HOFFMEISTER HOLDING AS

1642 SALTNES

Finances

Return on Equity

30,69 %

Current Ratio

0,02

Debt-to-Equity Ratio

−0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	61 000	22 000	44 000	1 000
Net Income	−197 000	−55 000	−85 000	−173 000
Total Assets	43 000	53 000	87 000	213 000
Total Equity	−642 000	−445 000	−390 000	−305 000

Income (NOK)	2022	2021	2020	2019
Revenue	61 000	22 000	44 000	1 000
Expenditure	255 000	77 000	110 000	159 000
Operating Profit	−194 000	−55 000	−66 000	−158 000
Financial Income	0	0	0	1 000
Financial Costs	3 000	0	19 000	17 000
Financial Balance	−3 000	0	−19 000	−16 000
Earnings Before Tax	−197 000	−55 000	−85 000	−173 000
Tax	0	0	0	0
Net Income	−197 000	−55 000	−85 000	−173 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 000	51 000	87 000	206 000
Total Current Assets	12 000	2 000	0	7 000
Total Assets	43 000	53 000	87 000	213 000
Total Retained Equity	−672 000	−475 000	−420 000	−335 000
Total Equity	−642 000	−445 000	−390 000	−305 000
Total Long-Term Debt	133 000	131 000	191 000	248 000
Total Current Debt	552 000	367 000	286 000	270 000
Total Equity and Debt	43 000	53 000	87 000	213 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	61 000	22 000	38 000	1 000
Other Income	0	0	6 000	0
Revenue	61 000	22 000	44 000	1 000
Cost of Goods Sold	3 000	0	0	10 000
Salary Costs	18 000	0	0	0
Depreciation	50 000	35 000	65 000	65 000
Impairment	0	0	0	0
Expenditure	255 000	77 000	110 000	159 000
Operating Profit	−194 000	−55 000	−66 000	−158 000
Financial Income	0	0	0	1 000
Financial Costs	3 000	0	19 000	17 000
Financial Balance	−3 000	0	−19 000	−16 000
Dividends	0	0	0	0
Net Income	−197 000	−55 000	−85 000	−173 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 000	51 000	87 000	152 000
Total Tangible Assets	2 000	51 000	87 000	152 000
Total Fiancial Fixed Assets	30 000	0	0	54 000
Total Fixed Assets	32 000	51 000	87 000	206 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	2 000	0	3 000
Total Current Assets	12 000	2 000	0	7 000
Total Assets	43 000	53 000	87 000	213 000
Total Equity	−642 000	−445 000	−390 000	−305 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	133 000	131 000	191 000	248 000
Creditors	48 000	31 000	26 000	0
Unpaid Taxes	0	3 000	−1 000	−3 000
Dividends	0	0	0	0
Other Current Debt	504 000	334 000	261 000	273 000
Total Current Debt	552 000	367 000	286 000	270 000
Total Equity and Debt	43 000	53 000	87 000	213 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,69 %	12,36 %	21,79 %	56,72 %
Debt-to-Equity Ratio	−0,21	−0,29	−0,49	−0,81
Operating Profit Margin	−318,03 %	−250 %	−150 %	−15 800 %
Current Ratio	0,02	0,01	0	0,03
Quick Ratio	0,02	0,01	0	0,03
Equity Ratio	−14,93	−8,4	−4,48	−1,43
Gross Profit Margin	95,08 %	100 %	100 %	−900 %