HARDANGER GUESTHOUSE AS

5730 ULVIK

Finances

Share Ownership

Return on Equity

65,75 %

Current Ratio

1,07

Debt-to-Equity Ratio

7,88

Key figures (NOK)	2022	2021	2020
Revenue	3 384 000	2 735 000	150 000
Net Income	334 000	301 000	−153 000
Total Assets	4 783 000	5 316 000	4 377 000
Total Equity	508 000	174 000	−111 000

Income (NOK)	2022	2021	2020
Revenue	3 384 000	2 735 000	150 000
Expenditure	2 736 000	2 272 000	287 000
Operating Profit	648 000	462 000	−137 000
Financial Income	15 000	3 000	0
Financial Costs	234 000	119 000	21 000
Financial Balance	−219 000	−116 000	−21 000
Earnings Before Tax	428 000	346 000	−158 000
Tax	94 000	45 000	−5 000
Net Income	334 000	301 000	−153 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	4 492 000	4 162 000	4 109 000
Total Current Assets	291 000	1 154 000	267 000
Total Assets	4 783 000	5 316 000	4 377 000
Total Retained Equity	466 000	132 000	−153 000
Total Equity	508 000	174 000	−111 000
Total Long-Term Debt	4 001 000	5 051 000	4 235 000
Total Current Debt	273 000	91 000	252 000
Total Equity and Debt	4 783 000	5 316 000	4 377 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 161 000	2 735 000	148 000
Other Income	223 000	0	2 000
Revenue	3 384 000	2 735 000	150 000
Cost of Goods Sold	315 000	147 000	24 000
Salary Costs	659 000	672 000	0
Depreciation	254 000	248 000	39 000
Impairment	0	0	0
Expenditure	2 736 000	2 272 000	287 000
Operating Profit	648 000	462 000	−137 000
Financial Income	15 000	3 000	0
Financial Costs	234 000	119 000	21 000
Financial Balance	−219 000	−116 000	−21 000
Dividends	0	0	0
Net Income	334 000	301 000	−153 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	3 877 000	4 122 000	4 109 000
Machinery and Plant Facilities	0	0	0
Fixtures	31 000	40 000	0
Total Tangible Assets	3 907 000	4 162 000	4 109 000
Total Fiancial Fixed Assets	584 000	0	0
Total Fixed Assets	4 492 000	4 162 000	4 109 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	171 000	1 114 000	101 000
Total Current Assets	291 000	1 154 000	267 000
Total Assets	4 783 000	5 316 000	4 377 000
Total Equity	508 000	174 000	−111 000
Short-Term Group Debt	0	21 000	0
Total Long-Term Debt	4 001 000	5 051 000	4 235 000
Creditors	116 000	53 000	115 000
Unpaid Taxes	1 000	17 000	0
Dividends	0	0	0
Other Current Debt	55 000	0	137 000
Total Current Debt	273 000	91 000	252 000
Total Equity and Debt	4 783 000	5 316 000	4 377 000

Financial indicators	2022	2021	2020
Return on Equity	65,75 %	172,99 %	137,84 %
Debt-to-Equity Ratio	7,88	29,03	−38,15
Operating Profit Margin	19,15 %	16,89 %	−91,33 %
Current Ratio	1,07	12,68	1,06
Quick Ratio	1,07	12,68	1,06
Equity Ratio	0,11	0,03	−0,03
Gross Profit Margin	90,69 %	94,63 %	84 %