HOFFCO AS

0580 OSLO

Finances

Share Ownership

Return on Equity

3,72 %

Current Ratio

12,57

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	605 000	669 000	689 000	893 000
Net Income	120 000	185 000	280 000	425 000
Total Assets	3 506 000	3 445 000	3 363 000	3 056 000
Total Equity	3 228 000	3 108 000	2 923 000	2 643 000

Income (NOK)	2022	2021	2020	2019
Revenue	605 000	669 000	689 000	893 000
Expenditure	467 000	451 000	442 000	451 000
Operating Profit	139 000	219 000	248 000	442 000
Financial Income	54 000	103 000	98 000	96 000
Financial Costs	43 000	66 000	0	0
Financial Balance	11 000	37 000	98 000	96 000
Earnings Before Tax	150 000	256 000	345 000	538 000
Tax	30 000	71 000	65 000	113 000
Net Income	120 000	185 000	280 000	425 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	11 000	0	0
Total Current Assets	3 506 000	3 433 000	3 363 000	3 056 000
Total Assets	3 506 000	3 445 000	3 363 000	3 056 000
Total Retained Equity	3 198 000	3 078 000	2 893 000	2 613 000
Total Equity	3 228 000	3 108 000	2 923 000	2 643 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	279 000	337 000	440 000	414 000
Total Equity and Debt	3 506 000	3 445 000	3 363 000	3 056 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	605 000	669 000	689 000	893 000
Other Income	0	0	0	0
Revenue	605 000	669 000	689 000	893 000
Cost of Goods Sold	0	0	0	0
Salary Costs	361 000	343 000	351 000	289 000
Depreciation	11 000	5 000	0	0
Impairment	0	0	0	0
Expenditure	467 000	451 000	442 000	451 000
Operating Profit	139 000	219 000	248 000	442 000
Financial Income	54 000	103 000	98 000	96 000
Financial Costs	43 000	66 000	0	0
Financial Balance	11 000	37 000	98 000	96 000
Dividends	0	0	0	0
Net Income	120 000	185 000	280 000	425 000

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	0	0	0	0
Fixtures	0	11 000	0	0
Total Tangible Assets	0	11 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	11 000	0	0
Stock	0	0	0	0
Total Investments	0	3 196 000	3 208 000	2 786 000
Cash, Bank	3 369 000	238 000	155 000	217 000
Total Current Assets	3 506 000	3 433 000	3 363 000	3 056 000
Total Assets	3 506 000	3 445 000	3 363 000	3 056 000
Total Equity	3 228 000	3 108 000	2 923 000	2 643 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	220 000	235 000	275 000	274 000
Dividends	0	0	0	0
Other Current Debt	29 000	31 000	101 000	27 000
Total Current Debt	279 000	337 000	440 000	414 000
Total Equity and Debt	3 506 000	3 445 000	3 363 000	3 056 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,72 %	5,95 %	9,58 %	16,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	22,98 %	32,74 %	35,99 %	49,5 %
Current Ratio	12,57	10,19	7,64	7,38
Quick Ratio	12,57	10,19	7,64	7,38
Equity Ratio	0,92	0,9	0,87	0,86
Gross Profit Margin	100 %	100 %	100 %	100 %