HOFFMEISTER AS

7224 MELHUS

Finances

Share Ownership

Return on Equity

29,91 %

Current Ratio

1,94

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 572 000	5 315 000	2 328 000	411 000
Net Income	350 000	368 000	317 000	104 000
Total Assets	2 952 000	1 520 000	1 001 000	160 000
Total Equity	1 170 000	820 000	451 000	72 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 572 000	5 315 000	2 328 000	411 000
Expenditure	7 061 000	4 814 000	1 917 000	281 000
Operating Profit	511 000	501 000	412 000	131 000
Financial Income	0	0	0	0
Financial Costs	57 000	22 000	5 000	1 000
Financial Balance	−57 000	−22 000	−5 000	−1 000
Earnings Before Tax	454 000	479 000	406 000	130 000
Tax	104 000	111 000	89 000	26 000
Net Income	350 000	368 000	317 000	104 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	398 000	538 000	37 000	61 000
Total Current Assets	2 554 000	982 000	964 000	99 000
Total Assets	2 952 000	1 520 000	1 001 000	160 000
Total Retained Equity	1 140 000	790 000	421 000	42 000
Total Equity	1 170 000	820 000	451 000	72 000
Total Long-Term Debt	464 000	550 000	1 000	0
Total Current Debt	1 318 000	150 000	549 000	87 000
Total Equity and Debt	2 952 000	1 520 000	1 001 000	160 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 509 000	5 166 000	2 280 000	212 000
Other Income	64 000	148 000	49 000	199 000
Revenue	7 572 000	5 315 000	2 328 000	411 000
Cost of Goods Sold	6 294 000	4 272 000	1 706 000	235 000
Salary Costs	68 000	5 000	0	0
Depreciation	158 000	122 000	3 000	0
Impairment	0	0	0	0
Expenditure	7 061 000	4 814 000	1 917 000	281 000
Operating Profit	511 000	501 000	412 000	131 000
Financial Income	0	0	0	0
Financial Costs	57 000	22 000	5 000	1 000
Financial Balance	−57 000	−22 000	−5 000	−1 000
Dividends	0	0	0	61 000
Net Income	350 000	368 000	317 000	104 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	380 000	538 000	37 000	0
Total Tangible Assets	380 000	538 000	37 000	0
Total Fiancial Fixed Assets	9 000	0	0	61 000
Total Fixed Assets	398 000	538 000	37 000	61 000
Stock	1 605 000	631 000	666 000	0
Total Investments	0	0	0	0
Cash, Bank	498 000	206 000	212 000	92 000
Total Current Assets	2 554 000	982 000	964 000	99 000
Total Assets	2 952 000	1 520 000	1 001 000	160 000
Total Equity	1 170 000	820 000	451 000	72 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	464 000	550 000	1 000	0
Creditors	465 000	0	186 000	0
Unpaid Taxes	−84 000	0	−6 000	0
Dividends	0	0	0	61 000
Other Current Debt	826 000	41 000	280 000	61 000
Total Current Debt	1 318 000	150 000	549 000	87 000
Total Equity and Debt	2 952 000	1 520 000	1 001 000	160 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,91 %	44,88 %	70,29 %	144,44 %
Debt-to-Equity Ratio	0,4	0,67	0	0
Operating Profit Margin	6,75 %	9,43 %	17,7 %	31,87 %
Current Ratio	1,94	6,55	1,76	1,14
Quick Ratio	−8,9	−2,04	−8,24	1,14
Equity Ratio	0,4	0,54	0,45	0,45
Gross Profit Margin	16,88 %	19,62 %	26,72 %	42,82 %