HOVLAND TRANSPORT AS

5212 SØFTELAND

Finances

Share Ownership

Return on Equity

20,14 %

Current Ratio

1,61

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 189 000	16 888 000	19 990 000	19 828 000
Net Income	565 000	326 000	2 383 000	1 145 000
Total Assets	7 146 000	6 035 000	8 441 000	7 044 000
Total Equity	2 806 000	3 241 000	2 915 000	2 532 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 189 000	16 888 000	19 990 000	19 828 000
Expenditure	19 600 000	16 481 000	16 925 000	18 354 000
Operating Profit	590 000	407 000	3 064 000	1 474 000
Financial Income	108 000	12 000	6 000	15 000
Financial Costs	1 000	1 000	8 000	12 000
Financial Balance	107 000	11 000	−2 000	3 000
Earnings Before Tax	697 000	417 000	3 063 000	1 477 000
Tax	132 000	92 000	680 000	332 000
Net Income	565 000	326 000	2 383 000	1 145 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	376 000	434 000	610 000	944 000
Total Current Assets	6 770 000	5 602 000	7 831 000	6 100 000
Total Assets	7 146 000	6 035 000	8 441 000	7 044 000
Total Retained Equity	2 704 000	3 138 000	2 812 000	2 429 000
Total Equity	2 806 000	3 241 000	2 915 000	2 532 000
Total Long-Term Debt	126 000	166 000	196 000	143 000
Total Current Debt	4 214 000	2 628 000	5 330 000	4 369 000
Total Equity and Debt	7 146 000	6 035 000	8 441 000	7 044 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 189 000	16 551 000	19 121 000	19 828 000
Other Income	0	337 000	869 000	0
Revenue	20 189 000	16 888 000	19 990 000	19 828 000
Cost of Goods Sold	278 000	754 000	896 000	599 000
Salary Costs	8 876 000	7 011 000	7 984 000	8 939 000
Depreciation	99 000	101 000	158 000	194 000
Impairment	0	0	0	0
Expenditure	19 600 000	16 481 000	16 925 000	18 354 000
Operating Profit	590 000	407 000	3 064 000	1 474 000
Financial Income	108 000	12 000	6 000	15 000
Financial Costs	1 000	1 000	8 000	12 000
Financial Balance	107 000	11 000	−2 000	3 000
Dividends	1 000 000	0	2 000 000	1 000 000
Net Income	565 000	326 000	2 383 000	1 145 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	14 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	351 000	422 000	594 000	322 000
Fixtures	0	12 000	16 000	608 000
Total Tangible Assets	351 000	434 000	610 000	930 000
Total Fiancial Fixed Assets	26 000	0	0	0
Total Fixed Assets	376 000	434 000	610 000	944 000
Stock	0	0	0	0
Total Investments	0	25 000	25 000	25 000
Cash, Bank	1 457 000	2 143 000	4 623 000	1 709 000
Total Current Assets	6 770 000	5 602 000	7 831 000	6 100 000
Total Assets	7 146 000	6 035 000	8 441 000	7 044 000
Total Equity	2 806 000	3 241 000	2 915 000	2 532 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	126 000	166 000	196 000	143 000
Creditors	855 000	793 000	739 000	653 000
Unpaid Taxes	864 000	706 000	689 000	931 000
Dividends	1 000 000	0	2 000 000	1 000 000
Other Current Debt	1 323 000	1 066 000	1 374 000	1 465 000
Total Current Debt	4 214 000	2 628 000	5 330 000	4 369 000
Total Equity and Debt	7 146 000	6 035 000	8 441 000	7 044 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,14 %	10,06 %	81,75 %	45,22 %
Debt-to-Equity Ratio	0,04	0,05	0,07	0,06
Operating Profit Margin	2,92 %	2,41 %	15,33 %	7,43 %
Current Ratio	1,61	2,13	1,47	1,4
Quick Ratio	1,61	2,13	1,47	1,4
Equity Ratio	0,39	0,54	0,35	0,36
Gross Profit Margin	98,62 %	95,54 %	95,52 %	96,98 %