SKIGAARDEN UTVIKLING HOLDING AS

3560 HEMSEDAL

Finances

Return on Equity

101 %

Current Ratio

12,95

Debt-to-Equity Ratio

−21,36

Key figures (NOK)	2021	2020	2019
Revenue	528 000	845 000	117 000
Net Income	−4 056 000	−2 313 000	−63 000
Total Assets	88 604 000	101 216 000	97 925 000
Total Equity	−4 016 000	40 000	−28 000

Income (NOK)	2021	2020	2019
Revenue	528 000	845 000	117 000
Expenditure	1 180 000	994 000	179 000
Operating Profit	−653 000	−149 000	−62 000
Financial Income	0	0	0
Financial Costs	3 403 000	2 836 000	1 000
Financial Balance	−3 403 000	−2 836 000	−1 000
Earnings Before Tax	−4 056 000	−2 985 000	−63 000
Tax	0	−672 000	0
Net Income	−4 056 000	−2 313 000	−63 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	160 000	120 000	80 000
Total Current Assets	88 444 000	101 096 000	97 845 000
Total Assets	88 604 000	101 216 000	97 925 000
Total Retained Equity	−4 051 000	6 000	−63 000
Total Equity	−4 016 000	40 000	−28 000
Total Long-Term Debt	85 788 000	97 788 000	97 788 000
Total Current Debt	6 832 000	3 388 000	166 000
Total Equity and Debt	88 604 000	101 216 000	97 925 000

Cash flow (NOK)	2021	2020	2019
Sales Income	528 000	845 000	117 000
Other Income	0	0	0
Revenue	528 000	845 000	117 000
Cost of Goods Sold	372 000	871 000	106 000
Salary Costs	516 000	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 180 000	994 000	179 000
Operating Profit	−653 000	−149 000	−62 000
Financial Income	0	0	0
Financial Costs	3 403 000	2 836 000	1 000
Financial Balance	−3 403 000	−2 836 000	−1 000
Dividends	0	0	0
Net Income	−4 056 000	−2 313 000	−63 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	160 000	120 000	80 000
Total Fixed Assets	160 000	120 000	80 000
Stock	0	0	75 000
Total Investments	0	0	0
Cash, Bank	35 000	14 000	6 000
Total Current Assets	88 444 000	101 096 000	97 845 000
Total Assets	88 604 000	101 216 000	97 925 000
Total Equity	−4 016 000	40 000	−28 000
Short-Term Group Debt	0	440 000	80 000
Total Long-Term Debt	85 788 000	97 788 000	97 788 000
Creditors	236 000	120 000	86 000
Unpaid Taxes	37 000	0	0
Dividends	0	0	0
Other Current Debt	6 560 000	2 828 000	0
Total Current Debt	6 832 000	3 388 000	166 000
Total Equity and Debt	88 604 000	101 216 000	97 925 000

Financial indicators	2021	2020	2019
Return on Equity	101 %	−5 782,5 %	225 %
Debt-to-Equity Ratio	−21,36	2 444,7	−3 492,43
Operating Profit Margin	−123,67 %	−17,63 %	−52,99 %
Current Ratio	12,95	29,84	589,43
Quick Ratio	12,95	29,84	1 075,22
Equity Ratio	−0,05	0	−0
Gross Profit Margin	29,55 %	−3,08 %	9,4 %