HOVLAND BILVERKSTED AS

3072 SANDE I VESTFOLD

Finances

Share Ownership

Return on Equity

54,72 %

Current Ratio

1,64

Debt-to-Equity Ratio

2,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	931 000	740 000	607 000	1 019 000
Net Income	87 000	74 000	−160 000	−35 000
Total Assets	790 000	422 000	506 000	506 000
Total Equity	159 000	71 000	−3 000	158 000

Income (NOK)	2022	2021	2020	2019
Revenue	931 000	740 000	607 000	1 019 000
Expenditure	834 000	660 000	757 000	1 053 000
Operating Profit	98 000	79 000	−150 000	−33 000
Financial Income	0	0	0	0
Financial Costs	11 000	5 000	10 000	9 000
Financial Balance	−11 000	−5 000	−10 000	−9 000
Earnings Before Tax	87 000	74 000	−160 000	−43 000
Tax	0	0	0	−7 000
Net Income	87 000	74 000	−160 000	−35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	525 000	206 000	277 000	197 000
Total Current Assets	265 000	216 000	229 000	309 000
Total Assets	790 000	422 000	506 000	506 000
Total Retained Equity	138 000	51 000	−23 000	137 000
Total Equity	159 000	71 000	−3 000	158 000
Total Long-Term Debt	470 000	197 000	252 000	170 000
Total Current Debt	162 000	154 000	257 000	178 000
Total Equity and Debt	790 000	422 000	506 000	506 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	807 000	740 000	588 000	1 019 000
Other Income	124 000	0	19 000	0
Revenue	931 000	740 000	607 000	1 019 000
Cost of Goods Sold	44 000	37 000	64 000	44 000
Salary Costs	347 000	254 000	309 000	495 000
Depreciation	60 000	60 000	63 000	74 000
Impairment	0	0	0	0
Expenditure	834 000	660 000	757 000	1 053 000
Operating Profit	98 000	79 000	−150 000	−33 000
Financial Income	0	0	0	0
Financial Costs	11 000	5 000	10 000	9 000
Financial Balance	−11 000	−5 000	−10 000	−9 000
Dividends	0	0	0	0
Net Income	87 000	74 000	−160 000	−35 000

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	0	0	0	0
Fixtures	516 000	186 000	246 000	155 000
Total Tangible Assets	516 000	186 000	246 000	155 000
Total Fiancial Fixed Assets	9 000	20 000	31 000	42 000
Total Fixed Assets	525 000	206 000	277 000	197 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	169 000	106 000	125 000	191 000
Total Current Assets	265 000	216 000	229 000	309 000
Total Assets	790 000	422 000	506 000	506 000
Total Equity	159 000	71 000	−3 000	158 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	470 000	197 000	252 000	170 000
Creditors	31 000	35 000	28 000	25 000
Unpaid Taxes	53 000	69 000	59 000	70 000
Dividends	0	0	0	0
Other Current Debt	77 000	50 000	170 000	83 000
Total Current Debt	162 000	154 000	257 000	178 000
Total Equity and Debt	790 000	422 000	506 000	506 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,72 %	104,23 %	5 333,33 %	−22,15 %
Debt-to-Equity Ratio	2,96	2,77	−84	1,08
Operating Profit Margin	10,53 %	10,68 %	−24,71 %	−3,24 %
Current Ratio	1,64	1,4	0,89	1,74
Quick Ratio	1,64	1,4	0,89	1,74
Equity Ratio	0,2	0,17	−0,01	0,31
Gross Profit Margin	95,27 %	95 %	89,46 %	95,68 %