TERJE HOVE AS

3530 RØYSE

Finances

Return on Equity

−30,48 %

Current Ratio

0,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 200 000	2 517 000	4 029 000	5 947 000
Net Income	−114 000	−145 000	−172 000	232 000
Total Assets	824 000	794 000	1 222 000	1 548 000
Total Equity	374 000	488 000	634 000	806 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 200 000	2 517 000	4 029 000	5 947 000
Expenditure	2 352 000	2 801 000	4 258 000	5 728 000
Operating Profit	−153 000	−285 000	−230 000	219 000
Financial Income	11 000	81 000	10 000	62 000
Financial Costs	8 000	5 000	3 000	1 000
Financial Balance	3 000	76 000	7 000	61 000
Earnings Before Tax	−149 000	−209 000	−223 000	280 000
Tax	−35 000	−64 000	−51 000	48 000
Net Income	−114 000	−145 000	−172 000	232 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	430 000	670 000	846 000	826 000
Total Current Assets	395 000	125 000	376 000	723 000
Total Assets	824 000	794 000	1 222 000	1 548 000
Total Retained Equity	264 000	378 000	524 000	696 000
Total Equity	374 000	488 000	634 000	806 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	450 000	306 000	588 000	742 000
Total Equity and Debt	824 000	794 000	1 222 000	1 548 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 200 000	2 443 000	4 029 000	5 947 000
Other Income	0	74 000	0	0
Revenue	2 200 000	2 517 000	4 029 000	5 947 000
Cost of Goods Sold	1 302 000	1 350 000	1 820 000	2 882 000
Salary Costs	748 000	1 077 000	1 891 000	2 299 000
Depreciation	33 000	38 000	35 000	35 000
Impairment	0	0	0	0
Expenditure	2 352 000	2 801 000	4 258 000	5 728 000
Operating Profit	−153 000	−285 000	−230 000	219 000
Financial Income	11 000	81 000	10 000	62 000
Financial Costs	8 000	5 000	3 000	1 000
Financial Balance	3 000	76 000	7 000	61 000
Dividends	0	0	0	0
Net Income	−114 000	−145 000	−172 000	232 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	100 000	65 000	1 000	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	92 000	125 000	189 000	142 000
Total Tangible Assets	92 000	125 000	189 000	142 000
Total Fiancial Fixed Assets	238 000	480 000	656 000	682 000
Total Fixed Assets	430 000	670 000	846 000	826 000
Stock	10 000	8 000	12 000	10 000
Total Investments	0	0	0	0
Cash, Bank	306 000	90 000	174 000	431 000
Total Current Assets	395 000	125 000	376 000	723 000
Total Assets	824 000	794 000	1 222 000	1 548 000
Total Equity	374 000	488 000	634 000	806 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	242 000	15 000	177 000	61 000
Unpaid Taxes	114 000	150 000	191 000	391 000
Dividends	0	0	0	0
Other Current Debt	94 000	141 000	176 000	213 000
Total Current Debt	450 000	306 000	588 000	742 000
Total Equity and Debt	824 000	794 000	1 222 000	1 548 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−30,48 %	−29,71 %	−27,13 %	28,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−6,95 %	−11,32 %	−5,71 %	3,68 %
Current Ratio	0,88	0,41	0,64	0,97
Quick Ratio	0,9	0,42	0,65	0,99
Equity Ratio	0,45	0,61	0,52	0,52
Gross Profit Margin	40,82 %	46,36 %	54,83 %	51,54 %