HOVLAND & SØNNER AS

5443 BØMLO

Finances

Share Ownership

Return on Equity

2,09 %

Current Ratio

2,25

Debt-to-Equity Ratio

0,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 538 000	2 681 000	4 031 000	3 909 000
Net Income	366 000	−371 000	1 232 000	1 250 000
Total Assets	33 248 000	33 256 000	24 635 000	24 377 000
Total Equity	17 479 000	17 113 000	17 484 000	16 251 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 538 000	2 681 000	4 031 000	3 909 000
Expenditure	4 655 000	2 832 000	2 337 000	2 185 000
Operating Profit	883 000	−151 000	1 694 000	1 725 000
Financial Income	21 000	5 000	10 000	23 000
Financial Costs	435 000	329 000	124 000	145 000
Financial Balance	−414 000	−324 000	−114 000	−122 000
Earnings Before Tax	470 000	−475 000	1 580 000	1 603 000
Tax	103 000	−105 000	348 000	353 000
Net Income	366 000	−371 000	1 232 000	1 250 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 000 000	31 633 000	22 266 000	22 286 000
Total Current Assets	2 248 000	1 622 000	2 370 000	2 090 000
Total Assets	33 248 000	33 256 000	24 635 000	24 377 000
Total Retained Equity	16 779 000	16 413 000	16 784 000	15 551 000
Total Equity	17 479 000	17 113 000	17 484 000	16 251 000
Total Long-Term Debt	14 768 000	15 496 000	5 845 000	6 562 000
Total Current Debt	1 001 000	647 000	1 307 000	1 564 000
Total Equity and Debt	33 248 000	33 256 000	24 635 000	24 377 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 538 000	2 681 000	4 031 000	3 909 000
Other Income	0	0	0	0
Revenue	5 538 000	2 681 000	4 031 000	3 909 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 670 000	1 410 000	1 565 000	1 510 000
Depreciation	630 000	632 000	21 000	45 000
Impairment	0	0	0	0
Expenditure	4 655 000	2 832 000	2 337 000	2 185 000
Operating Profit	883 000	−151 000	1 694 000	1 725 000
Financial Income	21 000	5 000	10 000	23 000
Financial Costs	435 000	329 000	124 000	145 000
Financial Balance	−414 000	−324 000	−114 000	−122 000
Dividends	0	0	0	0
Net Income	366 000	−371 000	1 232 000	1 250 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	28 000 000	28 625 000	19 250 000	19 250 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	5 000	12 000	23 000
Total Tangible Assets	3 000 000	3 005 000	3 013 000	3 033 000
Total Fiancial Fixed Assets	0	3 000	3 000	3 000
Total Fixed Assets	31 000 000	31 633 000	22 266 000	22 286 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 212 000	1 587 000	2 354 000	2 078 000
Total Current Assets	2 248 000	1 622 000	2 370 000	2 090 000
Total Assets	33 248 000	33 256 000	24 635 000	24 377 000
Total Equity	17 479 000	17 113 000	17 484 000	16 251 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 768 000	15 496 000	5 845 000	6 562 000
Creditors	21 000	27 000	−4 000	4 000
Unpaid Taxes	363 000	210 000	482 000	616 000
Dividends	0	0	0	0
Other Current Debt	237 000	165 000	37 000	27 000
Total Current Debt	1 001 000	647 000	1 307 000	1 564 000
Total Equity and Debt	33 248 000	33 256 000	24 635 000	24 377 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,09 %	−2,17 %	7,05 %	7,69 %
Debt-to-Equity Ratio	0,84	0,91	0,33	0,4
Operating Profit Margin	15,94 %	−5,63 %	42,02 %	44,13 %
Current Ratio	2,25	2,51	1,81	1,34
Quick Ratio	2,25	2,51	1,81	1,34
Equity Ratio	0,53	0,51	0,71	0,67
Gross Profit Margin	100 %	100 %	100 %	100 %