HITRA TURISTSERVICE AS

7246 SANDSTAD

Finances

Return on Equity

20,05 %

Current Ratio

3,06

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 045 000	8 371 000	4 814 000	14 145 000
Net Income	1 240 000	789 000	42 000	692 000
Total Assets	11 979 000	11 077 000	11 995 000	11 280 000
Total Equity	6 183 000	5 018 000	5 229 000	5 187 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 045 000	8 371 000	4 814 000	14 145 000
Expenditure	13 787 000	8 762 000	5 804 000	15 136 000
Operating Profit	259 000	−391 000	−990 000	−991 000
Financial Income	2 310 000	2 258 000	1 058 000	2 538 000
Financial Costs	868 000	1 017 000	11 000	666 000
Financial Balance	1 442 000	1 241 000	1 047 000	1 872 000
Earnings Before Tax	1 702 000	850 000	57 000	881 000
Tax	461 000	61 000	15 000	189 000
Net Income	1 240 000	789 000	42 000	692 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	288 000	503 000	2 230 000	2 116 000
Total Current Assets	11 691 000	10 573 000	9 765 000	9 165 000
Total Assets	11 979 000	11 077 000	11 995 000	11 280 000
Total Retained Equity	2 760 000	1 595 000	1 806 000	1 764 000
Total Equity	6 183 000	5 018 000	5 229 000	5 187 000
Total Long-Term Debt	1 978 000	1 978 000	1 978 000	1 978 000
Total Current Debt	3 818 000	4 081 000	4 788 000	4 115 000
Total Equity and Debt	11 979 000	11 077 000	11 995 000	11 280 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 152 000	1 301 000	610 000	2 051 000
Other Income	11 893 000	7 070 000	4 204 000	12 094 000
Revenue	14 045 000	8 371 000	4 814 000	14 145 000
Cost of Goods Sold	10 914 000	6 241 000	3 471 000	11 153 000
Salary Costs	1 481 000	1 230 000	1 073 000	2 036 000
Depreciation	33 000	35 000	51 000	53 000
Impairment	0	0	0	0
Expenditure	13 787 000	8 762 000	5 804 000	15 136 000
Operating Profit	259 000	−391 000	−990 000	−991 000
Financial Income	2 310 000	2 258 000	1 058 000	2 538 000
Financial Costs	868 000	1 017 000	11 000	666 000
Financial Balance	1 442 000	1 241 000	1 047 000	1 872 000
Dividends	0	0	0	0
Net Income	1 240 000	789 000	42 000	692 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	90 000	88 000	86 000	86 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	33 000	68 000	119 000
Total Tangible Assets	0	33 000	68 000	119 000
Total Fiancial Fixed Assets	197 000	383 000	2 076 000	1 911 000
Total Fixed Assets	288 000	503 000	2 230 000	2 116 000
Stock	306 000	476 000	569 000	531 000
Total Investments	381 000	610 000	39 000	39 000
Cash, Bank	9 203 000	8 860 000	8 079 000	7 463 000
Total Current Assets	11 691 000	10 573 000	9 765 000	9 165 000
Total Assets	11 979 000	11 077 000	11 995 000	11 280 000
Total Equity	6 183 000	5 018 000	5 229 000	5 187 000
Short-Term Group Debt	96 000	0	0	88 000
Total Long-Term Debt	1 978 000	1 978 000	1 978 000	1 978 000
Creditors	269 000	107 000	82 000	162 000
Unpaid Taxes	71 000	34 000	−7 000	60 000
Dividends	0	0	0	0
Other Current Debt	2 940 000	3 877 000	4 698 000	3 634 000
Total Current Debt	3 818 000	4 081 000	4 788 000	4 115 000
Total Equity and Debt	11 979 000	11 077 000	11 995 000	11 280 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,05 %	15,72 %	0,8 %	13,34 %
Debt-to-Equity Ratio	0,32	0,39	0,38	0,38
Operating Profit Margin	1,84 %	−4,67 %	−20,57 %	−7,01 %
Current Ratio	3,06	2,59	2,04	2,23
Quick Ratio	3,33	2,93	2,31	2,56
Equity Ratio	0,52	0,45	0,44	0,46
Gross Profit Margin	22,29 %	25,44 %	27,9 %	21,15 %