HEMSEDAL SKIGARD AS

3580 GEILO

Finances

Share Ownership

Return on Equity

7,79 %

Current Ratio

3,02

Debt-to-Equity Ratio

0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 790 000	1 638 000	1 197 000	408 000
Net Income	71 000	248 000	302 000	260 000
Total Assets	1 645 000	1 142 000	771 000	426 000
Total Equity	911 000	841 000	593 000	290 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 790 000	1 638 000	1 197 000	408 000
Expenditure	1 674 000	1 313 000	803 000	74 000
Operating Profit	117 000	325 000	394 000	334 000
Financial Income	1 000	0	0	0
Financial Costs	26 000	1 000	1 000	0
Financial Balance	−25 000	−1 000	−1 000	0
Earnings Before Tax	91 000	325 000	393 000	334 000
Tax	21 000	77 000	91 000	73 000
Net Income	71 000	248 000	302 000	260 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	673 000	286 000	223 000	92 000
Total Current Assets	972 000	856 000	548 000	334 000
Total Assets	1 645 000	1 142 000	771 000	426 000
Total Retained Equity	881 000	811 000	563 000	260 000
Total Equity	911 000	841 000	593 000	290 000
Total Long-Term Debt	411 000	3 000	3 000	3 000
Total Current Debt	322 000	298 000	175 000	133 000
Total Equity and Debt	1 645 000	1 142 000	771 000	426 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 790 000	1 638 000	1 197 000	408 000
Other Income	0	0	0	0
Revenue	1 790 000	1 638 000	1 197 000	408 000
Cost of Goods Sold	641 000	492 000	220 000	42 000
Salary Costs	206 000	23 000	209 000	0
Depreciation	133 000	51 000	31 000	8 000
Impairment	0	0	0	0
Expenditure	1 674 000	1 313 000	803 000	74 000
Operating Profit	117 000	325 000	394 000	334 000
Financial Income	1 000	0	0	0
Financial Costs	26 000	1 000	1 000	0
Financial Balance	−25 000	−1 000	−1 000	0
Dividends	0	0	0	0
Net Income	71 000	248 000	302 000	260 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	539 000	111 000	94 000	92 000
Fixtures	47 000	67 000	51 000	0
Total Tangible Assets	587 000	178 000	145 000	92 000
Total Fiancial Fixed Assets	86 000	108 000	79 000	0
Total Fixed Assets	673 000	286 000	223 000	92 000
Stock	26 000	44 000	0	0
Total Investments	0	0	0	0
Cash, Bank	771 000	428 000	492 000	156 000
Total Current Assets	972 000	856 000	548 000	334 000
Total Assets	1 645 000	1 142 000	771 000	426 000
Total Equity	911 000	841 000	593 000	290 000
Short-Term Group Debt	7 000	0	0	0
Total Long-Term Debt	411 000	3 000	3 000	3 000
Creditors	193 000	86 000	31 000	1 000
Unpaid Taxes	34 000	92 000	35 000	61 000
Dividends	0	0	0	0
Other Current Debt	67 000	43 000	19 000	0
Total Current Debt	322 000	298 000	175 000	133 000
Total Equity and Debt	1 645 000	1 142 000	771 000	426 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,79 %	29,49 %	50,93 %	89,66 %
Debt-to-Equity Ratio	0,45	0	0,01	0,01
Operating Profit Margin	6,54 %	19,84 %	32,92 %	81,86 %
Current Ratio	3,02	2,87	3,13	2,51
Quick Ratio	3,28	3,37	3,13	2,51
Equity Ratio	0,55	0,74	0,77	0,68
Gross Profit Margin	64,19 %	69,96 %	81,62 %	89,71 %