HORNINDAL SKISENTER AS

6763 HORNINDAL

Finances

Share Ownership

Return on Equity

1,78 %

Current Ratio

5,19

Debt-to-Equity Ratio

0,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 588 000	2 772 000	3 544 000	3 224 000
Net Income	71 000	−213 000	737 000	316 000
Total Assets	8 458 000	8 824 000	7 736 000	8 090 000
Total Equity	3 999 000	3 928 000	4 141 000	3 404 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 588 000	2 772 000	3 544 000	3 224 000
Expenditure	3 449 000	2 988 000	2 773 000	2 861 000
Operating Profit	139 000	−216 000	771 000	363 000
Financial Income	47 000	27 000	18 000	2 000
Financial Costs	115 000	24 000	52 000	49 000
Financial Balance	−68 000	3 000	−34 000	−47 000
Earnings Before Tax	71 000	−213 000	737 000	316 000
Tax	0	0	0	0
Net Income	71 000	−213 000	737 000	316 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 790 000	6 148 000	6 570 000	5 896 000
Total Current Assets	2 668 000	2 676 000	1 165 000	2 194 000
Total Assets	8 458 000	8 824 000	7 736 000	8 090 000
Total Retained Equity	3 390 000	3 319 000	3 532 000	2 795 000
Total Equity	3 999 000	3 928 000	4 141 000	3 404 000
Total Long-Term Debt	3 945 000	4 587 000	3 300 000	3 677 000
Total Current Debt	514 000	309 000	294 000	1 008 000
Total Equity and Debt	8 458 000	8 824 000	7 736 000	8 090 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 180 000	1 411 000	2 815 000	2 885 000
Other Income	408 000	1 361 000	729 000	340 000
Revenue	3 588 000	2 772 000	3 544 000	3 224 000
Cost of Goods Sold	169 000	38 000	200 000	266 000
Salary Costs	502 000	376 000	258 000	407 000
Depreciation	452 000	679 000	637 000	427 000
Impairment	0	0	0	0
Expenditure	3 449 000	2 988 000	2 773 000	2 861 000
Operating Profit	139 000	−216 000	771 000	363 000
Financial Income	47 000	27 000	18 000	2 000
Financial Costs	115 000	24 000	52 000	49 000
Financial Balance	−68 000	3 000	−34 000	−47 000
Dividends	0	0	0	0
Net Income	71 000	−213 000	737 000	316 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 107 000	5 227 000	5 315 000	4 576 000
Machinery and Plant Facilities	412 000	537 000	759 000	679 000
Fixtures	0	0	0	0
Total Tangible Assets	5 519 000	5 764 000	6 074 000	5 255 000
Total Fiancial Fixed Assets	271 000	384 000	496 000	641 000
Total Fixed Assets	5 790 000	6 148 000	6 570 000	5 896 000
Stock	13 000	50 000	39 000	5 000
Total Investments	0	0	0	0
Cash, Bank	1 691 000	2 209 000	828 000	1 560 000
Total Current Assets	2 668 000	2 676 000	1 165 000	2 194 000
Total Assets	8 458 000	8 824 000	7 736 000	8 090 000
Total Equity	3 999 000	3 928 000	4 141 000	3 404 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 945 000	4 587 000	3 300 000	3 677 000
Creditors	423 000	150 000	158 000	810 000
Unpaid Taxes	3 000	14 000	5 000	8 000
Dividends	0	0	0	0
Other Current Debt	88 000	145 000	131 000	191 000
Total Current Debt	514 000	309 000	294 000	1 008 000
Total Equity and Debt	8 458 000	8 824 000	7 736 000	8 090 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,78 %	−5,42 %	17,8 %	9,28 %
Debt-to-Equity Ratio	0,99	1,17	0,8	1,08
Operating Profit Margin	3,87 %	−7,79 %	21,76 %	11,26 %
Current Ratio	5,19	8,66	3,96	2,18
Quick Ratio	5,33	10,33	4,57	2,19
Equity Ratio	0,47	0,45	0,54	0,42
Gross Profit Margin	95,29 %	98,63 %	94,36 %	91,75 %