VÅRSØG RESORT AS

6650 SURNADAL

Finances

Share Ownership

Return on Equity

−2,6 %

Current Ratio

0,43

Debt-to-Equity Ratio

−0,59

Key figures (NOK)	2021	2020	2019	2018
Revenue	13 669 000	10 732 000	19 004 000	22 114 000
Net Income	246 000	−2 943 000	−1 677 000	−583 000
Total Assets	3 557 000	3 442 000	5 098 000	6 326 000
Total Equity	−9 461 000	−11 942 000	−8 999 000	−5 822 000

Income (NOK)	2021	2020	2019	2018
Revenue	13 669 000	10 732 000	19 004 000	22 114 000
Expenditure	13 417 000	13 672 000	20 500 000	22 528 000
Operating Profit	252 000	−2 941 000	−1 496 000	−415 000
Financial Income	0	0	5 000	4 000
Financial Costs	6 000	3 000	186 000	172 000
Financial Balance	−6 000	−3 000	−181 000	−168 000
Earnings Before Tax	246 000	−2 943 000	−1 677 000	−583 000
Tax	0	0	0	0
Net Income	246 000	−2 943 000	−1 677 000	−583 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	387 000	504 000	597 000	282 000
Total Current Assets	3 170 000	2 938 000	4 501 000	6 044 000
Total Assets	3 557 000	3 442 000	5 098 000	6 326 000
Total Retained Equity	−9 561 000	−12 042 000	−9 099 000	−7 422 000
Total Equity	−9 461 000	−11 942 000	−8 999 000	−5 822 000
Total Long-Term Debt	5 587 000	6 467 000	6 840 000	5 141 000
Total Current Debt	7 431 000	8 918 000	7 257 000	7 007 000
Total Equity and Debt	3 557 000	3 442 000	5 098 000	6 326 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	12 455 000	9 689 000	18 739 000	22 114 000
Other Income	1 214 000	1 043 000	265 000	0
Revenue	13 669 000	10 732 000	19 004 000	22 114 000
Cost of Goods Sold	1 525 000	1 493 000	3 300 000	4 029 000
Salary Costs	4 037 000	4 187 000	8 294 000	9 371 000
Depreciation	158 000	155 000	134 000	81 000
Impairment	0	0	0	0
Expenditure	13 417 000	13 672 000	20 500 000	22 528 000
Operating Profit	252 000	−2 941 000	−1 496 000	−415 000
Financial Income	0	0	5 000	4 000
Financial Costs	6 000	3 000	186 000	172 000
Financial Balance	−6 000	−3 000	−181 000	−168 000
Dividends	0	0	0	0
Net Income	246 000	−2 943 000	−1 677 000	−583 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	125 000	155 000	185 000	20 000
Fixtures	262 000	348 000	412 000	263 000
Total Tangible Assets	387 000	504 000	597 000	282 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	387 000	504 000	597 000	282 000
Stock	375 000	398 000	358 000	345 000
Total Investments	0	0	0	0
Cash, Bank	947 000	643 000	2 015 000	1 622 000
Total Current Assets	3 170 000	2 938 000	4 501 000	6 044 000
Total Assets	3 557 000	3 442 000	5 098 000	6 326 000
Total Equity	−9 461 000	−11 942 000	−8 999 000	−5 822 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 587 000	6 467 000	6 840 000	5 141 000
Creditors	4 931 000	7 859 000	4 798 000	4 440 000
Unpaid Taxes	302 000	209 000	702 000	868 000
Dividends	0	0	0	0
Other Current Debt	2 197 000	850 000	1 758 000	1 698 000
Total Current Debt	7 431 000	8 918 000	7 257 000	7 007 000
Total Equity and Debt	3 557 000	3 442 000	5 098 000	6 326 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−2,6 %	24,64 %	18,64 %	10,01 %
Debt-to-Equity Ratio	−0,59	−0,54	−0,76	−0,88
Operating Profit Margin	1,84 %	−27,4 %	−7,87 %	−1,88 %
Current Ratio	0,43	0,33	0,62	0,86
Quick Ratio	0,45	0,34	0,65	0,91
Equity Ratio	−2,66	−3,47	−1,77	−0,92
Gross Profit Margin	88,84 %	86,09 %	82,64 %	81,78 %