HOVIND AS

1182 OSLO

Finances

Return on Equity

25,55 %

Current Ratio

1,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 156 000	885 000	1 286 000	2 091 000
Net Income	210 000	−12 000	−1 000	300 000
Total Assets	1 629 000	1 505 000	1 501 000	1 539 000
Total Equity	822 000	741 000	753 000	754 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 156 000	885 000	1 286 000	2 091 000
Expenditure	884 000	902 000	1 297 000	1 706 000
Operating Profit	272 000	−17 000	−11 000	386 000
Financial Income	1 000	3 000	9 000	2 000
Financial Costs	0	0	0	1 000
Financial Balance	1 000	3 000	9 000	1 000
Earnings Before Tax	273 000	−15 000	−2 000	387 000
Tax	63 000	−3 000	0	87 000
Net Income	210 000	−12 000	−1 000	300 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	579 000	632 000	680 000	224 000
Total Current Assets	1 049 000	874 000	821 000	1 316 000
Total Assets	1 629 000	1 505 000	1 501 000	1 539 000
Total Retained Equity	722 000	641 000	653 000	654 000
Total Equity	822 000	741 000	753 000	754 000
Total Long-Term Debt	0	5 000	10 000	18 000
Total Current Debt	807 000	759 000	738 000	767 000
Total Equity and Debt	1 629 000	1 505 000	1 501 000	1 539 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 086 000	881 000	1 268 000	2 043 000
Other Income	70 000	4 000	19 000	48 000
Revenue	1 156 000	885 000	1 286 000	2 091 000
Cost of Goods Sold	70 000	2 000	63 000	53 000
Salary Costs	570 000	538 000	835 000	1 468 000
Depreciation	52 000	56 000	64 000	−197 000
Impairment	0	0	0	0
Expenditure	884 000	902 000	1 297 000	1 706 000
Operating Profit	272 000	−17 000	−11 000	386 000
Financial Income	1 000	3 000	9 000	2 000
Financial Costs	0	0	0	1 000
Financial Balance	1 000	3 000	9 000	1 000
Dividends	130 000	0	0	0
Net Income	210 000	−12 000	−1 000	300 000

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	52 000	104 000	160 000	224 000
Total Tangible Assets	52 000	104 000	160 000	224 000
Total Fiancial Fixed Assets	527 000	527 000	520 000	0
Total Fixed Assets	579 000	632 000	680 000	224 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	840 000	618 000	499 000	1 045 000
Total Current Assets	1 049 000	874 000	821 000	1 316 000
Total Assets	1 629 000	1 505 000	1 501 000	1 539 000
Total Equity	822 000	741 000	753 000	754 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	5 000	10 000	18 000
Creditors	42 000	41 000	47 000	1 000
Unpaid Taxes	95 000	122 000	121 000	172 000
Dividends	130 000	0	0	0
Other Current Debt	471 000	594 000	563 000	559 000
Total Current Debt	807 000	759 000	738 000	767 000
Total Equity and Debt	1 629 000	1 505 000	1 501 000	1 539 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,55 %	−1,62 %	−0,13 %	39,79 %
Debt-to-Equity Ratio	0	0,01	0,01	0,02
Operating Profit Margin	23,53 %	−1,92 %	−0,86 %	18,46 %
Current Ratio	1,3	1,15	1,11	1,72
Quick Ratio	1,3	1,15	1,11	1,72
Equity Ratio	0,5	0,49	0,5	0,49
Gross Profit Margin	93,94 %	99,77 %	95,1 %	97,47 %