VALDRES FJELLHOTELL AS

2900 FAGERNES

Finances

Return on Equity

83,96 %

Current Ratio

0,38

Debt-to-Equity Ratio

−1,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 273 000	1 428 000	190 000	157 000
Net Income	−314 000	−161 000	−88 000	35 000
Total Assets	752 000	860 000	785 000	384 000
Total Equity	−374 000	−60 000	101 000	190 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 273 000	1 428 000	190 000	157 000
Expenditure	1 558 000	1 570 000	273 000	121 000
Operating Profit	−284 000	−142 000	−84 000	35 000
Financial Income	0	0	0	0
Financial Costs	30 000	19 000	5 000	0
Financial Balance	−30 000	−19 000	−5 000	0
Earnings Before Tax	−314 000	−161 000	−88 000	35 000
Tax	0	0	0	0
Net Income	−314 000	−161 000	−88 000	35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	580 000	670 000	556 000	342 000
Total Current Assets	172 000	190 000	229 000	41 000
Total Assets	752 000	860 000	785 000	384 000
Total Retained Equity	−558 000	−245 000	−83 000	5 000
Total Equity	−374 000	−60 000	101 000	190 000
Total Long-Term Debt	674 000	563 000	511 000	153 000
Total Current Debt	452 000	357 000	173 000	41 000
Total Equity and Debt	752 000	860 000	785 000	384 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 047 000	1 284 000	0	0
Other Income	226 000	144 000	190 000	157 000
Revenue	1 273 000	1 428 000	190 000	157 000
Cost of Goods Sold	327 000	322 000	0	0
Salary Costs	0	0	0	0
Depreciation	91 000	75 000	4 000	0
Impairment	0	0	0	0
Expenditure	1 558 000	1 570 000	273 000	121 000
Operating Profit	−284 000	−142 000	−84 000	35 000
Financial Income	0	0	0	0
Financial Costs	30 000	19 000	5 000	0
Financial Balance	−30 000	−19 000	−5 000	0
Dividends	0	0	0	0
Net Income	−314 000	−161 000	−88 000	35 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	237 000	328 000	213 000	0
Total Tangible Assets	237 000	328 000	213 000	0
Total Fiancial Fixed Assets	342 000	342 000	342 000	342 000
Total Fixed Assets	580 000	670 000	556 000	342 000
Stock	81 000	128 000	0	0
Total Investments	0	0	0	0
Cash, Bank	6 000	6 000	0	31 000
Total Current Assets	172 000	190 000	229 000	41 000
Total Assets	752 000	860 000	785 000	384 000
Total Equity	−374 000	−60 000	101 000	190 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	674 000	563 000	511 000	153 000
Creditors	196 000	160 000	69 000	32 000
Unpaid Taxes	0	0	0	8 000
Dividends	0	0	0	0
Other Current Debt	7 000	9 000	35 000	1 000
Total Current Debt	452 000	357 000	173 000	41 000
Total Equity and Debt	752 000	860 000	785 000	384 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,96 %	268,33 %	−87,13 %	18,42 %
Debt-to-Equity Ratio	−1,8	−9,38	5,06	0,81
Operating Profit Margin	−22,31 %	−9,94 %	−44,21 %	22,29 %
Current Ratio	0,38	0,53	1,32	1
Quick Ratio	0,46	0,83	1,32	1
Equity Ratio	−0,5	−0,07	0,13	0,49
Gross Profit Margin	74,31 %	77,45 %	100 %	100 %