HOVDEN VED AS

4754 BYKLE

Finances

Share Ownership

Return on Equity

15,56 %

Current Ratio

3,33

Debt-to-Equity Ratio

0,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	542 000	697 000	370 000	329 000
Net Income	47 000	92 000	17 000	11 000
Total Assets	590 000	677 000	547 000	459 000
Total Equity	302 000	254 000	248 000	231 000

Income (NOK)	2022	2021	2020	2019
Revenue	542 000	697 000	370 000	329 000
Expenditure	471 000	569 000	344 000	297 000
Operating Profit	71 000	128 000	26 000	32 000
Financial Income	0	0	7 000	0
Financial Costs	10 000	10 000	13 000	12 000
Financial Balance	−10 000	−10 000	−6 000	−12 000
Earnings Before Tax	61 000	118 000	20 000	19 000
Tax	13 000	26 000	3 000	8 000
Net Income	47 000	92 000	17 000	11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	144 000	191 000	242 000	292 000
Total Current Assets	446 000	485 000	305 000	166 000
Total Assets	590 000	677 000	547 000	459 000
Total Retained Equity	202 000	154 000	148 000	131 000
Total Equity	302 000	254 000	248 000	231 000
Total Long-Term Debt	154 000	179 000	203 000	225 000
Total Current Debt	134 000	244 000	95 000	3 000
Total Equity and Debt	590 000	677 000	547 000	459 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	542 000	697 000	335 000	329 000
Other Income	0	0	35 000	0
Revenue	542 000	697 000	370 000	329 000
Cost of Goods Sold	315 000	423 000	224 000	191 000
Salary Costs	0	0	0	0
Depreciation	51 000	51 000	51 000	44 000
Impairment	0	0	0	0
Expenditure	471 000	569 000	344 000	297 000
Operating Profit	71 000	128 000	26 000	32 000
Financial Income	0	0	7 000	0
Financial Costs	10 000	10 000	13 000	12 000
Financial Balance	−10 000	−10 000	−6 000	−12 000
Dividends	0	0	0	0
Net Income	47 000	92 000	17 000	11 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	141 000	191 000	242 000	292 000
Fixtures	0	0	0	0
Total Tangible Assets	141 000	191 000	242 000	292 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	144 000	191 000	242 000	292 000
Stock	152 000	121 000	220 000	125 000
Total Investments	0	0	0	0
Cash, Bank	254 000	154 000	0	−66 000
Total Current Assets	446 000	485 000	305 000	166 000
Total Assets	590 000	677 000	547 000	459 000
Total Equity	302 000	254 000	248 000	231 000
Short-Term Group Debt	42 000	117 000	0	0
Total Long-Term Debt	154 000	179 000	203 000	225 000
Creditors	28 000	20 000	0	15 000
Unpaid Taxes	16 000	81 000	0	−40 000
Dividends	0	0	0	0
Other Current Debt	29 000	21 000	41 000	21 000
Total Current Debt	134 000	244 000	95 000	3 000
Total Equity and Debt	590 000	677 000	547 000	459 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,56 %	36,22 %	6,85 %	4,76 %
Debt-to-Equity Ratio	0,51	0,7	0,82	0,97
Operating Profit Margin	13,1 %	18,36 %	7,03 %	9,73 %
Current Ratio	3,33	1,99	3,21	55,33
Quick Ratio	−24,78	3,94	−2,44	−1,36
Equity Ratio	0,51	0,38	0,45	0,5
Gross Profit Margin	41,88 %	39,31 %	39,46 %	41,95 %