HEMMINGODDEN LOFOTEN FISHING LODGE AS

8373 BALLSTAD

Finances

Share Ownership

Return on Equity

24,63 %

Current Ratio

1,29

Debt-to-Equity Ratio

0,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 468 000	8 402 000	4 392 000	4 090 000
Net Income	269 000	278 000	147 000	358 000
Total Assets	3 538 000	4 412 000	3 307 000	1 437 000
Total Equity	1 092 000	823 000	545 000	490 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 468 000	8 402 000	4 392 000	4 090 000
Expenditure	12 098 000	8 277 000	4 140 000	3 695 000
Operating Profit	371 000	125 000	252 000	394 000
Financial Income	21 000	243 000	147 000	3 000
Financial Costs	44 000	74 000	232 000	0
Financial Balance	−23 000	169 000	−85 000	3 000
Earnings Before Tax	348 000	294 000	168 000	397 000
Tax	79 000	16 000	21 000	39 000
Net Income	269 000	278 000	147 000	358 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 335 000	454 000	439 000	406 000
Total Current Assets	2 203 000	3 958 000	2 868 000	1 031 000
Total Assets	3 538 000	4 412 000	3 307 000	1 437 000
Total Retained Equity	1 062 000	793 000	515 000	460 000
Total Equity	1 092 000	823 000	545 000	490 000
Total Long-Term Debt	733 000	680 000	1 008 000	12 000
Total Current Debt	1 714 000	2 909 000	1 754 000	934 000
Total Equity and Debt	3 538 000	4 412 000	3 307 000	1 437 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 910 000	5 904 000	2 593 000	4 076 000
Other Income	2 557 000	2 498 000	1 799 000	14 000
Revenue	12 468 000	8 402 000	4 392 000	4 090 000
Cost of Goods Sold	1 932 000	1 208 000	1 410 000	1 079 000
Salary Costs	5 613 000	4 616 000	1 747 000	1 222 000
Depreciation	149 000	58 000	66 000	40 000
Impairment	0	0	0	0
Expenditure	12 098 000	8 277 000	4 140 000	3 695 000
Operating Profit	371 000	125 000	252 000	394 000
Financial Income	21 000	243 000	147 000	3 000
Financial Costs	44 000	74 000	232 000	0
Financial Balance	−23 000	169 000	−85 000	3 000
Dividends	0	0	0	0
Net Income	269 000	278 000	147 000	358 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	178 000	250 000	250 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	70 000	88 000	106 000	124 000
Fixtures	1 087 000	116 000	83 000	84 000
Total Tangible Assets	1 157 000	204 000	189 000	208 000
Total Fiancial Fixed Assets	0	0	0	198 000
Total Fixed Assets	1 335 000	454 000	439 000	406 000
Stock	209 000	254 000	56 000	0
Total Investments	0	1 005 000	1 202 000	0
Cash, Bank	874 000	1 169 000	113 000	658 000
Total Current Assets	2 203 000	3 958 000	2 868 000	1 031 000
Total Assets	3 538 000	4 412 000	3 307 000	1 437 000
Total Equity	1 092 000	823 000	545 000	490 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	733 000	680 000	1 008 000	12 000
Creditors	508 000	204 000	107 000	59 000
Unpaid Taxes	204 000	433 000	97 000	87 000
Dividends	0	0	0	0
Other Current Debt	975 000	2 262 000	1 550 000	789 000
Total Current Debt	1 714 000	2 909 000	1 754 000	934 000
Total Equity and Debt	3 538 000	4 412 000	3 307 000	1 437 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,63 %	33,78 %	26,97 %	73,06 %
Debt-to-Equity Ratio	0,67	0,83	1,85	0,02
Operating Profit Margin	2,98 %	1,49 %	5,74 %	9,63 %
Current Ratio	1,29	1,36	1,64	1,1
Quick Ratio	1,46	1,49	1,69	1,1
Equity Ratio	0,31	0,19	0,16	0,34
Gross Profit Margin	84,5 %	85,62 %	67,9 %	73,62 %