HØVÅGTRÅL AS

4770 HØVÅG

Finances

Share Ownership

Return on Equity

−0,01 %

Current Ratio

2,09

Debt-to-Equity Ratio

0,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 875 000	9 781 000	11 419 000	8 306 000
Net Income	−1 000	−472 000	892 000	374 000
Total Assets	15 397 000	15 746 000	17 239 000	12 920 000
Total Equity	8 453 000	8 654 000	9 326 000	8 634 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 875 000	9 781 000	11 419 000	8 306 000
Expenditure	10 742 000	10 276 000	10 146 000	7 738 000
Operating Profit	133 000	−494 000	1 273 000	568 000
Financial Income	2 000	2 000	5 000	10 000
Financial Costs	136 000	112 000	134 000	98 000
Financial Balance	−134 000	−110 000	−129 000	−88 000
Earnings Before Tax	−1 000	−605 000	1 144 000	481 000
Tax	0	−133 000	252 000	106 000
Net Income	−1 000	−472 000	892 000	374 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 934 000	13 528 000	13 912 000	11 106 000
Total Current Assets	3 463 000	2 218 000	3 327 000	1 814 000
Total Assets	15 397 000	15 746 000	17 239 000	12 920 000
Total Retained Equity	8 353 000	8 554 000	9 226 000	8 534 000
Total Equity	8 453 000	8 654 000	9 326 000	8 634 000
Total Long-Term Debt	5 289 000	5 547 000	6 530 000	3 789 000
Total Current Debt	1 654 000	1 545 000	1 383 000	497 000
Total Equity and Debt	15 397 000	15 746 000	17 239 000	12 920 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 829 000	9 751 000	11 419 000	8 306 000
Other Income	46 000	30 000	0	0
Revenue	10 875 000	9 781 000	11 419 000	8 306 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 980 000	3 869 000	4 710 000	3 256 000
Depreciation	1 924 000	1 849 000	1 769 000	1 385 000
Impairment	0	0	0	0
Expenditure	10 742 000	10 276 000	10 146 000	7 738 000
Operating Profit	133 000	−494 000	1 273 000	568 000
Financial Income	2 000	2 000	5 000	10 000
Financial Costs	136 000	112 000	134 000	98 000
Financial Balance	−134 000	−110 000	−129 000	−88 000
Dividends	200 000	0	0	0
Net Income	−1 000	−472 000	892 000	374 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 928 000	4 181 000	4 435 000	689 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 196 000	1 413 000	880 000	1 061 000
Fixtures	715 000	819 000	857 000	452 000
Total Tangible Assets	8 005 000	9 348 000	9 477 000	10 418 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 934 000	13 528 000	13 912 000	11 106 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 160 000	1 192 000	2 620 000	1 476 000
Total Current Assets	3 463 000	2 218 000	3 327 000	1 814 000
Total Assets	15 397 000	15 746 000	17 239 000	12 920 000
Total Equity	8 453 000	8 654 000	9 326 000	8 634 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 289 000	5 547 000	6 530 000	3 789 000
Creditors	67 000	326 000	236 000	49 000
Unpaid Taxes	1 024 000	734 000	561 000	189 000
Dividends	200 000	0	0	0
Other Current Debt	280 000	285 000	251 000	118 000
Total Current Debt	1 654 000	1 545 000	1 383 000	497 000
Total Equity and Debt	15 397 000	15 746 000	17 239 000	12 920 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,01 %	−5,45 %	9,56 %	4,33 %
Debt-to-Equity Ratio	0,63	0,64	0,7	0,44
Operating Profit Margin	1,22 %	−5,05 %	11,15 %	6,84 %
Current Ratio	2,09	1,44	2,41	3,65
Quick Ratio	2,09	1,44	2,41	3,65
Equity Ratio	0,55	0,55	0,54	0,67
Gross Profit Margin	100 %	100 %	100 %	100 %