Riskpilot← Back to searchSign inGet full accessHOVE WEST AS
ASActiveOrg 977461553Auglendsdalen 79, 4017 StavangerOther support activities to arts and performing arts · NACE 9039Est. 199755 employeeswww.hovewest.no
Revenue 2024
NOK 94,3M
+25% vs 2023
EBITDA margin
7.7%
+46% vs 2023
Equity ratio
43.5%
Financial strength
Net profit 2024
NOK 1,1M
+290% vs 2023
| Revenue | NOK 94,3M | +25% |
| EBITDA | NOK 7,3M | +46% |
| Net profit | NOK 1,1M | +290% |
| Total assets | NOK 71,3M | +22% |
| Equity | NOK 31M | +3% |
| Employees | 55 | — |
Legal name
HOVE WEST AS
Org number
977461553
Legal form
Aksjeselskap
NACE code
9039 · Other support activities to arts and performing arts
Founded
3. februar 1997
Share capital
NOK 652 063
Employees
55 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Selskapets formål er salg, utleie og konsulentvirksomhet innenfor lysutstyr/lysdesign, lydutstyr/lyddesign, avutstyr/avdesign, scene, deltagelse i beslektet virksomhet, samt hva hermed står i forbindelse.
Address
Auglendsdalen 79, 4017 Stavanger
Phone
+4751951990
Email
post@hovewest.no
Website
www.hovewest.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 40 469 | 60 035 | 83 726 | 75 187 | 94 299 |
| Staff expenses | −14 721 | −20 305 | −29 059 | −32 789 | −37 691 |
| EBITDA | 3 194 | 10 265 | 12 921 | 4 964 | 7 267 |
| Depreciation & amort. | −2 902 | −2 705 | −2 923 | −4 281 | −5 197 |
| EBIT | 292 | 7 560 | 9 998 | 683 | 2 071 |
| Net financials | −159 | −572 | −54 | −373 | −733 |
| Profit before tax | 133 | 6 988 | 9 944 | 310 | 1 338 |
| Tax | 38 | 1 641 | 2 195 | 33 | 257 |
| Net profit | 95 | 5 347 | 7 749 | 277 | 1 081 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 36 222 | 39 563 | 44 281 | 58 238 | 71 295 |
| Equity | 16 797 | 22 144 | 29 987 | 30 264 | 31 034 |
| Long-term debt | 4 943 | 1 410 | 379 | 7 296 | 10 923 |
| Short-term debt | 14 482 | 16 009 | 13 915 | 20 677 | 29 339 |
| Total debt | 19 425 | 17 419 | 14 294 | 27 973 | 40 262 |
EBITDA margin
7.7%
This company
15.8%
Market median
-51% vs market
20202024
Equity ratio
43.5%
This company
38.2%
Market median
+14% vs market
20202024
Return on equity
3.5%
This company
18.4%
Market median
-81% vs market
20202024
Net profit margin
1.1%
This company
8.1%
Market median
-86% vs market
20202024
Asset turnover
1.32×
This company
1.12×
Market median
+18% vs market
20202024
Debt / equity
1.30×
This company
0.62×
Market median
-110% vs market
20202024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
SR Deputy Member | Deputy Member | 2015 |
AK Deputy Member | Deputy Member | 2015 |
TA Deputy Member | Deputy Member | 2015 |
SH Chief Executive Officer | Chief Executive Officer | 1997 |
| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
| Board of Directors | 2015 | |
| Chairman | 2015 | |
| Board of Directors | 2015 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 36.96% | 36.96% | 2024 | |
| Company | 23.45% | 23.45% | 2024 | |
| Individual | 13.04% | 13.04% | 2024 | |
| Company | 13.04% | 13.04% | 2024 | |
| Company | 3.08% | 3.08% | 2024 | |
| Company | 2.48% | 2.48% | 2024 | |
| Individual | 1.51% | 1.51% | 2024 | |
| Individual | 1.33% | 1.33% | 2023 | |
| Individual | 1.33% | 1.33% | 2024 | |
| Individual | 1.05% | 1.05% | 2024 |
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HOVE WEST AS 
VIDEOFORCE SCANDINAVIA ASBoard members of HOVE WEST AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Stig Runar Solli | Deputy Member | 0 companies |
| Albert Kenneth Skurtveit Jespersen | Deputy Member | 0 companies |
| Terje Amundsen Eidsør | Deputy Member | 0 companies |
| Sveinung Hove | Chief Executive Officer | 0 companies |
| Arild Herbert Lægreid | Board of Directors | 0 companies |
| Rune Runestad | Chairman | 0 companies |
| Helge Leirvik | Board of Directors | 0 companies |