Hove AS
Hove A/S develops, produces, and supplies advanced lubrication solutions for heavy machinery in Denmark and inetrnationally. It offers Hove Smart Lube, a field-proven digital solution for traceability and maintaining control of lubrication; Hove Carry, a portable lubrication pump for port cranes; EASY GREASE V5 and EASY GREASE V4 lubrication pumps; Hove ONE pump for direct and central lubrication… Read more
Hove AS (HOVE) - Total Assets
Latest total assets as of September 2025: Dkr116.67 Million DKK
Based on the latest financial reports, Hove AS (HOVE) holds total assets worth Dkr116.67 Million DKK as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Hove AS - Total Assets Trend (2019–2024)
This chart illustrates how Hove AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hove AS - Asset Composition Analysis
Current Asset Composition (December 2024)
Hove AS's total assets of Dkr116.67 Million consist of 75.0% current assets and 25.0% non-current assets.
| Asset Category | Amount (DKK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Dkr0.00 | 6.1% |
| Accounts Receivable | Dkr33.72 Million | 32.6% |
| Inventory | Dkr36.68 Million | 35.5% |
| Property, Plant & Equipment | Dkr0.00 | 0.0% |
| Intangible Assets | Dkr8.41 Million | 8.1% |
| Goodwill | Dkr0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Hove AS's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hove AS's current assets represent 75.0% of total assets in 2024, an increase from 64.4% in 2019.
- Cash Position: Cash and equivalents constituted 6.1% of total assets in 2024, up from 3.2% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, an increase from 0.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 35.5% of total assets.
Hove AS Competitors by Total Assets
Key competitors of Hove AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Akzo Nobel N.V
OTCQX:AKZOF
|
USA | $13.95 Billion |
|
YeSUN Tech Co.Ltd.
KQ:250930
|
Korea | ₩51.65 Billion |
|
Hangzhou Flariant Co Ltd
SHG:605566
|
China | CN¥2.55 Billion |
|
Samhwa Paint
KO:000390
|
Korea | ₩617.09 Billion |
|
DL Holdings CO. LTD.
KO:000210
|
Korea | ₩12.05 Trillion |
|
Norooholdings
KO:000320
|
Korea | ₩1.26 Trillion |
|
Noroo Holdings Co Ltd
KO:000325
|
Korea | ₩1.26 Trillion |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
China | CN¥1.65 Billion |
Hove AS - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Hove AS generates 1.64x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Hove AS generates $5.47 in net profit.
Hove AS - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 4.06 | 3.83 | 1.88 |
| Quick Ratio | 2.31 | 1.95 | 1.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Dkr68.98 Million | Dkr 57.85 Million | Dkr 20.22 Million |
Hove AS - Advanced Valuation Insights
This section examines the relationship between Hove AS's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.73 |
| Latest Market Cap to Assets Ratio | 0.16 |
| Asset Growth Rate (YoY) | 7.3% |
| Total Assets | Dkr103.42 Million |
| Market Capitalization | $16.64 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hove AS's assets below their book value (0.16 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Hove AS's assets grew by 7.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Hove AS (2019–2024)
The table below shows the annual total assets of Hove AS from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Dkr103.42 Million | +7.27% |
| 2023-12-31 | Dkr96.42 Million | -16.44% |
| 2022-12-31 | Dkr115.38 Million | +26.31% |
| 2021-12-31 | Dkr91.34 Million | +67.88% |
| 2020-12-31 | Dkr54.41 Million | +20.08% |
| 2019-12-31 | Dkr45.31 Million | -- |