ANDOR HOVDEN AS

6771 NORDFJORDEID

Finances

Share Ownership

Return on Equity

10,4 %

Current Ratio

1,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 254 000	10 944 000	13 902 000	12 599 000
Net Income	109 000	−766 000	271 000	−1 313 000
Total Assets	3 185 000	3 703 000	5 260 000	4 668 000
Total Equity	1 048 000	939 000	1 704 000	1 433 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 254 000	10 944 000	13 902 000	12 599 000
Expenditure	10 093 000	11 666 000	13 586 000	13 857 000
Operating Profit	160 000	−723 000	316 000	−1 259 000
Financial Income	2 000	2 000	3 000	3 000
Financial Costs	52 000	45 000	47 000	57 000
Financial Balance	−50 000	−43 000	−44 000	−54 000
Earnings Before Tax	109 000	−766 000	271 000	−1 313 000
Tax	0	0	0	0
Net Income	109 000	−766 000	271 000	−1 313 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	51 000	0	18 000	54 000
Total Current Assets	3 134 000	3 703 000	5 242 000	4 614 000
Total Assets	3 185 000	3 703 000	5 260 000	4 668 000
Total Retained Equity	897 000	788 000	1 553 000	1 282 000
Total Equity	1 048 000	939 000	1 704 000	1 433 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 137 000	2 764 000	3 556 000	3 235 000
Total Equity and Debt	3 185 000	3 703 000	5 260 000	4 668 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 400 000	11 984 000	13 918 000	12 671 000
Other Income	−146 000	−1 040 000	−16 000	−72 000
Revenue	10 254 000	10 944 000	13 902 000	12 599 000
Cost of Goods Sold	5 229 000	5 917 000	6 864 000	6 434 000
Salary Costs	2 948 000	3 944 000	4 631 000	5 231 000
Depreciation	0	12 000	37 000	85 000
Impairment	0	0	0	0
Expenditure	10 093 000	11 666 000	13 586 000	13 857 000
Operating Profit	160 000	−723 000	316 000	−1 259 000
Financial Income	2 000	2 000	3 000	3 000
Financial Costs	52 000	45 000	47 000	57 000
Financial Balance	−50 000	−43 000	−44 000	−54 000
Dividends	0	0	0	500 000
Net Income	109 000	−766 000	271 000	−1 313 000

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	18 000	54 000
Total Tangible Assets	0	0	18 000	54 000
Total Fiancial Fixed Assets	51 000	0	0	0
Total Fixed Assets	51 000	0	18 000	54 000
Stock	1 307 000	1 169 000	1 468 000	1 265 000
Total Investments	0	0	0	0
Cash, Bank	118 000	127 000	141 000	258 000
Total Current Assets	3 134 000	3 703 000	5 242 000	4 614 000
Total Assets	3 185 000	3 703 000	5 260 000	4 668 000
Total Equity	1 048 000	939 000	1 704 000	1 433 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	684 000	1 090 000	2 094 000	1 229 000
Unpaid Taxes	231 000	219 000	379 000	524 000
Dividends	0	0	0	500 000
Other Current Debt	300 000	736 000	723 000	924 000
Total Current Debt	2 137 000	2 764 000	3 556 000	3 235 000
Total Equity and Debt	3 185 000	3 703 000	5 260 000	4 668 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,4 %	−81,58 %	15,9 %	−91,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,56 %	−6,61 %	2,27 %	−9,99 %
Current Ratio	1,47	1,34	1,47	1,43
Quick Ratio	3,78	2,32	2,51	2,34
Equity Ratio	0,33	0,25	0,32	0,31
Gross Profit Margin	49,01 %	45,93 %	50,63 %	48,93 %