HARDANGER FJORD LODGE AS

5476 MAURANGER

Finances

Share Ownership

Return on Equity

−114,56 %

Current Ratio

0,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 256 000	3 313 000	2 597 000	1 463 000
Net Income	−118 000	436 000	495 000	199 000
Total Assets	2 093 000	2 831 000	1 740 000	537 000
Total Equity	103 000	222 000	217 000	201 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 256 000	3 313 000	2 597 000	1 463 000
Expenditure	3 380 000	2 754 000	1 961 000	1 197 000
Operating Profit	−123 000	558 000	637 000	265 000
Financial Income	4 000	2 000	1 000	0
Financial Costs	6 000	1 000	3 000	9 000
Financial Balance	−2 000	1 000	−2 000	−9 000
Earnings Before Tax	−124 000	559 000	635 000	256 000
Tax	−6 000	123 000	140 000	57 000
Net Income	−118 000	436 000	495 000	199 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	365 000	314 000	196 000	19 000
Total Current Assets	1 728 000	2 517 000	1 544 000	518 000
Total Assets	2 093 000	2 831 000	1 740 000	537 000
Total Retained Equity	73 000	192 000	187 000	171 000
Total Equity	103 000	222 000	217 000	201 000
Total Long-Term Debt	0	6 000	5 000	0
Total Current Debt	1 990 000	2 603 000	1 518 000	337 000
Total Equity and Debt	2 093 000	2 831 000	1 740 000	537 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 256 000	3 232 000	2 596 000	1 463 000
Other Income	0	81 000	1 000	0
Revenue	3 256 000	3 313 000	2 597 000	1 463 000
Cost of Goods Sold	859 000	639 000	456 000	379 000
Salary Costs	735 000	681 000	404 000	154 000
Depreciation	103 000	72 000	29 000	6 000
Impairment	0	0	0	0
Expenditure	3 380 000	2 754 000	1 961 000	1 197 000
Operating Profit	−123 000	558 000	637 000	265 000
Financial Income	4 000	2 000	1 000	0
Financial Costs	6 000	1 000	3 000	9 000
Financial Balance	−2 000	1 000	−2 000	−9 000
Dividends	0	0	0	0
Net Income	−118 000	436 000	495 000	199 000

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	365 000	314 000	196 000	19 000
Total Tangible Assets	365 000	314 000	196 000	19 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	365 000	314 000	196 000	19 000
Stock	255 000	118 000	87 000	0
Total Investments	0	0	0	0
Cash, Bank	1 208 000	2 049 000	1 348 000	413 000
Total Current Assets	1 728 000	2 517 000	1 544 000	518 000
Total Assets	2 093 000	2 831 000	1 740 000	537 000
Total Equity	103 000	222 000	217 000	201 000
Short-Term Group Debt	972 000	1 448 000	895 000	276 000
Total Long-Term Debt	0	6 000	5 000	0
Creditors	33 000	60 000	489 000	29 000
Unpaid Taxes	99 000	23 000	18 000	8 000
Dividends	0	0	0	0
Other Current Debt	886 000	1 072 000	115 000	24 000
Total Current Debt	1 990 000	2 603 000	1 518 000	337 000
Total Equity and Debt	2 093 000	2 831 000	1 740 000	537 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−114,56 %	196,4 %	228,11 %	99 %
Debt-to-Equity Ratio	0	0,03	0,02	0
Operating Profit Margin	−3,78 %	16,84 %	24,53 %	18,11 %
Current Ratio	0,87	0,97	1,02	1,54
Quick Ratio	1	1,01	1,08	1,54
Equity Ratio	0,05	0,08	0,12	0,37
Gross Profit Margin	73,62 %	80,71 %	82,44 %	74,09 %