HITRA TURISTSERVICE EIENDOM AS

7246 SANDSTAD

Finances

Share Ownership

Return on Equity

6,93 %

Current Ratio

7,25

Debt-to-Equity Ratio

2,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 602 000	2 442 000	2 449 000	2 802 000
Net Income	363 000	516 000	580 000	676 000
Total Assets	17 547 000	17 597 000	19 217 000	19 129 000
Total Equity	5 237 000	4 874 000	4 358 000	3 778 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 602 000	2 442 000	2 449 000	2 802 000
Expenditure	1 581 000	1 268 000	1 178 000	1 426 000
Operating Profit	1 021 000	1 174 000	1 272 000	1 377 000
Financial Income	8 000	6 000	15 000	16 000
Financial Costs	563 000	518 000	543 000	525 000
Financial Balance	−555 000	−512 000	−528 000	−509 000
Earnings Before Tax	466 000	662 000	743 000	867 000
Tax	102 000	146 000	164 000	191 000
Net Income	363 000	516 000	580 000	676 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 416 000	15 687 000	16 174 000	16 665 000
Total Current Assets	2 131 000	1 910 000	3 043 000	2 463 000
Total Assets	17 547 000	17 597 000	19 217 000	19 129 000
Total Retained Equity	4 166 000	3 802 000	3 286 000	2 706 000
Total Equity	5 237 000	4 874 000	4 358 000	3 778 000
Total Long-Term Debt	12 016 000	12 427 000	14 580 000	14 969 000
Total Current Debt	294 000	296 000	279 000	382 000
Total Equity and Debt	17 547 000	17 597 000	19 217 000	19 129 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	572 000	539 000	520 000	576 000
Other Income	2 030 000	1 903 000	1 929 000	2 226 000
Revenue	2 602 000	2 442 000	2 449 000	2 802 000
Cost of Goods Sold	665 000	611 000	530 000	558 000
Salary Costs	0	0	0	0
Depreciation	487 000	487 000	492 000	572 000
Impairment	0	0	0	0
Expenditure	1 581 000	1 268 000	1 178 000	1 426 000
Operating Profit	1 021 000	1 174 000	1 272 000	1 377 000
Financial Income	8 000	6 000	15 000	16 000
Financial Costs	563 000	518 000	543 000	525 000
Financial Balance	−555 000	−512 000	−528 000	−509 000
Dividends	0	0	0	0
Net Income	363 000	516 000	580 000	676 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 205 000	15 687 000	16 169 000	16 651 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	211 000	0	5 000	14 000
Total Tangible Assets	15 416 000	15 687 000	16 174 000	16 665 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 416 000	15 687 000	16 174 000	16 665 000
Stock	17 000	14 000	37 000	40 000
Total Investments	0	0	0	0
Cash, Bank	1 278 000	1 488 000	2 657 000	2 030 000
Total Current Assets	2 131 000	1 910 000	3 043 000	2 463 000
Total Assets	17 547 000	17 597 000	19 217 000	19 129 000
Total Equity	5 237 000	4 874 000	4 358 000	3 778 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 016 000	12 427 000	14 580 000	14 969 000
Creditors	85 000	80 000	52 000	46 000
Unpaid Taxes	48 000	63 000	57 000	69 000
Dividends	0	0	0	0
Other Current Debt	51 000	0	1 000	49 000
Total Current Debt	294 000	296 000	279 000	382 000
Total Equity and Debt	17 547 000	17 597 000	19 217 000	19 129 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,93 %	10,59 %	13,31 %	17,89 %
Debt-to-Equity Ratio	2,29	2,55	3,35	3,96
Operating Profit Margin	39,24 %	48,08 %	51,94 %	49,14 %
Current Ratio	7,25	6,45	10,91	6,45
Quick Ratio	7,69	6,77	12,57	7,2
Equity Ratio	0,3	0,28	0,23	0,2
Gross Profit Margin	74,44 %	74,98 %	78,36 %	80,09 %