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HOVLAND AS
AS
Active
Org 982052025
Stålverksvegen 51, 4100 Jørpeland
Repair and maintenance of machinery · NACE 3312
Est. 2000
25 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 27M
+6% vs 2023
EBITDA margin
23.3%
+24% vs 2023
Equity ratio
31.4%
Financial strength
Net profit 2024
NOK 2,9M
+17% vs 2023
EBITDA — year on year
NOK millions
8M
6M
4M
2M
0M
4M
2020
3M
-25%
2021
4M
+33%
2022
5M
+25%
2023
6M
+20%
2024
Key figures
Annual report 2024
Revenue
NOK 27M
+6%
EBITDA
NOK 6,3M
+24%
Net profit
NOK 2,9M
+17%
Total assets
NOK 28,1M
+6%
Equity
NOK 8,8M
+50%
Employees
25
—
Company information
Legal name
HOVLAND AS
Org number
982052025
Legal form
Aksjeselskap
NACE code
3312 · Repair and maintenance of machinery
Founded
26. mai 2000
Share capital
NOK 100 000
Employees
25 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder og styrets leder i fellesskap.
Company purpose
Mekanisk verksted for industrien.
Contact
Address
Stålverksvegen 51, 4100 Jørpeland
Phone
+4751744424
Email
hovland@hovlandas.no
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Companies in Repair and maintenance of machinery
Companies in Strand
All Norway companies
Revenue
NOK millions
0M
8M
16M
23M
31M
21M
2020
21M
2021
23M
2022
26M
2023
27M
2024
EBITDA
NOK millions
0M
2M
3M
5M
7M
4M
2020
3M
2021
4M
2022
5M
2023
6M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
20 808
20 789
22 510
25 516
26 972
Staff expenses
−8 882
−9 502
−9 567
−10 741
−11 388
EBITDA
4 171
2 800
3 671
5 083
6 293
Depreciation & amort.
−1 054
−902
−1 119
−1 288
−1 690
EBIT
3 117
1 898
2 552
3 795
4 603
Net financials
−298
−245
−327
−572
−833
Profit before tax
2 819
1 653
2 225
3 224
3 770
Tax
620
366
495
711
835
Net profit
2 198
1 288
1 731
2 513
2 935
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
17 289
15 651
16 620
26 469
28 091
Equity
3 693
3 981
5 362
5 875
8 810
Long-term debt
9 189
7 814
7 082
12 563
13 612
Short-term debt
4 407
3 856
4 176
8 032
5 669
Total debt
13 596
11 670
11 257
20 595
19 281
Financial ratios
5-year trend
EBITDA margin
23.3%
This company
15.8%
Market median
+47% vs market
2020
2024
Equity ratio
31.4%
This company
38.2%
Market median
+18% vs market
2020
2024
Return on equity
33.3%
This company
18.4%
Market median
+81% vs market
2020
2024
Net profit margin
10.9%
This company
8.1%
Market median
+35% vs market
2020
2024
Asset turnover
0.96×
This company
1.12×
Market median
+14% vs market
2020
2024
Debt / equity
2.19×
This company
0.62×
Market median
-253% vs market
2020
2024
Annual reports & filings
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
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
SH
Stian Hovland
Chairman
2019
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Hovland As
Company
50%
50%
2022
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of HOVLAND AS also hold positions in
0
other companies.
Person
Role here
Other companies
Stian Hovland
Chairman
0 companies