HOFGAARD INVEST LIMITED

0378 OSLO

Finances

Share Ownership

Return on Equity

−2,21 %

Current Ratio

0,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 000	1 693 000	790 000	436 000
Net Income	−194 000	1 841 000	1 079 000	418 000
Total Assets	10 520 000	11 973 000	15 542 000	14 489 000
Total Equity	8 798 000	11 692 000	9 906 000	8 894 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 000	1 693 000	790 000	436 000
Expenditure	281 000	609 000	520 000	554 000
Operating Profit	−257 000	1 084 000	270 000	−117 000
Financial Income	11 000	1 110 000	1 023 000	534 000
Financial Costs	0	143 000	191 000	1 000
Financial Balance	11 000	967 000	832 000	533 000
Earnings Before Tax	−246 000	2 051 000	1 103 000	415 000
Tax	−52 000	210 000	24 000	−3 000
Net Income	−194 000	1 841 000	1 079 000	418 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 414 000	8 907 000	14 325 000	13 251 000
Total Current Assets	106 000	3 066 000	1 217 000	1 238 000
Total Assets	10 520 000	11 973 000	15 542 000	14 489 000
Total Retained Equity	8 798 000	11 692 000	9 906 000	8 894 000
Total Equity	8 798 000	11 692 000	9 906 000	8 894 000
Total Long-Term Debt	0	13 000	5 515 000	5 507 000
Total Current Debt	1 722 000	268 000	120 000	88 000
Total Equity and Debt	10 520 000	11 973 000	15 542 000	14 489 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 000	193 000	520 000	160 000
Other Income	0	1 500 000	270 000	275 000
Revenue	25 000	1 693 000	790 000	436 000
Cost of Goods Sold	0	17 000	180 000	103 000
Salary Costs	0	17 000	11 000	181 000
Depreciation	95 000	80 000	77 000	77 000
Impairment	0	0	0	0
Expenditure	281 000	609 000	520 000	554 000
Operating Profit	−257 000	1 084 000	270 000	−117 000
Financial Income	11 000	1 110 000	1 023 000	534 000
Financial Costs	0	143 000	191 000	1 000
Financial Balance	11 000	967 000	832 000	533 000
Dividends	0	0	0	0
Net Income	−194 000	1 841 000	1 079 000	418 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	39 000	0	0	0
Real Eastate	0	0	6 500 000	6 500 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	103 000	367 000	383 000	460 000
Total Tangible Assets	103 000	367 000	6 883 000	6 960 000
Total Fiancial Fixed Assets	10 271 000	8 540 000	7 442 000	6 292 000
Total Fixed Assets	10 414 000	8 907 000	14 325 000	13 251 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	106 000	2 250 000	393 000	402 000
Total Current Assets	106 000	3 066 000	1 217 000	1 238 000
Total Assets	10 520 000	11 973 000	15 542 000	14 489 000
Total Equity	8 798 000	11 692 000	9 906 000	8 894 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	13 000	5 515 000	5 507 000
Creditors	0	13 000	3 000	9 000
Unpaid Taxes	0	0	0	17 000
Dividends	0	0	0	0
Other Current Debt	1 722 000	42 000	102 000	62 000
Total Current Debt	1 722 000	268 000	120 000	88 000
Total Equity and Debt	10 520 000	11 973 000	15 542 000	14 489 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,21 %	15,75 %	10,89 %	4,7 %
Debt-to-Equity Ratio	0	0	0,56	0,62
Operating Profit Margin	−1 028 %	64,03 %	34,18 %	−26,83 %
Current Ratio	0,06	11,44	10,14	14,07
Quick Ratio	0,06	11,44	10,14	14,07
Equity Ratio	0,84	0,98	0,64	0,61
Gross Profit Margin	100 %	99 %	77,22 %	76,38 %