VALDRES HØYFJELLSHOTELL AS

2890 ETNEDAL

Finances

Return on Equity

−6,94 %

Current Ratio

11,15

Debt-to-Equity Ratio

0,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	191 000	662 000	372 000	220 000
Net Income	−367 000	318 000	−1 610 000	236 000
Total Assets	7 655 000	8 963 000	8 838 000	10 554 000
Total Equity	5 287 000	5 654 000	5 336 000	6 946 000

Income (NOK)	2022	2021	2020	2019
Revenue	191 000	662 000	372 000	220 000
Expenditure	1 183 000	1 100 000	1 742 000	1 635 000
Operating Profit	−993 000	−437 000	−1 427 000	−1 442 000
Financial Income	1 033 000	711 000	494 000	1 369 000
Financial Costs	627 000	8 000	988 000	7 000
Financial Balance	406 000	703 000	−494 000	1 362 000
Earnings Before Tax	−587 000	265 000	−1 921 000	−79 000
Tax	−220 000	−53 000	−311 000	−315 000
Net Income	−367 000	318 000	−1 610 000	236 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 441 000	3 302 000	3 415 000	2 933 000
Total Current Assets	4 214 000	5 661 000	5 423 000	7 621 000
Total Assets	7 655 000	8 963 000	8 838 000	10 554 000
Total Retained Equity	−13 000	354 000	36 000	1 646 000
Total Equity	5 287 000	5 654 000	5 336 000	6 946 000
Total Long-Term Debt	1 990 000	2 057 000	2 118 000	2 154 000
Total Current Debt	378 000	1 252 000	1 385 000	1 454 000
Total Equity and Debt	7 655 000	8 963 000	8 838 000	10 554 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	570 000	185 000	−74 000
Other Income	191 000	92 000	186 000	294 000
Revenue	191 000	662 000	372 000	220 000
Cost of Goods Sold	0	19 000	64 000	−9 000
Salary Costs	0	18 000	203 000	425 000
Depreciation	81 000	103 000	178 000	169 000
Impairment	0	0	0	0
Expenditure	1 183 000	1 100 000	1 742 000	1 635 000
Operating Profit	−993 000	−437 000	−1 427 000	−1 442 000
Financial Income	1 033 000	711 000	494 000	1 369 000
Financial Costs	627 000	8 000	988 000	7 000
Financial Balance	406 000	703 000	−494 000	1 362 000
Dividends	0	0	0	0
Net Income	−367 000	318 000	−1 610 000	236 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 597 000	2 377 000	2 324 000	2 013 000
Real Eastate	635 000	680 000	695 000	414 000
Machinery and Plant Facilities	24 000	44 000	71 000	100 000
Fixtures	182 000	197 000	322 000	402 000
Total Tangible Assets	840 000	922 000	1 088 000	916 000
Total Fiancial Fixed Assets	4 000	4 000	4 000	4 000
Total Fixed Assets	3 441 000	3 302 000	3 415 000	2 933 000
Stock	0	0	0	57 000
Total Investments	123 000	5 188 000	4 849 000	7 280 000
Cash, Bank	2 953 000	232 000	468 000	177 000
Total Current Assets	4 214 000	5 661 000	5 423 000	7 621 000
Total Assets	7 655 000	8 963 000	8 838 000	10 554 000
Total Equity	5 287 000	5 654 000	5 336 000	6 946 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 990 000	2 057 000	2 118 000	2 154 000
Creditors	29 000	139 000	177 000	185 000
Unpaid Taxes	9 000	17 000	25 000	29 000
Dividends	0	0	0	0
Other Current Debt	340 000	1 096 000	1 182 000	1 240 000
Total Current Debt	378 000	1 252 000	1 385 000	1 454 000
Total Equity and Debt	7 655 000	8 963 000	8 838 000	10 554 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,94 %	5,62 %	−30,17 %	3,4 %
Debt-to-Equity Ratio	0,38	0,36	0,4	0,31
Operating Profit Margin	−519,9 %	−66,01 %	−383,6 %	−655,45 %
Current Ratio	11,15	4,52	3,92	5,24
Quick Ratio	11,15	4,52	3,92	5,46
Equity Ratio	0,69	0,63	0,6	0,66
Gross Profit Margin	100 %	97,13 %	82,8 %	104,09 %