HOVSLAGER TORE SMITH AS

4636 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

15,56 %

Current Ratio

2,79

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 659 000	5 672 000	5 341 000	4 086 000
Net Income	490 000	334 000	662 000	−280 000
Total Assets	5 365 000	3 242 000	3 104 000	2 421 000
Total Equity	3 149 000	2 659 000	2 325 000	1 663 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 659 000	5 672 000	5 341 000	4 086 000
Expenditure	6 974 000	5 230 000	4 462 000	4 440 000
Operating Profit	685 000	441 000	880 000	−354 000
Financial Income	15 000	2 000	0	0
Financial Costs	66 000	11 000	31 000	4 000
Financial Balance	−51 000	−9 000	−31 000	−4 000
Earnings Before Tax	634 000	432 000	849 000	−358 000
Tax	144 000	98 000	187 000	−78 000
Net Income	490 000	334 000	662 000	−280 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	311 000	403 000	348 000	658 000
Total Current Assets	5 054 000	2 839 000	2 755 000	1 764 000
Total Assets	5 365 000	3 242 000	3 104 000	2 421 000
Total Retained Equity	3 048 000	2 557 000	2 223 000	1 561 000
Total Equity	3 149 000	2 659 000	2 325 000	1 663 000
Total Long-Term Debt	405 000	0	0	0
Total Current Debt	1 810 000	583 000	779 000	758 000
Total Equity and Debt	5 365 000	3 242 000	3 104 000	2 421 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 653 000	5 659 000	5 332 000	4 085 000
Other Income	6 000	12 000	9 000	1 000
Revenue	7 659 000	5 672 000	5 341 000	4 086 000
Cost of Goods Sold	3 738 000	2 544 000	1 841 000	1 186 000
Salary Costs	1 697 000	1 653 000	1 728 000	2 451 000
Depreciation	206 000	178 000	157 000	169 000
Impairment	0	0	0	0
Expenditure	6 974 000	5 230 000	4 462 000	4 440 000
Operating Profit	685 000	441 000	880 000	−354 000
Financial Income	15 000	2 000	0	0
Financial Costs	66 000	11 000	31 000	4 000
Financial Balance	−51 000	−9 000	−31 000	−4 000
Dividends	0	0	0	0
Net Income	490 000	334 000	662 000	−280 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	87 000	53 000	40 000	121 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	6 000	45 000	83 000	121 000
Fixtures	217 000	306 000	225 000	415 000
Total Tangible Assets	224 000	350 000	308 000	536 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	311 000	403 000	348 000	658 000
Stock	2 802 000	1 539 000	1 320 000	932 000
Total Investments	0	0	0	0
Cash, Bank	623 000	663 000	892 000	479 000
Total Current Assets	5 054 000	2 839 000	2 755 000	1 764 000
Total Assets	5 365 000	3 242 000	3 104 000	2 421 000
Total Equity	3 149 000	2 659 000	2 325 000	1 663 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	405 000	0	0	0
Creditors	458 000	−53 000	39 000	134 000
Unpaid Taxes	431 000	380 000	333 000	330 000
Dividends	0	0	0	0
Other Current Debt	743 000	146 000	301 000	294 000
Total Current Debt	1 810 000	583 000	779 000	758 000
Total Equity and Debt	5 365 000	3 242 000	3 104 000	2 421 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,56 %	12,56 %	28,47 %	−16,84 %
Debt-to-Equity Ratio	0,13	0	0	0
Operating Profit Margin	8,94 %	7,78 %	16,48 %	−8,66 %
Current Ratio	2,79	4,87	3,54	2,33
Quick Ratio	−5,09	−2,97	−5,09	−10,14
Equity Ratio	0,59	0,82	0,75	0,69
Gross Profit Margin	51,19 %	55,15 %	65,53 %	70,97 %