Hove AS (HOVE) — Defensive Interval Ratio
Hove AS (HOVE) has a Defensive Interval Ratio of 624 days as of December 2025. Defensive assets of Dkr35.50 Million (cash Dkr-, short-term investments Dkr-, receivables Dkr35.50 Million) cover 624 days of daily cash needs of Dkr56.85K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Hove AS Defensive Interval Ratio (2019–2025)
This chart shows how Hove AS's Defensive Interval Ratio has evolved across 7 annual periods from 2019 to 2025. As of December 2025, the ratio stands at 624 days, meaning defensive assets of Dkr35.50 Million can fund 624 days of operations without new revenue. For the complete balance sheet picture, see Hove AS balance sheet assets.
Annual Defensive Interval Ratio for Hove AS (2019–2025)
The table below presents the year-by-year Defensive Interval Ratio for Hove AS from 2019 to 2025, covering 7 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Hove AS (HOVE) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (DKK) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 624 days | Dkr35.50 Million | Dkr56.85K/day | Dkr- | Dkr- | ▼ -123 days |
| 2024 | 748 days | Dkr33.72 Million | Dkr45.10K/day | Dkr- | Dkr- | ▲ +79 days |
| 2023 | 669 days | Dkr25.60 Million | Dkr38.28K/day | Dkr- | Dkr- | ▲ +423 days |
| 2022 | 246 days | Dkr21.79 Million | Dkr88.74K/day | Dkr- | Dkr- | ▼ -188 days |
| 2021 | 433 days | Dkr16.40 Million | Dkr37.86K/day | Dkr- | Dkr- | ▼ -39 days |
| 2020 | 473 days | Dkr18.58 Million | Dkr39.30K/day | Dkr- | Dkr1.26 Million | ▲ +215 days |
| 2019 | 257 days | Dkr12.78 Million | Dkr49.68K/day | Dkr- | Dkr1.54 Million | — |