HOFSTAD BYGGUTVIKLING AS

7031 TRONDHEIM

Finances

Return on Equity

54,73 %

Current Ratio

0,92

Debt-to-Equity Ratio

2,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	99 526 000	0	0	0
Net Income	4 167 000	1 774 000	7 490 000	2 773 000
Total Assets	48 267 000	10 196 000	12 140 000	6 433 000
Total Equity	7 614 000	4 063 000	2 289 000	1 799 000

Income (NOK)	2022	2021	2020	2019
Revenue	99 526 000	0	0	0
Expenditure	93 611 000	45 000	46 000	28 000
Operating Profit	5 914 000	−45 000	−46 000	−28 000
Financial Income	2 000	1 901 000	7 619 000	2 833 000
Financial Costs	487 000	76 000	82 000	32 000
Financial Balance	−485 000	1 825 000	7 537 000	2 801 000
Earnings Before Tax	5 429 000	1 781 000	7 490 000	2 773 000
Tax	1 262 000	7 000	0	0
Net Income	4 167 000	1 774 000	7 490 000	2 773 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 162 000	360 000	410 000	380 000
Total Current Assets	21 106 000	9 836 000	11 730 000	6 053 000
Total Assets	48 267 000	10 196 000	12 140 000	6 433 000
Total Retained Equity	7 514 000	3 963 000	2 189 000	1 699 000
Total Equity	7 614 000	4 063 000	2 289 000	1 799 000
Total Long-Term Debt	17 758 000	3 624 000	1 535 000	2 834 000
Total Current Debt	22 896 000	2 508 000	8 316 000	1 800 000
Total Equity and Debt	48 267 000	10 196 000	12 140 000	6 433 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	98 962 000	0	0	0
Other Income	564 000	0	0	0
Revenue	99 526 000	0	0	0
Cost of Goods Sold	46 577 000	0	0	0
Salary Costs	34 178 000	0	0	0
Depreciation	939 000	0	0	0
Impairment	0	0	0	0
Expenditure	93 611 000	45 000	46 000	28 000
Operating Profit	5 914 000	−45 000	−46 000	−28 000
Financial Income	2 000	1 901 000	7 619 000	2 833 000
Financial Costs	487 000	76 000	82 000	32 000
Financial Balance	−485 000	1 825 000	7 537 000	2 801 000
Dividends	0	0	7 000 000	1 800 000
Net Income	4 167 000	1 774 000	7 490 000	2 773 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	120 000	0	0	0
Total Intangible Assets	120 000	0	0	0
Real Eastate	24 688 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 070 000	0	0	0
Total Tangible Assets	26 758 000	0	0	0
Total Fiancial Fixed Assets	284 000	360 000	410 000	380 000
Total Fixed Assets	27 162 000	360 000	410 000	380 000
Stock	124 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 926 000	126 000	6 000	39 000
Total Current Assets	21 106 000	9 836 000	11 730 000	6 053 000
Total Assets	48 267 000	10 196 000	12 140 000	6 433 000
Total Equity	7 614 000	4 063 000	2 289 000	1 799 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 758 000	3 624 000	1 535 000	2 834 000
Creditors	5 904 000	0	8 000	0
Unpaid Taxes	4 914 000	0	0	0
Dividends	0	0	7 000 000	1 800 000
Other Current Debt	4 039 000	2 502 000	1 308 000	0
Total Current Debt	22 896 000	2 508 000	8 316 000	1 800 000
Total Equity and Debt	48 267 000	10 196 000	12 140 000	6 433 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,73 %	43,66 %	327,22 %	154,14 %
Debt-to-Equity Ratio	2,33	0,89	0,67	1,58
Operating Profit Margin	5,94 %	-	-	-
Current Ratio	0,92	3,92	1,41	3,36
Quick Ratio	0,93	3,92	1,41	3,36
Equity Ratio	0,16	0,4	0,19	0,28
Gross Profit Margin	53,2 %	-	-	-