HOV BIO AS

9023 KROKELVDALEN

Finances

Return on Equity

13,76 %

Current Ratio

18,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	354 000	558 000	451 000	1 489 000
Net Income	127 000	−28 000	70 000	−64 000
Total Assets	971 000	1 142 000	1 907 000	1 804 000
Total Equity	923 000	796 000	1 044 000	974 000

Income (NOK)	2022	2021	2020	2019
Revenue	354 000	558 000	451 000	1 489 000
Expenditure	186 000	362 000	371 000	1 514 000
Operating Profit	168 000	196 000	81 000	−24 000
Financial Income	1 000	0	30 000	1 000
Financial Costs	7 000	186 000	20 000	15 000
Financial Balance	−6 000	−186 000	10 000	−14 000
Earnings Before Tax	162 000	10 000	91 000	−38 000
Tax	35 000	38 000	21 000	26 000
Net Income	127 000	−28 000	70 000	−64 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	75 000	90 000	288 000	327 000
Total Current Assets	896 000	1 051 000	1 618 000	1 477 000
Total Assets	971 000	1 142 000	1 907 000	1 804 000
Total Retained Equity	323 000	196 000	444 000	374 000
Total Equity	923 000	796 000	1 044 000	974 000
Total Long-Term Debt	0	0	437 000	437 000
Total Current Debt	48 000	345 000	426 000	394 000
Total Equity and Debt	971 000	1 142 000	1 907 000	1 804 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	267 000	542 000	451 000	1 489 000
Other Income	87 000	16 000	0	0
Revenue	354 000	558 000	451 000	1 489 000
Cost of Goods Sold	107 000	251 000	124 000	375 000
Salary Costs	−4 000	0	29 000	289 000
Depreciation	15 000	18 000	39 000	47 000
Impairment	0	0	0	0
Expenditure	186 000	362 000	371 000	1 514 000
Operating Profit	168 000	196 000	81 000	−24 000
Financial Income	1 000	0	30 000	1 000
Financial Costs	7 000	186 000	20 000	15 000
Financial Balance	−6 000	−186 000	10 000	−14 000
Dividends	0	19 000	0	0
Net Income	127 000	−28 000	70 000	−64 000

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	55 000	70 000	88 000	127 000
Total Tangible Assets	55 000	70 000	88 000	127 000
Total Fiancial Fixed Assets	20 000	20 000	200 000	200 000
Total Fixed Assets	75 000	90 000	288 000	327 000
Stock	36 000	0	106 000	30 000
Total Investments	0	0	0	0
Cash, Bank	857 000	1 024 000	1 463 000	913 000
Total Current Assets	896 000	1 051 000	1 618 000	1 477 000
Total Assets	971 000	1 142 000	1 907 000	1 804 000
Total Equity	923 000	796 000	1 044 000	974 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	437 000	437 000
Creditors	13 000	88 000	289 000	202 000
Unpaid Taxes	0	0	0	17 000
Dividends	0	19 000	0	0
Other Current Debt	0	0	116 000	148 000
Total Current Debt	48 000	345 000	426 000	394 000
Total Equity and Debt	971 000	1 142 000	1 907 000	1 804 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,76 %	−3,52 %	6,7 %	−6,57 %
Debt-to-Equity Ratio	0	0	0,42	0,45
Operating Profit Margin	47,46 %	35,13 %	17,96 %	−1,61 %
Current Ratio	18,67	3,05	3,8	3,75
Quick Ratio	74,67	3,05	5,06	4,06
Equity Ratio	0,95	0,7	0,55	0,54
Gross Profit Margin	69,77 %	55,02 %	72,51 %	74,82 %