HEMSEDAL RESORT AS

0777 OSLO

Finances

Share Ownership

Return on Equity

9,27 %

Current Ratio

3,48

Debt-to-Equity Ratio

3,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 260 000	2 352 000	1 626 000	2 492 000
Net Income	429 000	1 172 000	664 000	3 038 000
Total Assets	23 322 000	28 266 000	15 017 000	18 005 000
Total Equity	4 628 000	12 193 000	11 910 000	9 179 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 260 000	2 352 000	1 626 000	2 492 000
Expenditure	1 234 000	801 000	775 000	1 849 000
Operating Profit	1 026 000	1 552 000	851 000	643 000
Financial Income	96 000	68 000	1 000	2 592 000
Financial Costs	573 000	118 000	0	1 000
Financial Balance	−477 000	−50 000	1 000	2 591 000
Earnings Before Tax	550 000	1 502 000	852 000	3 234 000
Tax	121 000	330 000	187 000	197 000
Net Income	429 000	1 172 000	664 000	3 038 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 877 000	23 701 000	11 432 000	14 730 000
Total Current Assets	12 446 000	4 566 000	3 584 000	3 275 000
Total Assets	23 322 000	28 266 000	15 017 000	18 005 000
Total Retained Equity	−4 720 000	−814 000	−1 096 000	−1 049 000
Total Equity	4 628 000	12 193 000	11 910 000	9 179 000
Total Long-Term Debt	15 113 000	13 608 000	1 244 000	5 713 000
Total Current Debt	3 581 000	2 466 000	1 862 000	3 112 000
Total Equity and Debt	23 322 000	28 266 000	15 017 000	18 005 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 000	2 000	53 000	237 000
Other Income	2 223 000	2 350 000	1 573 000	2 255 000
Revenue	2 260 000	2 352 000	1 626 000	2 492 000
Cost of Goods Sold	0	4 000	0	0
Salary Costs	0	0	0	0
Depreciation	512 000	429 000	332 000	1 522 000
Impairment	0	0	0	0
Expenditure	1 234 000	801 000	775 000	1 849 000
Operating Profit	1 026 000	1 552 000	851 000	643 000
Financial Income	96 000	68 000	1 000	2 592 000
Financial Costs	573 000	118 000	0	1 000
Financial Balance	−477 000	−50 000	1 000	2 591 000
Dividends	0	0	2 720 000	0
Net Income	429 000	1 172 000	664 000	3 038 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 816 000	23 196 000	11 246 000	11 521 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	60 000	504 000	186 000	166 000
Total Tangible Assets	10 877 000	23 701 000	11 432 000	11 687 000
Total Fiancial Fixed Assets	0	0	0	3 042 000
Total Fixed Assets	10 877 000	23 701 000	11 432 000	14 730 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	670 000	380 000	340 000	80 000
Total Current Assets	12 446 000	4 566 000	3 584 000	3 275 000
Total Assets	23 322 000	28 266 000	15 017 000	18 005 000
Total Equity	4 628 000	12 193 000	11 910 000	9 179 000
Short-Term Group Debt	2 067 000	1 406 000	913 000	2 509 000
Total Long-Term Debt	15 113 000	13 608 000	1 244 000	5 713 000
Creditors	523 000	260 000	249 000	27 000
Unpaid Taxes	0	0	15 000	0
Dividends	0	0	2 720 000	0
Other Current Debt	991 000	799 000	685 000	577 000
Total Current Debt	3 581 000	2 466 000	1 862 000	3 112 000
Total Equity and Debt	23 322 000	28 266 000	15 017 000	18 005 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,27 %	9,61 %	5,58 %	33,1 %
Debt-to-Equity Ratio	3,27	1,12	0,1	0,62
Operating Profit Margin	45,4 %	65,99 %	52,34 %	25,8 %
Current Ratio	3,48	1,85	1,92	1,05
Quick Ratio	3,48	1,85	1,92	1,05
Equity Ratio	0,2	0,43	0,79	0,51
Gross Profit Margin	100 %	99,83 %	100 %	100 %