HØVRINGEN HØGFJELLSHOTELL AS

2673 HØVRINGEN

Finances

Return on Equity

20,85 %

Current Ratio

1,55

Debt-to-Equity Ratio

1,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 357 000	4 934 000	4 752 000	4 717 000
Net Income	259 000	303 000	645 000	264 000
Total Assets	4 025 000	3 885 000	4 016 000	3 253 000
Total Equity	1 242 000	1 037 000	763 000	387 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 357 000	4 934 000	4 752 000	4 717 000
Expenditure	5 935 000	4 451 000	3 815 000	4 293 000
Operating Profit	423 000	483 000	939 000	424 000
Financial Income	25 000	6 000	13 000	55 000
Financial Costs	115 000	99 000	124 000	141 000
Financial Balance	−90 000	−93 000	−111 000	−86 000
Earnings Before Tax	333 000	390 000	828 000	338 000
Tax	74 000	87 000	183 000	75 000
Net Income	259 000	303 000	645 000	264 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 743 000	2 469 000	2 485 000	2 272 000
Total Current Assets	1 282 000	1 416 000	1 532 000	981 000
Total Assets	4 025 000	3 885 000	4 016 000	3 253 000
Total Retained Equity	1 042 000	837 000	563 000	187 000
Total Equity	1 242 000	1 037 000	763 000	387 000
Total Long-Term Debt	1 954 000	2 089 000	2 225 000	2 287 000
Total Current Debt	829 000	759 000	1 028 000	579 000
Total Equity and Debt	4 025 000	3 885 000	4 016 000	3 253 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 052 000	4 493 000	4 499 000	4 491 000
Other Income	305 000	441 000	253 000	226 000
Revenue	6 357 000	4 934 000	4 752 000	4 717 000
Cost of Goods Sold	1 180 000	819 000	823 000	986 000
Salary Costs	2 677 000	1 520 000	1 531 000	1 482 000
Depreciation	93 000	65 000	39 000	27 000
Impairment	0	0	0	0
Expenditure	5 935 000	4 451 000	3 815 000	4 293 000
Operating Profit	423 000	483 000	939 000	424 000
Financial Income	25 000	6 000	13 000	55 000
Financial Costs	115 000	99 000	124 000	141 000
Financial Balance	−90 000	−93 000	−111 000	−86 000
Dividends	0	0	0	0
Net Income	259 000	303 000	645 000	264 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	101 000	105 000	111 000	118 000
Real Eastate	667 000	554 000	377 000	184 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	693 000	696 000	574 000	598 000
Total Tangible Assets	1 360 000	1 250 000	951 000	782 000
Total Fiancial Fixed Assets	1 282 000	1 114 000	1 422 000	1 372 000
Total Fixed Assets	2 743 000	2 469 000	2 485 000	2 272 000
Stock	109 000	91 000	104 000	78 000
Total Investments	0	0	0	0
Cash, Bank	967 000	1 085 000	1 103 000	412 000
Total Current Assets	1 282 000	1 416 000	1 532 000	981 000
Total Assets	4 025 000	3 885 000	4 016 000	3 253 000
Total Equity	1 242 000	1 037 000	763 000	387 000
Short-Term Group Debt	69 000	37 000	344 000	0
Total Long-Term Debt	1 954 000	2 089 000	2 225 000	2 287 000
Creditors	225 000	331 000	324 000	303 000
Unpaid Taxes	75 000	50 000	53 000	55 000
Dividends	0	0	0	0
Other Current Debt	404 000	269 000	208 000	180 000
Total Current Debt	829 000	759 000	1 028 000	579 000
Total Equity and Debt	4 025 000	3 885 000	4 016 000	3 253 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,85 %	29,22 %	84,53 %	68,22 %
Debt-to-Equity Ratio	1,57	2,01	2,92	5,91
Operating Profit Margin	6,65 %	9,79 %	19,76 %	8,99 %
Current Ratio	1,55	1,87	1,49	1,69
Quick Ratio	1,78	2,12	1,66	1,96
Equity Ratio	0,31	0,27	0,19	0,12
Gross Profit Margin	81,44 %	83,4 %	82,68 %	79,1 %