,53 %	−0,66 %	0,29 %
Current Ratio	1,25	1,37	1,62	1,33
Quick Ratio	−35,78	−46,22	−5,83	−6,1
Equity Ratio	0,16	0,16	0,24	0,28
Gross Profit Margin	51,99 %	53,47 %	51,19 %	49,99 %