GUTHORM HOFF AS

2750 GRAN

Finances

Share Ownership

Return on Equity

19,67 %

Current Ratio

2,86

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 223 000	17 108 000	17 255 000	16 245 000
Net Income	2 869 000	2 010 000	1 241 000	−1 151 000
Total Assets	23 775 000	21 008 000	18 787 000	18 164 000
Total Equity	14 585 000	11 715 000	9 705 000	8 465 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 223 000	17 108 000	17 255 000	16 245 000
Expenditure	18 354 000	14 376 000	15 435 000	17 525 000
Operating Profit	3 870 000	2 732 000	1 821 000	−1 280 000
Financial Income	36 000	41 000	40 000	43 000
Financial Costs	221 000	193 000	271 000	232 000
Financial Balance	−185 000	−152 000	−231 000	−189 000
Earnings Before Tax	3 684 000	2 579 000	1 590 000	−1 470 000
Tax	815 000	569 000	350 000	−318 000
Net Income	2 869 000	2 010 000	1 241 000	−1 151 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 580 000	11 507 000	12 406 000	12 578 000
Total Current Assets	12 195 000	9 501 000	6 382 000	5 586 000
Total Assets	23 775 000	21 008 000	18 787 000	18 164 000
Total Retained Equity	14 485 000	11 615 000	9 605 000	8 365 000
Total Equity	14 585 000	11 715 000	9 705 000	8 465 000
Total Long-Term Debt	4 929 000	6 174 000	6 610 000	6 724 000
Total Current Debt	4 262 000	3 118 000	2 472 000	2 975 000
Total Equity and Debt	23 775 000	21 008 000	18 787 000	18 164 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 962 000	17 108 000	17 022 000	16 230 000
Other Income	261 000	0	234 000	16 000
Revenue	22 223 000	17 108 000	17 255 000	16 245 000
Cost of Goods Sold	5 159 000	3 947 000	4 740 000	4 657 000
Salary Costs	8 269 000	6 232 000	6 371 000	7 488 000
Depreciation	1 517 000	1 513 000	1 666 000	1 513 000
Impairment	0	0	0	0
Expenditure	18 354 000	14 376 000	15 435 000	17 525 000
Operating Profit	3 870 000	2 732 000	1 821 000	−1 280 000
Financial Income	36 000	41 000	40 000	43 000
Financial Costs	221 000	193 000	271 000	232 000
Financial Balance	−185 000	−152 000	−231 000	−189 000
Dividends	0	0	0	0
Net Income	2 869 000	2 010 000	1 241 000	−1 151 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 205 000	2 205 000	2 205 000	2 205 000
Machinery and Plant Facilities	6 041 000	6 464 000	7 605 000	6 924 000
Fixtures	3 333 000	2 837 000	2 595 000	3 449 000
Total Tangible Assets	11 580 000	11 507 000	12 406 000	12 578 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 580 000	11 507 000	12 406 000	12 578 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 071 000	7 322 000	2 579 000	2 264 000
Total Current Assets	12 195 000	9 501 000	6 382 000	5 586 000
Total Assets	23 775 000	21 008 000	18 787 000	18 164 000
Total Equity	14 585 000	11 715 000	9 705 000	8 465 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 929 000	6 174 000	6 610 000	6 724 000
Creditors	780 000	844 000	675 000	0
Unpaid Taxes	1 660 000	1 038 000	1 181 000	2 334 000
Dividends	0	0	0	0
Other Current Debt	1 050 000	889 000	615 000	641 000
Total Current Debt	4 262 000	3 118 000	2 472 000	2 975 000
Total Equity and Debt	23 775 000	21 008 000	18 787 000	18 164 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,67 %	17,16 %	12,79 %	−13,6 %
Debt-to-Equity Ratio	0,34	0,53	0,68	0,79
Operating Profit Margin	17,41 %	15,97 %	10,55 %	−7,88 %
Current Ratio	2,86	3,05	2,58	1,88
Quick Ratio	2,86	3,05	2,58	1,88
Equity Ratio	0,61	0,56	0,52	0,47
Gross Profit Margin	76,79 %	76,93 %	72,53 %	71,33 %