HOFSETH SALES AS

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

32 %

Current Ratio

0,96

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020
Revenue	4 871 566 000	3 720 232 000	575 458 000
Net Income	4 228 000	1 211 000	1 107 000
Total Assets	1 818 051 000	1 514 918 000	944 002 000
Total Equity	13 211 000	10 213 000	10 213 000

Income (NOK)	2022	2021	2020
Revenue	4 871 566 000	3 720 232 000	575 458 000
Expenditure	4 836 126 000	3 702 854 000	576 696 000
Operating Profit	35 439 000	17 379 000	−1 238 000
Financial Income	9 797 000	1 677 000	7 079 000
Financial Costs	39 816 000	17 503 000	4 424 000
Financial Balance	−30 019 000	−15 826 000	2 655 000
Earnings Before Tax	5 421 000	1 552 000	1 417 000
Tax	1 193 000	341 000	311 000
Net Income	4 228 000	1 211 000	1 107 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	78 854 000	0	0
Total Current Assets	1 739 198 000	1 514 918 000	944 002 000
Total Assets	1 818 051 000	1 514 918 000	944 002 000
Total Retained Equity	3 211 000	213 000	213 000
Total Equity	13 211 000	10 213 000	10 213 000
Total Long-Term Debt	846 000	0	0
Total Current Debt	1 803 994 000	1 504 705 000	933 788 000
Total Equity and Debt	1 818 051 000	1 514 918 000	944 002 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 871 566 000	3 720 232 000	575 458 000
Other Income	0	0	0
Revenue	4 871 566 000	3 720 232 000	575 458 000
Cost of Goods Sold	4 558 406 000	3 503 385 000	559 518 000
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	4 836 126 000	3 702 854 000	576 696 000
Operating Profit	35 439 000	17 379 000	−1 238 000
Financial Income	9 797 000	1 677 000	7 079 000
Financial Costs	39 816 000	17 503 000	4 424 000
Financial Balance	−30 019 000	−15 826 000	2 655 000
Dividends	0	0	0
Net Income	4 228 000	1 211 000	1 107 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	78 854 000	0	0
Total Fixed Assets	78 854 000	0	0
Stock	169 276 000	166 417 000	229 064 000
Total Investments	0	0	0
Cash, Bank	2 897 000	36 462 000	325 000
Total Current Assets	1 739 198 000	1 514 918 000	944 002 000
Total Assets	1 818 051 000	1 514 918 000	944 002 000
Total Equity	13 211 000	10 213 000	10 213 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	846 000	0	0
Creditors	1 246 907 000	1 050 965 000	716 420 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	11 415 000	91 075 000	1 138 000
Total Current Debt	1 803 994 000	1 504 705 000	933 788 000
Total Equity and Debt	1 818 051 000	1 514 918 000	944 002 000

Financial indicators	2022	2021	2020
Return on Equity	32 %	11,86 %	10,84 %
Debt-to-Equity Ratio	0,06	0	0
Operating Profit Margin	0,73 %	0,47 %	−0,22 %
Current Ratio	0,96	1,01	1,01
Quick Ratio	1,06	1,13	1,34
Equity Ratio	0,01	0,01	0,01
Gross Profit Margin	6,43 %	5,83 %	2,77 %