HOVIN LAFT AS

3533 TYRISTRAND

Finances

Share Ownership

Return on Equity

23,81 %

Current Ratio

2,07

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	36 275 000	35 663 000	25 960 000	34 525 000
Net Income	1 190 000	4 473 000	1 676 000	3 178 000
Total Assets	10 860 000	15 309 000	7 632 000	8 525 000
Total Equity	4 997 000	7 807 000	4 334 000	3 058 000

Income (NOK)	2022	2021	2020	2019
Revenue	36 275 000	35 663 000	25 960 000	34 525 000
Expenditure	34 963 000	29 859 000	23 805 000	30 417 000
Operating Profit	1 313 000	5 803 000	2 155 000	4 108 000
Financial Income	356 000	1 000	107 000	4 000
Financial Costs	128 000	81 000	108 000	53 000
Financial Balance	228 000	−80 000	−1 000	−49 000
Earnings Before Tax	1 541 000	5 724 000	2 154 000	4 058 000
Tax	350 000	1 251 000	477 000	880 000
Net Income	1 190 000	4 473 000	1 676 000	3 178 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 875 000	3 012 000	392 000	525 000
Total Current Assets	7 986 000	12 297 000	7 240 000	7 999 000
Total Assets	10 860 000	15 309 000	7 632 000	8 525 000
Total Retained Equity	4 977 000	7 787 000	4 314 000	3 038 000
Total Equity	4 997 000	7 807 000	4 334 000	3 058 000
Total Long-Term Debt	2 000 000	2 133 000	183 000	315 000
Total Current Debt	3 864 000	5 370 000	3 115 000	5 152 000
Total Equity and Debt	10 860 000	15 309 000	7 632 000	8 525 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	36 275 000	35 663 000	25 960 000	34 525 000
Other Income	0	0	0	0
Revenue	36 275 000	35 663 000	25 960 000	34 525 000
Cost of Goods Sold	30 661 000	26 086 000	19 788 000	26 295 000
Salary Costs	2 247 000	1 877 000	2 445 000	2 408 000
Depreciation	138 000	123 000	134 000	99 000
Impairment	0	0	0	0
Expenditure	34 963 000	29 859 000	23 805 000	30 417 000
Operating Profit	1 313 000	5 803 000	2 155 000	4 108 000
Financial Income	356 000	1 000	107 000	4 000
Financial Costs	128 000	81 000	108 000	53 000
Financial Balance	228 000	−80 000	−1 000	−49 000
Dividends	0	1 000 000	400 000	800 000
Net Income	1 190 000	4 473 000	1 676 000	3 178 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 666 000	2 666 000	0	0
Machinery and Plant Facilities	15 000	20 000	0	0
Fixtures	193 000	326 000	392 000	525 000
Total Tangible Assets	2 875 000	3 012 000	392 000	525 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 875 000	3 012 000	392 000	525 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 051 000	4 691 000	1 866 000	3 541 000
Total Current Assets	7 986 000	12 297 000	7 240 000	7 999 000
Total Assets	10 860 000	15 309 000	7 632 000	8 525 000
Total Equity	4 997 000	7 807 000	4 334 000	3 058 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000 000	2 133 000	183 000	315 000
Creditors	1 094 000	1 240 000	575 000	1 230 000
Unpaid Taxes	930 000	1 642 000	1 296 000	1 227 000
Dividends	0	1 000 000	400 000	800 000
Other Current Debt	1 479 000	1 246 000	366 000	1 014 000
Total Current Debt	3 864 000	5 370 000	3 115 000	5 152 000
Total Equity and Debt	10 860 000	15 309 000	7 632 000	8 525 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,81 %	57,29 %	38,67 %	103,92 %
Debt-to-Equity Ratio	0,4	0,27	0,04	0,1
Operating Profit Margin	3,62 %	16,27 %	8,3 %	11,9 %
Current Ratio	2,07	2,29	2,32	1,55
Quick Ratio	2,07	2,29	2,32	1,55
Equity Ratio	0,46	0,51	0,57	0,36
Gross Profit Margin	15,48 %	26,85 %	23,78 %	23,84 %