VÅRSØG HOTELL EIENDOM AS

6650 SURNADAL

Finances

Share Ownership

Return on Equity

28 %

Current Ratio

0,41

Debt-to-Equity Ratio

3,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 416 000	4 108 000	3 911 000	3 733 000
Net Income	1 368 000	−822 000	−1 139 000	−390 000
Total Assets	33 816 000	33 715 000	35 136 000	35 191 000
Total Equity	4 886 000	3 518 000	4 340 000	5 479 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 416 000	4 108 000	3 911 000	3 733 000
Expenditure	1 703 000	4 412 000	4 502 000	3 248 000
Operating Profit	2 713 000	−304 000	−592 000	485 000
Financial Income	18 000	16 000	4 000	6 000
Financial Costs	977 000	766 000	873 000	990 000
Financial Balance	−959 000	−750 000	−869 000	−984 000
Earnings Before Tax	1 754 000	−1 053 000	−1 460 000	−500 000
Tax	386 000	−232 000	−321 000	−110 000
Net Income	1 368 000	−822 000	−1 139 000	−390 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 890 000	30 494 000	31 481 000	32 348 000
Total Current Assets	4 926 000	3 221 000	3 655 000	2 843 000
Total Assets	33 816 000	33 715 000	35 136 000	35 191 000
Total Retained Equity	−5 608 000	−6 976 000	−6 154 000	−5 015 000
Total Equity	4 886 000	3 518 000	4 340 000	5 479 000
Total Long-Term Debt	17 049 000	18 396 000	19 775 000	20 418 000
Total Current Debt	11 881 000	11 800 000	11 020 000	9 294 000
Total Equity and Debt	33 816 000	33 715 000	35 136 000	35 191 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 416 000	4 108 000	3 776 000	3 707 000
Other Income	0	0	134 000	26 000
Revenue	4 416 000	4 108 000	3 911 000	3 733 000
Cost of Goods Sold	977 000	561 000	141 000	26 000
Salary Costs	0	0	0	0
Depreciation	1 218 000	1 218 000	1 218 000	1 259 000
Impairment	0	0	0	0
Expenditure	1 703 000	4 412 000	4 502 000	3 248 000
Operating Profit	2 713 000	−304 000	−592 000	485 000
Financial Income	18 000	16 000	4 000	6 000
Financial Costs	977 000	766 000	873 000	990 000
Financial Balance	−959 000	−750 000	−869 000	−984 000
Dividends	0	0	0	0
Net Income	1 368 000	−822 000	−1 139 000	−390 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 583 000	1 969 000	1 737 000	1 416 000
Real Eastate	26 657 000	27 822 000	28 988 000	30 153 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	649 000	702 000	755 000	778 000
Total Tangible Assets	27 306 000	28 525 000	29 743 000	30 932 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 890 000	30 494 000	31 481 000	32 348 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 477 000	2 537 000	395 000	319 000
Total Current Assets	4 926 000	3 221 000	3 655 000	2 843 000
Total Assets	33 816 000	33 715 000	35 136 000	35 191 000
Total Equity	4 886 000	3 518 000	4 340 000	5 479 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 049 000	18 396 000	19 775 000	20 418 000
Creditors	43 000	42 000	0	0
Unpaid Taxes	88 000	220 000	135 000	157 000
Dividends	0	0	0	0
Other Current Debt	11 750 000	11 539 000	10 885 000	9 137 000
Total Current Debt	11 881 000	11 800 000	11 020 000	9 294 000
Total Equity and Debt	33 816 000	33 715 000	35 136 000	35 191 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28 %	−23,37 %	−26,24 %	−7,12 %
Debt-to-Equity Ratio	3,49	5,23	4,56	3,73
Operating Profit Margin	61,44 %	−7,4 %	−15,14 %	12,99 %
Current Ratio	0,41	0,27	0,33	0,31
Quick Ratio	0,41	0,27	0,33	0,31
Equity Ratio	0,14	0,1	0,12	0,16
Gross Profit Margin	77,88 %	86,34 %	96,39 %	99,3 %