HOVIRO AS

3474 ÅROS

Finances

Share Ownership

Return on Equity

−8,39 %

Current Ratio

−952,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	140 000	2 054 000	212 000	948 000
Net Income	−332 000	1 169 000	−184 000	−73 000
Total Assets	3 964 000	5 546 000	4 096 000	4 388 000
Total Equity	3 957 000	4 289 000	3 120 000	3 304 000

Income (NOK)	2022	2021	2020	2019
Revenue	140 000	2 054 000	212 000	948 000
Expenditure	576 000	555 000	448 000	1 043 000
Operating Profit	−436 000	1 498 000	−236 000	−96 000
Financial Income	12 000	0	0	2 000
Financial Costs	1 000	0	0	0
Financial Balance	11 000	0	0	2 000
Earnings Before Tax	−425 000	1 498 000	−236 000	−94 000
Tax	−94 000	330 000	−52 000	−21 000
Net Income	−332 000	1 169 000	−184 000	−73 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	153 000	193 000	24 000	84 000
Total Current Assets	3 811 000	5 353 000	4 072 000	4 304 000
Total Assets	3 964 000	5 546 000	4 096 000	4 388 000
Total Retained Equity	3 443 000	3 775 000	2 606 000	2 790 000
Total Equity	3 957 000	4 289 000	3 120 000	3 304 000
Total Long-Term Debt	11 000	104 000	124 000	167 000
Total Current Debt	−4 000	1 153 000	852 000	916 000
Total Equity and Debt	3 964 000	5 546 000	4 096 000	4 388 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	139 000	415 000	212 000	946 000
Other Income	0	1 639 000	0	1 000
Revenue	140 000	2 054 000	212 000	948 000
Cost of Goods Sold	228 000	265 000	184 000	494 000
Salary Costs	32 000	5 000	4 000	145 000
Depreciation	40 000	17 000	60 000	144 000
Impairment	0	0	0	0
Expenditure	576 000	555 000	448 000	1 043 000
Operating Profit	−436 000	1 498 000	−236 000	−96 000
Financial Income	12 000	0	0	2 000
Financial Costs	1 000	0	0	0
Financial Balance	11 000	0	0	2 000
Dividends	0	0	0	0
Net Income	−332 000	1 169 000	−184 000	−73 000

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	75 000	93 000	24 000	84 000
Fixtures	78 000	100 000	0	0
Total Tangible Assets	153 000	193 000	24 000	84 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	153 000	193 000	24 000	84 000
Stock	457 000	457 000	3 525 000	3 689 000
Total Investments	0	0	0	0
Cash, Bank	3 254 000	4 726 000	262 000	359 000
Total Current Assets	3 811 000	5 353 000	4 072 000	4 304 000
Total Assets	3 964 000	5 546 000	4 096 000	4 388 000
Total Equity	3 957 000	4 289 000	3 120 000	3 304 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 000	104 000	124 000	167 000
Creditors	0	48 000	0	2 000
Unpaid Taxes	−40 000	9 000	3 000	10 000
Dividends	0	0	0	0
Other Current Debt	36 000	747 000	849 000	855 000
Total Current Debt	−4 000	1 153 000	852 000	916 000
Total Equity and Debt	3 964 000	5 546 000	4 096 000	4 388 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,39 %	27,26 %	−5,9 %	−2,21 %
Debt-to-Equity Ratio	0	0,02	0,04	0,05
Operating Profit Margin	−311,43 %	72,93 %	−111,32 %	−10,13 %
Current Ratio	−952,75	4,64	4,78	4,7
Quick Ratio	−8,27	7,69	−1,52	−1,55
Equity Ratio	1	0,77	0,76	0,75
Gross Profit Margin	−62,86 %	87,1 %	13,21 %	47,89 %