HOFMANN RENOTEC AS

3060 SVELVIK

Finances

Share Ownership

Return on Equity

−21,62 %

Current Ratio

0,5

Debt-to-Equity Ratio

−0,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 786 000	11 909 000	10 980 000	17 680 000
Net Income	187 000	365 000	−2 420 000	−324 000
Total Assets	1 516 000	2 080 000	2 930 000	4 183 000
Total Equity	−865 000	−1 052 000	−1 417 000	1 003 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 786 000	11 909 000	10 980 000	17 680 000
Expenditure	7 501 000	11 406 000	13 320 000	17 965 000
Operating Profit	285 000	502 000	−2 340 000	−285 000
Financial Income	0	0	32 000	37 000
Financial Costs	98 000	138 000	112 000	77 000
Financial Balance	−98 000	−138 000	−80 000	−40 000
Earnings Before Tax	187 000	365 000	−2 420 000	−324 000
Tax	0	0	0	0
Net Income	187 000	365 000	−2 420 000	−324 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	689 000	925 000	1 521 000	1 296 000
Total Current Assets	827 000	1 155 000	1 409 000	2 887 000
Total Assets	1 516 000	2 080 000	2 930 000	4 183 000
Total Retained Equity	−970 000	−1 157 000	−1 522 000	898 000
Total Equity	−865 000	−1 052 000	−1 417 000	1 003 000
Total Long-Term Debt	717 000	1 208 000	1 878 000	565 000
Total Current Debt	1 664 000	1 925 000	2 469 000	2 615 000
Total Equity and Debt	1 516 000	2 080 000	2 930 000	4 183 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 707 000	11 704 000	10 855 000	14 705 000
Other Income	79 000	205 000	124 000	2 975 000
Revenue	7 786 000	11 909 000	10 980 000	17 680 000
Cost of Goods Sold	792 000	233 000	1 945 000	3 681 000
Salary Costs	4 193 000	6 603 000	6 903 000	8 473 000
Depreciation	328 000	513 000	537 000	658 000
Impairment	0	0	0	0
Expenditure	7 501 000	11 406 000	13 320 000	17 965 000
Operating Profit	285 000	502 000	−2 340 000	−285 000
Financial Income	0	0	32 000	37 000
Financial Costs	98 000	138 000	112 000	77 000
Financial Balance	−98 000	−138 000	−80 000	−40 000
Dividends	0	0	0	0
Net Income	187 000	365 000	−2 420 000	−324 000

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	661 000	925 000	0	0
Fixtures	29 000	0	1 494 000	1 258 000
Total Tangible Assets	689 000	925 000	1 494 000	1 258 000
Total Fiancial Fixed Assets	0	0	27 000	38 000
Total Fixed Assets	689 000	925 000	1 521 000	1 296 000
Stock	0	0	205 000	1 687 000
Total Investments	0	0	0	0
Cash, Bank	1 000	488 000	219 000	392 000
Total Current Assets	827 000	1 155 000	1 409 000	2 887 000
Total Assets	1 516 000	2 080 000	2 930 000	4 183 000
Total Equity	−865 000	−1 052 000	−1 417 000	1 003 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	717 000	1 208 000	1 878 000	565 000
Creditors	510 000	373 000	468 000	588 000
Unpaid Taxes	364 000	517 000	790 000	538 000
Dividends	0	0	0	0
Other Current Debt	673 000	1 035 000	1 210 000	1 489 000
Total Current Debt	1 664 000	1 925 000	2 469 000	2 615 000
Total Equity and Debt	1 516 000	2 080 000	2 930 000	4 183 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−21,62 %	−34,7 %	170,78 %	−32,3 %
Debt-to-Equity Ratio	−0,83	−1,15	−1,33	0,56
Operating Profit Margin	3,66 %	4,22 %	−21,31 %	−1,61 %
Current Ratio	0,5	0,6	0,57	1,1
Quick Ratio	0,5	0,6	0,62	3,11
Equity Ratio	−0,57	−0,51	−0,48	0,24
Gross Profit Margin	89,83 %	98,04 %	82,29 %	79,18 %