HARDANGER PANORAMA LODGE AS

5730 ULVIK

Finances

Share Ownership

Return on Equity

6,98 %

Current Ratio

0,28

Debt-to-Equity Ratio

14,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	920 000	771 000	892 000	457 000
Net Income	12 000	113 000	171 000	5 000
Total Assets	3 034 000	2 947 000	3 037 000	2 968 000
Total Equity	172 000	160 000	47 000	−124 000

Income (NOK)	2022	2021	2020	2019
Revenue	920 000	771 000	892 000	457 000
Expenditure	797 000	541 000	577 000	326 000
Operating Profit	124 000	230 000	316 000	132 000
Financial Income	6 000	4 000	4 000	0
Financial Costs	115 000	90 000	100 000	125 000
Financial Balance	−109 000	−86 000	−96 000	−125 000
Earnings Before Tax	15 000	144 000	219 000	8 000
Tax	3 000	32 000	48 000	2 000
Net Income	12 000	113 000	171 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 953 000	2 804 000	2 788 000	2 877 000
Total Current Assets	81 000	144 000	249 000	91 000
Total Assets	3 034 000	2 947 000	3 037 000	2 968 000
Total Retained Equity	150 000	138 000	25 000	−146 000
Total Equity	172 000	160 000	47 000	−124 000
Total Long-Term Debt	2 569 000	2 745 000	2 847 000	2 981 000
Total Current Debt	293 000	43 000	142 000	111 000
Total Equity and Debt	3 034 000	2 947 000	3 037 000	2 968 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	920 000	771 000	892 000	457 000
Other Income	0	0	0	0
Revenue	920 000	771 000	892 000	457 000
Cost of Goods Sold	1 000	5 000	15 000	2 000
Salary Costs	141 000	138 000	122 000	9 000
Depreciation	69 000	55 000	68 000	68 000
Impairment	0	0	0	0
Expenditure	797 000	541 000	577 000	326 000
Operating Profit	124 000	230 000	316 000	132 000
Financial Income	6 000	4 000	4 000	0
Financial Costs	115 000	90 000	100 000	125 000
Financial Balance	−109 000	−86 000	−96 000	−125 000
Dividends	0	0	0	0
Net Income	12 000	113 000	171 000	5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	43 000
Real Eastate	2 845 000	2 682 000	2 666 000	2 721 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	108 000	122 000	122 000	113 000
Total Tangible Assets	2 953 000	2 804 000	2 788 000	2 834 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 953 000	2 804 000	2 788 000	2 877 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	69 000	182 000	63 000
Total Current Assets	81 000	144 000	249 000	91 000
Total Assets	3 034 000	2 947 000	3 037 000	2 968 000
Total Equity	172 000	160 000	47 000	−124 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 569 000	2 745 000	2 847 000	2 981 000
Creditors	99 000	7 000	89 000	42 000
Unpaid Taxes	6 000	5 000	6 000	5 000
Dividends	0	0	0	0
Other Current Debt	188 000	30 000	47 000	64 000
Total Current Debt	293 000	43 000	142 000	111 000
Total Equity and Debt	3 034 000	2 947 000	3 037 000	2 968 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,98 %	70,63 %	363,83 %	−4,03 %
Debt-to-Equity Ratio	14,94	17,16	60,57	−24,04
Operating Profit Margin	13,48 %	29,83 %	35,43 %	28,88 %
Current Ratio	0,28	3,35	1,75	0,82
Quick Ratio	0,28	3,35	1,75	0,82
Equity Ratio	0,06	0,05	0,02	−0,04
Gross Profit Margin	99,89 %	99,35 %	98,32 %	99,56 %