SKIGAARDEN APARTMENTS AS

3560 HEMSEDAL

Finances

Return on Equity

−6 120,83 %

Current Ratio

0,64

Debt-to-Equity Ratio

1 231,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 109 000	7 576 000	5 087 000	1 704 000
Net Income	−2 938 000	−2 928 000	−4 075 000	−5 060 000
Total Assets	73 871 000	72 039 000	70 957 000	70 429 000
Total Equity	48 000	−2 474 000	455 000	−5 082 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 109 000	7 576 000	5 087 000	1 704 000
Expenditure	13 782 000	9 604 000	7 548 000	5 882 000
Operating Profit	−1 673 000	−2 028 000	−2 460 000	−4 179 000
Financial Income	29 000	13 000	14 000	20 000
Financial Costs	2 123 000	1 780 000	2 898 000	901 000
Financial Balance	−2 094 000	−1 767 000	−2 884 000	−881 000
Earnings Before Tax	−3 767 000	−3 796 000	−5 344 000	−5 060 000
Tax	−829 000	−868 000	−1 269 000	0
Net Income	−2 938 000	−2 928 000	−4 075 000	−5 060 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	64 459 000	66 561 000	67 584 000	65 741 000
Total Current Assets	9 412 000	5 477 000	3 373 000	4 688 000
Total Assets	73 871 000	72 039 000	70 957 000	70 429 000
Total Retained Equity	18 000	−2 504 000	425 000	−5 112 000
Total Equity	48 000	−2 474 000	455 000	−5 082 000
Total Long-Term Debt	59 101 000	60 000 000	60 177 000	30 000 000
Total Current Debt	14 722 000	14 512 000	10 325 000	45 511 000
Total Equity and Debt	73 871 000	72 039 000	70 957 000	70 429 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 109 000	7 576 000	4 960 000	1 831 000
Other Income	0	0	127 000	−127 000
Revenue	12 109 000	7 576 000	5 087 000	1 704 000
Cost of Goods Sold	2 488 000	1 266 000	1 993 000	735 000
Salary Costs	680 000	431 000	0	0
Depreciation	2 092 000	1 980 000	1 903 000	1 221 000
Impairment	0	0	0	0
Expenditure	13 782 000	9 604 000	7 548 000	5 882 000
Operating Profit	−1 673 000	−2 028 000	−2 460 000	−4 179 000
Financial Income	29 000	13 000	14 000	20 000
Financial Costs	2 123 000	1 780 000	2 898 000	901 000
Financial Balance	−2 094 000	−1 767 000	−2 884 000	−881 000
Dividends	0	0	0	0
Net Income	−2 938 000	−2 928 000	−4 075 000	−5 060 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	691 000	0	0
Real Eastate	61 867 000	63 813 000	65 551 000	39 096 000
Machinery and Plant Facilities	1 344 000	1 302 000	1 402 000	26 284 000
Fixtures	1 118 000	706 000	591 000	321 000
Total Tangible Assets	64 329 000	65 820 000	67 544 000	65 701 000
Total Fiancial Fixed Assets	130 000	50 000	40 000	40 000
Total Fixed Assets	64 459 000	66 561 000	67 584 000	65 741 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	247 000	80 000	42 000	2 570 000
Total Current Assets	9 412 000	5 477 000	3 373 000	4 688 000
Total Assets	73 871 000	72 039 000	70 957 000	70 429 000
Total Equity	48 000	−2 474 000	455 000	−5 082 000
Short-Term Group Debt	12 339 000	10 637 000	3 973 000	19 268 000
Total Long-Term Debt	59 101 000	60 000 000	60 177 000	30 000 000
Creditors	1 939 000	1 865 000	2 490 000	2 181 000
Unpaid Taxes	46 000	242 000	1 734 000	0
Dividends	0	0	0	0
Other Current Debt	399 000	402 000	2 128 000	170 000
Total Current Debt	14 722 000	14 512 000	10 325 000	45 511 000
Total Equity and Debt	73 871 000	72 039 000	70 957 000	70 429 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6 120,83 %	118,35 %	−895,6 %	99,57 %
Debt-to-Equity Ratio	1 231,27	−24,25	132,26	−5,9
Operating Profit Margin	−13,82 %	−26,77 %	−48,36 %	−245,25 %
Current Ratio	0,64	0,38	0,33	0,1
Quick Ratio	0,64	0,38	0,33	0,1
Equity Ratio	0	−0,03	0,01	−0,07
Gross Profit Margin	79,45 %	83,29 %	60,82 %	56,87 %