Hovden, UAB - financials and debts

Company age: 15 y. 4 mo.

Update

Hovden - Company finances

EUR
2018
From: 2018-01-01
To: 2018-12-31
2019
From: 2019-01-01
To: 2019-12-31
2020
From: 2020-01-01
To: 2020-12-31
2021
From: 2021-01-01
To: 2021-12-31
2022
From: 2022-01-01
To: 2022-12-31
2023
From: 2023-01-01
To: 2023-12-31
2024
From: 2024-01-01
To: 2024-12-31
2025
From: 2025-01-01
To: 2025-12-31
Financial data
Sales revenue 9,664,342 8,677,219 8,962,522 9,602,150 9,744,798 8,473,397 7,696,851 9,930,762
Profit before tax 111,304 52,214 32,108 69,400 10,004 104,606 -84,015 80,842
Net profit 110,930 42,023 24,820 65,967 9,989 104,616 -83,892 81,208
Equity 488,549 530,573 555,393 621,360 631,349 735,964 652,072 433,280
Liabilities 3,241,373 2,932,142 3,327,377 2,967,587 2,902,260 2,559,417 2,914,040 2,536,771
Non-current assets 1,965,666 2,039,272 1,791,207 1,681,910 1,563,843 1,583,212 1,458,792 392,289
Current assets 1,592,181 1,287,668 2,046,224 1,853,197 1,937,852 1,687,309 2,160,208 2,640,595
Total assets 3,557,847 3,326,940 3,837,431 3,535,107 3,501,695 3,270,521 3,619,000 3,032,884
Taxes paid
STI taxes - - - - - 186,803 295,849 494,446
Social insurance contributions - - - - - 597,771 616,296 812,691
Financial indicators
Revenue change y/y +24.1% -10.2% +3.3% +7.1% +1.5% -13.0% -9.2% +29.0%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 3.1% 1.3% 0.6% 1.9% 0.3% 3.2% -2.3% 2.7%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 22.7% 7.9% 4.5% 10.6% 1.6% 14.2% -12.9% 18.7%
Profit margin Net profit margin. Shows the overall profitability of the company. 1.1% 0.5% 0.3% 0.7% 0.1% 1.2% -1.1% 0.8%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 1.2% 0.6% 0.4% 0.7% 0.1% 1.2% -1.1% 0.8%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 6.6 5.5 6.0 4.8 4.6 3.5 4.5 5.9
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. 62,150 52,536 56,845 60,233 56,247 56,239 55,109 61,682

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

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Hovden - Social security debts

From To Debt, €
2026-07-26 2026-08-03 36.06
2026-07-16 2026-07-17 4072.03
2024-03-18 2024-04-11 0.02
2022-05-17 2022-05-19 3.73
2021-11-16 2021-11-17 1.52

Hovden - VMI tax arrears

From To Overdue, €
2025-07-12 2025-07-20 0.07
2025-07-11 2025-07-11 300646.3
2025-07-08 2025-07-10 300403.3
2025-07-06 2025-07-07 300160.3
2025-07-05 2025-07-05 300079.21
2025-07-04 2025-07-04 300078.88
2025-06-28 2025-07-03 299998.0

VMI debt information has been collected since 2024-10-07. Debts for older periods will not be displayed.

Analysis of the company's financial position

This description was generated by artificial intelligence. Report if inaccurate.
Hovden, UAB (code 302624115) is a Private Limited Liability Company engaged in furniture manufacturing. In 2025, the company generated EUR 9.93 million in revenue, up 29.0% year on year and 17.2% above the 2023 level. Profitability remained modest, with net profit of EUR 81.2 thousand and a net profit margin of 0.8%. The 2-3 year trend shows a dip in 2024, when revenue fell to EUR 7.70 million and the company recorded a net loss of EUR 83.9 thousand, followed by a return to profit in 2025. In 2023, revenue was EUR 8.47 million and net profit EUR 104.6 thousand. At the end of 2025, total assets stood at EUR 3.03 million, equity at EUR 433.3 thousand, and liabilities at EUR 2.54 million. The company’s asset turnover was 3.27x, ROA was 2.7%, and ROE was 18.7%, while debt-to-equity was 5.85. Revenue per employee was EUR 61.7 thousand, indicating a relatively strong sales base, although profit per employee remained limited at EUR 504.