BRØDRENE HOFSTAD AS

7514 STJØRDAL

Finances

Share Ownership

Return on Equity

68,53 %

Current Ratio

1,54

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	47 859 000	48 010 000	40 123 000	34 571 000
Net Income	4 732 000	2 384 000	1 940 000	1 008 000
Total Assets	16 402 000	13 806 000	12 069 000	11 361 000
Total Equity	6 905 000	4 665 000	3 513 000	3 067 000

Income (NOK)	2022	2021	2020	2019
Revenue	47 859 000	48 010 000	40 123 000	34 571 000
Expenditure	41 775 000	44 914 000	37 598 000	33 200 000
Operating Profit	6 084 000	3 097 000	2 526 000	1 372 000
Financial Income	5 000	2 000	76 000	72 000
Financial Costs	20 000	42 000	113 000	149 000
Financial Balance	−15 000	−40 000	−37 000	−77 000
Earnings Before Tax	6 068 000	3 058 000	2 489 000	1 294 000
Tax	1 336 000	674 000	549 000	286 000
Net Income	4 732 000	2 384 000	1 940 000	1 008 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 429 000	1 387 000	564 000	833 000
Total Current Assets	13 973 000	12 419 000	11 505 000	10 528 000
Total Assets	16 402 000	13 806 000	12 069 000	11 361 000
Total Retained Equity	6 805 000	4 565 000	3 413 000	2 967 000
Total Equity	6 905 000	4 665 000	3 513 000	3 067 000
Total Long-Term Debt	395 000	334 000	429 000	2 800 000
Total Current Debt	9 102 000	8 807 000	8 127 000	5 494 000
Total Equity and Debt	16 402 000	13 806 000	12 069 000	11 361 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	47 787 000	47 847 000	40 101 000	34 420 000
Other Income	72 000	163 000	21 000	151 000
Revenue	47 859 000	48 010 000	40 123 000	34 571 000
Cost of Goods Sold	23 525 000	26 968 000	22 023 000	18 349 000
Salary Costs	13 469 000	13 195 000	11 766 000	11 645 000
Depreciation	311 000	230 000	169 000	214 000
Impairment	0	0	0	0
Expenditure	41 775 000	44 914 000	37 598 000	33 200 000
Operating Profit	6 084 000	3 097 000	2 526 000	1 372 000
Financial Income	5 000	2 000	76 000	72 000
Financial Costs	20 000	42 000	113 000	149 000
Financial Balance	−15 000	−40 000	−37 000	−77 000
Dividends	0	0	0	0
Net Income	4 732 000	2 384 000	1 940 000	1 008 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	55 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	331 000	203 000	222 000	273 000
Fixtures	1 748 000	1 184 000	342 000	506 000
Total Tangible Assets	2 079 000	1 387 000	564 000	778 000
Total Fiancial Fixed Assets	350 000	0	0	0
Total Fixed Assets	2 429 000	1 387 000	564 000	833 000
Stock	1 020 000	758 000	318 000	281 000
Total Investments	0	0	0	0
Cash, Bank	3 478 000	2 212 000	4 315 000	2 883 000
Total Current Assets	13 973 000	12 419 000	11 505 000	10 528 000
Total Assets	16 402 000	13 806 000	12 069 000	11 361 000
Total Equity	6 905 000	4 665 000	3 513 000	3 067 000
Short-Term Group Debt	2 500 000	1 250 000	1 520 000	600 000
Total Long-Term Debt	395 000	334 000	429 000	2 800 000
Creditors	1 956 000	2 826 000	3 212 000	1 539 000
Unpaid Taxes	1 425 000	1 649 000	1 511 000	1 460 000
Dividends	0	0	0	0
Other Current Debt	2 008 000	2 098 000	1 845 000	1 746 000
Total Current Debt	9 102 000	8 807 000	8 127 000	5 494 000
Total Equity and Debt	16 402 000	13 806 000	12 069 000	11 361 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,53 %	51,1 %	55,22 %	32,87 %
Debt-to-Equity Ratio	0,06	0,07	0,12	0,91
Operating Profit Margin	12,71 %	6,45 %	6,3 %	3,97 %
Current Ratio	1,54	1,41	1,42	1,92
Quick Ratio	1,73	1,54	1,47	2,02
Equity Ratio	0,42	0,34	0,29	0,27
Gross Profit Margin	50,85 %	43,83 %	45,11 %	46,92 %