HOFFCON INTERNATIONAL AS

7030 TRONDHEIM

Finances

Return on Equity

−9,33 %

Current Ratio

1,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 000	72 000	165 000	748 000
Net Income	−2 611 000	3 185 000	8 471 000	2 477 000
Total Assets	31 229 000	36 769 000	35 590 000	27 185 000
Total Equity	27 989 000	33 600 000	33 415 000	26 945 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 000	72 000	165 000	748 000
Expenditure	1 616 000	1 131 000	1 067 000	419 000
Operating Profit	−1 593 000	−1 059 000	−902 000	329 000
Financial Income	6 424 000	7 343 000	10 207 000	3 457 000
Financial Costs	7 442 000	3 111 000	960 000	1 198 000
Financial Balance	−1 018 000	4 232 000	9 247 000	2 259 000
Earnings Before Tax	−2 611 000	3 173 000	8 345 000	2 587 000
Tax	0	−12 000	−125 000	111 000
Net Income	−2 611 000	3 185 000	8 471 000	2 477 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 549 000	32 490 000	31 826 000	21 787 000
Total Current Assets	4 681 000	4 279 000	3 764 000	5 398 000
Total Assets	31 229 000	36 769 000	35 590 000	27 185 000
Total Retained Equity	27 889 000	33 500 000	33 315 000	26 845 000
Total Equity	27 989 000	33 600 000	33 415 000	26 945 000
Total Long-Term Debt	0	0	12 000	0
Total Current Debt	3 241 000	3 169 000	2 163 000	240 000
Total Equity and Debt	31 229 000	36 769 000	35 590 000	27 185 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 000	72 000	165 000	748 000
Other Income	0	0	0	0
Revenue	24 000	72 000	165 000	748 000
Cost of Goods Sold	0	0	0	8 000
Salary Costs	1 243 000	790 000	807 000	181 000
Depreciation	177 000	177 000	118 000	0
Impairment	0	0	0	0
Expenditure	1 616 000	1 131 000	1 067 000	419 000
Operating Profit	−1 593 000	−1 059 000	−902 000	329 000
Financial Income	6 424 000	7 343 000	10 207 000	3 457 000
Financial Costs	7 442 000	3 111 000	960 000	1 198 000
Financial Balance	−1 018 000	4 232 000	9 247 000	2 259 000
Dividends	3 000 000	3 000 000	2 000 000	0
Net Income	−2 611 000	3 185 000	8 471 000	2 477 000

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	413 000	590 000	767 000	0
Total Tangible Assets	413 000	590 000	767 000	0
Total Fiancial Fixed Assets	26 135 000	31 899 000	31 059 000	21 787 000
Total Fixed Assets	26 549 000	32 490 000	31 826 000	21 787 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 951 000	4 279 000	3 550 000	4 989 000
Total Current Assets	4 681 000	4 279 000	3 764 000	5 398 000
Total Assets	31 229 000	36 769 000	35 590 000	27 185 000
Total Equity	27 989 000	33 600 000	33 415 000	26 945 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	12 000	0
Creditors	1 000	1 000	0	7 000
Unpaid Taxes	84 000	53 000	45 000	103 000
Dividends	3 000 000	3 000 000	2 000 000	0
Other Current Debt	155 000	115 000	118 000	19 000
Total Current Debt	3 241 000	3 169 000	2 163 000	240 000
Total Equity and Debt	31 229 000	36 769 000	35 590 000	27 185 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,33 %	9,48 %	25,35 %	9,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−6 637,5 %	−1 470,83 %	−546,67 %	43,98 %
Current Ratio	1,44	1,35	1,74	22,49
Quick Ratio	1,44	1,35	1,74	22,49
Equity Ratio	0,9	0,91	0,94	0,99
Gross Profit Margin	100 %	100 %	100 %	98,93 %