HOFSETH EIGEDOM AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

2,56 %

Current Ratio

21,65

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 410 000	1 356 000	1 351 000	1 299 000
Net Income	163 000	749 000	696 000	646 000
Total Assets	8 277 000	8 775 000	8 508 000	8 894 000
Total Equity	6 359 000	6 195 000	5 446 000	4 750 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 410 000	1 356 000	1 351 000	1 299 000
Expenditure	1 149 000	328 000	366 000	310 000
Operating Profit	261 000	1 028 000	986 000	989 000
Financial Income	40 000	9 000	12 000	2 000
Financial Costs	91 000	76 000	106 000	163 000
Financial Balance	−51 000	−67 000	−94 000	−161 000
Earnings Before Tax	209 000	961 000	892 000	828 000
Tax	46 000	211 000	196 000	182 000
Net Income	163 000	749 000	696 000	646 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 437 000	6 685 000	6 934 000	7 184 000
Total Current Assets	1 840 000	2 090 000	1 575 000	1 710 000
Total Assets	8 277 000	8 775 000	8 508 000	8 894 000
Total Retained Equity	6 033 000	5 870 000	5 120 000	4 425 000
Total Equity	6 359 000	6 195 000	5 446 000	4 750 000
Total Long-Term Debt	1 833 000	2 333 000	2 833 000	3 333 000
Total Current Debt	85 000	247 000	229 000	811 000
Total Equity and Debt	8 277 000	8 775 000	8 508 000	8 894 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 000	0	29 000	0
Other Income	1 400 000	1 356 000	1 322 000	1 299 000
Revenue	1 410 000	1 356 000	1 351 000	1 299 000
Cost of Goods Sold	0	0	0	0
Salary Costs	10 000	10 000	0	0
Depreciation	268 000	268 000	268 000	268 000
Impairment	0	0	0	0
Expenditure	1 149 000	328 000	366 000	310 000
Operating Profit	261 000	1 028 000	986 000	989 000
Financial Income	40 000	9 000	12 000	2 000
Financial Costs	91 000	76 000	106 000	163 000
Financial Balance	−51 000	−67 000	−94 000	−161 000
Dividends	0	0	0	600 000
Net Income	163 000	749 000	696 000	646 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	152 000	132 000	113 000	95 000
Real Eastate	6 285 000	6 553 000	6 821 000	7 089 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 285 000	6 553 000	6 821 000	7 089 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 437 000	6 685 000	6 934 000	7 184 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 823 000	2 076 000	1 551 000	1 696 000
Total Current Assets	1 840 000	2 090 000	1 575 000	1 710 000
Total Assets	8 277 000	8 775 000	8 508 000	8 894 000
Total Equity	6 359 000	6 195 000	5 446 000	4 750 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 833 000	2 333 000	2 833 000	3 333 000
Creditors	11 000	9 000	8 000	6 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	600 000
Other Current Debt	8 000	8 000	8 000	8 000
Total Current Debt	85 000	247 000	229 000	811 000
Total Equity and Debt	8 277 000	8 775 000	8 508 000	8 894 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,56 %	12,09 %	12,78 %	13,6 %
Debt-to-Equity Ratio	0,29	0,38	0,52	0,7
Operating Profit Margin	18,51 %	75,81 %	72,98 %	76,14 %
Current Ratio	21,65	8,46	6,88	2,11
Quick Ratio	21,65	8,46	6,88	2,11
Equity Ratio	0,77	0,71	0,64	0,53
Gross Profit Margin	100 %	100 %	100 %	100 %