HOVSLAGER AS

0758 OSLO

Finances

Share Ownership

Return on Equity

216 %

Current Ratio

1,1

Debt-to-Equity Ratio

3,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 076 000	2 216 000	2 274 000	2 407 000
Net Income	216 000	296 000	358 000	79 000
Total Assets	1 229 000	1 268 000	1 116 000	823 000
Total Equity	100 000	184 000	548 000	466 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 076 000	2 216 000	2 274 000	2 407 000
Expenditure	1 787 000	1 827 000	1 820 000	2 307 000
Operating Profit	289 000	390 000	455 000	100 000
Financial Income	1 000	1 000	5 000	2 000
Financial Costs	13 000	11 000	0	0
Financial Balance	−12 000	−10 000	5 000	2 000
Earnings Before Tax	277 000	380 000	459 000	101 000
Tax	61 000	84 000	101 000	23 000
Net Income	216 000	296 000	358 000	79 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	377 000	481 000	69 000	116 000
Total Current Assets	852 000	787 000	1 047 000	707 000
Total Assets	1 229 000	1 268 000	1 116 000	823 000
Total Retained Equity	70 000	154 000	518 000	436 000
Total Equity	100 000	184 000	548 000	466 000
Total Long-Term Debt	356 000	447 000	0	0
Total Current Debt	772 000	637 000	568 000	358 000
Total Equity and Debt	1 229 000	1 268 000	1 116 000	823 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 076 000	2 216 000	2 274 000	2 407 000
Other Income	0	0	0	0
Revenue	2 076 000	2 216 000	2 274 000	2 407 000
Cost of Goods Sold	140 000	232 000	349 000	980 000
Salary Costs	1 117 000	988 000	946 000	874 000
Depreciation	104 000	73 000	49 000	92 000
Impairment	0	0	0	0
Expenditure	1 787 000	1 827 000	1 820 000	2 307 000
Operating Profit	289 000	390 000	455 000	100 000
Financial Income	1 000	1 000	5 000	2 000
Financial Costs	13 000	11 000	0	0
Financial Balance	−12 000	−10 000	5 000	2 000
Dividends	150 000	150 000	0	0
Net Income	216 000	296 000	358 000	79 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	6 000	26 000	24 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	371 000	475 000	43 000	92 000
Total Tangible Assets	371 000	475 000	43 000	92 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	377 000	481 000	69 000	116 000
Stock	241 000	163 000	168 000	202 000
Total Investments	0	0	0	0
Cash, Bank	412 000	477 000	650 000	340 000
Total Current Assets	852 000	787 000	1 047 000	707 000
Total Assets	1 229 000	1 268 000	1 116 000	823 000
Total Equity	100 000	184 000	548 000	466 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	356 000	447 000	0	0
Creditors	86 000	77 000	63 000	38 000
Unpaid Taxes	241 000	156 000	242 000	136 000
Dividends	150 000	150 000	0	0
Other Current Debt	235 000	191 000	160 000	152 000
Total Current Debt	772 000	637 000	568 000	358 000
Total Equity and Debt	1 229 000	1 268 000	1 116 000	823 000

Financial indicators	2022	2021	2020	2019
Return on Equity	216 %	160,87 %	65,33 %	16,95 %
Debt-to-Equity Ratio	3,56	2,43	0	0
Operating Profit Margin	13,92 %	17,6 %	20,01 %	4,15 %
Current Ratio	1,1	1,24	1,84	1,97
Quick Ratio	1,6	1,66	2,62	4,53
Equity Ratio	0,08	0,15	0,49	0,57
Gross Profit Margin	93,26 %	89,53 %	84,65 %	59,29 %