1912 HOLDING AS

1423 SKI

Finances

Return on Equity

−36,2 %

Current Ratio

1,57

Debt-to-Equity Ratio

1,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	722 003 000	678 594 000	707 132 000	702 053 000
Net Income	−34 898 000	29 283 000	−40 924 000	−90 240 000
Total Assets	423 674 000	492 366 000	496 334 000	537 549 000
Total Equity	96 412 000	184 811 000	155 527 000	91 297 000

Income (NOK)	2022	2021	2020	2019
Revenue	722 003 000	678 594 000	707 132 000	702 053 000
Expenditure	746 785 000	640 379 000	729 902 000	792 404 000
Operating Profit	−24 782 000	38 215 000	−22 770 000	−90 351 000
Financial Income	1 063 000	258 000	535 000	3 876 000
Financial Costs	9 621 000	7 270 000	18 900 000	17 925 000
Financial Balance	−8 558 000	−7 012 000	−18 365 000	−14 049 000
Earnings Before Tax	−33 340 000	31 203 000	−41 135 000	−104 400 000
Tax	1 558 000	1 920 000	−211 000	−14 160 000
Net Income	−34 898 000	29 283 000	−40 924 000	−90 240 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	69 026 000	125 302 000	216 626 000	276 900 000
Total Current Assets	354 648 000	367 064 000	279 708 000	260 649 000
Total Assets	423 674 000	492 366 000	496 334 000	537 549 000
Total Retained Equity	−528 625 000	−427 879 000	−456 145 000	−414 853 000
Total Equity	96 412 000	184 811 000	155 527 000	91 297 000
Total Long-Term Debt	102 037 000	153 592 000	157 406 000	218 660 000
Total Current Debt	225 226 000	153 964 000	183 399 000	227 594 000
Total Equity and Debt	423 675 000	492 367 000	496 332 000	537 551 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	721 587 000	613 945 000	705 210 000	699 608 000
Other Income	416 000	64 649 000	1 922 000	2 445 000
Revenue	722 003 000	678 594 000	707 132 000	702 053 000
Cost of Goods Sold	417 169 000	355 160 000	365 918 000	340 023 000
Salary Costs	164 074 000	149 647 000	208 806 000	244 174 000
Depreciation	64 900 000	68 611 000	72 082 000	69 362 000
Impairment	0	0	0	0
Expenditure	746 785 000	640 379 000	729 902 000	792 404 000
Operating Profit	−24 782 000	38 215 000	−22 770 000	−90 351 000
Financial Income	1 063 000	258 000	535 000	3 876 000
Financial Costs	9 621 000	7 270 000	18 900 000	17 925 000
Financial Balance	−8 558 000	−7 012 000	−18 365 000	−14 049 000
Dividends	0	0	0	0
Net Income	−34 898 000	29 283 000	−40 924 000	−90 240 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	26 043 000	79 336 000	132 679 000	186 742 000
Total Intangible Assets	35 300 000	85 261 000	138 696 000	188 550 000
Real Eastate	1 858 000	1 966 000	27 835 000	28 966 000
Machinery and Plant Facilities	30 020 000	35 785 000	47 527 000	55 497 000
Fixtures	0	0	0	0
Total Tangible Assets	31 878 000	37 751 000	75 362 000	84 463 000
Total Fiancial Fixed Assets	1 848 000	2 290 000	2 568 000	3 887 000
Total Fixed Assets	69 026 000	125 302 000	216 626 000	276 900 000
Stock	119 562 000	79 277 000	119 678 000	117 124 000
Total Investments	0	0	0	0
Cash, Bank	14 709 000	145 187 000	54 643 000	26 675 000
Total Current Assets	354 648 000	367 064 000	279 708 000	260 649 000
Total Assets	423 674 000	492 366 000	496 334 000	537 549 000
Total Equity	96 412 000	184 811 000	155 527 000	91 297 000
Short-Term Group Debt	88 795 000	66 772 000	0	0
Total Long-Term Debt	102 037 000	153 592 000	157 406 000	218 660 000
Creditors	78 365 000	52 513 000	60 813 000	91 631 000
Unpaid Taxes	40 601 000	32 045 000	25 623 000	35 696 000
Dividends	0	0	0	0
Other Current Debt	0	0	92 676 000	70 491 000
Total Current Debt	225 226 000	153 964 000	183 399 000	227 594 000
Total Equity and Debt	423 675 000	492 367 000	496 332 000	537 551 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−36,2 %	15,84 %	−26,31 %	−98,84 %
Debt-to-Equity Ratio	1,06	0,83	1,01	2,4
Operating Profit Margin	−3,43 %	5,63 %	−3,22 %	−12,87 %
Current Ratio	1,57	2,38	1,53	1,15
Quick Ratio	3,36	4,91	4,39	2,36
Equity Ratio	0,23	0,38	0,31	0,17
Gross Profit Margin	42,22 %	47,66 %	48,25 %	51,57 %