Hove A/S ^HOVE.CO

Finances

	2024	2023	2022	2021	2020	2019
Revenue	169.331 M ^{-9.43 %}	186.965 M ^{23.39 %}	151.517 M ^{46.84 %}	103.187 M ^{0.22 %}	102.962 M ^{2.32 %}	100.630 M
Net income	5.662 M ^{58.37 %}	3.575 M ^{-49.77 %}	7.117 M ^{79.36 %}	3.968 M ^{-30.80 %}	5.734 M ^{153.16 %}	2.265 M
Income before tax	8.987 M ^{19.34 %}	7.530 M ^{-17.03 %}	9.076 M ^{77.60 %}	5.110 M ^{-31.86 %}	7.500 M ^{152.61 %}	2.969 M
Income before tax ratio	0.05 ^{31.77 %}	0.04 ^{-32.76 %}	0.06 ^{20.95 %}	0.05 ^{-32.01 %}	0.07 ^{146.89 %}	0.03
EBITDA	11.035 M ^{-1.16 %}	11.164 M ^{-8.58 %}	12.212 M ^{75.46 %}	6.960 M ^{-29.89 %}	9.928 M ^{117.72 %}	4.560 M
Net income ratio	0.03 ^{74.87 %}	0.02 ^{-59.29 %}	0.05 ^{22.15 %}	0.04 ^{-30.95 %}	0.06 ^{147.42 %}	0.02
Ratio EBITDA	0.07 ^{9.13 %}	0.06 ^{-25.91 %}	0.08 ^{19.49 %}	0.07 ^{-30.04 %}	0.10 ^{112.79 %}	0.05
Gross profit ratio	0.17 ^{-37.44 %}	0.27 ^{9.66 %}	0.25 ^{-3.55 %}	0.26 ^{-1.30 %}	0.26 ^{29.80 %}	0.20
Weighted average shs out dil	25.736 M ^{1.47 %}	25.363 M ^{5.68 %}	24.000 M ^{0.00 %}	24.000 M ^{0.00 %}	24.000 M ^{0.00 %}	24.000 M
Weighted average shs out	24.617 M ^{3.29 %}	23.834 M ^{-0.69 %}	24.000 M ^{0.00 %}	24.000 M ^{0.00 %}	24.000 M ^{0.00 %}	24.000 M
EPS diluted	0.22 ^{57.14 %}	0.14 ^{-53.33 %}	0.30 ^{76.47 %}	0.17 ^{-29.17 %}	0.24 ^{154.24 %}	0.09
Earnings per share	0.23 ^{53.33 %}	0.15 ^{-50.00 %}	0.30 ^{76.47 %}	0.17 ^{-29.17 %}	0.24 ^{154.24 %}	0.09
Gross profit	28.675 M ^{-43.34 %}	50.605 M ^{35.31 %}	37.399 M ^{41.62 %}	26.408 M ^{-1.09 %}	26.698 M ^{32.81 %}	20.103 M
Income tax expense	3.325 M ^{-15.93 %}	3.955 M ^{101.91 %}	1.959 M ^{71.47 %}	1.142 M ^{-35.31 %}	1.766 M ^{150.85 %}	704.000 K
Cost of revenue	140.656 M ^{3.15 %}	136.359 M ^{19.49 %}	114.119 M ^{48.63 %}	76.780 M ^{0.68 %}	76.264 M ^{-5.29 %}	80.527 M
General and administrative expenses	9.121 M ^{52.55 %}	5.979 M	0.000	0.000	0.000	0.000
Selling and marketing expenses	4.711 M ^{31.37 %}	3.586 M	0.000	0.000	0.000	0.000
Other expenses	0.000 ^{-100.00 %}	8.538 M ^{739.31 %}	1.017 M ^{-91.31 %}	11.708 M ^{10.12 %}	10.632 M ^{1 308.23 %}	755.000 K
Operating expenses	17.605 M ^{-54.65 %}	38.817 M ^{41.81 %}	27.373 M ^{32.10 %}	20.721 M ^{16.29 %}	17.818 M ^{8.94 %}	16.356 M
Cost and expenses	-158.261 M ^{-190.34 %}	175.176 M ^{23.81 %}	141.491 M ^{45.12 %}	97.501 M ^{3.63 %}	94.082 M ^{-2.89 %}	96.883 M
Research and development expenses	1.811 M ^{1 000.16 %}	164.613 K ^{-36.98 %}	261.216 K	0.000	0.000	0.000
Selling general and administrative expenses	15.794 M ^{-47.55 %}	30.114 M ^{15.40 %}	26.094 M ^{189.50 %}	9.014 M ^{25.43 %}	7.186 M ^{-53.94 %}	15.601 M
Interest income	0.000 ^{-100.00 %}	72.889 K ^{-92.77 %}	1.008 M ^{133.50 %}	431.817 K ^{62.79 %}	265.264 K ^{35.34 %}	196.000 K
Interest expense	860.000 K ^{-64.80 %}	2.443 M ^{24.77 %}	1.958 M ^{94.43 %}	1.007 M ^{-25.96 %}	1.360 M ^{62.70 %}	836.000 K
Depreciation and amortization	1.188 M ^{-0.24 %}	1.191 M ^{1.10 %}	1.178 M ^{39.85 %}	842.334 K ^{7.58 %}	783.000 K ^{3.85 %}	754.000 K
Operating income	11.070 M ^{-6.10 %}	11.789 M ^{17.58 %}	10.026 M ^{76.32 %}	5.686 M ^{-35.97 %}	8.880 M ^{136.93 %}	3.748 M
Operating income ratio	0.07 ^{3.68 %}	0.06 ^{-4.71 %}	0.07 ^{20.08 %}	0.06 ^{-36.11 %}	0.09 ^{131.57 %}	0.04
Total other income expenses net	-2.083 M ^{51.08 %}	-4.258 M ^{-348.25 %}	-950.000 K ^{-64.93 %}	-576.000 K ^{58.26 %}	-1.380 M ^{-77.15 %}	-779.000 K
	2024	2023	2022	2021	2020	2019

	2024	2023	2022	2021	2020	2019
Net debt	-23.000 K ^{99.58 %}	-5.414 M ^{-5.10 %}	-5.152 M ^{40.06 %}	-8.595 M ^{-148.66 %}	17.662 M ^{15.61 %}	15.277 M
Total investments	220.000 K ^{-26.17 %}	297.963 K	0.000 ^{-100.00 %}	58.278 K ^{-95.36 %}	1.256 M ^{-18.49 %}	1.541 M
Total debt	6.317 M ^{-23.11 %}	8.216 M ^{-43.36 %}	14.506 M ^{-14.19 %}	16.905 M ^{-15.44 %}	19.990 M ^{19.42 %}	16.740 M
Accumulated other comprehensive income loss	12.136 M ^{219.56 %}	3.798 M ^{-8.16 %}	4.135 M ^{2.84 %}	4.021 M ^{-23.45 %}	5.253 M ^{137.69 %}	2.210 M
Retained earnings	31.465 M ^{-2.18 %}	32.167 M ^{12.65 %}	28.554 M ^{33.42 %}	21.401 M ^{40.22 %}	15.262 M ^{36.48 %}	11.183 M
Common stock	2.465 M ^{0.94 %}	2.442 M ^{1.75 %}	2.400 M ^{0.00 %}	2.400 M ^{380.00 %}	500.000 K ^{0.00 %}	500.000 K
Total equity	79.324 M ^{11.06 %}	71.424 M ^{6.25 %}	67.223 M ^{12.12 %}	59.956 M ^{185.30 %}	21.015 M ^{31.07 %}	16.033 M
Other non current liabilities	1.152 M ^{-5.65 %}	1.221 M ^{-21.49 %}	1.555 M ^{-18.11 %}	1.899 M ^{26.45 %}	1.502 M ^{-45.64 %}	2.763 M
Long term debt	3.734 M ^{-49.37 %}	7.375 M ^{-38.61 %}	12.014 M ^{-17.08 %}	14.488 M ^{-10.07 %}	16.110 M ^{92.13 %}	8.385 M
Total non current liabilities	7.640 M ^{-30.66 %}	11.019 M ^{-30.12 %}	15.767 M ^{-10.26 %}	17.569 M ^{-7.78 %}	19.052 M ^{70.90 %}	11.148 M
Other current liabilities	3.353 M ^{39.30 %}	2.407 M ^{-11.91 %}	2.732 M ^{174.30 %}	996.144 K ^{-25.91 %}	1.345 M ^{-13.14 %}	1.548 M
Deferred revenue	361.000 K	0.000	0.000 ^{-100.00 %}	1.423 M ^{-12.04 %}	1.618 M ^{230.13 %}	490.000 K
Short term debt	2.583 M ^{207.20 %}	840.827 K ^{-66.27 %}	2.493 M ^{3.12 %}	2.417 M ^{-37.71 %}	3.880 M ^{-50.67 %}	7.865 M
Total current liabilities	16.461 M ^{17.80 %}	13.974 M ^{-56.86 %}	32.390 M ^{134.40 %}	13.818 M ^{-3.67 %}	14.344 M ^{-20.89 %}	18.133 M
Total liabilities	24.101 M ^{-3.57 %}	24.993 M ^{-48.10 %}	48.157 M ^{53.43 %}	31.388 M ^{-6.02 %}	33.396 M ^{14.06 %}	29.281 M
Other non current assets	0.000	0.000 ^{-100.00 %}	1.395 M ^{2 293.99 %}	58.278 K	0.000 ^{-100.00 %}	1.000 K
Long term investments	220.000 K ^{-26.17 %}	297.963 K	0.000 ^{-100.00 %}	58.278 K	0.000	0.000
Intangible assets	8.409 M ^{-7.94 %}	9.134 M ^{-34.29 %}	13.901 M ^{7.92 %}	12.882 M ^{498.67 %}	2.152 M	0.000
GoodWill	0.000	0.000	0.000	0.000	0.000	0.000
Goodwill and intangible assets	8.409 M ^{-7.94 %}	9.134 M ^{-34.29 %}	13.901 M ^{7.92 %}	12.882 M ^{498.67 %}	2.152 M	0.000
Property plant equipment net	17.251 M ^{-0.21 %}	17.288 M ^{2.11 %}	16.931 M ^{-3.64 %}	17.571 M ^{0.85 %}	17.423 M ^{8.00 %}	16.132 M
Total non current assets	25.880 M ^{-3.14 %}	26.720 M ^{-17.09 %}	32.228 M ^{5.63 %}	30.511 M ^{55.87 %}	19.575 M ^{21.33 %}	16.133 M
Other current assets	805.000 K	0.000 ^{-100.00 %}	7.673 M ^{25 333.09 %}	30.169 K ^{-1.49 %}	30.624 K ^{-4.30 %}	32.000 K
Short term investments	0.000	0.000	0.000	0.000 ^{-100.00 %}	1.256 M ^{-18.49 %}	1.541 M
cash and cash equivalents	6.340 M ^{-53.49 %}	13.630 M ^{-30.66 %}	19.658 M ^{-22.91 %}	25.499 M ^{995.14 %}	2.328 M ^{59.15 %}	1.463 M
Cash and short term investments	6.340 M ^{-53.49 %}	13.630 M ^{-30.66 %}	19.658 M ^{-22.91 %}	25.499 M ^{611.39 %}	3.584 M ^{19.32 %}	3.004 M
Total current assets	77.545 M ^{11.26 %}	69.696 M ^{-16.18 %}	83.153 M ^{36.69 %}	60.833 M ^{74.62 %}	34.837 M ^{19.38 %}	29.182 M
Inventory	36.682 M ^{20.40 %}	30.467 M ^{-10.49 %}	34.036 M ^{80.05 %}	18.904 M ^{35.97 %}	13.903 M ^{-6.76 %}	14.910 M
Net receivables	33.718 M ^{31.71 %}	25.599 M ^{17.50 %}	21.786 M ^{32.85 %}	16.400 M ^{-5.31 %}	17.319 M ^{54.14 %}	11.236 M
Tax assets	0.000	0.000	0.000 ^{100.00 %}	-58.278 K	0.000	0.000
Other assets	0.000	0.000	0.000	0.000	0.000 ^{100.00 %}	-1.000 K
Account payables	10.164 M ^{30.20 %}	7.807 M ^{-69.07 %}	25.240 M ^{218.69 %}	7.920 M ^{26.82 %}	6.245 M ^{-22.91 %}	8.101 M
Tax payables	0.000 ^{-100.00 %}	2.919 M ^{51.64 %}	1.925 M ^{81.23 %}	1.062 M ^{-15.50 %}	1.257 M ^{874.46 %}	129.000 K
Deferred revenue non current	60.000 K	0.000	0.000	0.000	0.000	0.000
Minority interest	0.000	0.000	0.000	0.000	0.000	0.000
Capital lease obligations	0.000	0.000	0.000	0.000	0.000 ^{100.00 %}	-490.000 K
Preferred stock	0.000	0.000	0.000	0.000	0.000	0.000
Other total stockholders equity	33.258 M ^{0.73 %}	33.017 M ^{2.75 %}	32.134 M ^{0.00 %}	32.134 M	0.000	0.000
Deferred tax liabilities non current	2.694 M ^{11.20 %}	2.423 M ^{10.20 %}	2.198 M ^{85.96 %}	1.182 M ^{-17.90 %}	1.440 M ^{59.80 %}	901.000 K
Other liabilities	0.000	0.000	0.000	0.000	0.000	0.000
Total assets	103.425 M ^{7.27 %}	96.416 M ^{-16.44 %}	115.381 M ^{26.31 %}	91.344 M ^{67.88 %}	54.411 M ^{20.08 %}	45.314 M
	2024	2023	2022	2021	2020	2019

	2024	2023	2022	2021	2020	2019
Deferred income tax	0.000	0.000	0.000	0.000	0.000	0.000
Stock based compensation	0.000	0.000	0.000	0.000	0.000	0.000
Change in working capital	-11.515 M ^{-11.77 %}	-10.302 M ^{2.53 %}	-10.569 M ^{-296.88 %}	-2.663 M ^{50.68 %}	-5.399 M ^{-186.33 %}	6.254 M
Accounts receivables	-8.846 M ^{-329.17 %}	3.860 M ^{129.54 %}	-13.068 M ^{-1 715.33 %}	809.000 K ^{113.56 %}	-5.964 M ^{-157.03 %}	10.458 M
Inventory	-6.215 M ^{-274.09 %}	3.570 M ^{123.59 %}	-15.133 M ^{-202.60 %}	-5.001 M ^{-596.62 %}	1.007 M ^{369.25 %}	-374.000 K
Accounts payables	1.649 M ^{109.30 %}	-17.732 M ^{-235.69 %}	13.068 M ^{754.68 %}	1.529 M ^{445.93 %}	-442.000 K ^{95.77 %}	-10.458 M
Other working capital	1.897 M	0.000 ^{-100.00 %}	4.564 M	0.000	0.000 ^{-100.00 %}	6.628 M
Other non cash items	593.000 K ^{-93.34 %}	8.905 M ^{302.21 %}	2.214 M ^{185.68 %}	775.000 K ^{-24.46 %}	1.026 M ^{237.72 %}	-745.000 K
Net cash provided by operating activities	-4.072 M ^{-220.87 %}	3.369 M ^{5 715.00 %}	-60.000 K ^{-102.05 %}	2.922 M ^{33.49 %}	2.189 M ^{-74.33 %}	8.528 M
Investments in property plant and equipment	-2.052 M ^{-35.62 %}	-1.513 M ^{51.78 %}	-3.138 M ^{28.84 %}	-4.410 M ^{-73.69 %}	-2.539 M ^{-903.56 %}	-253.000 K
Acquisitions net	0.000	0.000	0.000 ^{100.00 %}	-4.088 M ^{-3 993.33 %}	105.000 K	0.000
Purchases of investments	0.000	0.000	0.000 ^{100.00 %}	-58.000 K	0.000	0.000
Sales maturities of investments	0.000	0.000	0.000 ^{-100.00 %}	3.042 M	0.000	0.000
Other investing activites	0.000 ^{100.00 %}	-1.650 M ^{-1 750.00 %}	100.000 K ^{103.29 %}	-3.042 M	0.000 ^{-100.00 %}	2.755 M
Net cash used for investing activites	-2.052 M ^{35.12 %}	-3.163 M ^{-4.11 %}	-3.038 M ^{64.49 %}	-8.556 M ^{-251.52 %}	-2.434 M ^{-197.28 %}	2.502 M
Debt repayment	-3.401 M ^{25.81 %}	-4.584 M ^{-62.90 %}	-2.814 M ^{-73.38 %}	-1.623 M ^{-149.94 %}	3.250 M ^{356.46 %}	712.000 K
Common stock issued	265.000 K	0.000	0.000 ^{-100.00 %}	34.690 M	0.000	0.000
Common stock repurchased	0.000	0.000	0.000	0.000	0.000	0.000
Dividends paid	0.000	0.000	0.000 ^{100.00 %}	-2.800 M ^{-30.84 %}	-2.140 M ^{-328.00 %}	-500.000 K
Other financing activites	0.000 ^{100.00 %}	-1.652 M ^{-2 426.76 %}	71.000 K ^{104.86 %}	-1.462 M	0.000 ^{100.00 %}	-11.059 M
Net cash used provided by financing activities	-3.136 M ^{49.71 %}	-6.236 M ^{-127.34 %}	-2.743 M ^{-109.52 %}	28.805 M ^{2 495.05 %}	1.110 M ^{110.23 %}	-10.847 M
Effect of forex changes on cash	1.970 M	0.000	0.000	0.000	0.000	0.000
Net change in cash	-7.290 M ^{-20.90 %}	-6.030 M ^{-3.24 %}	-5.841 M ^{-125.21 %}	23.171 M ^{2 578.73 %}	865.000 K ^{372.68 %}	183.000 K
Cash at beginning of period	13.630 M ^{-30.67 %}	19.660 M ^{-22.90 %}	25.499 M ^{995.32 %}	2.328 M ^{59.13 %}	1.463 M ^{14.30 %}	1.280 M
Cash at end of period	4.370 M ^{-67.94 %}	13.630 M ^{-30.66 %}	19.658 M ^{-22.91 %}	25.499 M ^{995.32 %}	2.328 M ^{59.13 %}	1.463 M
Operating cash flow	-4.072 M ^{-218.96 %}	3.423 M ^{5 805.00 %}	-60.000 K ^{-102.05 %}	2.922 M ^{33.49 %}	2.189 M ^{-74.33 %}	8.528 M
Capital expenditure	-630.000 K ^{82.07 %}	-3.513 M ^{-11.95 %}	-3.138 M ^{28.84 %}	-4.410 M ^{-73.69 %}	-2.539 M ^{-903.56 %}	-253.000 K
Free CashFlow	-4.702 M ^{-5 124.44 %}	-90.000 K ^{97.19 %}	-3.198 M ^{-114.92 %}	-1.488 M ^{-325.14 %}	-350.000 K ^{-104.23 %}	8.275 M
	2024	2023	2022	2021	2020	2019

	2025-06-30	2024-12-31	2024-06-30	2023-12-31	2023-06-30	2022-12-31	2022-06-30	2021-12-31	2021-06-30
Revenue	108.314 M ^{29.44 %}	83.678 M ^{-2.31 %}	85.653 M ^{-5.52 %}	90.655 M ^{-5.87 %}	96.310 M ^{13.53 %}	84.833 M ^{27.25 %}	66.669 M ^{43.63 %}	46.418 M ^{-18.23 %}	56.769 M
Net income	8.293 M ^{811.80 %}	909.518 K ^{-80.86 %}	4.752 M ^{218.54 %}	-4.009 M ^{-152.86 %}	7.584 M ^{16.30 %}	6.521 M ^{994.43 %}	595.850 K ^{-15.29 %}	703.368 K ^{-78.45 %}	3.265 M
Income before tax	10.715 M ^{317.03 %}	2.569 M ^{-59.96 %}	6.418 M ^{348.39 %}	-2.584 M ^{-125.55 %}	10.114 M ^{28.70 %}	7.859 M ^{545.69 %}	1.217 M ^{21.22 %}	1.004 M ^{-75.55 %}	4.106 M
Income before tax ratio	0.10 ^{222.17 %}	0.03 ^{-59.02 %}	0.07 ^{362.89 %}	-0.03 ^{-127.14 %}	0.11 ^{13.36 %}	0.09 ^{407.43 %}	0.02 ^{-15.60 %}	0.02 ^{-70.09 %}	0.07
EBITDA	13.193 M ^{163.41 %}	5.008 M ^{-33.13 %}	7.490 M ^{13.29 %}	6.612 M ^{-51.44 %}	13.617 M ^{45.64 %}	9.350 M ^{378.62 %}	1.953 M ^{17.58 %}	1.661 M ^{-65.86 %}	4.867 M
Net income ratio	0.08 ^{604.41 %}	0.01 ^{-80.41 %}	0.06 ^{225.46 %}	-0.04 ^{-156.16 %}	0.08 ^{2.44 %}	0.08 ^{760.09 %}	0.01 ^{-41.02 %}	0.02 ^{-73.65 %}	0.06
Ratio EBITDA	0.12 ^{103.50 %}	0.06 ^{-31.56 %}	0.09 ^{19.90 %}	0.07 ^{-48.42 %}	0.14 ^{28.29 %}	0.11 ^{276.14 %}	0.03 ^{-18.13 %}	0.04 ^{-58.25 %}	0.09
Gross profit ratio	0.29 ^{76.94 %}	0.16 ^{-44.20 %}	0.29 ^{605.13 %}	0.04 ^{-86.28 %}	0.30 ^{12.26 %}	0.27 ^{24.22 %}	0.22 ^{-17.71 %}	0.26 ^{5.93 %}	0.25
Weighted average shs out dil	25.080 M ^{-2.55 %}	25.736 M ^{5.39 %}	24.420 M ^{0.00 %}	24.420 M ^{-5.27 %}	25.777 M ^{-0.14 %}	25.813 M ^{0.00 %}	25.813 M ^{7.56 %}	24.000 M ^{0.00 %}	24.000 M
Weighted average shs out	25.130 M ^{1.93 %}	24.655 M ^{0.96 %}	24.420 M ^{0.00 %}	24.420 M ^{-5.27 %}	25.777 M ^{1.56 %}	25.382 M ^{-1.67 %}	25.814 M ^{-0.32 %}	25.897 M ^{7.91 %}	24.000 M
EPS diluted	0.34 ^{2 011.80 %}	0.02 ^{-91.73 %}	0.19 ^{221.63 %}	-0.16 ^{-153.33 %}	0.30 ^{15.38 %}	0.26 ^{1 030.43 %}	0.02 ^{-23.33 %}	0.03 ^{-77.94 %}	0.14
Earnings per share	0.34 ^{821.41 %}	0.04 ^{-81.04 %}	0.19 ^{221.63 %}	-0.16 ^{-153.33 %}	0.30 ^{15.38 %}	0.26 ^{1 030.43 %}	0.02 ^{-17.86 %}	0.03 ^{-79.41 %}	0.14
Gross profit	31.358 M ^{129.03 %}	13.691 M ^{-45.48 %}	25.114 M ^{566.23 %}	3.770 M ^{-87.08 %}	29.182 M ^{27.45 %}	22.897 M ^{58.07 %}	14.486 M ^{18.19 %}	12.256 M ^{-13.39 %}	14.151 M
Income tax expense	2.422 M ^{45.92 %}	1.660 M ^{-0.32 %}	1.665 M ^{16.81 %}	1.426 M ^{-43.65 %}	2.530 M ^{89.10 %}	1.338 M ^{115.32 %}	621.282 K ^{106.61 %}	300.708 K ^{-64.26 %}	841.292 K
Cost of revenue	76.956 M ^{9.96 %}	69.986 M ^{15.61 %}	60.539 M ^{-30.32 %}	86.885 M ^{29.43 %}	67.128 M ^{8.38 %}	61.936 M ^{18.69 %}	52.183 M ^{52.75 %}	34.161 M ^{-19.84 %}	42.619 M
General and administrative expenses	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Selling and marketing expenses	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Other expenses	0.000	0.000 ^{-100.00 %}	383.836 K	0.000	0.000	0.000	0.000	0.000	0.000
Operating expenses	18.689 M ^{99.51 %}	9.367 M ^{-48.50 %}	18.188 M ^{277.67 %}	4.816 M ^{-70.44 %}	16.289 M ^{7.57 %}	15.143 M ^{15.03 %}	13.164 M ^{22.06 %}	10.785 M ^{13.48 %}	9.504 M
Cost and expenses	95.645 M ^{20.53 %}	79.354 M ^{0.80 %}	78.727 M ^{-14.15 %}	91.701 M ^{9.93 %}	83.417 M ^{8.22 %}	77.079 M ^{17.95 %}	65.347 M ^{45.39 %}	44.946 M ^{-13.77 %}	52.123 M
Research and development expenses	349.000 K ^{-15.63 %}	413.669 K ^{15.12 %}	359.332 K ^{118.29 %}	164.613 K	0.000 ^{-100.00 %}	176.414 K ^{108.56 %}	84.586 K	0.000	0.000
Selling general and administrative expenses	18.340 M ^{104.83 %}	8.954 M ^{-48.67 %}	17.444 M ^{275.06 %}	4.651 M ^{-70.46 %}	15.747 M ^{16.94 %}	13.466 M ^{6.64 %}	12.628 M ^{21.25 %}	10.415 M ^{10.04 %}	9.464 M
Interest income	682.000 K	0.000	0.000	0.000 ^{-100.00 %}	2.779 M ^{82.29 %}	1.524 M ^{1 357.34 %}	104.594 K ^{-77.62 %}	467.408 K ^{-13.54 %}	540.592 K
Interest expense	3.586 M ^{97.55 %}	1.815 M ^{-27.38 %}	2.500 M ^{98.82 %}	1.257 M	0.000	0.000	0.000	0.000	0.000
Depreciation and amortization	1.025 M ^{64.30 %}	623.864 K ^{10.59 %}	564.136 K ^{-92.89 %}	7.938 M ^{996.00 %}	724.298 K ^{11.38 %}	650.286 K ^{2.94 %}	631.714 K ^{147.05 %}	255.702 K ^{-56.39 %}	586.298 K
Operating income	12.669 M ^{192.99 %}	4.324 M ^{-37.57 %}	6.926 M ^{762.05 %}	-1.046 M ^{-108.11 %}	12.893 M ^{48.20 %}	8.699 M ^{558.18 %}	1.322 M ^{-5.97 %}	1.406 M ^{-67.16 %}	4.280 M
Operating income ratio	0.12 ^{126.35 %}	0.05 ^{-36.10 %}	0.08 ^{800.71 %}	-0.01 ^{-108.62 %}	0.13 ^{30.54 %}	0.10 ^{417.25 %}	0.02 ^{-34.53 %}	0.03 ^{-59.84 %}	0.08
Total other income expenses net	-1.954 M ^{-11.36 %}	-1.755 M ^{-244.98 %}	-508.632 K ^{66.92 %}	-1.538 M ^{44.67 %}	-2.779 M ^{-230.64 %}	-840.406 K ^{-703.49 %}	-104.594 K ^{73.95 %}	-401.532 K ^{-130.15 %}	-174.468 K
	2025-06-30	2024-12-31	2024-06-30	2023-12-31	2023-06-30	2022-12-31	2022-06-30	2021-12-31	2021-06-30

	2025-06-30	2024-12-31	2024-06-30	2023-12-31	2023-06-30	2022-12-31	2022-06-30	2021-12-31	2021-06-30
Net debt	-6.901 M ^{-29 904.35 %}	-23.000 K ^{-116.03 %}	143.509 K ^{102.65 %}	-5.414 M ^{-288.45 %}	-1.394 M ^{72.94 %}	-5.152 M ^{-3.60 %}	-4.973 M ^{42.14 %}	-8.595 M ^{-147.72 %}	18.011 M
Total investments	181.000 K ^{-17.73 %}	220.000 K ^{42.78 %}	154.087 K ^{-48.29 %}	297.963 K ^{93.82 %}	153.734 K	0.000 ^{-100.00 %}	72.818 K	0.000	0.000
Total debt	4.333 M ^{-31.41 %}	6.317 M ^{54.14 %}	4.098 M ^{-50.12 %}	8.216 M ^{10.48 %}	7.436 M ^{-48.74 %}	14.506 M ^{-14.84 %}	17.034 M ^{0.76 %}	16.905 M ^{-22.50 %}	21.813 M
Accumulated other comprehensive income loss	2.245 M ^{-69.97 %}	7.476 M ^{86.10 %}	4.017 M ^{5.78 %}	3.798 M ^{-88.87 %}	34.107 M ^{724.84 %}	4.135 M ^{-82.07 %}	23.065 M ^{473.61 %}	4.021 M ^{-75.43 %}	16.366 M
Retained earnings	43.782 M ^{39.15 %}	31.465 M ^{-14.81 %}	36.937 M ^{14.83 %}	32.167 M ^{18.98 %}	27.036 M ^{23.63 %}	21.869 M ^{41.10 %}	15.498 M ^{0.87 %}	15.365 M ^{13.50 %}	13.537 M
Common stock	2.508 M ^{1.74 %}	2.465 M ^{0.94 %}	2.442 M ^{0.00 %}	2.442 M ^{1.58 %}	2.404 M ^{0.17 %}	2.400 M ^{0.00 %}	2.400 M ^{0.00 %}	2.400 M ^{50.00 %}	1.600 M
Total equity	81.963 M ^{3.33 %}	79.324 M ^{3.81 %}	76.413 M ^{6.99 %}	71.424 M ^{-1.81 %}	72.741 M ^{8.21 %}	67.223 M ^{9.35 %}	61.474 M ^{2.53 %}	59.956 M ^{174.07 %}	21.876 M
Other non current liabilities	3.849 M ^{234.11 %}	1.152 M ^{-10.42 %}	1.286 M ^{5.32 %}	1.221 M ^{57.77 %}	773.943 K ^{-50.24 %}	1.555 M ^{-11.08 %}	1.749 M ^{-43.24 %}	3.081 M ^{44.04 %}	2.139 M
Long term debt	3.609 M ^{-3.35 %}	3.734 M ^{-1.76 %}	3.801 M ^{-48.46 %}	7.375 M ^{9.19 %}	6.754 M ^{-43.78 %}	12.014 M ^{-7.50 %}	12.988 M ^{-10.35 %}	14.488 M ^{-7.62 %}	15.683 M
Total non current liabilities	7.458 M ^{-2.38 %}	7.640 M ^{-0.80 %}	7.702 M ^{-30.10 %}	11.019 M ^{-5.48 %}	11.658 M ^{-26.06 %}	15.767 M ^{5.35 %}	14.967 M ^{-14.81 %}	17.569 M ^{-8.98 %}	19.304 M
Other current liabilities	5.151 M ^{53.62 %}	3.353 M ^{19.45 %}	2.807 M ^{647.95 %}	-512.271 K ^{-282.21 %}	281.148 K ^{-89.71 %}	2.732 M ^{7.53 %}	2.541 M ^{5.04 %}	2.419 M ^{-25.41 %}	3.243 M
Deferred revenue	0.000 ^{-100.00 %}	361.000 K	0.000 ^{-100.00 %}	2.919 M ^{42.66 %}	2.046 M	0.000	0.000 ^{-100.00 %}	1.423 M ^{-9.75 %}	1.577 M
Short term debt	724.000 K ^{-71.97 %}	2.583 M ^{769.15 %}	297.188 K ^{-64.66 %}	840.827 K ^{161.63 %}	-1.364 M ^{-154.74 %}	2.493 M ^{-38.39 %}	4.046 M ^{67.39 %}	2.417 M ^{-60.57 %}	6.130 M
Total current liabilities	23.361 M ^{41.92 %}	16.461 M ^{-19.41 %}	20.425 M ^{46.17 %}	13.974 M ^{-40.59 %}	23.520 M ^{-27.38 %}	32.390 M ^{32.71 %}	24.406 M ^{76.62 %}	13.818 M ^{-40.04 %}	23.046 M
Total liabilities	30.819 M ^{27.87 %}	24.101 M ^{-14.31 %}	28.127 M ^{12.54 %}	24.993 M ^{-28.95 %}	35.178 M ^{-26.95 %}	48.157 M ^{22.31 %}	39.373 M ^{25.44 %}	31.388 M ^{-25.88 %}	42.350 M
Other non current assets	-1.000 K	0.000	0.000	0.000 ^{-100.00 %}	153.733 K ^{-88.98 %}	1.395 M ^{1 815.97 %}	72.818 K ^{24.95 %}	58.278 K	0.000
Long term investments	181.000 K ^{-17.73 %}	220.000 K ^{42.78 %}	154.087 K ^{-48.29 %}	297.963 K ^{93.82 %}	153.734 K	0.000 ^{-100.00 %}	72.818 K	0.000	0.000
Intangible assets	8.569 M ^{1.90 %}	8.409 M ^{-8.76 %}	9.216 M ^{41.77 %}	6.501 M ^{15.71 %}	5.618 M ^{-59.59 %}	13.901 M ^{2.99 %}	13.497 M ^{4.78 %}	12.882 M ^{255.23 %}	3.626 M
GoodWill	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Goodwill and intangible assets	8.569 M ^{1.90 %}	8.409 M ^{-8.76 %}	9.216 M ^{41.77 %}	6.501 M ^{15.71 %}	5.618 M ^{-59.59 %}	13.901 M ^{2.99 %}	13.497 M ^{4.78 %}	12.882 M ^{255.23 %}	3.626 M
Property plant equipment net	16.460 M ^{-4.59 %}	17.251 M ^{2.13 %}	16.892 M ^{-2.29 %}	17.288 M ^{-36.29 %}	27.137 M ^{60.28 %}	16.931 M ^{-5.17 %}	17.854 M ^{1.61 %}	17.571 M ^{1.38 %}	17.332 M
Total non current assets	25.209 M ^{-2.59 %}	25.880 M ^{-1.45 %}	26.262 M ^{-1.71 %}	26.720 M ^{-18.81 %}	32.909 M ^{2.11 %}	32.228 M ^{2.56 %}	31.424 M ^{2.99 %}	30.511 M ^{45.58 %}	20.958 M
Other current assets	4.421 M ^{449.19 %}	805.000 K ^{-80.29 %}	4.085 M ^{-20.41 %}	5.132 M ^{-41.40 %}	8.759 M ^{14.16 %}	7.672 M ^{78.50 %}	4.298 M ^{9.31 %}	3.932 M ^{6 181.91 %}	62.593 K
Short term investments	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
cash and cash equivalents	11.234 M ^{77.19 %}	6.340 M ^{60.32 %}	3.955 M ^{-70.99 %}	13.630 M ^{54.36 %}	8.830 M ^{-55.08 %}	19.658 M ^{-10.67 %}	22.006 M ^{-13.70 %}	25.499 M ^{570.54 %}	3.803 M
Cash and short term investments	11.234 M ^{77.19 %}	6.340 M ^{60.32 %}	3.955 M ^{-70.99 %}	13.630 M ^{54.36 %}	8.830 M ^{-55.08 %}	19.658 M ^{-10.67 %}	22.006 M ^{-13.70 %}	25.499 M ^{570.54 %}	3.803 M
Total current assets	87.573 M ^{12.93 %}	77.545 M ^{-0.94 %}	78.278 M ^{12.31 %}	69.696 M ^{-7.08 %}	75.010 M ^{-9.79 %}	83.153 M ^{19.78 %}	69.423 M ^{14.12 %}	60.833 M ^{40.60 %}	43.268 M
Inventory	35.337 M ^{-3.67 %}	36.682 M ^{-4.68 %}	38.484 M ^{26.31 %}	30.467 M ^{2.79 %}	29.639 M ^{-12.92 %}	34.036 M ^{59.83 %}	21.295 M ^{12.65 %}	18.904 M ^{-5.73 %}	20.054 M
Net receivables	36.581 M ^{8.49 %}	33.718 M ^{6.18 %}	31.755 M ^{55.15 %}	20.467 M ^{-40.51 %}	34.404 M ^{57.92 %}	21.786 M ^{-16.57 %}	26.114 M ^{108.95 %}	12.498 M ^{-35.41 %}	19.349 M
Tax assets	0.000	0.000	0.000 ^{-100.00 %}	2.633 M ^{1 812.83 %}	-153.734 K	0.000 ^{100.00 %}	-72.818 K	0.000	0.000
Other assets	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Account payables	17.486 M ^{72.04 %}	10.164 M ^{-25.78 %}	13.694 M ^{75.41 %}	7.807 M ^{-58.53 %}	18.825 M ^{-25.42 %}	25.240 M ^{65.29 %}	15.270 M ^{92.80 %}	7.920 M ^{-34.52 %}	12.096 M
Tax payables	0.000	0.000 ^{-100.00 %}	3.627 M ^{24.24 %}	2.919 M ^{73.18 %}	1.686 M ^{-12.44 %}	1.925 M ^{-24.49 %}	2.550 M ^{140.03 %}	1.062 M ^{-32.62 %}	1.577 M
Deferred revenue non current	0.000 ^{-100.00 %}	60.000 K ^{-74.86 %}	238.678 K	0.000 ^{-100.00 %}	1.829 M	0.000	0.000	0.000	0.000
Minority interest	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Capital lease obligations	0.000	0.000	0.000	0.000 ^{100.00 %}	-2.046 M	0.000	0.000	0.000	0.000
Preferred stock	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Other total stockholders equity	33.428 M ^{-11.84 %}	37.918 M ^{14.84 %}	33.017 M ^{0.00 %}	33.017 M ^{2.48 %}	32.218 M ^{-25.00 %}	42.954 M ^{33.67 %}	32.134 M ^{0.00 %}	32.134 M ^{433.80 %}	-9.627 M
Deferred tax liabilities non current	0.000 ^{-100.00 %}	2.694 M ^{13.38 %}	2.376 M ^{-1.93 %}	2.423 M ^{5.29 %}	2.301 M ^{4.67 %}	2.198 M ^{856.87 %}	229.739 K ^{-80.57 %}	1.182 M ^{-20.20 %}	1.481 M
Other liabilities	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Total assets	112.782 M ^{9.05 %}	103.425 M ^{-1.07 %}	104.540 M ^{8.43 %}	96.416 M ^{-10.66 %}	107.919 M ^{-6.47 %}	115.381 M ^{14.41 %}	100.847 M ^{10.40 %}	91.344 M ^{42.22 %}	64.226 M
	2025-06-30	2024-12-31	2024-06-30	2023-12-31	2023-06-30	2022-12-31	2022-06-30	2021-12-31	2021-06-30

	2025-06-30	2024-12-31	2024-06-30	2023-12-31	2023-06-30	2022-12-31	2022-06-30	2021-12-31	2021-06-30
Deferred income tax	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Stock based compensation	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Change in working capital	-7.113 M ^{-239.66 %}	5.093 M ^{127.90 %}	-18.257 M ^{-170.81 %}	25.782 M ^{240.49 %}	-18.352 M ^{-13.80 %}	-16.127 M ^{-250.36 %}	-4.603 M ^{-210.33 %}	4.172 M ^{149.88 %}	-8.364 M
Accounts receivables	-6.439 M ^{-561.87 %}	1.394 M ^{113.61 %}	-10.240 M ^{-171.47 %}	14.327 M ^{236.88 %}	-10.467 M ^{-209.22 %}	-3.385 M ^{65.04 %}	-9.683 M ^{-420.42 %}	3.022 M ^{236.56 %}	-2.213 M
Inventory	1.345 M ^{-25.35 %}	1.802 M ^{122.48 %}	-8.017 M ^{-167.29 %}	11.914 M ^{242.79 %}	-8.344 M ^{34.52 %}	-12.742 M ^{-432.92 %}	-2.391 M ^{-307.91 %}	1.150 M ^{118.70 %}	-6.151 M
Accounts payables	0.000	0.000	0.000	0.000	0.000	0.000 ^{-100.00 %}	7.471 M	0.000	0.000
Other working capital	-2.019 M ^{-206.43 %}	1.897 M	0.000 ^{100.00 %}	-459.000 K ^{-200.00 %}	459.000 K	0.000	0.000	0.000	0.000
Other non cash items	19.603 M ^{482.55 %}	-5.124 M ^{-177.71 %}	6.594 M ^{156.64 %}	-11.643 M ^{-563.98 %}	2.509 M ^{-76.63 %}	10.739 M ^{48.61 %}	7.226 M ^{221.71 %}	-5.937 M ^{-172.04 %}	8.241 M
Net cash provided by operating activities	21.808 M ^{1 038.98 %}	1.915 M ^{131.98 %}	-5.987 M ^{-154.64 %}	10.957 M ^{245.43 %}	-7.534 M ^{-522.55 %}	1.783 M ^{196.80 %}	-1.842 M ^{-128.54 %}	-806.000 K ^{-121.62 %}	3.728 M
Investments in property plant and equipment	-82.000 K ^{83.18 %}	-487.416 K ^{-241.84 %}	-142.584 K ^{61.15 %}	-367.000 K ^{67.98 %}	-1.146 M ^{-36.92 %}	-837.000 K ^{51.34 %}	-1.720 M ^{-91.96 %}	-896.000 K ^{-89.83 %}	-472.000 K
Acquisitions net	0.000	0.000	0.000	0.000	0.000	0.000 ^{-100.00 %}	105.000 K ^{102.57 %}	-4.088 M	0.000
Purchases of investments	0.000	0.000	0.000	0.000	0.000	0.000 ^{100.00 %}	-15.000 K	0.000	0.000
Sales maturities of investments	0.000	0.000	0.000	0.000	0.000	0.000 ^{-100.00 %}	305.000 K	0.000	0.000
Other investing activites	-1.188 M ^{-21.18 %}	-980.388 K ^{-122.00 %}	-441.612 K ^{71.62 %}	-1.556 M ^{-1 555.32 %}	-94.000 K ^{83.54 %}	-571.000 K ^{-87.21 %}	-305.000 K ^{89.42 %}	-2.882 M ^{-1 222.02 %}	-218.000 K
Net cash used for investing activites	-1.270 M ^{13.48 %}	-1.468 M ^{-151.25 %}	-584.196 K ^{69.62 %}	-1.923 M ^{-55.08 %}	-1.240 M ^{11.93 %}	-1.408 M ^{13.62 %}	-1.630 M ^{79.28 %}	-7.866 M ^{-1 040.00 %}	-690.000 K
Debt repayment	-562.000 K	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Common stock issued	426.000 K	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Common stock repurchased	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Dividends paid	-3.452 M	0.000	0.000	0.000	0.000	0.000	0.000	0.000 ^{100.00 %}	-2.800 M
Other financing activites	68.000 K ^{309.09 %}	-32.522 K ^{98.95 %}	-3.103 M ^{16.80 %}	-3.730 M ^{-81.59 %}	-2.054 M ^{24.51 %}	-2.721 M ^{-12 857.14 %}	-21.000 K ^{-100.07 %}	30.368 M ^{2 354.97 %}	1.237 M
Net cash used provided by financing activities	-3.520 M ^{-10 723.44 %}	-32.522 K ^{98.95 %}	-3.103 M ^{16.80 %}	-3.730 M ^{-81.60 %}	-2.054 M ^{24.51 %}	-2.721 M ^{-12 857.14 %}	-21.000 K ^{-100.07 %}	30.368 M ^{2 042.93 %}	-1.563 M
Effect of forex changes on cash	-3.710 M	0.000	0.000	0.000	0.000 ^{100.00 %}	-2.000 K ^{-100.01 %}	25.499 M	0.000	0.000
Net change in cash	4.894 M ^{223.74 %}	-3.955 M ^{18.24 %}	-4.837 M ^{-282.40 %}	2.652 M ^{148.98 %}	-5.414 M ^{-361.16 %}	-1.174 M ^{-106.45 %}	18.203 M ^{67.80 %}	10.848 M ^{1 370.92 %}	737.500 K
Cash at beginning of period	6.340 M ^{60.30 %}	3.955 M ^{-70.98 %}	13.630 M	0.000	0.000	0.000 ^{-100.00 %}	3.803 M ^{0.00 %}	3.803 M	0.000
Cash at end of period	11.234 M	0.000 ^{100.00 %}	-4.837 M ^{-282.40 %}	2.652 M ^{148.98 %}	-5.414 M ^{-361.16 %}	-1.174 M ^{-105.33 %}	22.006 M ^{50.20 %}	14.651 M ^{1 886.58 %}	737.500 K
Operating cash flow	10.904 M ^{469.49 %}	1.915 M ^{131.98 %}	-5.987 M ^{-154.64 %}	10.957 M ^{245.43 %}	-7.534 M ^{-522.55 %}	1.783 M ^{196.80 %}	-1.842 M ^{-128.54 %}	-806.000 K ^{-121.62 %}	3.728 M
Capital expenditure	-82.000 K ^{83.18 %}	-487.416 K ^{-241.84 %}	-142.584 K ^{61.15 %}	-367.000 K ^{67.98 %}	-1.146 M ^{-36.92 %}	-837.000 K ^{51.34 %}	-1.720 M ^{-91.96 %}	-896.000 K ^{-89.83 %}	-472.000 K
Free CashFlow	10.822 M ^{658.22 %}	1.427 M ^{123.29 %}	-6.129 M ^{-157.88 %}	10.590 M ^{222.00 %}	-8.680 M ^{-1 017.55 %}	946.000 K ^{126.56 %}	-3.562 M ^{-109.28 %}	-1.702 M ^{-152.27 %}	3.256 M
	2025	2024	2024	2023	2023	2022	2022	2021	2021

Date	Form 10K
2024
2023
2022
2021
2020
2019

Hove A/S HOVE.CO

Finances

Hove A/S ^HOVE.CO