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Hove West AS
AS
Active
Org 977461553
Auglendsdalen 79, 4017
Stavanger
Other support activities to arts and performing arts
·
NACE 9039
Est. 1997 · 29 years old
55 employees
www.hovewest.no
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Norway
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Other support activities to arts and performing arts
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Hove West AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
181M
135M
90M
45M
0M
2021: 60M
60M
2021
2022: 84M (+40% vs 2021)
84M
+40%
2022
2023: 75M (-11% vs 2022)
75M
-11%
2023
2024: 94M (+25% vs 2023)
94M
+25%
2024
2025: 145M (+54% vs 2024)
145M
+54%
2025
EBITDA
NOK millions
16M
12M
8M
4M
0M
2021: 10M
10M
2021
2022: 13M (+30% vs 2021)
13M
+30%
2022
2023: 5M (-62% vs 2022)
5M
-62%
2023
2024: 7M (+40% vs 2023)
7M
+40%
2024
2025: 11M (+57% vs 2024)
11M
+57%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
145 138
94 299
75 187
83 726
60 035
Staff expenses
−41 095
−37 691
−32 789
−29 059
−20 305
EBITDA
10 654
7 267
4 964
12 921
10 265
Depreciation & amort.
−5 937
−5 197
−4 281
−2 923
−2 705
EBIT
4 716
2 071
683
9 998
7 560
Net financials
−1 737
−733
−373
−54
−572
Profit before tax
2 979
1 338
310
9 944
6 988
Tax
677
257
33
2 195
1 641
Net profit
2 303
1 081
277
7 749
5 347
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
70 024
71 295
58 238
44 281
39 563
Equity
33 336
31 034
30 264
29 987
22 144
Long-term debt
10 880
10 923
7 296
379
1 410
Short-term debt
25 808
29 339
20 677
13 915
16 009
Total debt
36 688
40 262
27 973
14 294
17 419
Financial ratios
5-year trend
EBITDA margin
7,3 %
This company
15,8 %
Market median
This company
Market median
54% below market
2021
2025
Equity ratio
47,6 %
This company
38,2 %
Market median
This company
Market median
25% above market
2021
2025
Return on equity
6,9 %
This company
18,4 %
Market median
This company
Market median
63% below market
2021
2025
Net profit margin
1,6 %
This company
8,1 %
Market median
This company
Market median
80% below market
2021
2025
Asset turnover
2,07×
This company
1,12×
Market median
This company
Market median
85% above market
2021
2025
Debt / equity
1,10×
This company
0,62×
Market median
This company
Market median
77% above market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
More on Hove West AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
