HOVDE SIGURDSEN AS

7130 BREKSTAD

Finances

Share Ownership

Return on Equity

−7,12 %

Current Ratio

1,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	52 074 000	55 016 000	53 790 000	52 921 000
Net Income	−73 000	154 000	42 000	197 000
Total Assets	6 322 000	7 299 000	6 863 000	5 978 000
Total Equity	1 025 000	1 099 000	945 000	903 000

Income (NOK)	2022	2021	2020	2019
Revenue	52 074 000	55 016 000	53 790 000	52 921 000
Expenditure	52 176 000	54 822 000	53 777 000	52 679 000
Operating Profit	−103 000	195 000	13 000	243 000
Financial Income	14 000	6 000	14 000	32 000
Financial Costs	0	0	0	1 000
Financial Balance	14 000	6 000	14 000	31 000
Earnings Before Tax	−89 000	201 000	26 000	273 000
Tax	−16 000	47 000	−16 000	76 000
Net Income	−73 000	154 000	42 000	197 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	163 000	206 000	63 000	299 000
Total Current Assets	6 158 000	7 094 000	6 801 000	5 679 000
Total Assets	6 322 000	7 299 000	6 863 000	5 978 000
Total Retained Equity	525 000	599 000	445 000	403 000
Total Equity	1 025 000	1 099 000	945 000	903 000
Total Long-Term Debt	0	16 000	20 000	0
Total Current Debt	5 296 000	6 184 000	5 898 000	5 075 000
Total Equity and Debt	6 322 000	7 299 000	6 863 000	5 978 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 760 000	54 102 000	52 974 000	51 164 000
Other Income	1 313 000	915 000	816 000	1 757 000
Revenue	52 074 000	55 016 000	53 790 000	52 921 000
Cost of Goods Sold	43 748 000	46 108 000	45 376 000	44 157 000
Salary Costs	3 155 000	3 284 000	3 106 000	3 370 000
Depreciation	42 000	37 000	43 000	169 000
Impairment	0	0	0	0
Expenditure	52 176 000	54 822 000	53 777 000	52 679 000
Operating Profit	−103 000	195 000	13 000	243 000
Financial Income	14 000	6 000	14 000	32 000
Financial Costs	0	0	0	1 000
Financial Balance	14 000	6 000	14 000	31 000
Dividends	0	0	0	400 000
Net Income	−73 000	154 000	42 000	197 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	163 000	206 000	63 000	299 000
Total Tangible Assets	163 000	206 000	63 000	299 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	163 000	206 000	63 000	299 000
Stock	3 995 000	3 899 000	3 545 000	2 855 000
Total Investments	0	0	0	0
Cash, Bank	1 417 000	2 312 000	2 510 000	1 841 000
Total Current Assets	6 158 000	7 094 000	6 801 000	5 679 000
Total Assets	6 322 000	7 299 000	6 863 000	5 978 000
Total Equity	1 025 000	1 099 000	945 000	903 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	16 000	20 000	0
Creditors	4 425 000	5 108 000	4 840 000	3 802 000
Unpaid Taxes	157 000	252 000	263 000	224 000
Dividends	0	0	0	400 000
Other Current Debt	715 000	774 000	795 000	573 000
Total Current Debt	5 296 000	6 184 000	5 898 000	5 075 000
Total Equity and Debt	6 322 000	7 299 000	6 863 000	5 978 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,12 %	14,01 %	4,44 %	21,82 %
Debt-to-Equity Ratio	0	0,01	0,02	0
Operating Profit Margin	−0,2 %	0,35 %	0,02 %	0,46 %
Current Ratio	1,16	1,15	1,15	1,12
Quick Ratio	4,73	3,1	2,89	2,56
Equity Ratio	0,16	0,15	0,14	0,15
Gross Profit Margin	15,99 %	16,19 %	15,64 %	16,56 %