Hove AS (HOVE) - Total Assets
Based on the latest financial reports, Hove AS (HOVE) holds total assets worth Dkr115.30 Million DKK (≈ $18.04 Million USD) as of December 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. Check Hove AS total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Hove AS - Total Assets Trend (2019–2025)
This chart illustrates how Hove AS's total assets have evolved over time, based on quarterly financial data. Check Hove AS (HOVE) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
Hove AS - Asset Composition Analysis
Current Asset Composition (December 2025)
Hove AS's total assets of Dkr115.30 Million consist of 73.1% current assets and 26.9% non-current assets.
| Asset Category | Amount (DKK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Dkr0.00 | 1.9% |
| Accounts Receivable | Dkr35.50 Million | 30.8% |
| Inventory | Dkr44.89 Million | 38.9% |
| Property, Plant & Equipment | Dkr0.00 | 0.0% |
| Intangible Assets | Dkr8.39 Million | 7.3% |
| Goodwill | Dkr0.00 | 0.0% |
Asset Composition Trend (2019–2025)
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. For live market cap, price, and company overview, see Hove AS (HOVE) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hove AS's current assets represent 73.1% of total assets in 2025, an increase from 64.4% in 2019.
- Cash Position: Cash and equivalents constituted 1.9% of total assets in 2025, down from 3.2% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, an increase from 0.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 38.9% 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 |
|---|---|---|
|
Linde plc Ordinary Shares
NASDAQ:LIN
|
USA | $86.82 Billion |
|
Zhongfu Shenying Carbon Fiber Co. Ltd. A
SHG:688295
|
China | CN¥10.25 Billion |
|
Ningbo Shanshan Co Ltd
SHG:600884
|
China | CN¥45.88 Billion |
|
Incitec Pivot Ltd
AU:IPL
|
Australia | AU$8.40 Billion |
|
Shandong Dongyue Organosilicon Mat
SHE:300821
|
China | CN¥6.27 Billion |
|
Huaibei Mining Holdings Co Ltd
SHG:600985
|
China | CN¥89.26 Billion |
|
Zhejiang Transfar Co Ltd
SHE:002010
|
China | CN¥38.45 Billion |
|
Aarti Industries Limited
NSE:AARTIIND
|
India | Rs132.99 Billion |
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 | 4.71 | 1.88 |
| Quick Ratio | 1.90 | 2.48 | 1.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Dkr63.51 Million | Dkr61.08 Million | Dkr20.22 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 | 1.76 |
| Latest Market Cap to Assets Ratio | 0.19 |
| Asset Growth Rate (YoY) | 11.5% |
| Total Assets | Dkr115.30 Million |
| Market Capitalization | $22.15 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hove AS's assets below their book value (0.19x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Hove AS's assets grew by 11.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Hove AS (2019–2025)
The table below shows the annual total assets of Hove AS from 2019 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | Dkr115.30 Million ≈ $18.04 Million |
+11.49% |
| 2024-12-31 | Dkr103.42 Million ≈ $16.18 Million |
+7.27% |
| 2023-12-31 | Dkr96.42 Million ≈ $15.09 Million |
-16.44% |
| 2022-12-31 | Dkr115.38 Million ≈ $18.05 Million |
+26.31% |
| 2021-12-31 | Dkr91.34 Million ≈ $14.29 Million |
+67.88% |
| 2020-12-31 | Dkr54.41 Million ≈ $8.51 Million |
+20.08% |
| 2019-12-31 | Dkr45.31 Million ≈ $7.09 Million |
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About Hove AS
Hove A/S develops, produces, and supplies advanced lubrication solutions for heavy machinery in Denmark and internationally. The company 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 lu… Read more