HOVLIA AS

6002 ÅLESUND

Finances

Return on Equity

−6,96 %

Current Ratio

8,79

Debt-to-Equity Ratio

0,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 880 000	19 650 000	22 043 000	5 606 000
Net Income	−976 000	1 604 000	1 874 000	−1 389 000
Total Assets	29 829 000	26 337 000	27 999 000	15 644 000
Total Equity	14 032 000	15 008 000	15 403 000	13 530 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 880 000	19 650 000	22 043 000	5 606 000
Expenditure	20 520 000	17 141 000	19 330 000	1 203 000
Operating Profit	−640 000	2 509 000	2 712 000	−1 489 000
Financial Income	0	0	1 000	11 000
Financial Costs	607 000	380 000	307 000	246 000
Financial Balance	−607 000	−380 000	−306 000	−235 000
Earnings Before Tax	−1 246 000	2 129 000	2 406 000	−1 723 000
Tax	−270 000	525 000	533 000	−334 000
Net Income	−976 000	1 604 000	1 874 000	−1 389 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 014 000	1 998 000	2 519 000	7 213 000
Total Current Assets	27 815 000	24 340 000	25 480 000	8 432 000
Total Assets	29 829 000	26 337 000	27 999 000	15 644 000
Total Retained Equity	11 094 000	12 070 000	12 466 000	10 592 000
Total Equity	14 032 000	15 008 000	15 403 000	13 530 000
Total Long-Term Debt	12 635 000	7 189 000	242 000	0
Total Current Debt	3 163 000	4 141 000	12 353 000	2 115 000
Total Equity and Debt	29 829 000	26 337 000	27 999 000	15 644 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 870 000	19 640 000	21 541 000	5 606 000
Other Income	10 000	10 000	502 000	0
Revenue	19 880 000	19 650 000	22 043 000	5 606 000
Cost of Goods Sold	16 030 000	13 616 000	15 075 000	0
Salary Costs	3 343 000	2 074 000	2 225 000	264 000
Depreciation	312 000	285 000	197 000	0
Impairment	0	0	0	0
Expenditure	20 520 000	17 141 000	19 330 000	1 203 000
Operating Profit	−640 000	2 509 000	2 712 000	−1 489 000
Financial Income	0	0	1 000	11 000
Financial Costs	607 000	380 000	307 000	246 000
Financial Balance	−607 000	−380 000	−306 000	−235 000
Dividends	0	2 000 000	0	1 093 000
Net Income	−976 000	1 604 000	1 874 000	−1 389 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	325 000	54 000	27 000	346 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	415 000	396 000	511 000	0
Total Tangible Assets	415 000	396 000	511 000	0
Total Fiancial Fixed Assets	1 274 000	1 547 000	1 980 000	6 867 000
Total Fixed Assets	2 014 000	1 998 000	2 519 000	7 213 000
Stock	24 300 000	21 455 000	14 512 000	2 194 000
Total Investments	0	0	0	0
Cash, Bank	3 303 000	2 795 000	648 000	3 239 000
Total Current Assets	27 815 000	24 340 000	25 480 000	8 432 000
Total Assets	29 829 000	26 337 000	27 999 000	15 644 000
Total Equity	14 032 000	15 008 000	15 403 000	13 530 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 635 000	7 189 000	242 000	0
Creditors	349 000	714 000	1 608 000	501 000
Unpaid Taxes	350 000	410 000	497 000	11 000
Dividends	0	2 000 000	0	1 093 000
Other Current Debt	2 464 000	465 000	262 000	1 602 000
Total Current Debt	3 163 000	4 141 000	12 353 000	2 115 000
Total Equity and Debt	29 829 000	26 337 000	27 999 000	15 644 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,96 %	10,69 %	12,17 %	−10,27 %
Debt-to-Equity Ratio	0,9	0,48	0,02	0
Operating Profit Margin	−3,22 %	12,77 %	12,3 %	−26,56 %
Current Ratio	8,79	5,88	2,06	3,99
Quick Ratio	−1,32	−1,41	−11,8	−106,73
Equity Ratio	0,47	0,57	0,55	0,86
Gross Profit Margin	19,37 %	30,71 %	31,61 %	100 %