HOVI & STENUMGÅRD MALERFIRMA AS

2900 FAGERNES

Finances

Share Ownership

Return on Equity

−72,2 %

Current Ratio

1,24

Debt-to-Equity Ratio

1,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 781 000	1 564 000	1 697 000	1 975 000
Net Income	−161 000	−22 000	−128 000	49 000
Total Assets	896 000	1 087 000	738 000	870 000
Total Equity	223 000	384 000	406 000	534 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 781 000	1 564 000	1 697 000	1 975 000
Expenditure	1 924 000	1 581 000	1 853 000	1 913 000
Operating Profit	−144 000	−18 000	−155 000	62 000
Financial Income	1 000	0	0	1 000
Financial Costs	18 000	4 000	0	0
Financial Balance	−17 000	−4 000	0	1 000
Earnings Before Tax	−161 000	−22 000	−155 000	63 000
Tax	0	0	−27 000	14 000
Net Income	−161 000	−22 000	−128 000	49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	419 000	584 000	190 000	242 000
Total Current Assets	477 000	503 000	548 000	628 000
Total Assets	896 000	1 087 000	738 000	870 000
Total Retained Equity	123 000	284 000	306 000	434 000
Total Equity	223 000	384 000	406 000	534 000
Total Long-Term Debt	287 000	340 000	0	27 000
Total Current Debt	385 000	363 000	332 000	309 000
Total Equity and Debt	896 000	1 087 000	738 000	870 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 781 000	1 564 000	1 697 000	1 975 000
Other Income	0	0	0	0
Revenue	1 781 000	1 564 000	1 697 000	1 975 000
Cost of Goods Sold	282 000	180 000	481 000	372 000
Salary Costs	1 149 000	938 000	1 003 000	1 168 000
Depreciation	165 000	99 000	69 000	67 000
Impairment	0	0	0	0
Expenditure	1 924 000	1 581 000	1 853 000	1 913 000
Operating Profit	−144 000	−18 000	−155 000	62 000
Financial Income	1 000	0	0	1 000
Financial Costs	18 000	4 000	0	0
Financial Balance	−17 000	−4 000	0	1 000
Dividends	0	0	0	0
Net Income	−161 000	−22 000	−128 000	49 000

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	22 000	37 000	53 000	53 000
Fixtures	397 000	547 000	137 000	189 000
Total Tangible Assets	419 000	584 000	190 000	242 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	419 000	584 000	190 000	242 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	355 000	434 000	478 000	508 000
Total Current Assets	477 000	503 000	548 000	628 000
Total Assets	896 000	1 087 000	738 000	870 000
Total Equity	223 000	384 000	406 000	534 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	287 000	340 000	0	27 000
Creditors	18 000	39 000	21 000	10 000
Unpaid Taxes	135 000	102 000	89 000	128 000
Dividends	0	0	0	0
Other Current Debt	232 000	223 000	222 000	162 000
Total Current Debt	385 000	363 000	332 000	309 000
Total Equity and Debt	896 000	1 087 000	738 000	870 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−72,2 %	−5,73 %	−31,53 %	9,18 %
Debt-to-Equity Ratio	1,29	0,89	0	0,05
Operating Profit Margin	−8,09 %	−1,15 %	−9,13 %	3,14 %
Current Ratio	1,24	1,39	1,65	2,03
Quick Ratio	1,24	1,39	1,65	2,03
Equity Ratio	0,25	0,35	0,55	0,61
Gross Profit Margin	84,17 %	88,49 %	71,66 %	81,16 %