HOV TRE & GLASS AS

4323 SANDNES

Finances

Return on Equity

22,45 %

Current Ratio

2,6

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 403 000	6 751 000	5 542 000	5 982 000
Net Income	277 000	56 000	−96 000	−24 000
Total Assets	1 996 000	1 859 000	1 921 000	2 122 000
Total Equity	1 234 000	958 000	902 000	998 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 403 000	6 751 000	5 542 000	5 982 000
Expenditure	7 034 000	6 663 000	5 644 000	5 950 000
Operating Profit	369 000	89 000	−102 000	33 000
Financial Income	0	0	0	0
Financial Costs	14 000	17 000	21 000	56 000
Financial Balance	−14 000	−17 000	−21 000	−56 000
Earnings Before Tax	355 000	73 000	−123 000	−23 000
Tax	79 000	17 000	−27 000	1 000
Net Income	277 000	56 000	−96 000	−24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	125 000	240 000	291 000	285 000
Total Current Assets	1 871 000	1 619 000	1 630 000	1 837 000
Total Assets	1 996 000	1 859 000	1 921 000	2 122 000
Total Retained Equity	1 134 000	858 000	802 000	898 000
Total Equity	1 234 000	958 000	902 000	998 000
Total Long-Term Debt	40 000	120 000	200 000	280 000
Total Current Debt	721 000	781 000	819 000	844 000
Total Equity and Debt	1 996 000	1 859 000	1 921 000	2 122 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 361 000	6 700 000	5 511 000	5 951 000
Other Income	42 000	51 000	31 000	31 000
Revenue	7 403 000	6 751 000	5 542 000	5 982 000
Cost of Goods Sold	3 521 000	3 211 000	2 277 000	2 462 000
Salary Costs	2 632 000	2 618 000	2 392 000	2 610 000
Depreciation	37 000	41 000	40 000	73 000
Impairment	0	0	0	0
Expenditure	7 034 000	6 663 000	5 644 000	5 950 000
Operating Profit	369 000	89 000	−102 000	33 000
Financial Income	0	0	0	0
Financial Costs	14 000	17 000	21 000	56 000
Financial Balance	−14 000	−17 000	−21 000	−56 000
Dividends	0	0	0	0
Net Income	277 000	56 000	−96 000	−24 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 000	95 000	112 000	85 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	107 000	144 000	178 000	199 000
Total Tangible Assets	107 000	144 000	178 000	199 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	125 000	240 000	291 000	285 000
Stock	575 000	511 000	467 000	538 000
Total Investments	0	0	0	0
Cash, Bank	310 000	490 000	690 000	192 000
Total Current Assets	1 871 000	1 619 000	1 630 000	1 837 000
Total Assets	1 996 000	1 859 000	1 921 000	2 122 000
Total Equity	1 234 000	958 000	902 000	998 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	40 000	120 000	200 000	280 000
Creditors	186 000	148 000	233 000	341 000
Unpaid Taxes	360 000	372 000	343 000	292 000
Dividends	0	0	0	0
Other Current Debt	176 000	261 000	243 000	211 000
Total Current Debt	721 000	781 000	819 000	844 000
Total Equity and Debt	1 996 000	1 859 000	1 921 000	2 122 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,45 %	5,85 %	−10,64 %	−2,4 %
Debt-to-Equity Ratio	0,03	0,13	0,22	0,28
Operating Profit Margin	4,98 %	1,32 %	−1,84 %	0,55 %
Current Ratio	2,6	2,07	1,99	2,18
Quick Ratio	12,82	6	4,63	6
Equity Ratio	0,62	0,52	0,47	0,47
Gross Profit Margin	52,44 %	52,44 %	58,91 %	58,84 %