HOVDA SKOG OG TRANSPORT AS

4130 HJELMELAND

Finances

Share Ownership

Return on Equity

412,3 %

Current Ratio

2,31

Debt-to-Equity Ratio

3,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 255 000	3 253 000	4 141 000	4 773 000
Net Income	503 000	−423 000	−203 000	−321 000
Total Assets	1 047 000	1 324 000	1 902 000	2 374 000
Total Equity	122 000	−381 000	42 000	245 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 255 000	3 253 000	4 141 000	4 773 000
Expenditure	3 588 000	3 757 000	4 351 000	5 110 000
Operating Profit	667 000	−505 000	−210 000	−338 000
Financial Income	13 000	16 000	17 000	11 000
Financial Costs	35 000	52 000	68 000	82 000
Financial Balance	−22 000	−36 000	−51 000	−71 000
Earnings Before Tax	644 000	−541 000	−260 000	−409 000
Tax	142 000	−119 000	−57 000	−87 000
Net Income	503 000	−423 000	−203 000	−321 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 000	684 000	801 000	1 567 000
Total Current Assets	1 012 000	639 000	1 101 000	807 000
Total Assets	1 047 000	1 324 000	1 902 000	2 374 000
Total Retained Equity	22 000	−481 000	−58 000	145 000
Total Equity	122 000	−381 000	42 000	245 000
Total Long-Term Debt	487 000	1 065 000	1 309 000	1 625 000
Total Current Debt	439 000	640 000	552 000	504 000
Total Equity and Debt	1 047 000	1 324 000	1 902 000	2 374 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 905 000	3 253 000	4 052 000	4 772 000
Other Income	351 000	0	89 000	0
Revenue	4 255 000	3 253 000	4 141 000	4 773 000
Cost of Goods Sold	74 000	9 000	147 000	12 000
Salary Costs	1 141 000	1 264 000	1 498 000	1 828 000
Depreciation	73 000	211 000	312 000	394 000
Impairment	0	0	0	0
Expenditure	3 588 000	3 757 000	4 351 000	5 110 000
Operating Profit	667 000	−505 000	−210 000	−338 000
Financial Income	13 000	16 000	17 000	11 000
Financial Costs	35 000	52 000	68 000	82 000
Financial Balance	−22 000	−36 000	−51 000	−71 000
Dividends	0	0	0	0
Net Income	503 000	−423 000	−203 000	−321 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	95 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	58 000	135 000	651 000
Fixtures	35 000	532 000	667 000	916 000
Total Tangible Assets	35 000	590 000	801 000	1 567 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	35 000	684 000	801 000	1 567 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	569 000	46 000	623 000	298 000
Total Current Assets	1 012 000	639 000	1 101 000	807 000
Total Assets	1 047 000	1 324 000	1 902 000	2 374 000
Total Equity	122 000	−381 000	42 000	245 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	487 000	1 065 000	1 309 000	1 625 000
Creditors	189 000	208 000	261 000	194 000
Unpaid Taxes	127 000	153 000	135 000	123 000
Dividends	0	0	0	0
Other Current Debt	123 000	279 000	156 000	186 000
Total Current Debt	439 000	640 000	552 000	504 000
Total Equity and Debt	1 047 000	1 324 000	1 902 000	2 374 000

Financial indicators	2022	2021	2020	2019
Return on Equity	412,3 %	111,02 %	−483,33 %	−131,02 %
Debt-to-Equity Ratio	3,99	−2,8	31,17	6,63
Operating Profit Margin	15,68 %	−15,52 %	−5,07 %	−7,08 %
Current Ratio	2,31	1	1,99	1,6
Quick Ratio	2,31	1	1,99	1,6
Equity Ratio	0,12	−0,29	0,02	0,1
Gross Profit Margin	98,26 %	99,72 %	96,45 %	99,75 %