HOFF HANDEL AS

7044 TRONDHEIM

Finances

Return on Equity

132,55 %

Current Ratio

2,76

Debt-to-Equity Ratio

12,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	85 379 000	77 192 000	75 736 000	75 737 000
Net Income	80 244 000	14 775 000	9 390 000	−38 587 000
Total Assets	862 718 000	806 675 000	835 334 000	843 486 000
Total Equity	60 538 000	10 144 000	1 221 000	−8 169 000

Income (NOK)	2022	2021	2020	2019
Revenue	85 379 000	77 192 000	75 736 000	75 737 000
Expenditure	39 658 000	38 196 000	37 840 000	35 351 000
Operating Profit	45 720 000	38 995 000	37 897 000	40 386 000
Financial Income	71 222 000	1 920 000	2 273 000	5 679 000
Financial Costs	33 111 000	23 617 000	28 132 000	95 504 000
Financial Balance	38 111 000	−21 697 000	−25 859 000	−89 825 000
Earnings Before Tax	83 832 000	17 299 000	12 038 000	−49 439 000
Tax	3 588 000	2 524 000	2 649 000	−10 853 000
Net Income	80 244 000	14 775 000	9 390 000	−38 587 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	770 031 000	791 354 000	806 188 000	835 732 000
Total Current Assets	92 687 000	15 321 000	29 146 000	7 754 000
Total Assets	862 718 000	806 675 000	835 334 000	843 486 000
Total Retained Equity	59 149 000	8 755 000	−168 000	−9 558 000
Total Equity	60 538 000	10 144 000	1 221 000	−8 169 000
Total Long-Term Debt	768 554 000	786 041 000	814 442 000	826 806 000
Total Current Debt	33 626 000	10 490 000	19 671 000	24 849 000
Total Equity and Debt	862 718 000	806 675 000	835 334 000	843 486 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	85 379 000	77 192 000	75 736 000	75 737 000
Revenue	85 379 000	77 192 000	75 736 000	75 737 000
Cost of Goods Sold	0	0	0	18 000
Salary Costs	1 993 000	1 924 000	1 783 000	1 848 000
Depreciation	25 489 000	25 050 000	24 178 000	23 545 000
Impairment	0	0	0	0
Expenditure	39 658 000	38 196 000	37 840 000	35 351 000
Operating Profit	45 720 000	38 995 000	37 897 000	40 386 000
Financial Income	71 222 000	1 920 000	2 273 000	5 679 000
Financial Costs	33 111 000	23 617 000	28 132 000	95 504 000
Financial Balance	38 111 000	−21 697 000	−25 859 000	−89 825 000
Dividends	20 000 000	0	0	0
Net Income	80 244 000	14 775 000	9 390 000	−38 587 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	687 413 000	702 083 000	724 321 000	737 324 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	95 000	198 000	355 000	471 000
Total Tangible Assets	687 508 000	702 281 000	724 676 000	737 795 000
Total Fiancial Fixed Assets	82 523 000	89 072 000	81 512 000	97 937 000
Total Fixed Assets	770 031 000	791 354 000	806 188 000	835 732 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	59 906 000	5 255 000	18 403 000	2 942 000
Total Current Assets	92 687 000	15 321 000	29 146 000	7 754 000
Total Assets	862 718 000	806 675 000	835 334 000	843 486 000
Total Equity	60 538 000	10 144 000	1 221 000	−8 169 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	768 554 000	786 041 000	814 442 000	826 806 000
Creditors	1 523 000	1 527 000	4 673 000	1 063 000
Unpaid Taxes	1 066 000	1 086 000	1 046 000	427 000
Dividends	20 000 000	0	0	0
Other Current Debt	31 038 000	7 876 000	13 953 000	23 359 000
Total Current Debt	33 626 000	10 490 000	19 671 000	24 849 000
Total Equity and Debt	862 718 000	806 675 000	835 334 000	843 486 000

Financial indicators	2022	2021	2020	2019
Return on Equity	132,55 %	145,65 %	769,04 %	472,36 %
Debt-to-Equity Ratio	12,7	77,49	667,03	−101,21
Operating Profit Margin	53,55 %	50,52 %	50,04 %	53,32 %
Current Ratio	2,76	1,46	1,48	0,31
Quick Ratio	2,76	1,46	1,48	0,31
Equity Ratio	0,07	0,01	0	−0,01
Gross Profit Margin	100 %	100 %	100 %	99,98 %