HOFFSJEF UTVIKLING AS

0381 OSLO

Finances

Share Ownership

Return on Equity

60,46 %

Current Ratio

1,18

Debt-to-Equity Ratio

−3,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	190 000	300 000	225 000
Net Income	−2 213 000	−306 000	−435 000	−447 000
Total Assets	54 261 000	21 862 000	19 066 000	18 651 000
Total Equity	−3 660 000	−1 447 000	−1 141 000	−706 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	190 000	300 000	225 000
Expenditure	719 000	128 000	193 000	230 000
Operating Profit	−719 000	62 000	107 000	−5 000
Financial Income	0	0	0	3 000
Financial Costs	1 494 000	368 000	543 000	445 000
Financial Balance	−1 494 000	−368 000	−543 000	−442 000
Earnings Before Tax	−2 213 000	−306 000	−435 000	−447 000
Tax	0	0	0	0
Net Income	−2 213 000	−306 000	−435 000	−447 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	100 000	18 000 000	19 057 000	18 521 000
Total Current Assets	54 161 000	3 862 000	9 000	130 000
Total Assets	54 261 000	21 862 000	19 066 000	18 651 000
Total Retained Equity	−3 690 000	0	0	0
Total Equity	−3 660 000	−1 447 000	−1 141 000	−706 000
Total Long-Term Debt	12 000 000	12 000 000	12 000 000	12 000 000
Total Current Debt	45 921 000	11 309 000	8 207 000	7 357 000
Total Equity and Debt	54 261 000	21 862 000	19 066 000	18 651 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	190 000	300 000	225 000
Revenue	0	190 000	300 000	225 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	719 000	128 000	193 000	230 000
Operating Profit	−719 000	62 000	107 000	−5 000
Financial Income	0	0	0	3 000
Financial Costs	1 494 000	368 000	543 000	445 000
Financial Balance	−1 494 000	−368 000	−543 000	−442 000
Dividends	0	0	0	0
Net Income	−2 213 000	−306 000	−435 000	−447 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	18 000 000	19 057 000	18 521 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	18 000 000	19 057 000	18 521 000
Total Fiancial Fixed Assets	100 000	0	0	0
Total Fixed Assets	100 000	18 000 000	19 057 000	18 521 000
Stock	54 131 000	3 749 000	0	0
Total Investments	0	0	0	0
Cash, Bank	30 000	13 000	9 000	130 000
Total Current Assets	54 161 000	3 862 000	9 000	130 000
Total Assets	54 261 000	21 862 000	19 066 000	18 651 000
Total Equity	−3 660 000	−1 447 000	−1 141 000	−706 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 000 000	12 000 000	12 000 000	12 000 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	17 057 000	11 309 000	8 207 000	7 357 000
Total Current Debt	45 921 000	11 309 000	8 207 000	7 357 000
Total Equity and Debt	54 261 000	21 862 000	19 066 000	18 651 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,46 %	21,15 %	38,12 %	63,31 %
Debt-to-Equity Ratio	−3,28	−8,29	−10,52	−17
Operating Profit Margin	-	32,63 %	35,67 %	−2,22 %
Current Ratio	1,18	0,34	0	0,02
Quick Ratio	−6,6	0,51	0	0,02
Equity Ratio	−0,07	−0,07	−0,06	−0,04
Gross Profit Margin	-	100 %	100 %	100 %