VALDRES HOTELL, FAGERNES AS

2900 FAGERNES

Finances

Share Ownership

Return on Equity

104,78 %

Current Ratio

1,26

Debt-to-Equity Ratio

−12,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	1 022 000	450 000	50 000
Net Income	−658 000	230 000	94 000	−108 000
Total Assets	8 224 000	455 000	150 000	111 000
Total Equity	−628 000	30 000	16 000	−78 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	1 022 000	450 000	50 000
Expenditure	796 000	725 000	342 000	154 000
Operating Profit	−796 000	296 000	108 000	−105 000
Financial Income	0	0	1 000	0
Financial Costs	111 000	2 000	18 000	3 000
Financial Balance	−111 000	−2 000	−17 000	−3 000
Earnings Before Tax	−907 000	295 000	90 000	−108 000
Tax	−250 000	65 000	−4 000	0
Net Income	−658 000	230 000	94 000	−108 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 874 000	−50 000	81 000	43 000
Total Current Assets	1 351 000	505 000	69 000	69 000
Total Assets	8 224 000	455 000	150 000	111 000
Total Retained Equity	−658 000	0	−14 000	−108 000
Total Equity	−628 000	30 000	16 000	−78 000
Total Long-Term Debt	7 783 000	0	46 000	60 000
Total Current Debt	1 069 000	425 000	88 000	129 000
Total Equity and Debt	8 224 000	455 000	150 000	111 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	779 000	390 000	50 000
Other Income	0	243 000	60 000	0
Revenue	0	1 022 000	450 000	50 000
Cost of Goods Sold	0	90 000	25 000	0
Salary Costs	0	77 000	0	0
Depreciation	0	15 000	26 000	13 000
Impairment	0	0	0	0
Expenditure	796 000	725 000	342 000	154 000
Operating Profit	−796 000	296 000	108 000	−105 000
Financial Income	0	0	1 000	0
Financial Costs	111 000	2 000	18 000	3 000
Financial Balance	−111 000	−2 000	−17 000	−3 000
Dividends	0	216 000	0	0
Net Income	−658 000	230 000	94 000	−108 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	200 000	0	4 000	0
Real Eastate	6 706 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	−33 000	−50 000	78 000	43 000
Total Tangible Assets	6 674 000	−50 000	78 000	43 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 874 000	−50 000	81 000	43 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	130 000	455 000	62 000	36 000
Total Current Assets	1 351 000	505 000	69 000	69 000
Total Assets	8 224 000	455 000	150 000	111 000
Total Equity	−628 000	30 000	16 000	−78 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 783 000	0	46 000	60 000
Creditors	221 000	14 000	−22 000	99 000
Unpaid Taxes	−281 000	5 000	0	0
Dividends	0	216 000	0	0
Other Current Debt	913 000	178 000	111 000	30 000
Total Current Debt	1 069 000	425 000	88 000	129 000
Total Equity and Debt	8 224 000	455 000	150 000	111 000

Financial indicators	2022	2021	2020	2019
Return on Equity	104,78 %	766,67 %	587,5 %	138,46 %
Debt-to-Equity Ratio	−12,39	0	2,88	−0,77
Operating Profit Margin	-	28,96 %	24 %	−210 %
Current Ratio	1,26	1,19	0,78	0,53
Quick Ratio	1,26	1,19	0,78	0,53
Equity Ratio	−0,08	0,07	0,11	−0,7
Gross Profit Margin	-	91,19 %	94,44 %	100 %