DANIEL HOFFSBAKKEN AS

2160 VORMSUND

Finances

Share Ownership

Return on Equity

49,51 %

Current Ratio

1,57

Debt-to-Equity Ratio

0,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 696 000	1 278 000	517 000	580 000
Net Income	153 000	116 000	22 000	−174 000
Total Assets	952 000	761 000	168 000	150 000
Total Equity	309 000	156 000	40 000	17 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 696 000	1 278 000	517 000	580 000
Expenditure	2 475 000	1 155 000	490 000	752 000
Operating Profit	221 000	124 000	26 000	−172 000
Financial Income	0	0	0	0
Financial Costs	25 000	6 000	4 000	4 000
Financial Balance	−25 000	−6 000	−4 000	−4 000
Earnings Before Tax	196 000	118 000	22 000	−176 000
Tax	43 000	2 000	0	−2 000
Net Income	153 000	116 000	22 000	−174 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	405 000	49 000	89 000	119 000
Total Current Assets	547 000	712 000	79 000	31 000
Total Assets	952 000	761 000	168 000	150 000
Total Retained Equity	279 000	126 000	10 000	−13 000
Total Equity	309 000	156 000	40 000	17 000
Total Long-Term Debt	295 000	250 000	0	0
Total Current Debt	348 000	356 000	128 000	133 000
Total Equity and Debt	952 000	761 000	168 000	150 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 696 000	1 277 000	517 000	580 000
Other Income	0	2 000	0	0
Revenue	2 696 000	1 278 000	517 000	580 000
Cost of Goods Sold	52 000	138 000	42 000	2 000
Salary Costs	1 293 000	438 000	35 000	387 000
Depreciation	82 000	40 000	39 000	34 000
Impairment	0	0	0	0
Expenditure	2 475 000	1 155 000	490 000	752 000
Operating Profit	221 000	124 000	26 000	−172 000
Financial Income	0	0	0	0
Financial Costs	25 000	6 000	4 000	4 000
Financial Balance	−25 000	−6 000	−4 000	−4 000
Dividends	0	0	0	0
Net Income	153 000	116 000	22 000	−174 000

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	87 000	24 000	49 000	75 000
Fixtures	259 000	25 000	39 000	45 000
Total Tangible Assets	346 000	49 000	89 000	119 000
Total Fiancial Fixed Assets	58 000	0	0	0
Total Fixed Assets	405 000	49 000	89 000	119 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	66 000	392 000	78 000	31 000
Total Current Assets	547 000	712 000	79 000	31 000
Total Assets	952 000	761 000	168 000	150 000
Total Equity	309 000	156 000	40 000	17 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	295 000	250 000	0	0
Creditors	−57 000	78 000	35 000	30 000
Unpaid Taxes	198 000	161 000	18 000	29 000
Dividends	0	0	0	0
Other Current Debt	165 000	115 000	74 000	74 000
Total Current Debt	348 000	356 000	128 000	133 000
Total Equity and Debt	952 000	761 000	168 000	150 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,51 %	74,36 %	55 %	−1 023,53 %
Debt-to-Equity Ratio	0,95	1,6	0	0
Operating Profit Margin	8,2 %	9,7 %	5,03 %	−29,66 %
Current Ratio	1,57	2	0,62	0,23
Quick Ratio	1,57	2	0,62	0,23
Equity Ratio	0,32	0,2	0,24	0,11
Gross Profit Margin	98,07 %	89,2 %	91,88 %	99,66 %