HOFFSBORG AS

0275 OSLO

Finances

Return on Equity

16,56 %

Current Ratio

0,24

Debt-to-Equity Ratio

11,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 106 000	26 887 000	26 001 000	25 767 000
Net Income	2 981 000	7 918 000	6 461 000	4 623 000
Total Assets	228 323 000	242 451 000	261 749 000	269 931 000
Total Equity	18 000 000	17 552 000	17 122 000	47 090 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 106 000	26 887 000	26 001 000	25 767 000
Expenditure	14 560 000	11 790 000	11 043 000	12 403 000
Operating Profit	11 546 000	15 096 000	14 958 000	13 363 000
Financial Income	762 000	1 747 000	785 000	421 000
Financial Costs	8 503 000	6 952 000	7 511 000	7 856 000
Financial Balance	−7 741 000	−5 205 000	−6 726 000	−7 435 000
Earnings Before Tax	3 805 000	9 891 000	8 232 000	5 927 000
Tax	824 000	1 973 000	1 771 000	1 304 000
Net Income	2 981 000	7 918 000	6 461 000	4 623 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	225 870 000	235 292 000	217 130 000	220 864 000
Total Current Assets	2 452 000	7 159 000	44 619 000	49 066 000
Total Assets	228 323 000	242 451 000	261 749 000	269 931 000
Total Retained Equity	1 019 000	572 000	141 000	99 000
Total Equity	18 000 000	17 552 000	17 122 000	47 090 000
Total Long-Term Debt	200 118 000	207 817 000	209 077 000	212 763 000
Total Current Debt	10 205 000	17 082 000	35 550 000	10 077 000
Total Equity and Debt	228 323 000	242 451 000	261 749 000	269 931 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	26 106 000	26 887 000	26 001 000	25 767 000
Revenue	26 106 000	26 887 000	26 001 000	25 767 000
Cost of Goods Sold	4 663 000	4 276 000	3 387 000	3 871 000
Salary Costs	0	0	0	0
Depreciation	2 649 000	3 874 000	4 006 000	3 995 000
Impairment	0	0	0	0
Expenditure	14 560 000	11 790 000	11 043 000	12 403 000
Operating Profit	11 546 000	15 096 000	14 958 000	13 363 000
Financial Income	762 000	1 747 000	785 000	421 000
Financial Costs	8 503 000	6 952 000	7 511 000	7 856 000
Financial Balance	−7 741 000	−5 205 000	−6 726 000	−7 435 000
Dividends	0	0	0	0
Net Income	2 981 000	7 918 000	6 461 000	4 623 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 811 000	1 921 000	1 782 000	1 667 000
Real Eastate	88 042 000	91 117 000	94 906 000	98 798 000
Machinery and Plant Facilities	1 479 000	155 000	152 000	140 000
Fixtures	0	0	0	0
Total Tangible Assets	89 935 000	91 686 000	95 472 000	99 321 000
Total Fiancial Fixed Assets	134 124 000	141 685 000	119 876 000	119 876 000
Total Fixed Assets	225 870 000	235 292 000	217 130 000	220 864 000
Stock	0	0	0	0
Total Investments	0	6 431 000	20 231 000	20 035 000
Cash, Bank	1 915 000	205 000	2 696 000	28 690 000
Total Current Assets	2 452 000	7 159 000	44 619 000	49 066 000
Total Assets	228 323 000	242 451 000	261 749 000	269 931 000
Total Equity	18 000 000	17 552 000	17 122 000	47 090 000
Short-Term Group Debt	2 563 000	4 363 000	24 010 000	0
Total Long-Term Debt	200 118 000	207 817 000	209 077 000	212 763 000
Creditors	1 348 000	328 000	585 000	1 326 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 295 000	12 391 000	10 880 000	8 658 000
Total Current Debt	10 205 000	17 082 000	35 550 000	10 077 000
Total Equity and Debt	228 323 000	242 451 000	261 749 000	269 931 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,56 %	45,11 %	37,74 %	9,82 %
Debt-to-Equity Ratio	11,12	11,84	12,21	4,52
Operating Profit Margin	44,23 %	56,15 %	57,53 %	51,86 %
Current Ratio	0,24	0,42	1,26	4,87
Quick Ratio	0,24	0,42	1,26	4,87
Equity Ratio	0,08	0,07	0,07	0,17
Gross Profit Margin	82,14 %	84,1 %	86,97 %	84,98 %