KRISTINE DANIELSEN HOVENGA AS

3914 PORSGRUNN

Finances

Return on Equity

34,78 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	69 874 000	73 713 000	78 012 000	64 769 000
Net Income	498 000	847 000	1 501 000	223 000
Total Assets	7 887 000	8 843 000	10 213 000	6 481 000
Total Equity	1 432 000	1 334 000	1 537 000	1 706 000

Income (NOK)	2022	2021	2020	2019
Revenue	69 874 000	73 713 000	78 012 000	64 769 000
Expenditure	69 263 000	72 638 000	76 193 000	64 526 000
Operating Profit	610 000	1 076 000	1 819 000	243 000
Financial Income	29 000	10 000	16 000	31 000
Financial Costs	0	0	0	2 000
Financial Balance	29 000	10 000	16 000	29 000
Earnings Before Tax	639 000	1 086 000	1 835 000	272 000
Tax	141 000	239 000	333 000	50 000
Net Income	498 000	847 000	1 501 000	223 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	598 000	461 000	500 000	682 000
Total Current Assets	7 289 000	8 382 000	9 713 000	5 799 000
Total Assets	7 887 000	8 843 000	10 213 000	6 481 000
Total Retained Equity	932 000	834 000	1 037 000	1 206 000
Total Equity	1 432 000	1 334 000	1 537 000	1 706 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 455 000	7 510 000	8 676 000	4 775 000
Total Equity and Debt	7 887 000	8 843 000	10 213 000	6 481 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	68 132 000	72 314 000	76 788 000	63 805 000
Other Income	1 742 000	1 399 000	1 225 000	963 000
Revenue	69 874 000	73 713 000	78 012 000	64 769 000
Cost of Goods Sold	58 380 000	61 657 000	65 145 000	55 037 000
Salary Costs	4 334 000	4 261 000	4 014 000	3 306 000
Depreciation	231 000	221 000	244 000	284 000
Impairment	0	0	0	0
Expenditure	69 263 000	72 638 000	76 193 000	64 526 000
Operating Profit	610 000	1 076 000	1 819 000	243 000
Financial Income	29 000	10 000	16 000	31 000
Financial Costs	0	0	0	2 000
Financial Balance	29 000	10 000	16 000	29 000
Dividends	0	0	0	0
Net Income	498 000	847 000	1 501 000	223 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	88 000	90 000	87 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	510 000	371 000	413 000	682 000
Total Tangible Assets	510 000	371 000	413 000	682 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	598 000	461 000	500 000	682 000
Stock	4 472 000	4 489 000	5 175 000	4 127 000
Total Investments	0	0	0	0
Cash, Bank	2 257 000	3 102 000	3 651 000	1 375 000
Total Current Assets	7 289 000	8 382 000	9 713 000	5 799 000
Total Assets	7 887 000	8 843 000	10 213 000	6 481 000
Total Equity	1 432 000	1 334 000	1 537 000	1 706 000
Short-Term Group Debt	513 000	1 292 000	2 090 000	0
Total Long-Term Debt	0	0	0	0
Creditors	4 512 000	4 668 000	5 180 000	3 703 000
Unpaid Taxes	369 000	470 000	358 000	231 000
Dividends	0	0	0	0
Other Current Debt	1 035 000	1 079 000	1 048 000	791 000
Total Current Debt	6 455 000	7 510 000	8 676 000	4 775 000
Total Equity and Debt	7 887 000	8 843 000	10 213 000	6 481 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,78 %	63,49 %	97,66 %	13,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,87 %	1,46 %	2,33 %	0,38 %
Current Ratio	1,13	1,12	1,12	1,21
Quick Ratio	3,68	2,77	2,77	8,95
Equity Ratio	0,18	0,15	0,15	0,26
Gross Profit Margin	16,45 %	16,36 %	16,49 %	15,03 %