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Hovland AS
AS
Active
Org 982052025
Stålverksvegen 51, 4100
Jørpeland
Repair and maintenance of machinery
·
NACE 3312
Est. 2000 · 26 years old
21 employees
Monitor
Share
Norway
/
Companies
/
Repair and maintenance of machinery
/
Hovland AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
39M
29M
19M
10M
0M
2021: 21M
21M
2021
2022: 23M (+10% vs 2021)
23M
+10%
2022
2023: 26M (+13% vs 2022)
26M
+13%
2023
2024: 27M (+4% vs 2023)
27M
+4%
2024
2025: 31M (+15% vs 2024)
31M
+15%
2025
EBITDA
NOK millions
7M
6M
4M
2M
0M
2021: 3M
3M
2021
2022: 4M (+33% vs 2021)
4M
+33%
2022
2023: 5M (+25% vs 2022)
5M
+25%
2023
2024: 6M (+20% vs 2023)
6M
+20%
2024
2025: 6M (0% vs 2024)
6M
0%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
30 727
26 972
25 516
22 510
20 789
Staff expenses
−13 275
−11 388
−10 741
−9 567
−9 502
EBITDA
5 724
6 293
5 083
3 671
2 800
Depreciation & amort.
−1 650
−1 690
−1 288
−1 119
−902
EBIT
4 074
4 603
3 795
2 552
1 898
Net financials
−586
−833
−572
−327
−245
Profit before tax
3 488
3 770
3 224
2 225
1 653
Tax
777
835
711
495
366
Net profit
2 711
2 935
2 513
1 731
1 288
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
28 105
28 091
26 469
16 620
15 651
Equity
10 521
8 810
5 875
5 362
3 981
Long-term debt
11 399
13 612
12 563
7 082
7 814
Short-term debt
6 185
5 669
8 032
4 176
3 856
Total debt
17 584
19 281
20 595
11 257
11 670
Financial ratios
5-year trend
EBITDA margin
18,6 %
This company
15,8 %
Market median
This company
Market median
18% above market
2021
2025
Equity ratio
37,4 %
This company
38,2 %
Market median
This company
Market median
2% below market
2021
2025
Return on equity
25,8 %
This company
18,4 %
Market median
This company
Market median
40% above market
2021
2025
Net profit margin
8,8 %
This company
8,1 %
Market median
This company
Market median
9% above market
2021
2025
Asset turnover
1,09×
This company
1,12×
Market median
This company
Market median
3% below market
2021
2025
Debt / equity
1,67×
This company
0,62×
Market median
This company
Market median
169% 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 Hovland AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
