HOV BILVERKSTED AS

2860 HOV

Finances

Share Ownership

Return on Equity

18,43 %

Current Ratio

2,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 455 000	7 398 000	6 436 000	6 301 000
Net Income	519 000	569 000	281 000	313 000
Total Assets	4 350 000	3 746 000	2 760 000	2 246 000
Total Equity	2 816 000	2 296 000	1 727 000	1 446 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 455 000	7 398 000	6 436 000	6 301 000
Expenditure	7 816 000	6 650 000	6 079 000	5 913 000
Operating Profit	639 000	747 000	357 000	389 000
Financial Income	25 000	1 000	4 000	12 000
Financial Costs	0	0	0	0
Financial Balance	25 000	1 000	4 000	12 000
Earnings Before Tax	663 000	748 000	361 000	401 000
Tax	144 000	179 000	79 000	88 000
Net Income	519 000	569 000	281 000	313 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	397 000	501 000	356 000	327 000
Total Current Assets	3 953 000	3 245 000	2 404 000	1 919 000
Total Assets	4 350 000	3 746 000	2 760 000	2 246 000
Total Retained Equity	2 716 000	2 196 000	1 627 000	1 346 000
Total Equity	2 816 000	2 296 000	1 727 000	1 446 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 534 000	1 449 000	1 033 000	800 000
Total Equity and Debt	4 350 000	3 746 000	2 760 000	2 246 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 450 000	7 395 000	6 274 000	6 298 000
Other Income	4 000	3 000	161 000	2 000
Revenue	8 455 000	7 398 000	6 436 000	6 301 000
Cost of Goods Sold	3 289 000	2 550 000	2 453 000	2 400 000
Salary Costs	2 334 000	2 142 000	2 016 000	1 881 000
Depreciation	104 000	79 000	75 000	62 000
Impairment	0	0	0	0
Expenditure	7 816 000	6 650 000	6 079 000	5 913 000
Operating Profit	639 000	747 000	357 000	389 000
Financial Income	25 000	1 000	4 000	12 000
Financial Costs	0	0	0	0
Financial Balance	25 000	1 000	4 000	12 000
Dividends	0	0	0	0
Net Income	519 000	569 000	281 000	313 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	18 000	13 000
Real Eastate	50 000	54 000	57 000	22 000
Machinery and Plant Facilities	278 000	345 000	142 000	0
Fixtures	48 000	81 000	124 000	277 000
Total Tangible Assets	375 000	479 000	324 000	300 000
Total Fiancial Fixed Assets	22 000	22 000	14 000	14 000
Total Fixed Assets	397 000	501 000	356 000	327 000
Stock	183 000	72 000	82 000	51 000
Total Investments	0	0	0	0
Cash, Bank	2 866 000	1 665 000	1 786 000	1 696 000
Total Current Assets	3 953 000	3 245 000	2 404 000	1 919 000
Total Assets	4 350 000	3 746 000	2 760 000	2 246 000
Total Equity	2 816 000	2 296 000	1 727 000	1 446 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	343 000	640 000	543 000	501 000
Unpaid Taxes	375 000	292 000	225 000	128 000
Dividends	0	0	0	0
Other Current Debt	672 000	357 000	181 000	79 000
Total Current Debt	1 534 000	1 449 000	1 033 000	800 000
Total Equity and Debt	4 350 000	3 746 000	2 760 000	2 246 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,43 %	24,78 %	16,27 %	21,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,56 %	10,1 %	5,55 %	6,17 %
Current Ratio	2,58	2,24	2,33	2,4
Quick Ratio	2,93	2,36	2,53	2,56
Equity Ratio	0,65	0,61	0,63	0,64
Gross Profit Margin	61,1 %	65,53 %	61,89 %	61,91 %