HOVDEN RØRLEGGERSERVICE AS

4755 HOVDEN I SETESDAL

Finances

Share Ownership

Return on Equity

49,19 %

Current Ratio

1,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 122 000	9 759 000	7 954 000	8 074 000
Net Income	1 186 000	1 439 000	1 285 000	1 101 000
Total Assets	5 937 000	5 943 000	6 198 000	5 816 000
Total Equity	2 411 000	2 225 000	2 787 000	3 701 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 122 000	9 759 000	7 954 000	8 074 000
Expenditure	6 640 000	7 916 000	6 315 000	6 703 000
Operating Profit	1 483 000	1 844 000	1 639 000	1 372 000
Financial Income	38 000	1 000	9 000	40 000
Financial Costs	0	0	0	0
Financial Balance	38 000	1 000	9 000	40 000
Earnings Before Tax	1 521 000	1 845 000	1 648 000	1 411 000
Tax	335 000	406 000	362 000	311 000
Net Income	1 186 000	1 439 000	1 285 000	1 101 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	24 000	38 000	54 000
Total Current Assets	5 917 000	5 919 000	6 159 000	5 762 000
Total Assets	5 937 000	5 943 000	6 198 000	5 816 000
Total Retained Equity	2 311 000	2 125 000	2 687 000	3 601 000
Total Equity	2 411 000	2 225 000	2 787 000	3 701 000
Total Long-Term Debt	0	1 000	3 000	3 000
Total Current Debt	3 526 000	3 716 000	3 408 000	2 111 000
Total Equity and Debt	5 937 000	5 943 000	6 198 000	5 816 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 122 000	9 759 000	7 953 000	8 074 000
Other Income	0	0	0	0
Revenue	8 122 000	9 759 000	7 954 000	8 074 000
Cost of Goods Sold	3 780 000	4 730 000	3 637 000	4 027 000
Salary Costs	2 436 000	2 689 000	2 240 000	2 198 000
Depreciation	3 000	17 000	17 000	17 000
Impairment	0	0	0	0
Expenditure	6 640 000	7 916 000	6 315 000	6 703 000
Operating Profit	1 483 000	1 844 000	1 639 000	1 372 000
Financial Income	38 000	1 000	9 000	40 000
Financial Costs	0	0	0	0
Financial Balance	38 000	1 000	9 000	40 000
Dividends	1 000 000	0	1 200 000	0
Net Income	1 186 000	1 439 000	1 285 000	1 101 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	21 000	19 000	17 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	3 000	20 000	37 000
Fixtures	0	0	0	0
Total Tangible Assets	0	3 000	20 000	37 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 000	24 000	38 000	54 000
Stock	516 000	555 000	495 000	445 000
Total Investments	0	0	0	0
Cash, Bank	3 925 000	2 885 000	4 021 000	2 954 000
Total Current Assets	5 917 000	5 919 000	6 159 000	5 762 000
Total Assets	5 937 000	5 943 000	6 198 000	5 816 000
Total Equity	2 411 000	2 225 000	2 787 000	3 701 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	3 000	3 000
Creditors	1 201 000	865 000	688 000	845 000
Unpaid Taxes	523 000	567 000	708 000	512 000
Dividends	1 000 000	0	1 200 000	0
Other Current Debt	468 000	1 876 000	448 000	443 000
Total Current Debt	3 526 000	3 716 000	3 408 000	2 111 000
Total Equity and Debt	5 937 000	5 943 000	6 198 000	5 816 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,19 %	64,67 %	46,11 %	29,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,26 %	18,9 %	20,61 %	16,99 %
Current Ratio	1,68	1,59	1,81	2,73
Quick Ratio	1,97	1,87	2,11	3,46
Equity Ratio	0,41	0,37	0,45	0,64
Gross Profit Margin	53,46 %	51,53 %	54,27 %	50,12 %