HOFF SNEKKERVERKSTED AS

2003 LILLESTRØM

Finances

Share Ownership

Return on Equity

51,75 %

Current Ratio

1,64

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	44 882 000	51 683 000	40 231 000	46 499 000
Net Income	4 495 000	5 662 000	3 522 000	5 168 000
Total Assets	21 010 000	25 355 000	16 528 000	19 539 000
Total Equity	8 686 000	6 691 000	10 191 000	8 669 000

Income (NOK)	2022	2021	2020	2019
Revenue	44 882 000	51 683 000	40 231 000	46 499 000
Expenditure	39 067 000	44 370 000	35 616 000	39 835 000
Operating Profit	5 815 000	7 313 000	4 615 000	6 663 000
Financial Income	35 000	5 000	21 000	42 000
Financial Costs	80 000	56 000	106 000	65 000
Financial Balance	−45 000	−51 000	−85 000	−23 000
Earnings Before Tax	5 771 000	7 262 000	4 530 000	6 640 000
Tax	1 276 000	1 600 000	1 008 000	1 472 000
Net Income	4 495 000	5 662 000	3 522 000	5 168 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 268 000	2 048 000	1 846 000	2 367 000
Total Current Assets	18 741 000	23 307 000	14 682 000	17 172 000
Total Assets	21 010 000	25 355 000	16 528 000	19 539 000
Total Retained Equity	7 686 000	5 691 000	9 191 000	7 669 000
Total Equity	8 686 000	6 691 000	10 191 000	8 669 000
Total Long-Term Debt	899 000	1 292 000	422 000	475 000
Total Current Debt	11 424 000	17 371 000	5 915 000	10 395 000
Total Equity and Debt	21 010 000	25 355 000	16 528 000	19 539 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 882 000	51 603 000	40 064 000	46 409 000
Other Income	0	81 000	167 000	89 000
Revenue	44 882 000	51 683 000	40 231 000	46 499 000
Cost of Goods Sold	24 368 000	28 381 000	18 050 000	24 938 000
Salary Costs	11 623 000	11 086 000	11 060 000	10 404 000
Depreciation	576 000	670 000	603 000	656 000
Impairment	0	0	0	0
Expenditure	39 067 000	44 370 000	35 616 000	39 835 000
Operating Profit	5 815 000	7 313 000	4 615 000	6 663 000
Financial Income	35 000	5 000	21 000	42 000
Financial Costs	80 000	56 000	106 000	65 000
Financial Balance	−45 000	−51 000	−85 000	−23 000
Dividends	2 500 000	5 662 000	0	0
Net Income	4 495 000	5 662 000	3 522 000	5 168 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	44 000	0	11 000	7 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	322 000	569 000	826 000	1 083 000
Fixtures	1 902 000	1 479 000	957 000	1 215 000
Total Tangible Assets	2 224 000	2 048 000	1 783 000	2 298 000
Total Fiancial Fixed Assets	0	0	52 000	62 000
Total Fixed Assets	2 268 000	2 048 000	1 846 000	2 367 000
Stock	626 000	524 000	276 000	325 000
Total Investments	0	0	0	0
Cash, Bank	9 585 000	11 516 000	6 507 000	5 480 000
Total Current Assets	18 741 000	23 307 000	14 682 000	17 172 000
Total Assets	21 010 000	25 355 000	16 528 000	19 539 000
Total Equity	8 686 000	6 691 000	10 191 000	8 669 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	899 000	1 292 000	422 000	475 000
Creditors	2 919 000	2 005 000	1 412 000	1 147 000
Unpaid Taxes	2 271 000	2 866 000	1 648 000	2 261 000
Dividends	2 500 000	5 662 000	0	0
Other Current Debt	4 739 000	11 085 000	1 843 000	5 511 000
Total Current Debt	11 424 000	17 371 000	5 915 000	10 395 000
Total Equity and Debt	21 010 000	25 355 000	16 528 000	19 539 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,75 %	84,62 %	34,56 %	59,61 %
Debt-to-Equity Ratio	0,1	0,19	0,04	0,05
Operating Profit Margin	12,96 %	14,15 %	11,47 %	14,33 %
Current Ratio	1,64	1,34	2,48	1,65
Quick Ratio	1,74	1,38	2,6	1,71
Equity Ratio	0,41	0,26	0,62	0,44
Gross Profit Margin	45,71 %	45,09 %	55,13 %	46,37 %