Hove AS

Hove AS

HOVE · CO · Basic Materials / Specialty Chemicals

6.74DKK-0.36 (-5.07%)

Price History

Full chart

Market Stats

Previous Close7.10
Open7.10
Day Range6.50 – 7.32
52-Week Range4.09 – 7.24
Volume279.72K
Market Cap174.96M
P/E (TTM)8.54
Forward P/E0.00
EPS0.81
Dividend Yield2.30%
Beta0.91
50-Day Avg6.56
200-Day Avg5.99

About

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 lubrication systems; HOVE REFILLER V2 to fast-fill reservoirs on central lubrication systems with a minimum risk of contamination; and HOVE pre-filled grease cartridges. It also distributes dosing, delivery, and radial piston pumps. It serves wind, mining, and port industries. The company was founded in 2000 and is headquartered in Glostrup, Denmark.

Company Details

  • SectorBasic Materials
  • IndustrySpecialty Chemicals
  • CEOMr. Hans Christian Hansen
  • Employees58
  • HeadquartersHerstedOestervej 7, Glostrup, Denmark, 2600, Denmark
  • Websitehttps://www.hove-as.dk

Leadership

  • Mr. Hans Christian HansenChief Executive Officer
  • Mr. Bent FaurskovChief Financial Officer
  • Mr. Thomas Alexander KjeldbaekChief Operating Officer
  • Mr. Thomas CramerChief Commercial Officer
  • Mr. Jesper BregendahlDirector

Financials

Income Statement

Currency: DKK2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue100.63M102.96M103.19M151.52M186.96M169.33M209.45M
Growth (%)-+2.32%+0.22%+46.84%+23.39%-9.43%+23.70%
Cost of Revenue80.53M76.26M76.78M114.12M136.36M140.66M136.75M
Gross Profit20.10M26.70M26.41M37.40M50.61M28.68M72.70M
Gross Margin19.98%25.93%25.59%24.68%27.07%16.93%34.71%
Operating Expense16.36M17.82M20.72M27.37M38.82M17.61M52.52M
Operating Income3.75M8.88M5.69M10.03M11.79M11.07M20.18M
Operating Margin3.72%8.62%5.51%6.62%6.31%6.54%9.63%
EBITDA4.56M9.93M6.96M12.21M11.16M11.04M21.28M
EBITDA Margin4.53%9.64%6.75%8.06%5.97%6.52%10.16%
Net Income2.27M5.73M3.97M7.12M3.58M5.66M13.64M
Net Income Margin2.25%5.57%3.85%4.70%1.91%3.34%6.51%
R&D---261.22K164.61K1.81M959.00K
R&D as % of Total Revenue---0.17%0.09%1.07%0.46%
Interest Expense836.00K1.36M1.01M1.96M2.44M860.00K665.00K
Interest Expense % of Total Revenue0.83%1.32%0.98%1.29%1.31%0.51%0.32%

Balance Sheet

Currency: DKK2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets45.31M54.41M91.34M115.38M96.42M103.42M115.30M
Total Liabilities29.28M33.40M31.39M48.16M24.99M24.10M28.14M
Total Equity16.03M21.02M59.96M67.22M71.42M79.32M87.16M
Cash1.46M2.33M25.50M19.66M13.63M6.34M2.16M
Total Debt16.74M19.99M16.90M14.51M8.22M6.32M6.57M
Net Debt15.28M17.66M-8.59M-5.15M-5.41M-23.00K4.41M

Cash Flow

Currency: DKK2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow8.53M2.19M2.92M-60.00K3.37M-4.07M6.74M
Investing Cash Flow2.50M-2.43M-8.56M-3.04M-3.16M-2.05M-7.42M
Financing Cash Flow-10.85M1.11M28.80M-2.74M-6.24M-3.14M-3.71M
Capital Expenditure253.00K2.54M4.41M3.14M3.51M630.00K6.51M
Free Cash Flow8.28M-350.00K-1.49M-3.20M-90.00K-4.70M233.00K
Dividends Paid500.00K2.14M2.80M---3.45M
FCF to OCF97.03%-15.99%-50.92%5330.00%-2.67%115.47%3.46%
Dividend Paid to FCF6.04%-611.43%-188.17%---1481.55%

Earnings

Report DateSep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026
EPS Estimate----
EPS Actual0.200.010.390.22
Surprise----
Timing----

Key Statistics & Ratios

Market Cap174.96M
Enterprise Value179.88M
Trailing P/E8.54
Forward P/E0.00
Price / Sales0.70
Price / Book1.80
EPS0.81
Book Value3.82
Revenue (TTM)251.27M
Gross Profit (TTM)66.86M
EBITDA28.34M
Profit Margin8.21%
Operating Margin8.80%
Return on Equity23.11%
Return on Assets13.27%
Shares Outstanding25.28M
Shares Float22.82M
Beta0.91
Dividend Yield2.30%
Dividend Rate0.14
Payout Ratio30.64%

Dividends

20261×
0.25Apr 24, 2026
20251×
0.28Apr 25, 2025