HOVDE BIL AS

3360 GEITHUS

Finances

Share Ownership

Return on Equity

0,88 %

Current Ratio

1,51

Debt-to-Equity Ratio

2,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 822 000	15 525 000	12 570 000	15 649 000
Net Income	18 000	53 000	214 000	417 000
Total Assets	8 302 000	9 167 000	4 621 000	5 001 000
Total Equity	2 034 000	2 016 000	1 963 000	1 749 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 822 000	15 525 000	12 570 000	15 649 000
Expenditure	12 484 000	15 190 000	12 188 000	14 959 000
Operating Profit	339 000	335 000	383 000	690 000
Financial Income	0	0	0	0
Financial Costs	316 000	267 000	123 000	178 000
Financial Balance	−316 000	−267 000	−123 000	−178 000
Earnings Before Tax	23 000	68 000	260 000	512 000
Tax	5 000	15 000	46 000	95 000
Net Income	18 000	53 000	214 000	417 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 409 000	5 597 000	2 476 000	2 306 000
Total Current Assets	2 893 000	3 570 000	2 145 000	2 695 000
Total Assets	8 302 000	9 167 000	4 621 000	5 001 000
Total Retained Equity	1 934 000	1 916 000	1 863 000	1 649 000
Total Equity	2 034 000	2 016 000	1 963 000	1 749 000
Total Long-Term Debt	4 354 000	4 547 000	1 298 000	1 550 000
Total Current Debt	1 914 000	2 604 000	1 360 000	1 702 000
Total Equity and Debt	8 302 000	9 167 000	4 621 000	5 001 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 295 000	15 080 000	12 364 000	15 345 000
Other Income	527 000	445 000	207 000	303 000
Revenue	12 822 000	15 525 000	12 570 000	15 649 000
Cost of Goods Sold	10 500 000	13 111 000	10 042 000	13 462 000
Salary Costs	938 000	825 000	993 000	636 000
Depreciation	263 000	249 000	241 000	243 000
Impairment	0	0	0	0
Expenditure	12 484 000	15 190 000	12 188 000	14 959 000
Operating Profit	339 000	335 000	383 000	690 000
Financial Income	0	0	0	0
Financial Costs	316 000	267 000	123 000	178 000
Financial Balance	−316 000	−267 000	−123 000	−178 000
Dividends	0	0	0	0
Net Income	18 000	53 000	214 000	417 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	124 000	129 000	60 000	0
Real Eastate	4 231 000	4 271 000	845 000	832 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	986 000	1 089 000	1 423 000	1 222 000
Total Tangible Assets	5 217 000	5 360 000	2 268 000	2 054 000
Total Fiancial Fixed Assets	67 000	107 000	147 000	252 000
Total Fixed Assets	5 409 000	5 597 000	2 476 000	2 306 000
Stock	2 553 000	3 179 000	1 399 000	2 364 000
Total Investments	0	0	0	0
Cash, Bank	53 000	69 000	80 000	35 000
Total Current Assets	2 893 000	3 570 000	2 145 000	2 695 000
Total Assets	8 302 000	9 167 000	4 621 000	5 001 000
Total Equity	2 034 000	2 016 000	1 963 000	1 749 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 354 000	4 547 000	1 298 000	1 550 000
Creditors	77 000	72 000	670 000	110 000
Unpaid Taxes	54 000	35 000	101 000	42 000
Dividends	0	0	0	0
Other Current Debt	669 000	622 000	179 000	61 000
Total Current Debt	1 914 000	2 604 000	1 360 000	1 702 000
Total Equity and Debt	8 302 000	9 167 000	4 621 000	5 001 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,88 %	2,63 %	10,9 %	23,84 %
Debt-to-Equity Ratio	2,14	2,26	0,66	0,89
Operating Profit Margin	2,64 %	2,16 %	3,05 %	4,41 %
Current Ratio	1,51	1,37	1,58	1,58
Quick Ratio	−4,53	−6,21	−55	−4,07
Equity Ratio	0,25	0,22	0,42	0,35
Gross Profit Margin	18,11 %	15,55 %	20,11 %	13,98 %