HØVRINGEN HANDEL AS

2673 HØVRINGEN

Finances

Return on Equity

−1,09 %

Current Ratio

2,85

Debt-to-Equity Ratio

1,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 329 000	4 668 000	5 589 000	4 535 000
Net Income	−4 000	−61 000	354 000	−185 000
Total Assets	1 159 000	1 267 000	1 586 000	1 273 000
Total Equity	367 000	372 000	433 000	79 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 329 000	4 668 000	5 589 000	4 535 000
Expenditure	4 312 000	4 708 000	5 210 000	4 687 000
Operating Profit	18 000	−41 000	379 000	−151 000
Financial Income	5 000	5 000	5 000	4 000
Financial Costs	27 000	25 000	30 000	38 000
Financial Balance	−22 000	−20 000	−25 000	−34 000
Earnings Before Tax	−4 000	−61 000	354 000	−185 000
Tax	0	0	0	0
Net Income	−4 000	−61 000	354 000	−185 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	86 000	113 000	160 000	193 000
Total Current Assets	1 073 000	1 154 000	1 426 000	1 080 000
Total Assets	1 159 000	1 267 000	1 586 000	1 273 000
Total Retained Equity	267 000	272 000	333 000	−21 000
Total Equity	367 000	372 000	433 000	79 000
Total Long-Term Debt	415 000	471 000	527 000	580 000
Total Current Debt	376 000	424 000	626 000	614 000
Total Equity and Debt	1 159 000	1 267 000	1 586 000	1 273 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 292 000	4 426 000	5 232 000	4 482 000
Other Income	37 000	241 000	357 000	53 000
Revenue	4 329 000	4 668 000	5 589 000	4 535 000
Cost of Goods Sold	2 883 000	3 030 000	3 413 000	2 865 000
Salary Costs	755 000	984 000	1 194 000	1 184 000
Depreciation	23 000	47 000	59 000	87 000
Impairment	0	0	0	0
Expenditure	4 312 000	4 708 000	5 210 000	4 687 000
Operating Profit	18 000	−41 000	379 000	−151 000
Financial Income	5 000	5 000	5 000	4 000
Financial Costs	27 000	25 000	30 000	38 000
Financial Balance	−22 000	−20 000	−25 000	−34 000
Dividends	0	0	0	0
Net Income	−4 000	−61 000	354 000	−185 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	54 000	60 000	90 000	137 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	12 000	29 000	46 000	32 000
Total Tangible Assets	66 000	89 000	136 000	169 000
Total Fiancial Fixed Assets	20 000	24 000	24 000	24 000
Total Fixed Assets	86 000	113 000	160 000	193 000
Stock	889 000	783 000	807 000	750 000
Total Investments	0	0	0	0
Cash, Bank	67 000	131 000	364 000	70 000
Total Current Assets	1 073 000	1 154 000	1 426 000	1 080 000
Total Assets	1 159 000	1 267 000	1 586 000	1 273 000
Total Equity	367 000	372 000	433 000	79 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	415 000	471 000	527 000	580 000
Creditors	240 000	197 000	345 000	362 000
Unpaid Taxes	17 000	47 000	48 000	47 000
Dividends	0	0	0	0
Other Current Debt	119 000	180 000	233 000	204 000
Total Current Debt	376 000	424 000	626 000	614 000
Total Equity and Debt	1 159 000	1 267 000	1 586 000	1 273 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,09 %	−16,4 %	81,76 %	−234,18 %
Debt-to-Equity Ratio	1,13	1,27	1,22	7,34
Operating Profit Margin	0,42 %	−0,88 %	6,78 %	−3,33 %
Current Ratio	2,85	2,72	2,28	1,76
Quick Ratio	−2,09	−3,21	−7,88	−7,94
Equity Ratio	0,32	0,29	0,27	0,06
Gross Profit Margin	33,4 %	35,09 %	38,93 %	36,82 %