NORWAY HOME OF SKIING AS

3580 GEILO

Finances

Share Ownership

Return on Equity

2,82 %

Current Ratio

0,73

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 624 000	2 140 000	2 160 000	940 000
Net Income	6 000	14 000	−1 000	59 000
Total Assets	1 582 000	2 484 000	2 646 000	492 000
Total Equity	213 000	206 000	193 000	179 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 624 000	2 140 000	2 160 000	940 000
Expenditure	2 609 000	2 120 000	2 147 000	849 000
Operating Profit	15 000	20 000	13 000	91 000
Financial Income	3 000	3 000	0	0
Financial Costs	4 000	3 000	13 000	16 000
Financial Balance	−1 000	0	−13 000	−16 000
Earnings Before Tax	13 000	20 000	0	75 000
Tax	6 000	6 000	1 000	17 000
Net Income	6 000	14 000	−1 000	59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	587 000	731 000	11 000	0
Total Current Assets	995 000	1 753 000	2 635 000	492 000
Total Assets	1 582 000	2 484 000	2 646 000	492 000
Total Retained Equity	78 000	71 000	58 000	59 000
Total Equity	213 000	206 000	193 000	179 000
Total Long-Term Debt	13 000	6 000	0	0
Total Current Debt	1 357 000	2 272 000	2 454 000	313 000
Total Equity and Debt	1 582 000	2 484 000	2 646 000	492 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 920 000	1 280 000	2 725 000	940 000
Other Income	704 000	860 000	−565 000	0
Revenue	2 624 000	2 140 000	2 160 000	940 000
Cost of Goods Sold	0	0	0	491 000
Salary Costs	0	0	0	11 000
Depreciation	168 000	80 000	0	0
Impairment	0	0	0	0
Expenditure	2 609 000	2 120 000	2 147 000	849 000
Operating Profit	15 000	20 000	13 000	91 000
Financial Income	3 000	3 000	0	0
Financial Costs	4 000	3 000	13 000	16 000
Financial Balance	−1 000	0	−13 000	−16 000
Dividends	0	0	0	0
Net Income	6 000	14 000	−1 000	59 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	560 000	720 000	0	0
Total Intangible Assets	560 000	720 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 000	0	0	0
Total Tangible Assets	16 000	0	0	0
Total Fiancial Fixed Assets	11 000	11 000	11 000	0
Total Fixed Assets	587 000	731 000	11 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	779 000	1 458 000	1 539 000	164 000
Total Current Assets	995 000	1 753 000	2 635 000	492 000
Total Assets	1 582 000	2 484 000	2 646 000	492 000
Total Equity	213 000	206 000	193 000	179 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 000	6 000	0	0
Creditors	424 000	530 000	113 000	289 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	933 000	1 741 000	2 340 000	7 000
Total Current Debt	1 357 000	2 272 000	2 454 000	313 000
Total Equity and Debt	1 582 000	2 484 000	2 646 000	492 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,82 %	6,8 %	−0,52 %	32,96 %
Debt-to-Equity Ratio	0,06	0,03	0	0
Operating Profit Margin	0,57 %	0,93 %	0,6 %	9,68 %
Current Ratio	0,73	0,77	1,07	1,57
Quick Ratio	0,73	0,77	1,07	1,57
Equity Ratio	0,13	0,08	0,07	0,36
Gross Profit Margin	100 %	100 %	100 %	47,77 %